Defence Minister Inaugurates 75 BRO Projects Worth ₹2,236 Cr
Defence Minister Rajnath Singh has inaugurated 75 Border Roads Organisation (BRO) road and bridge projects, valued at ₹2,236 crore. These projects span across 11 border states and union territories, including Jammu & Kashmir
Union Minister Inaugurates Rooftop Solar Plant at GSITI, Hyderabad
Union Minister for Coal and Mines, G. Kishan Reddy, inaugurated a Rooftop Solar Power Plant at the Geological Survey of India Training Institute (GSITI) in Hyderabad. This initiative aligns with Prime Minister Narendra Modi’s vision
Suzlon Secures 400 MW Wind Power Order from JSP Green Wind 1
Suzlon Group has secured a major 400 MW wind power order from JSP Green Wind 1 Pvt. Ltd., a special purpose vehicle of Jindal Renewables Power Private Limited. This is the industry's largest win in the Commercial & Industrial
MHADA Mumbai Board Issues Tender for Abhyudaya Nagar Redevelopment
The Mumbai Board of MHADA has issued a tender for the comprehensive redevelopment of the Abhyudaya Nagar MHADA Colony in Kala Chowki. The tender, under the Construction and Development (C&D) model, seeks a developer to undertake the
Maharashtra Cabinet Approves ₹24,702.92 Cr Jalna-Nanded Expressway
The Maharashtra Cabinet has approved the ₹24,702.92 crore Jalna-Nanded expressway, which will connect to the Mumbai-Nagpur Samruddhi Expressway. This new expressway is expected to reduce the current 226 km distance between Jalna
AAI and Madhya Pradesh Ink MoU for Shivpuri Airport Development
The Airports Authority of India (AAI) and the Madhya Pradesh government have signed an MoU for the development of Shivpuri airport. The agreement focuses on transforming Shivpuri into a key regional hub under the Regional
NPG Reviews Key Infrastructure Projects under PM GatiShakti
The 81st meeting of the Network Planning Group (NPG), chaired by Shri Rajeev Singh Thakur, Additional Secretary, DPIIT, reviewed five major infrastructure projects from the Ministry of Road Transport and Highways (MoRTH) and
Ashoka Buildcon JV Wins ₹1,667.78 Cr NAINA Project Bid
Ashoka Buildcon JV has emerged as the lowest bidder (L1) for the NAINA project. The contract includes integrated infrastructure development, focusing on the construction of 20m and wider roads, major and minor structures such as flyovers
RPP Infra Secures ₹201.94 Cr Road and Bridge Contract in Maharashtra
RPP Infra Projects has received a letter of acceptance (LoA) from the Maharashtra State Infrastructure Development Corporation for the construction of concrete roads and the reconstruction of bridges.
RLDA Invites Bids for Leasing Office Spaces at Safdarjung Railway Station
The Rail Land Development Authority (RLDA) has announced bids for leasing office spaces at the Operational Building of Safdarjung Railway Station, located under the Northern Railway's Delhi Division.
Kochi Metro to Begin Construction of Two More Stations on Phase II
Kochi Metro Rail Ltd (KMRL) is set to begin construction of two new stations—Chittethukara and Cochin SEZ—on the Phase II Pink Line, which will connect JLN Stadium to Kakkanad. The land acquisition for the stations has been approved
Union Cabinet Approves ₹4,406 Cr for 2,280 km of Border Roads
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the construction of 2,280 km of roads in the border areas of Rajasthan and Punjab, with an investment of ₹4,406 crore. This initiative aims to enhance infrastructure
PM Modi Lays Foundation for ₹7,600 Cr Development Projects in Maharashtra
Prime Minister Narendra Modi has laid the foundation stone for several development projects in Maharashtra, totaling over ₹7,600 crore. Key initiatives include the upgrade of Dr. Babasaheb Ambedkar International Airport
ICRA Projects 9-11% Growth in Air Cargo Volumes for FY2025
ICRA forecasts a 9-11% year-on-year growth in overall air cargo volumes, reaching around 3.6-3.7 million tonnes in FY2025. This growth will be driven by an 11-13% increase in international cargo and 4-6% growth in domestic cargo.
Etihad Rail and RITES Sign Agreement for Railway Collaboration
Etihad Rail, the developer of the UAE National Rail Network, and RITES, an Indian transport infrastructure consultant, have signed an initial agreement to explore collaboration on railway and infrastructure projects in the UAE and nearby
Mumbai MMR Sees 7% Rise in Residential Transactions in Q3 2024
Residential transactions in Mumbai's Metropolitan Region (MMR) surged in the September quarter, with 52,745 registrations, marking a 7% year-on-year increase, according to Square Yards data. The total home sales value grew by 10%
Ceinsys Tech Wins ₹385 Cr Bid for Wainganga-Nalganga River Link Project
Ceinsys Tech has emerged as the lowest bidder for the Wainganga-Nalganga river link project in Maharashtra. The ₹385.15 crore contract, awarded by the Water Resources Department, covers a detailed survey, hydrology study, design
JCB India Launches Fuel-Efficient JCB NXT 215 LC Fuel Master Excavator
JCB India, a leading manufacturer of earthmoving and construction equipment, has launched the JCB NXT 215 LC Fuel Master Tracked Excavator at its Pune facility. Designed to reduce fuel consumption by 14% compared to its predecessor
ICRA Forecasts 12-15% Revenue Growth for Indian Construction Firms in FY25
ICRA expects Indian construction companies to achieve healthy revenue growth of 12-15% in FY2025, driven by a strong order book and the Government’s focus on infrastructure development. As of June 2024, the sample set of companies analyzed