DFC secures ₹8,553-cr funds for freight corridor

Japan International Cooperation Agency (JICA) has committed ₹8,553 crore for the Dedicated Freight Corridor (DFC) Project (Phase 1) (IV). The multilateral financing agency has signed an agreement with the Government of India to provide an Official Development Assistance (ODA) loan to the Dedicated Freight Corridor Corporation of India Limited (DFCCIL), which is the executing agency of the project. The objective of the project is to promote comprehensive regional economic development along the freight corridor as the backbone of the Delhi-Mumbai Industrial corridor (DMIC) development plan, said chief representative, JICA India, Katsuo Matsumoto, who added that the agency is committed towards development of infrastructure in the transportation sector. It will help to promote comprehensive regional economic development along with the freight corridor in DMIC area. In phase 1, 950-km freight line starting from Rewari in Haryana will connect major cities in Gujarat, Rajasthan, and Haryana and culminate at Vadodara in Gujarat.

: Published: 05 April 2020

ICRA: NHAI to give extension in concession period & loan for BOT Toll projects

The Ministry of Road Transportation and Highways (MORTH), which suspended tolling on all national highways for 25-days (March 26 April 19, 2020), is set to extend the concession period to compensate for the loss in net present Read More ...

Noida surges ahead in office space leasing in NCR

Noida witnessed a surge in office space leasing in the third and fourth quarters of 2019 and recorded the highest leasing in the National Capital Region (NCR), said a report by 360 Realtors, adding that about 80 per cent of Read More ...

NCRTC speeds up construction work on rapid rail corridor

The National Capital Region Transport Corporation (NCRTC) has expedited construction work on the Delhi-Gurugram-Alwar RRT corridor. To start with, the corporation has initiated work on road widening between the IDLP Complex Read More ...

DMRC initiates ground work on Metrolite project

The Delhi Metro Rail Corporation (DMRC) has initiated ground work of the first Metrolite corridor from Kirti Nagar to Bamnaoli village. Tenders have been floated for topographical survey and geo-technical investigation Read More ...

MCG launches ₹145-cr infra project in NCR

The major projects that were halted due to the lockdown have been kickstarted by the Municipal Committee Gurgaon at an investment of ₹145 crore. The projects include a cultural centre in Sector 56, a stadium in Wazirabad Read More ...

UP steers clears ₹1.3 lakh-cr road & highway projects

The Uttar Pradesh government has restarted roads, highways and bridge projects involving investments of over ₹1.3 lakh crore. To start with, the state has fast tracked projects worth ₹31,400 crore under the ambit Read More ...

NHIDCL floats tender for ₹750-cr Z-Morh-Zojila tunnel

The National Highways & Infrastructure Development Corporation (NHIDCL) has floated tenders for work on the Z-Morh-Zojila tunneling section. The scope of work in the project includes construction of twin tube uni-directional Read More ...

ISGEC Engineering bags ₹163-cr BMRCL's metro contract

Noida-based ISGEC Heavy Engineering has turned out to be the lowest bidder for constructing the Kothanur metro depot, meant for expediting stabling & maintenance of trains which move on the Gottigere to Nagawara section Read More ...

NHAI connects Amritsar on ₹60,000-cr Delhi-Katra e-way

The National Highways Authority of India (NHAI) has included Amritsar in the amended alignment of the Delhi-Katra high-speed expressway. The authorities are now re-evaluating the alignment on the directions of Read More ...

Gujarat floats tenders for ₹593-cr water infra projects

The Gujarat Water Infrastructure Department has floated tenders for Chavand Bulk Pipeline Project involving an investment of ₹593 crore. The scope of work involves design, construction and operation for Navda to Gadhada Read More ...

Triupati railway station gets ₹510-cr upgrades

The Rail Land Development Authority (RLDA) has decided to inject ₹510 crore for the redevelopment of the Tirupati railway station in Andhra Pradesh. The RLDA, in a recent move, has conducted an online pre-bid for the Read More ...

LDA awards ₹277-cr construction contacts

The Lucknow Development Authority has awarded contracts for five construction and developmental projects, including three housing projects for building 1,000 flats involving an investment of ₹277 crore. Among others Read More ...

NHAI takes charge of four National Highways in Kerala

National Highway Authority of India (NHAI) has taken charge of the maintenance and renewal of four National Highways in Kerala. Up till now, the state PWD was responsible for carrying out the maintenance works on the National Read More ...

BRO connects Chamba tunnel in Uttarakhand

The Border Roads Organisation (BRO) has achieved a breakthrough by connecting the north and south portals of the Chamba tunnel in Uttarakhand. The tunnel will be opened to traffic by the end of this year, about three Read More ...

RHB launches ₹200-cr housing project in Jaipur

The Rajasthan government has handed over the task of building 576 flats at an investment of ₹200 crore to Rajasthan Housing Board (RHB). Sstate UDH minister Shanti Dhariwal laid the foundation stone for the mega venture Read More ...

Tata BlueScope Steel launches easy to install, modular life-care structures to combat COVID-19

Tata BlueScope is ramping up the health infrastructure to combat the coronavirus pandemic with Smart Steel Structures supplied under EZYBUILD® smart steel solutions. These hygienic Isolation Units and contactless Testing Read More ...