ERB clears ₹22,242-cr sub-urban rail network in Bengaluru

Southern Railway
The much delayed suburban railway service for Bengaluru has finally been cleared by the Extended Railway Board (ERB) of the Indian Railways. The project will be submitted to the cabinet committee for final clearances. The project will start services to tackle the city's growing traffic problem, especially in the high density IT Corridor along the Outer Ring Road. Cities like Kolkata, Mumbai and Chennai already have suburban railway services. It is heartening to know that ERB has cleared the project after decades of protracted delays. Among others, the real benefit that Bengaluru will get from the Railways in the short term is that they can run a few local short-distance trains using the existing infrastructure and implement ideas like setting up halt stations in places like Maratahalli. Initiatives to work closely with BMTC to ensure bus connectivity from these stations will ensure that thousands of cars will remain off the Outer Ring Road when the project becomes fully functional.

Kerala clears ₹572-cr infra funds to build Mobility Hub

In a bid to turn the Vyttila Mobility Hub into a controlled centre of integrated transport activities in Kochi, the state government in Kerala has sanctioned ₹572 crore to kick start the second phase of its development. The facility Read More ...

Singapore’s Cube wins ₹5,011-cr highway project on ToT model

Singapore-based toll road operator Cube Highways and Infrastructure has emerged as the successful bidder for the third bundle of Toll-Operate-Transfer (ToT) highway projects auctioned by NHAI, by placing the highest bid of ₹5,011cr Read More ...

Coal India to develop 55 mine blocks

Coal India has decided to develop 55 new coal mines and expand 193 existing ones in the immediate future. The company is also undertaking portal-based monitoring of ongoing projects to ensure their timely completion. Coal India Read More ...

Gurugram gets ₹400-cr low-cost housing units

Delhi-based real estate player Signature Global has launched two affordable housing projects in Gurugram under the Haryana government's scheme. Construction work on the two new projects 'Aspire' and ' Prime', housing about 1,450 units Read More ...

NMDC gets ₹2,000-cr housing projects in Bastar

In order to help the cash-strapped Chhattisgarh Housing Board in the construction of a township for upcoming Nagarnar Steel Plant in Bastar district, NMDC has decided to help build the board's a housing project at an investment worth ₹2,000cr Read More ...

WB commits $300-mn for multi-model hub in Bengal

The World Bank will pump in $300 million for the development of multi-modal logistics infrastructure hub in the Kolkata metropolitan area, informed the state’s finance minister. WB considers the location to be a springboard for a huge Read More ...

NHAI launches Rs. 1,035-cr NH widening project

The National Highway Authority of India (NHAI) is all set to start road-widening work on the Sinnar-Shirdi highway at an investment of Rs. 1,035 crore. The land acquisition process has already been completed and the assigned contractor Read More ...

NHAI awards Rs. 119-cr flyover contract in Chhattisgarh

NHAI has awarded a Rs. 119 crore contract to an Ahmedabad-based construction company for developing a flyover at Tatiband highway in Chhattisgarh. The construction work is set to start soon. The locals have repeatedly raised the demand Read More ...

GMRC floating tenders for Phase-II metro project

Construction of the Ahmedabad-Gandhinagar Metro rail project Phase-II, which is being built by the Gujarat Metro Rail Corporation (GMRC), is set to start soon. The work for this phase is aimed at connecting Motera in Ahmedabad to Mahatma Read More ...

NHAI to award 2,000-km roads under HAM model

The NHAI is contemplating awarding around 2,000 km of road projects based on the HAM model in the current fiscal. It has a awards target in all the categories of 6,000 km in the current fiscal, while in the last fiscal, 834-km projects Read More ...

Govt plans priority status for real estate AIF

The ministry of finance along with SBI is working out a legal framework where the proposed alternative investment fund (AIF) for reviving stalled real estate projects will have the first charge on assets and cash flow of entities Read More ...

PMC sets to start ₹120-cr bridge project

The civil work on the 2.5km-long flyover between Rajaram bridge and Fun Time Multiplex at Wadgaon Budruk on Sinhagad Road is all set to start. The ₹120 crore flyover, once completed, will streamline traffic flow on Sinhagad Road Read More ...

UP gets ₹3-trillion metro & rapid rail networks

Metro rail networks stretching across 1,500 km, including rapid rail transit system (RRTS) projects are to be built across state's cities in the next 5 years, said Joint Secretary Union Housing and Urban Affairs Ministry, Sanjay Murthy Read More ...

AIIB unveils $2.2-bn India infra investment plans

Injecting a major boost to Indian infrastructure sector, the Beijing-based Asian Infrastructure Investment Bank (AIIB) has planned an investment worth over $2.2 billion in the country's infrastructure sector. The newest investment Read More ...

CMRL speeds up 136-km long four metro rail corridors

The state government in Tamil Nadu has fast tracked the construction of four metro rail corridors in Coimbatore shortly after consulting company, Systra Group, entrusted to conduct the feasibility study submitted its report to the Chennai Read More ...

L&T wins ₹2,500-cr construction contracts

The construction arm of L&T has recently secured construction orders worth ₹2,500 crore across business segments. The Water and Effluent Treatment Business has bagged an EPC order from Jharkhand Urban Infrastructure Development Company Read More ...
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