Projects

Minister gives update on projects The Ministry of Road Transport and Highways had taken up detailed review of National Highways (NHs) network with a view to develop the road connectivity to Border areas, development of Coastal roads including road connectivity...

Demand driven by Govt regulations Increasing demand for sophisticated municipal water and sewage treatment plants across the country, India wastewater treatment plants market is projected to reach US$4.3 billion by 2025, up from around US$2.4 billion in 2019. Also, demand...

Projects: 100 Airports in 5 years India is poised to become the epicentre of growth for aviation sector, said Usha Padhee, Joint Secretary, Ministry of Civil Aviation, Government of India on 13 Mar 2020. One hundred airports will be added...

World Bank support for GNHCP The Cabinet Committee on Economic Affairs (CCEA) has given its approval for the Rs.7,662.47 crore Rehabilitation and Upgradation of 2-Lane, 2-Lane with paved shoulders, 4-Lane configuration (2-lane/single/Intermediate lane) and strengthening of stretches of various National...

Update: DRP in progress on six bullet trains Site survey and feasibility studies have been completed on raising the speed to 160 kmph on existing New Delhi-Mumbai (including Vadodara-Ahmedabad), and New Delhi-Howrah (including Kanpur–Lucknow). Detailed estimate, based on actual requirement...

Projects driven by smart cities development The Indian composites market is expected to reach an estimated US$2 billion by 2021 with a CAGR forecast of 14.1% by value from 2016 to 2021, said a ResearchAndMarkets report on 11 Mar 2020....

Seven properties combine in REIT The Competition Commision of India (CCI) has approved proposed combination involving setting up of Mindspace REIT (REIT) by K. Raheja Corp Group. It also involves acquisition of certain equity shareholding held by selling shareholders in...

Proposed: mine plough manufacturing Pearson Engineering from the United Kingdom is bullish around its prospects in India having successfully completed delivery of 41 surface mine clearance systems (SMCS). The company is also confident of receiving a repeat order alongside its...

Under execution: Mumbai-Ahmedabad HSR The Railway Ministry is undertaking Detailed Project Report (DPR) for the six High Speed Rail (HSR) projects, parliament was told on 4 Mar 2020. The National High Speed Rail Corporation Ltd (NHSRCL) is undertaking the DPR...

FM: Bank merger on course The Union Cabinet has approved the mega consolidation of 10 Public Sector Banks into four from 1 April 2020, creating the strongest banking network out of the current financially-strapped system. The amalgamation covers Oriental Bank...