Projects

The Cabinet has approved implementation of Bhopal Metro Rail Project comprising two corridors – 14.99-km Karond Circle to AIIMS and 12.88-km Bhadbhada Square to RatnagiriTiraha.

The cabinet has approved redevelopment of railway stations, paving the way for large scale modernisation for a world class infrastructure.

Azure Power has closed a financing deal of Rs.6 billion (about US$88 million) for its 200 MW solar power plant in Bhadla, Rajasthan ahead of schedule.

The Prime Minister Narendra Modi said the effect of increased use of renewable energy is now visible in India which is working towards goals of the Paris Agreement through an action plan.

Singapore’s Keppel Land is leading at joint venture to develop a Grade A office tower with a gross floor area of 1.02 million square feet (sf), along with another retail-cum-office facility as part of a mixed-use development in Bangalore.

The government has taken charge of the financially-crippled Infrastructure Leasing & Financial Services (IL&FS), which plays a major role in infrastructure development and financing in the country with 169 group companies.

The Asian Development Bank (ADB) and the Indian Government have signed a US$150 Million Loan to finance continued improvements to road connectivity and efficiency of the International Trade Corridor in West Bengal and North-Eastern Region of lndia.

By adopting innovative technologies like automation in construction, innovative designs, sustainability, use of prefabricated material and online marketing, developers can value-engineer their product, write Anuj Puri, Chairman - ANAROCK Property Consultants

Petroleum and Natural Gas Minister Dharmendra Pradhan has invited Expression of Interest (EoI) from potential entrepreneurs to set up Compressed Bio-Gas (CBG) production plants and make available CBG in the market for use in automotive fuels.

Gujarat is poised to build a fourth Liquefied Natural Gas (LNG) import terminal, said the Prime Minister Narendra Modi as he inaugurated a third facility in the state on 30 Sept 2018.