Projects

Rs.100 crore sanctioned for solar projects Source: Azure Power.   The Ministry of New and Renewable Energy has approved/sanctioned 60 Cities including 13 Pilot and 5 Model Cities up to 12th Five-year Plan period. More than Rs.100 crore funds sanctioned...

UAE-India aims to work in third country markets Prabhu discusses business with UAE delegation. India is progressing on the United Arab Emirates (UAE) plan to invest US$75 billion over the next 10 years in its growing infrastructure projects. This was...

Sokolov hopes New Delhi will use Russian expertise Russia wants to take forward the development of the International North-South Trade Corridor comprising (INSTC), road, rail, shipping and air links from India, Iran and Caspian Sea states. Giving an update on...

Rs.6 lakh crore for infra projects Modi address Advantage Assam. India is to invest Rs.6 lakh crore on infrastructure and develop 600 major railway stations in the coming years, said Prime Minister Narendra Modi. "Our target is to re-develop 600...

Govt tightens layers of accountability Jaitley. Finance and Corporate Affairs Minister, Arun Jaitley, has stressed on the importance of procedural fairness in public procurement and award of contracts. This can be ensured through transparency and fairness that enable a State...

Haryana and Chandigarh accelerates DPRs Detailed project reports (DPRs) are being prepared for 11 projects in Amritsar, 19 in Jalandhar and 19 in Ludhiana as part of the 'Smart Cities Mission (SCM)' development. These projects are estimated to cost Rs.3,385...

Minister set 2018 target to build 10,000-km The National Highways Authority of India has invited bids for 1,000km projects within the next 15 days. In total, NHAI plans to award 3,300 km of road projects this month (February) and 5,000...

Govt to provide US$380M JMVP The World Bank has signed a US$375 million loan agreement with Department of Economic Affairs (DEA) for the capacity augmentation of National Waterway-1 from Varanasi to Haldia on Ganga River. Implementor Inland Waterways Authority of...

Self-financing PPP model to implement projects     Bengaluru and Mumbai will get high-speed suburban rail networks, Finance Minister Arun Jaitley announced in his Union Budget FY19. "A suburban network of approximately 160 kilometres at an estimated cost of Rs...

Benefits for rural, social and infra sectors It is not surprising that the Union Budget FY19 has turned out to be populous, said Dr. Arun Singh, Lead Economist, Dun & Bradstreet - India. "The Union Budget FY19 has given more...