Infrastructure

The Cabinet approves Capital Grant as Viability Gap Funding (VGF) to Indradhanush Gas Grid Limited for setting up the Rs.9,265 crore North East Natural Gas Pipeline Grid.

Adani Ports and Special Economic Zone Ltd (APSEZ) is expected to maintain its ratio of funds from operations to debt at more than 15% following its acquisition of 75% of Krishnapatnam Port Co Ltd for an enterprise valuation of Rs.135...

Cost of 1,636 projects has increased by a hefty 20.52% to Rs 2,353,108.80 crore from original implementation cost of Rs 1,952,524.85 crore, reflecting the challenges of managing projects in India.

The government has been called on to find ways to infuse at least Rs.1-2 lakh crore into the economy to boost construction and infrastructure developments and to clear up the back log of pending payments despite the concern about fiscal...

To give a further push to clean mobility in Road Transport Sector, the Department of Heavy Industries has sanctioned 2,636 charging stations in 62 cities across 24 States/UTs under FAME India (Faster Adoption and Manufacturing of Electric Vehicles in India)...

The Ministry Road Transport & Highways proposes to develop additional 60,000 km of National Highways in the next five years, of which 2,500 km are Express Ways and Access Controlled Highways, 9,000 km Economic Corridors, 2,000 km for Coastal and...

India needs to spend about US$1.4 trillion (Rs.100 lakh crore) on infrastructure through to 2025, said Finance Minister Nirmala Sitharaman at the release of a Report of the Task Force on National Infrastructure Pipeline for 2019-2025.

Rapid Transport Rail between Delhi and Meerut, Panipat and Alwar was being developed by the central Government on a fast track basis, announced Minister of Home Affairs Amit Shah at the foundation Stone laying ceremony of Integrated Development of East...

The Cabinet has approved the release Rs.627.40 crore for 10 projects sanctioned during 2018-19 and additional Rs.1,854.67 crore for sanctioning of new tourism infrastructure projects during 2019-20 under Swadesh Darshan Scheme.

Four works of total 640-route-km at a total cost of Rs.1,810 crores have been sanctioned as pilot projects in Supplementary WP 2018-19 for extensive trials for Automatic Train Protection (ATP) System.