Projects

Finance Ministry clears Rs1.5 lakh crore investment Life Insurance Corporation of India has been cleared to invest Rs.1.5 lakh crore in the railways through bonds issued by the Indian Railway Finance Corporation (IRFC). On November 23, the finance ministry issued...

It notes infrastructure bottleneck The Asian Development Bank (ADB) will raise its funding to US$20 billion during 2018-22 to help accelerate inclusive economic transformation of India. The multilateral project lender has decided to provide loans up to US$4 billion on...

Experts note PPP model on building highways Indian authorities need to modify its Public Private Partnership (PPP) model, ensuring transparency in contractual terms and long-term dividends from contracts for investors to venture into other projects. Investors need clarity and consistency...

Southern port-ferry projects in New Delhi’s plans Gadkari addressing the World Shipping Forum 2017, in Chennai on 23 November, announces Rs.1 lakh crore projects. The Centre government in New Delhi has approved more than one Lakh crore rupees worth of...

Report lists strategies and solution to electric vehicles India can leapfrog the western mobility paradigm of private-vehicle ownership and create a shared, electric and connected mobility system, saving one giga-tonne of carbon-dioxide emissions by 2030, says an industry report. Under...

Nagpur EV project expanding, says Gadkari Gadkari addressing FICCI conference on smart mobility. India is looking to adopt the London transport model at number of its cities in a move to reduce the high level of pollution from traffic. The...

Solar park development progresses   India continues to make progress with its renewable energy with the latest US$100 million loan from the World Bank for the “Shared Infrastructure for Solar Parks Project”. A Guarantee Agreement for International Bank for Reconstruction...

Bid submission by 21 Dec 2017 Upgrade to two lane with paved shoulders Four lane configuration for the work from km. 109.790 to km. 163.050 of Nilajphata to Bhandara Phata section of NH 247 in the state of Maharashtra on...

Orthotropic Steel Deck over channels L&T Construction site (file picture). The Heavy Civil Infrastructure business vertical of L&T Construction bagged a major order worth Rs8,650 crore construction of a 21.8 km bridge connecting Mumbai mainland with Navi Mumbai. The project...

PM Modi and Ivanka Trump to lead delegates The 8th edition of the Global Entrepreneurship Summit (GES) has drawn 1,500 delegates from 150 countries and territories for the three-day gathering in Hyderabad later this month. Co-hosted by the United States...