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Construction & Infrastructure News

Nagpur Smart City to Run Metro Rail Services on Broad Gauge

April 2018

Even as free joyrides are being extended to Nagpurites on the 5-kilometre stretch from the Airport South to Khapri on the Nagpur metro rail before it...

Nagpur Smart City, Airport South, Broad-gauge railway tracks, AmCham, Nitin Gadkari, MAHA-METRO, MOU, Mumbai ropeway projects, Elephanta Caves, UNESCO World Heritage, JVC, IPRCL, PPP, Electricity, Urban clusters

Pick-up in manufacturing activity post GST provides impetus to logistics sector, medium term growth likely to be 9-10 per cent

April 2018

The pick-up in the economy and industrial output through the second half of the current fiscal post the implementation of the landmark tax reform – G...

GST, Shamsher Dewan, ICRA, GDP growth, IIFCL, Logistics infrastructure

PTC India secures trading of entire 1,000 MW capacity

April 2018

PTC India, announced that it has completed the sale of remaining 200 MW under the long term PPA of hydro power under Karcham Wangtoo Hydro project to...

PTC India, Karcham Wangtoo Hydro project, Hydro power, JSW Group

Highway project awards surges 70 per cent to all-time high

April 2018

Awarding of highway construction projects rocketed 70 per cent to an all-time annual high in fiscal 2018, spanning ~7,400 km and valued at Rs 1.2 lak...

NHAI, CRISIL Research, EPC, HAM, RFP, TOT

Rs 19,435 crore toll projects maybe at risk

April 2018

The Bharatmala network designed on the shortest possible route connecting the origin and destination, though a well thought through and definitely a ...

Bharatmala network, ICRA, Bharatmala Pariyojana, Shubham Jain

Four million houses sanctioned till now under CLSS PMAY (Urban)

April 2018

The Minister of State (Independent Charge) for Housing and Urban Affairs Hardeep Singh Puri, has reportedly said that out of the required 12 million ...

Hardeep Singh Puri, Housing, Urban Affairs, Housing for All by 2022, RERA, FICCI-CBRE, Affordable Housing, Awas Yojana, Federation of Indian Chambers of Commerce and Industry

Ambitious Target

March 2018

The initiatives that will have a direct bearing on the pace of execution include awarding projects after securing 80 per cent right of way, expeditin...

Bearing, ROB, RUB, MoRTH, EPC mode, CRF, GBS, Shubham Jain, ICRA Ltd, Bharatmala Pariyojana, RFCTLARR, NHDP, NHAI, IECV, EPC

Strengthening Infrastructure

March 2018

Two-thirds of the infrastructure investment, as per the revised plan, was to be funded by the public sector (central and state governments) while the...

Infrastructure, Investment, ECB, NBFC, IFC, IDF, World Bank, International Finance Corporation, Asian Development Bank, Japan International Cooperation Agency, NPA, InvITs, RBI, SEBI, IndiGrid InvIT Fund
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