Projects

Railways requires innovation and state-of-the-Art technologies Dedicated Freight corridor, whose Rewari-Madar section on Western corridor, was dedicated to the Nation by Prime Minister Narendra Modi on 7 Jan 2021, is going be the game changer in economic development of the...

Japan thanked for technical-financial support The economic growth engines such as industry and entrepreneurs are benefiting from the rapid implementation of highway, railway, airway, waterway and multi-modal port connectivity, Prime Minister Narendra Modi said on 7 Jan 2021 after dedicating...

Road project to improve last-mile connectivity, says Zhu The New Development Bank (NDB) is providing US$646 million each for Andhra Pradesh Roads and Bridges Reconstruction Project and Andhra Pradesh Mandal Connectivity and Rural Connectivity Improvement Project, the Finance Ministry said...

Puri says the budget needs to focus on larger market Given that real estate contributes more than 8% to the Indian economy, it has justifiable expectations from the Union Budget 2021-22 as there are several opportunities to give the sector...

Project to improve river transport infrastructure The World Bank is lending US$105 million for the West Bengal Inland Water Transport, Logistics and Spatial Development Project which will facilitate passenger and freight movement across the Hooghly river, undertake spatial planning to...

PM says blue economy plan being implemented Work is on for getting ethanol from rice and sugarcane as part of the diversified energy sources, with a 20% goal set for ethanol blending in petrol in 10 years, Prime Minister Narendra...

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....

ADB loan to help reduce power wastage in Bengaluru The Bengaluru Smart Energy Efficient Power Distribution Project will progress on with the conversion of overhead distribution lines into underground cables and build an energy-efficient distribution network, reduce technical and commercial...

Four policies on PCPIR in the implementation stage The Department of Pharmaceuticals is considering 11 FDI proposals worth Rs.7,211 crore in brownfield pharmaceutical projects while 15 FDI proposals worth Rs.1,512 crore have been approved from 1 April 2020 to 22...

Himachal Pradesh gets $10m for subtropical horticulture project The Asian Development Bank (ADB) has signed two agreements for a US$231 million loan agreement for the construction of a 120 megawatts (MW) hydroelectric power plant in Assam that will enhance the...