Infrastructure

A steady decline in non-performing loans noted Given the Covid-induced disruption, the trajectory of total infrastructure credit in India (banks and infrastructure finance non-bank companies) slowed to 1% sequential growth in H1 FY2021, according to a report by ICRA Ltd....

Tender floated for the 6.75-km Majuli bridge Detailed Project Reports (DPRs) are being done on Rs.26,000 crore of projects while contracts for Rs14,000 crore will be awarded in Assam in 2021, said Minister for Road Transport and Highways, Nitin Gadkari....

DPRs of 14 completed, says Gadkari Detailed Project Reports (DPRs) are is being prepared for 2,811-km road projects worth Rs.50,000 crore, said Minister for Road Transport, Highways Nitin Gadkari who inaugurated and laid the foundation stone for 18 highway projects...

Infrastructure for seamless connectivity The World Bank has signed a US$500 million road project agreement to help integrate safe and green technology designs such as local and marginal materials, industrial by-products and other bioengineering solutions. The Green National Highways Corridors...

Post COVID-19 economic shocks to manifest differently in heterogeneity India The World Bank has signed a US$400 million project to support India’s efforts at providing social assistance to the poor and vulnerable households, severely impacted by the COVID-19 pandemic. This...

NDB’s timely assistance for combatting the economic disruptions New Development Bank’s (NDB) US$1 billion loan, signed on 16 Dec 2020, will support expenditures on rural infrastructure related to natural resource management (NRM) and rural employment generation under the Indian Government’s...

Gadkari’s update on projects Detailed Project Report for the 17-km four-lane elevated road from Bharauli (Buxar) to Haidaria for providing connectivity to the Poorvanchal Expressway will be ready by June 2021, Minister for Road Transport and Highways Nitin Gadkari said...

Austrian technologies to be used in MoRTH projects Austria and India have signed a pact to create an effective framework for bilateral cooperation in the field of Road Transportation, Road and Highways infrastructure development, management and administration, Road safety and...

Deadline: five years for Agra Metro completion Efforts are on to attract multi-billion-dollar investments from all over the world to improve India’s infrastructure, said Prime Minister Narendra Modi at the inauguration of construction work on 29.4-km Agra Metro. Speaking on...

Ministry list advantage of floating structures Ministry of Ports, Shipping and Waterways has compiled the draft guidelines for technical specifications of floating structures, with a vision to set up and deploy world-class floating infrastructure all along the coastline and issued...