Projects

NAM earmarks Rs.440 crore for medical facilities. The government has approved 39 hospitals, each of 50-bed, from 45 proposals received during 2016-17, said Minister of State for AYUSH (Independent Charge), Shripad Yesso Naik in reply to a question in Lok...

Tourism and Railways Ministries to bear upgrade costs. Passenger amenities are to be upgraded at 24 railway stations by Ministries of Tourism and Railways (MOR), said State for Railways Rajen Gohain in a written reply to a question in Lok...

SPV formed for managing station and hotel. Gandhinagar station. The Indian Railway Stations Development Corporation Ltd (IRSDC) and the state Government of Gujarat (GoG) has formed a special purpose vehicle for the re-development of Gandhinagar station. The IRSDC has taken...

Highlights of financing issues. Thirty-one national highways projects have reached financial closure over the last three years amidst challenging financing environment, said Minister of State for Road Transportation and Highways Pon. Radhakrishnan in a written reply to a question in...

Roof-top solar to get another US$625m. The World Bank is providing US$100 million for development of internal infrastructure of solar parks planned by Indian Renewable Energy Development Agency Ltd (IREDA) of Ministry of New & Renewable Energy. The loan for...

DMIC receives Rs.499.86 crore funding. DMIC: work in progress. Commerce and Industry Minister Nirmala Sitharaman has given an update on the industrial corridors being built in the country, with funding status to date. The Delhi Mumbai Industrial Corridor (DMIC) is...

Call for Govt, PPP, investors and banks join forces. Public private partnership (PPP) is the need of the hour given the budgetary constraints of the government, said Nitin Gadkari, Minister for Road Transport, Highways and Shipping. It was imperative that...

UP urged to promote ethanol-fuel. ASSOCHAM calls for biofuel for UP's public transportation sector. Apex industry body ASSOCHAM has urged the Uttar Pradesh chief minister, Yogi Adityanath to allow all state-run buses to move on from oil-based fuel (petrol, diesel)...

Focus on R&D and Technologies. Tata manufactured Shaurya. India must be self-reliant in defence production and it is critical that private industry undertake defence technologies and manufacturing by understanding Indian Army’s requirements, said Lt-Gen. Sarath Chand, Vice Chief of Army...

Feasibility done on 87 ROBs. India is to seek private sector investment and external borrowing by National Highway Authority of India (NHAI) to fund about Rs.6.92 lakh crore for the development of National Highways during the next five years. The...