Projects

VP Naidu lays foundation stone VP Naidu addressing a gathering at foundation stone laying for developing IECC and ITCD at  Pragati Maidan. A 27-meter wide six lane tunnel underneath Pragati Maidan will ease traffic where Delhi will witness the development...

Civil work awarded for 60-MW on river tributary Investment has been approved for the 60-MW Naitwar Mori Hydroelectric Plant (HEP) on River Tons, a major tributary of River Yamuna on the Ganga basin in North India, Ministry of Power said....

Deal seen as India’s major asset M&A Singapore’s Cube Highways & Infrastructure Pte. Ltd. has entered into an agreement to acquire 100 percent of Salem Tollways Limited (STL) and Kumarapalayam Tollways Limited (KTL), making it a major merger and acquisition...

The cell to seek public and private investors The National Highways Authority of India (NHAI) has created a National Highways Investment Promotion Cell (NHIPC) for attracting domestic and foreign investment for highways projects. The cell will focus on engaging with...

Signalling system will help ease traffic congestion A Japanese Grant Aid was signed for JPY1.276 billion (approx. Rs.72.86 crore) for the Implementation of Advanced Traffic Information and Management System in Core Bengaluru project. The project will install an Advanced Traffic...

Funding for market-driven vocational training India has signed a financing agreement with the World Bank for IDA Credit of USD 125 million (equivalent) for the “Skills Strengthening for Industrial Value Enhancement Operation (STRIVE) Project”. The Financing Agreement was signed by...

36 declared technical feasible A total of 111 waterways have been declared as National Waterways (NWs) with 111 NWs, NWs-1, 2 and 3 having cargo and passenger vessels are moving on them. Development works under Phase-I have commenced on NW-4...

Cost sharing worked out India and Bangladesh have decided to undertake dredging in two stretches of Indo-Bangladesh Protocol route i.e. Zakiganj-Ashuganj of Kushiyara river and Sirajganj-Daikhowa of Jamuna river in Bangladesh so as to develop the protocol route for round...

Master plan for 12 ports prepared The government has identified 142 port capacity expansion projects in the master plan for implementation over the next 20 years. Estimated cost of these projects is Rs.91,371 crore for capacity creation of 884 million...

Govt urged to provide incentives for insurance IRDAI's Vijayan calls for simplified products. In order to ensure Macro, Small and Medium Enterprises (MSMEs) continued success, the key imperatives are to ensure ease of doing business, infrastructure upgradation, skilling and ensuring...