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Construction & Infrastructure News

Fast-Tracking Metro

November 2017

Perceived to be a constructive and good step forward, the Union Cabinet recently approved the Metro Rail Policy 2017 to enable realisation of growing...

Union Cabinet, Metro-Rail projects, PPP, Dr E Sreedharan, DMRC, Central Government, Abhishek Gupta, BARSYL, Sunil Srivastava, EPC projects, Afcons, NCC, IL&FS Group, ITNL, IECCL

Six more IIT campuses approved at Rs 7,000 crore

October 2017

The Union Cabinet has sanctioned a fund grant of Rs 7,002.42-crore to set up six more permanent Indian Institute of Technology (IIT) campuses across ...

Union Cabinet, Indian Institute of Technology, Narendra Modi, IIT campuses

Mumbai Metro Line 5 and 6 get Cabinet clearance

October 2017

The Maharashtra cabinet has approved the Mumbai Metro 5 corridor connecting Thane-Bhiwandi-Kalyan after a long wait. Expanding metro coverage in the ...

Maharashtra cabinet, Industrial, Commercial, Eastern Express Highway, Cabinet clearance

Government gives nod to Rs 142 crore Andhra Pradesh highway project

September 2017

The Cabinet Committee on Economic Affairs has approved a highway project under HAM in Andhra Pradesh. This project includes six-laning of the high-de...

Cabinet Committee, Economic Affairs, Construction, Pydibhimavaram, Bhogapuram Airport, APIIC SEZ, Vizag Steel Plant, INS Varsha, Divi’s Laboraties, Vizag and Ganagavaram port

What will the new Metro Rail Policy bring in? Find out!

August 2017

The Union Cabinet has sanctioned the new Metro Rail Policy that focuses on urban development and cost reduction. The new policy requires thorough ass...

Union Cabinet, Metro Rail Policy, PPP component, Value Capture Financing tools

25,000-km Bharatmala project expedited

August 2017

Recent reports state that the Rs 10 lakh crore Bharatmala project spanning 25,000 km has been fast-tracked by the PMO. It is known that the highway p...

Bharatmala project spanning, UPA government, Union Cabinet, Public Investment Board

Foreign pension funds looking to invest in Indian highways

August 2017

The government is looking to raise support for investment in the highways sector; and reportedly according to experts, foreign pension funds would be...

Investment, Highways sector, NHAI, Economic Affairs, TOT model, Framework, Cabinet Committee, Cube Highways, RoI

Infrastructure status for hotel projects over Rs 50 crore

July 2017

The Union Ministry of Tourism has reportedly proposed to accord infrastructure status to hotel projects costing in excess of Rs 50 crore. According t...

Union Ministry of Tourism, Cabinet pass
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