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Construction & Infrastructure News

Over 200 affordable housing projects planned under Smart City in Karnataka

November 2018

CBRE South Asia has announced the findings of its report titled ‘Powerhouse Karnataka – The Harbinger of India’s Economic Revolution’. The report b...

Smart Cities, CBRE South Asia, DIPP, Ministry of Commerce and Industry, World Bank Group, BMEC, Smart City

Mapletree Investment to buy Chennai’s SP Infocity IT park at Rs 24.5 billion in largest real estate asset transaction in India

November 2018

Mapletree Investment, a Temasek-owned real estate asset manager, has come out as the highest bidder to buy Chennai’s SP Infocity IT park. An amount o...

Mapletree Investment, SP Infocity, Mapletree-Infocity, BNP Paribas, Amazon India, HSBC, World Bank

Bhubaneswar market to be upgraded under smart city project

November 2018

Plans are being chalked out to modify one of the biggest and most-visited markets in Bhubaneswar – the Unit-IV market – with state-of-the-art infrast...

BSCL, Smart city projects, DPR, Solid waste management system

2,418 affordable homes to be built

November 2018

Panvel City Municipal Corporation (PCMC) has planned to build around 2,418 homes at affordable rates in seven different locations, under the Pradhan ...

Panvel City Municipal Corporation, PMAY, MHADA, DPR

Kalpataru Power bags Rs.11.45 bn orders

November 2018

Kalpataru Power Transmission has bagged orders worth Rs 11.45 bn for setting up electricity transmission and railway infrastructure projects. ...

Kalpataru Power Transmission, Electricity transmission, Railway infrastructure, Rail Vikas Nigam

25 GW energy must be added annually till 2030

November 2018

There is a need for India to add 25 GW renewable power capacity annually till 2030, to meet its s....

Renewable power, Green energy target, Electricity, Paris climate

Sterlite Power commissions Rs.30-bn project in J&K

November 2018

For the evacuation of electricity in Jammu and Kashmir, Sterlite Power has commissioned a Rs 30-bn project two months ahead of its schedule...

Electricity, Sterlite Power, NRSS

Cross-border trading in electricity would naturally benefit India

October 2018

A veteran of India's energy sector, Prof Kirit Parikh chaired the committee that submitted the 2013 groundbreaking report on pricing methodology for ...

Kirit Parikh, LPG, PDS kerosene, Diesel, LED bulbs, IRADe, OALP, Hydel power, Electricity, Rooftop solar, GSEB, Vikram Sarabhai, Programme Analysis Group, PV panels, Coal-based plants
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