Projects

Shipyard works on new repair facility-dry dock. The Cochin Shipyard Limited (CSL) has proposed initial public offer (IPO) for two major infrastructure expansion projects, investing Rs.970 crore and Rs.1,799 crore. It has embarked on an International Ship Repair Facility at...

Builders told to improve operational efficiency. A Lodha Group property. India’s real estate industry was at an inflection point, and would leapfrog to US$350 billion in 10 years from $120 billion at present, said Abhishek Lodha, Managing Director of Lodha...

Work on major projects by October 2017.   Tendering is in progress for projects under the Rs.1,800 crore Smart City Plan of the New Delhi Municipal Council (NMDC) which has been told to complete the development well before 2020 deadline....

Two mtpa plant to be completed in 15 months. Rashtriya Ispat Nigam Limited, an entity of Visakhapatnam Steel Plant, and Cement Corporation of India (CCI), are to build a two million ton/year (mtpa) plant. RINL is offering around 35 acres...

Gadkari applauds Indian engineers’ role globally. Gadkari.   The Minister for Road Transport and Highways and Shipping Nitin Gadkari has said that Information Technology holds the key to providing transparent and effective governance in the country. Gadkari was speaking at...

16,500-km doubling/tripling of lines sanctioned. Suresh Prabhu addressing the Round Table.   The government is creating about 100 private freight terminals through private investments along railway stations. “We are already creating about 100 private freight terminals with private participation so...

Manipur to see ADB-supported highway widening. The Cabinet Committee on Economic Affairs has approved upgrade and widening of 65 kms of Imphal-Moreh Section of NH-39 in the North Eastern state of Manipur as part of Asian Highway. The project, costing...

Four-laning of 110-km to cost Rs.1,889 crore. The Cabinet Committee on Economic Affairs has approved four-laning of Solapur-Bijapur Section of New National Highway (NH)-52 (formerly NH-13) in Maharashtra and Karnataka. The 110 km of four-laning of former NH-13 would cost...

DBS facilitates fund-raising from Singapore. Niraj Mittal. Interview: Niraj Mittal, head of DBS International Banking Group in India. Mittal says DBS understands the nuances of Indian market and facilitates fund-raising from Singapore. It is also in conversation with Indian groups...

Minister Goyal suggest PPP model. Minister Goyal. India needs Private sector participation is needed to step up mineral exploration, says Piyush Goyal, Minister of State (Independent Charge) of Power, Coal, New & Renewable Energy and Mines. The sector is currently...