Joint Managing Director, Aman Nagar, informed that the company has raised ₹70 crore from DMI for the land acquisition, but it plans to fund the construction through internal accrual and the entire project will be completed in three and half years.
Paras Buildtech plans ₹450-cr commercial project in Noida
Joint Managing Director, Aman Nagar, informed that the company has raised ₹70 crore from DMI for the land acquisition, but it plans to fund the construction through internal accrual and the entire project will be completed in three and half years.
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India has 43,856 km National Highways under construction: Gadkari
Minister Nitin Gadkari informed the Lok Sabha that a total of 43,856 km of national highway projects are under construction in India, amounting to over Rs 9,60,103 crore. As of October 31, 2023, the country's total national highway length is 1,46,145 km
ADB approves $250m loan for industrial corridor development in India
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Gurugram Metro to implement ₹5452.72 cr Circular Mobility Corridor
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New 28km metro route in Delhi NCR proposed; RITES to conduct ESIA
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Gati Shakti Master plan advances ₹15000 Cr infra projects
The high-level Network Planning Group (NPG) under the PM Gati Shakti national master plan has initiated four infrastructure projects with a staggering investment of ₹15,000 crore. These include a 127 km greenfield railway line in Jharkhand
Adani Group targets ₹7 Lakh cr investment in next decade
Adani Group is set to invest ₹7 lakh crore over the next decade in various segments, spanning ports, airports, roads, mining, metro and rail, defence, aerospace, solar panels manufacturing, and data centres. The group aims to achieve carbon-neutral
Embassy Group seals 124acres near Bengaluru for industrial development
Embassy Industrial Parks Hosur, a subsidiary of Blackstone-acquired Embassy Industrial Parks, has secured 124 acres of land on Bengaluru's outskirts in Nelamangala taluk. The land, acquired from Karnataka Industrial Areas Development Board (KIADB), will
Mumbai Municipal Corporation invites bids for ₹1362 cr road upgrade
The Municipal Corporation of Greater Mumbai (MCGM) has opened bidding for the upgrading and strengthening of roads in the Mumbai metropolitan city division, entailing an investment of ₹1,362.34 crore. The project includes enhancing various
Scania India Partners with PPS Motors: Strengthens presence in Mining
Scania Commercial Vehicles has partnered with PPS Motors, designating them as the sole representative for Scania's mining tippers in India. This partnership ensures Pan India coverage for sales and service operations. Scania India
Six Infra giants bid for ₹16,621 cr Mumbai coastal road project
Six major infrastructure firms, including L&T, J Kumar Infraprojects, NCC Limited, Megha Engineering, APCO Infraprojects, and Afcons Infrastructure, are competing for the ₹16,621-crore Coastal Road project connecting Versova to Dahisar
Uttarakhand awards THDCIL-UJVNL Energy ₹17,000 cr Hydro Projects
Uttarakhand State Government has granted contracts worth ₹17,000 crore to THDCIL-UJVNL Energy Company, a joint venture between THDC India and UJVNL, for five hydro-electric projects totaling 1,719 MW. The projects include Mori Hanol (63 MW)
India and ADB sign $175mn loan pact for MP road upgradation
India and the Asian Development Bank (ADB) have inked a $175 million loan agreement to upgrade 500 km of state highways and major district roads in Madhya Pradesh. The project will incorporate climate- and disaster-resilient designs
Gujarat govt signs MoUs with AAI for development of 11 airports
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NHAI accelerates ₹580 cr Pune-Bengaluru NH bypass construction
NHAI expedites construction of the six-lane Narendra Cross to Gabbur stretch on the Pune-Bengaluru National Highway bypass, with a ₹580 crore investment. The project, managed by NHDL, includes 21 underpasses, one road over bridge
NHAI invites bids for ₹270 cr elevated structure project in Rajasthan
NHAI has issued a tender for the construction of an elevated structure at Raniwara Circle, Sanchore town, as part of the Gandhav-Sanchore section on NH-68 in Rajasthan. The project, under the NH(O) scheme, follows an EPC model and requires
Allcargo Gati appoints Sandeep Kulkarni as COO
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Panattoni launches its first project in India with Rs 110 cr investment
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VOC port gets approval for Rs 7,055.95 cr container terminal
The Union government's V O Chidambaranar Port Authority in Tamil Nadu has received approval from the Public-Private-Partnership Appraisal Committee (PPPAC) to construct a 4 million TEUs capacity container terminal in the port's outer harbor, involving
HCPL secures bid for Hubballi Airport's Rs 260.22 cr terminal
Harsh Constructions (HCPL) emerges as the lowest bidder (L1) for the civil construction of Hubballi airport's new terminal building in Karnataka. The Rs. 260.22 crore investment will enable the terminal to handle 2400 peak-hour passengers, featuring
RITES & MIDC join forces for logistics projects
Government-controlled PSU RITES, under the Ministry of Railways, has inked an initial pact with Meghalaya Industrial Development Corporation Ltd (MIDC) for multi-modal logistics projects in Meghalaya. RITES will serve as a project management consultant
