ring road in srinagar
The Srinagar semi-ring road project has gained momentum with the Central government allocating an additional amount of ₹1,400 crore for land acquisition. The National Highway Authority of India has divided the project into two phases. Its earlier estimated cost was ₹1,860 crore where Phase 1 has 42.10 kilometres for 90 per cent of the land that has been acquired. While as for phase 2, consisting of 19 kilometres of road length to be developed, a detailed project report is under revision for change of alignment. However, the project is still facing hiccups as many landowners are alleging that the authorities are not giving them fair compensation in lieu of land as farmers are demanding compensation as per the new central compensation Act which has come into effect in J&K after the abrogation of special status. Under the Phase-II of the project, a two-way road will start at Narbal and meet in Ganderbal and the project is likely to cost ₹1195 crore in Phase-I and ₹448 crore in Phase-II. The road length in Phase-I will be 34.72 km and in Phase-II 27.2 km along with a Toll Plaza at Narbal Junction. In the proposed four-lane road project from Galander to Narbal, there will be 155 culverts, two road-over bridges, two flyovers, five major junctions, 17 minor junctions and one Toll Plaza. The two-lane road from Narbal to Ganderbal will have 135 culverts, five major junctions and nine minor junctions. The projects should keep room for widening from four-lane to six-lane and from two-lane to four-lane to cater to the emerging requirements.
JICA Signs Loan Agreement for Phase-2 of Chennai Peripheral RR Project
The Japan International Cooperation Agency (JICA) has finalized a loan agreement amounting to approximately ₹2,809 crore (49,847 million Japanese Yen) for the construction of the second phase of the Chennai Peripheral Ring Road

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PM Modi to Inaugurate Ambitious Railway Infrastructure Projects
Prime Minister Narendra Modi is set to inaugurate significant railway infrastructure projects on February 26, including the foundation stone laying ceremony for 550 Amrit Bharat stations and nearly 1,500 road overbridges and underbridges

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Central Government Projects Show Improvement in Timeliness
A recent report released by the government highlights positive trends in the timely completion of central government projects. In January, the percentage of projects running behind schedule decreased to 42.8%, the lowest in 15 months

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Saint-Gobain Joins Build Ahead to Advance Sustainable Const in India
Saint-Gobain, a global leader in sustainable construction, has announced its partnership with 'Build Ahead,' a coalition founded by Xynteo, aimed at promoting sustainable practices in the construction sector. The partnership was revealed

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Patel Engineering Wins ₹525.36 Cr Irrigation Project in Telangana
Patel Engineering Limited (PEL), in a joint venture, has secured the contract for an irrigation project worth ₹525.36 crore from the Irrigation & CAD Department, Government of Telangana. The project entails the construction of an RCC

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Japan Commits ₹12,814Cr Loan for 9 Infrastructure Projects in India
The Government of Japan has committed Official Development Assistance (ODA) loans totaling approximately ₹12,814 crore for nine projects across various sectors in India. The agreements were formalized through an exchange of notes between

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AM/NS India Appoints Arvind Bodhankar as Chief Sustainability Officer
ArcelorMittal Nippon Steel India (AM/NS India), a prominent joint venture between ArcelorMittal and Nippon Steel, has announced the appointment of Dr. Arvind Bodhankar as its Chief Sustainability Officer, effective immediately.

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Waterways Development Projects Worth ₹308 Cr Launched in North East
The Union Minister of Ports, Shipping & Waterways and Ayush, Shri Sarbananda Sonowal, initiated a significant push for waterways development in the North East region by unveiling projects worth ₹308 crore in Guwahati. The projects include

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Part of Regional Ring Road in Telangana Declared National Highway
The Centre has granted approval for designating the southern segment of the Regional Ring Road (RRR) in Telangana as a national highway, following a request made by Telangana Chief Minister A Revanth Reddy to Union Road Transport Minister

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Prime Minister Unveils ₹32,000 Cr Development Projects in Jammu
Prime Minister Narendra Modi has inaugurated, dedicated to the nation and laid the foundation stone of ₹32,000 crores development projects in Jammu. The projects relate to sectors like health, education, rail, road, aviation, petroleum

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Tamil Nadu Govt Allocates ₹2,500 Cr for Upgradation of Roads
Tamil Nadu's Finance Minister has allocated ₹2,500 crore for upgrading 4,457 km of urban roads, ₹946 crore for improving drinking water and sewage infrastructure in North Chennai, and the implementation of the Pasumai Thamizhnadu Mission

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PM Modi to Lay Foundation for Infrastructure Projects in Varanasi
Prime Minister Narendra Modi is set to inaugurate 23 completed projects worth ₹10,972 crore and lay the foundation for 13 new projects worth ₹3,344 crore in Varanasi on Feb 23. The projects include the establishment of Bharat Heavy

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Government Focuses on Building Wider Highways & Expressways
Government data reveals a significant shift towards prioritizing the construction of wider highways and expressways since 2019-20, with an annual construction rate of highways with four lanes or more tripling compared to 2013-14.

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PM Modi Launches Projects Worth ₹10 Lakh Cr in Uttar Pradesh
Prime Minister Narendra Modi inaugurated 14,000 projects in Uttar Pradesh, collectively valued at over ₹10 lakh crore. These projects span various sectors including manufacturing, renewable energy, food processing, housing, real estate

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Delhi Government Approves MoU for Phase-IV Metro Corridors
Chief Minister Arvind Kejriwal has greenlit the signing of a memorandum of understanding (MoU) between the Delhi government, the Centre, and the Delhi Metro Rail Corporation (DMRC) for the first three corridors of the Phase-IV metro expansion

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Railways Sanctions Rail-cum-Road Bridge Over Brahmaputra in Guwahati
The Railway Board has issued a sanction letter to NF Railway for the construction of the second rail-cum-road bridge over the Brahmaputra in Guwahati, removing a major bottleneck in rail connectivity between Guwahati city and the rest of

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Union Minister Announces Massive Investments in North East India
Union Minister B L Verma disclosed that the central government has already invested ₹5 lakh crore in North East India since 2014, with an additional ₹11 lakh crore earmarked for ongoing developmental projects. Verma emphasized the region's

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ICEMA CE Summit Charts Path to $25B Market
The 2nd CE Manufacturing and Supply Chain Summit, organized by the Indian Construction Equipment Manufacturers Association (ICEMA), brought together industry stakeholders, policymakers, and thought leaders to discuss the future of the

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Atlas Copco India wins Energy Efficiency Manufacturing Excellence Award
Atlas Copco India, a leader in compressors, vacuum solutions, generators, pumps, power tools and assembly systems, has won the Energy Efficiency Manufacturing Excellence Award in the category “Industrial Air Compressors” at the

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Construction of 4-Lane and Above Highways Hits Record High
The share of 'four-lane and above' highway stretches constructed in India between April and January of the current financial year has reached its highest-ever level, comprising nearly 43% of all NH stretches built in 2023-24. The pace

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