Infrastructure

The next five years should see the commissioning of marquee projects like the Western Dedicated Freight Corridor (DFC) while there would be additional airports in Mumbai and Delhi NCR, according to a senior Indian industry official.

NITI Aayog will be supporting Union Territory of Ladakh's administration through its key initiative ‘Development Support Services to States for Infrastructure Projects (D3S-i)’.

The World Bank has signed a loan agreement of US$88 million to help modernize Assam’s passenger ferry sector that runs on its rivers including the mighty Brahmaputra.

Prime Minister Narendra Modi said more than 200 projects worth over Rs.3 lakh crore are underway and about one hundred twenty five have been completed as part of the Sagarmala programme.

Two recent amendments related to commercial disputes are steps taken by the government to make India a hub for International Arbitration, said Rajveer S Verma, Additional Secretary, Ministry of Law and Justice.

The Government has planned Rs.102 lakh crore National Infrastructure Pipeline such as inland waterways, shipping, and an industrial steel hub supporting projects.

Airport Authority of India (AAI) is to invest more than Rs.25,000 crore in airport infrastructure which includes privatization program, Minister of State for Civil Aviation, Hardeep Singh Puri, said on 10 Jan 2020 in Delhi.

Singapore’s Cube Highways and Infrastructure III Pte Ltd is to increase its portfolio in India with the latest agreement to acquire KNR Walayar Tollways Private Limited (KWTPL), an operating toll road in the state of Kerala.

Indian Railways has planned to source about 1,000 Mega Watt (MW) Solar Power and about 200 MW of wind power progressively by 2021-22 across Zonal Railways & Production Units.

The Cabinet has approved on 8 Jan 2020 a Memorandum of Understanding with United Kingdom’s Department for International Development to work on a project as a part of the endeavor for enabling energy efficiency and energy self-sufficiency for the Indian...