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Construction & Infrastructure News

Bangladesh signs $4.5 billion loan deal with India for infra development

November 2017

Bangladesh has recently signed its third line of credit agreement with India worth $4.5 billion for development of its social and infrastructure sect...

Social, Infrastructure sectors, Kazi Shofiqul Azam, David Rasquinha, Export Import Bank of India, AMA Muhith, Arun Jaitley

Cabinet clears Rs 7 trillion worth of roads

October 2017

The government has announced an ambitious road outlay of Rs 6.92 trillion for the development of a network covering 86,377 km by 2022. Finance Minist...

Arun Jaitley, Private sector investment, NHAI, Ministry of Roads and Highways, Bharatmala projects, CRF

Real estate may be included under GST

October 2017

Finance Minister Arun Jaitley has reportedly discussed about getting the real estate sector under the ambit of GST in a lecture he delivered at the H...

Arun Jaitley, GST, Petroleum products, Real estate

Government to sell properties leased to Air India

October 2017

The government has reportedly decided to sell a number of Air India’s real estate in order to speed up its divestment. This announcement came soon af...

Air India, Real estate, Connaught Place, Urban Devclopment Ministry, NBCC, Arun Jaitley

NIIF to bag deal with Abu Dhabi Investment Authority for investment of $5-10 billion

September 2017

The National Investment and Infrastructure Fund (NIIF) will soon be closing its very first major deal with Abu Dhabi Investment Authority who will be...

National Investment and Infrastructure Fund, NIIF, MoU, UAE, Canada Ontario Teachers Pension Plan, PSP Investments, Arun Jaitley, Investment, Urban infrastructure, Power, Roads

Rs 1,223 cr roads and utilities contract for DMIC’s Bidkin awarded

June 2017

Mumbai, June 29: Construction work in the Shendra-Bidkin node of the Delhi-Mumbai Industrial Corridor (DMIC) project is moving at a quick pace in Mah...

Shendra-Bidkin, Construction work, DMIC, MoEF, Govt. of India, AITL, NICDIT, Ministry of Environment, Forests, Climate, Government of Maharashtra

BEML’s windmill park dedicated to nation

June 2017

BEML Ltd has set for itself an unique goal of utilising 100 per cent renewable energy for its consumption. In this endeavour, the company’s 9 MW wind...

BEML Ltd, Defence, Arun Jaitley, Government of India, Deepak Kumar Hota, DPSUs, OFB, Kolar Gold Fields, Electricity

DMIC Infra contracts to be awarded soon

May 2017

Infrastructure development contracts worth Rs 1,400 crore are up for grabs at the upcoming Delhi-Mumbai Industrial Corridor (DMIC) industrial townshi...

Infrastructure development, DMIC, AITL, Gajanan Patil, Build infrastructure, DMIC
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