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Construction & Infrastructure News

Counterparty delays forcing Renewable Energy projects to run out of steam, says Ind-Ra

September 2016

State power utilities’ (major power purchasers) insensitivity to projects’ debt service commitments and delays in making payments – problems specific...

State power utilities, India Ratings and Research, Central Government, Counterparties, Ujwal Discom Assurance Yojana scheme, Maharashtra State Electricity Distribution Company, Power generators, Renewable projects

Gujarat floats Rs 700 crore slum redevelopment fund

September 2016

The Gujarat Government has floated a Slum Redevelopment Premium Fund (SRPF) with an initial corpus of Rs 700 crore. This fund from the Central and st...

Gujarat Government, Slum Redevelopment Premium Fund, Funding affordable housing projects, Central Government, Ahmedabad Municipal Corporation, Vadodara, Ashwani Kumar, FSI, GSFS

ESIC, EPF benefits for construction workers, plans government

September 2016

Union Minister of Labour and Employment Bandaru Dattatreya has recently announced that the Central Government is planning to extend benefits under th...

Labour, Employment Bandaru Dattatreya, ESIC, Central Government, BOCW, Odisha Government, Supreme Court, EPF, ESIC

Better port connectivity – Road ministry, NHAI to take up 82 highway projects

September 2016

Aiming at improving port connectivity in the country, the road transport ministry and National Highways Authority of India (NHAI) will together take ...

Road Transport Ministry, NHAI, Bharatmala project, Char Dham places, Nitin Gadkari, Central Government, Kedarnath, Badrinath, Yamunotri, Gangotri

forty one-km ring road to come up in Khammam, Hyderabad

September 2016

A 41-km ring road would be constructed in Khammam, Hyderabad, to ease traffic congestion in the district headquarters town. The state government has ...

Khammam, Hyderabad, Vijayawada-Jagdalpur, Ring road, Central Government, Road Infrastructure Projects

Centre selects Vadodara-Mumbai-JNPT Corridor for upgradation

August 2016

The Central government has selected the Vadodara to Mumbai National Highway corridor to be upgraded to an Expressway. The government has already appr...

Central government, Mumbai National Highway corridor, Shirsad-Panvel, Shirsad, IEBR, NHAI, Ministry of Road Transport and Highways, Gross Budgetary Support, Central Sector Roads, JNPT

GWMC allocates Rs.100 cr for Smart City Mission

August 2016

The Greater Warangal Municipal Corporation (GWMC) has allocated Rs.100 cr as its share for the Central Government´s Smart City Mission (SCM). The amo...

Greater Warangal Municipal Corporation, Central Government Smart City Mission, Warangal

French loan of Rs.2,000 crore for Puducherry infra

August 2016

Puducherry Chief Minister V Narayanasamy has said that The Agence Francaise Developpement (AFD), a public financial institution in France would exten...

V Narayanasamy, Puducherry, Agence Francaise Developpement, Infrastructure, Central government
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