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Construction & Infrastructure News

State Government of Maharashtra considering indemnifying bankers in infrastructure project funding

November 2017

With huge infrastructure projects underway in Maharashtra, the state government is looking at restructuring its funding model so that bankers who are...

FIBAC 2017, PWD, Govt of Maharashtra, Ashish Garg, NBFC, Infrastructure, ECGC, ICGC, Component

GVK Mumbai International Airport bags Navi Mumbai Airport Project from CIDCO

November 2017

The GVK-led Mumbai International Airport (MIAL) was handed over the Letter of Award (LOA) from CIDCO, the nodal agency of the Government of Maharasht...

MIAL, GVK, Government of Maharashtra, Navi Mumbai International Airport, CIDCO, Dr GVK Reddy, PPP, Greenfield airport

Construction of Maharashtra-Samruddh corridor to commence in January 2018

November 2017

Construction of the Mumbai-Nagpur super highway has been reportedly pushed back to January 2018. The Rs 46,000-crore Maharashtra-Samruddhi Mahamarg i...

Construction, Mumbai-Nagpur super highway, Devendra Fadnavis, Construction, Maharashtra Government

Contractors are now considered as partners in development, as a team

November 2017

PRAVIN DARADE, Additional Metropolitan Commissioner, Mumbai Metropolitan Region Development Authority (MMRDA), and Secretary to Chief Minister, Gover...

PRAVIN DARADE, MMRD, Government of Maharashtra, Infrastructure, Transportation, Mumbai Trans-Harbour Link, JICA, Connecting, Constructing bridges

IRB Infra’s SPV achieves financial closure for six-laning of Chittorgarh-Gulabpura Bypass on NH-79

November 2017

CG Tollway, a Special Purpose Vehicle (SPV) of IRB Infrastructure Developers has successfully achieved financial closure for its BOT project of six-l...

CG Tollway, SPV, IRB Infrastructure Developers, Virendra D. Mhaiskar, NHAI, Bank of India, Bank of Maharashtra, Canara Bank, Indian Overseas Bank, Andhra Bank, Aditya Birla Finance

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

Additional 232 cities in Maharashtra to come under PMAY

October 2017

In addition to the already existing 142 cities covered under the Pradhan Mantri Awas Yojana (PMAY), Maharashtra is set to have another 232 cities to ...

PMAY, Housing ministry, Devendra Fadnavis, Maharashtra Government, Housing For All

Maha Government formulates building redevelopment panel

October 2017

After the unfortunate collapse of Hussaini Building in Mumbai’s Bhendi Bazaar, which led to 22 people losing their lives, the Maharashtra Government ...

Maharashtra Government, Hussaini Building, Mumbai Bhendi Bazaar, Redevelopment panel
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