Govt. doubles up ₹119-cr NH as airfield for IAF fighters

Road Project
The government has identified a stretch of the Srinagar-Banihal highway to convert it into an emergency landing strip for fighter jets and has invited proposals from consultants for the project, said sources. The project—the first in Jammu & Kashmir—is among the 13 emergency landing strips planned by the government on highways across the country. The highway landing strip will be 3.5-km long and can be constructed in eight months at a cost of about ₹119 crores. The stretch is part of the Jammu-Srinagar national highway on which explosives laden car rammed into a CRPF convoy killing 40 security personnel. According to sources, in March this year, the government had informed parliament of its intent to set up emergency landing strips on highways in various states, which would be capable of handling all types of aircraft. Bids were invited for seven such projects earlier, and for the proposed Srinagar-Banihal was called on May 30. The last date for submission of bids is July 16. Another site identified in J&K is the highway between Bijbehera and Chinar Bagh, bids for which are still to be called. As per plan, Rajasthan, Uttar Pradesh, Andhra Pradesh and Tamil Nadu will have two emergency landing strips each, while West Bengal, Odisha and Gujarat will have one each and that sites have been jointly identified by the Indian Air Force and NHAI.

PM rolls out ₹100 lakh-cr infra building plans

The PM has announced that ₹100 lakh crore will be spent towards infrastructure creation in the country as in the last five years his government has seen massive spending on roads, railways, water, irrigation and urban infrastructure Read More ...

Softbank sharpens realty plans in Punjab

Evincing keen interest in the real estate sector of Punjab, Japan's Softbank Group will be investing in Punjab's realty sector, with a focus on student housing through Indian hotel start-up OYO, which is backed by SoftBank Group. A high Read More ...

Hyderabad gets ₹10,000-cr realty investment

Hyderabad has secured about ₹10,100 crore worth of investments in its real estate sector since the beginning of 2015 till the first half of 2019 as against ₹1,800 crore from 2008 to 2014, a latest JLL study said. Focus on infrastructure Read More ...

AAI earmarks ₹19,000-cr for aviation infrastructure

Looking to upgrade India's airport infrastructure, the Airports Authority of India (AAI) has decided to invest about ₹19,000 crore in the next couple of years, claimed official sources. The investment is being made to improve runway capacity Read More ...

APIIC allots 2,600-acre for ₹15,000-cr infra projects

Andhra Pradesh Industrial Infrastructure Corporation (APIIC) has allotted about 2,600 acres of land for four major projects being set up by Bharath Electronics Limited (BEL), National Academy of Customs, Excise and Narcotics (NACEN) Read More ...

Allianz launches $150-mn commercial realty expansion

Munich-based Allianz SE has committed $150 million to an office development platform managed by Godrej Group. The investment is part of Allianz's strategy to allocate 50-60% to its real estate exposure within the Asia Pacific to fast Read More ...

Delhi building ₹800-cr flyovers across Yamuna

PWD Delhi has decided to build two flyovers and an underpass in northeast Delhi en route to Ghaziabad, which will be commissioned in two years. The projects, estimated to cost ₹800 crore, have been approved by Unified Traffic and Read More ...

ADB invests $23-mn in GR Infra road projects

The Asian Development Bank (ADB) has signed an agreement to invest $23 million with GR Infraprojects Limited (GRIL) to help the company scale up its speed of construction of roads and highways through purchase of new construction equipment Read More ...

Sattva Infratech plans ₹500-cr affordable housing project

Realty firm Signature Sattva Infratech in a recent development has planned to invest ₹500 crore to develop its first project in Alwar, Rajasthan, under the state government's affordable housing scheme. The Gurugram-based firm has acquired Read More ...

NHAI clears ₹600-cr double-decker flyover in Pune

The National Highways Authority of India (NHAI) has finally cleared the double-decker flyover of MahaMetro on Kamptee Road entailing an investment of ₹600 crore. Metro work on the Sitabuldi to Kamptee Road stretch was stuck due to Read More ...

NHAI fast tracks Chennai-Bengaluru highway project

The Ministry of Road Transport and Highways (MORTH) has set an 18-month deadline for completion of the widening of the Chennai-Bengaluru Highways. It is scheduled to be completed by May 2021. Of the 326 km Chennai-Bengaluru Bypass Road Read More ...

LDA plans mixed used project along Gomti River

The Lucknow Development Authority (LDA) has decided to construct housing and commercial projects along the banks of the Gomti river in view of the decreasing land parcel in the city. A proposal has been sent to the state government Read More ...

ADB clears $200-mn for rural roads in M’rashtra

The Asian Development Bank (ADB) has approved a $200 million loan for improving road infrastructure in 34 districts of Maharashtra to better connect rural areas with markets and services. Under the exercise, roads in rural areas would Read More ...

SPML Infra fixes water infra projects on radar

In view of the emerging huge business opportunities in the water infrastructure sector, SPML Infra has decided to play a key role as the project envisaged connecting about 140 million remaining rural and urban households in five years Read More ...

KONE Elevators launches 24x7 service connectivity

KONE, a global elevator and escalator manufacturing company, has launched its 24x7 Connected Services, which helps in fewer faults and faster repairs. Using the latest technology, data relating to key operating parameters, usage Read More ...

Siemens Gamesa gets twin wind power orders

Siemens Gamesa Renewable Energy has bagged two orders from Alfanar to supply equipment for generation of 453 MW at two wind farms at Bhuj in Gujarat. The Spanish firm has secured its first order in India from Alfanar for supply of 206 units Read More ...
NBM&CW

New Building Material & Construction World

New Building Material & Construction World
MGS Architecture

Modern Green Structures & Architecture

Modern Green Structures & Architecture
L&ST

Lifting & Specialized Transport

Lifting & Specialized Transport
II&TW

Indian Infrastructure & Tenders Week

Indian Infrastructure & Tenders Week