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Construction & Infrastructure News

Urban centres of the world are key to achieving sustainable development goals – TERI

October 2016

Rapid urbanisation in the country will be one of the most dominant trends in the coming years. It is expected that about 40 per cent of the populatio...

Rapid urbanisation, Sustainable Development, TERI, World Sustainable Development Summit, Dr Shipra Narang Suri, World Urban Campaign, Durga Shanker Mishra, Ministry of Urban Development, GDP, SDG

Rs 25,000-cr plan for Hyderbabad development

October 2016

A Rs 25000-crore plan was getting ready to take up road-laying works, underground drainage and other facilities, Municipal Administration & Urban Dev...

Municipal Administration, Urban Development, KT Rama Rao, GHMC, KCP Junction

NALCO may have to revisit Iran smelter unit plan

October 2016

India has asked state-controlled National Aluminium Co Ltd (Nalco) to re-think its overseas expansion plans including a proposal to set up a $2 billi...

National Aluminium Co Ltd, Balvinder Kumar, Reuters, Aluminium, Iran project, Iran mining development

NHAI awards Rs 2,845 crore UP four-laning contract to Dilip Buildcon

September 2016

The National Highways Authority of India (NHAI) has awarded the four-laning contract for the Lucknow–Sultanpur highway section in Uttar Pradesh to Di...

National Highways Authority of India, Four-laning, Dilip Buildcon, National Highways Development Project, Road developer, Construction

Two lines approved in Mumbai Metro corridor

September 2016

Maharashtra has approved two lines — D N Nagar-Bandra-Mankhurd and Wadala-Ghatkopar-Thane-Kasarvadavli in the Mumbai Metro corridor, worth Rs 25,535 ...

Maharashtra, Mumbai Metro corridor, Devendra Fadnavis, Urban Development Department, Cabinet

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

More infra funds on the anvil

September 2016

Buoyed by interest shown by global investors, the government plans three more sector-specific sub-funds, including for the development of airports an...

Global Investors, NIIF, Business Standard, Fund, Port Development Fund, Clean energy

ADB to fund for India's first coastal industrial corridor

September 2016

The Asian Development Bank (ADB) approved $631 million to develop the first 800-km section of a planned 2,500-km-long East Coast Economic Corridor. T...

Asian Development Bank, East Coast Economic Corridor, Visakhapatnam-Chennai Industrial Corridor section, Clusters, Infrastructure, Drinking water pipes, Power substations, Transmission
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