Infrastructure

IREDA sanctions first loan for MP projects Solar plant in Kerala. The World Bank has worked out a proposal to channelize US$100 million for creating common infrastructure for ultra-mega solar parks in India. The work has been done with Ministry...

Road design to cover heavy rainfall and storm surges The Asian Development Bank (ADB) is lending US$250 million for the construction of 6,254 kilometres all-weather rural roads in the States of Assam, Chhattisgarh, Madhya Pradesh, Odisha and West Bengal. The...

Opportunities highlighted in third country markets Singapore companies can collaborate with South Asian companies to participate in third country infrastructure developments and build "truly globally-competitive" status. Making this call, Singapore's Senior Minister of Trade and Industry, Sim Ann, highlighted opportunities...

Fintechs help in wealth management, survey SBI in Mumbai. Bankers in India have recommend accelerated investments in infrastructure sector as well as interest subvention for investments in long gestation infrastructure projects. This would facilitate credit growth and investment pick-up in...

Premier development in the works near Mumbai CBD Omkar Group has entered into a Rs.3,000 crore joint development agreement with compatriot Primal Group to develop the iconic Dhobi Ghat project located at Mahalaxmi in Mumbai. Piramal Realty will be investing...

Ghazipur-Mau highway foundation stone laid Gadkari speaking at the inauguration of UP projects. The Minister for Road Transport & Highways, Shipping, Water Resources, River Development and Ganga Rejuvenation Nitin Gadkari laid the foundation stone for and inaugurated seven national highways...

IL&FS given four years to build tunnel Gadkari witnessing the MoU signing between National Highway and IL&FS officials. Ministry of Road Transport & Highways has signed a Memorandum of Understanding with IL&FS Transportation Networks Ltd for construction of Zojila tunnel....

LNG bunkering facility being planned Work has started with the foundation stone laying of the Rs.155 crore Intermodal Terminal at Ghazipur in Uttar Pradesh. Aided by the World Bank, the terminal is being constructed by the Inland Waterways Authority of...

Wi-fi at Nagercoil Junction Railway Work has started on the Rs.3,618 crore 'Doubling with Electrification' projects covering 349-km in Kanniyakumari-Nagercoil-Thiruvananthapuram section. The Central Government has sanctioned the entire Kanniyakumari – Thiruvananthapuram Rs.4,000 crore Rail development project. Laying foundation stone for...

Water and sewage treatment plants for 110 villages Japan has committed Yen 45 billion (Rs.2,87 crore approx.) for building water and sewage treatment plants under the Bengaluru Water Supply and Sewerage Project (Phase 3) (I). The Japan International Cooperation Agency...