Infrastructure

Contracts comes with incentives and penalty   Ministry of Railways is adopting Engineering, Procurement & Construction (EPC) tendering system with structure of incentive and penalty to electrify 38,000-km route network over five years to 2022. The Indian Railways have prepared...

State govt cooperation sought in land acquisition Road Transport and Highways Minister, Nitin Gadkaari, said his minisry plans to build highways worth Rs.2 lakh crore in Uttar Pradesh before the government’s five year term ends next year. He also inaugurated...

UAE-India aims to work in third country markets Prabhu discusses business with UAE delegation. India is progressing on the United Arab Emirates (UAE) plan to invest US$75 billion over the next 10 years in its growing infrastructure projects. This was...

Sokolov hopes New Delhi will use Russian expertise Russia wants to take forward the development of the International North-South Trade Corridor comprising (INSTC), road, rail, shipping and air links from India, Iran and Caspian Sea states. Giving an update on...

Rs.6 lakh crore for infra projects Modi address Advantage Assam. India is to invest Rs.6 lakh crore on infrastructure and develop 600 major railway stations in the coming years, said Prime Minister Narendra Modi. "Our target is to re-develop 600...

Haryana and Chandigarh accelerates DPRs Detailed project reports (DPRs) are being prepared for 11 projects in Amritsar, 19 in Jalandhar and 19 in Ludhiana as part of the 'Smart Cities Mission (SCM)' development. These projects are estimated to cost Rs.3,385...

Minister set 2018 target to build 10,000-km The National Highways Authority of India has invited bids for 1,000km projects within the next 15 days. In total, NHAI plans to award 3,300 km of road projects this month (February) and 5,000...

Govt to provide US$380M JMVP The World Bank has signed a US$375 million loan agreement with Department of Economic Affairs (DEA) for the capacity augmentation of National Waterway-1 from Varanasi to Haldia on Ganga River. Implementor Inland Waterways Authority of...

Benefits for rural, social and infra sectors It is not surprising that the Union Budget FY19 has turned out to be populous, said Dr. Arun Singh, Lead Economist, Dun & Bradstreet - India. "The Union Budget FY19 has given more...

New Delhi concerned about CPEC in disputed territory China is keeping its doors open for India to participate in its ambitious Belt and Road Initiative (BRI), a multi-billion-dollar infrastructure development endorsed by the United Nations. "We will keep the door...