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Construction & Infrastructure News

Final instalment for buying land released, work on Bareilly Airport to begin soon

October 2016

Work on the much-awaited civilian airport project is expected to begin soon, as the final instalment of around Rs 8 crore has been released for the p...

Purchase, Airports Authority of India, Administration, Construction, Bareilly Airport

Trials begin for new traffic plan at Chennai airport

October 2016

Trials have started for a new traffic plan at the Chennai airport that will significantly improve vehicle movements when implemented, reports Busines...

Trials, Business Line, Chennai airport, Deepak Shastri, Infrastructure

Indian consortium to buy stake in Russian oilfield for $3.14 bn

September 2016

Indian Oil Corp, Oil India and a unit of Bharat Petroleum Corporation (BPCL) will buy a 29.9 per cent stake in the Taas-Yuryakh oilfield in East Sibe...

Indian Oil Corp, Oil India, Bharat Petroleum Corporation, East Siberia, Taas-Yuryakh oilfield, Vankor oilfield, CCEA, Taas-Yuryakh Neftegazodobycha LLC, LLC RN-Razvedka I Dobycha, Rosneft

Committee on greenfield airports clears four projects

September 2016

The Steering Committee on Greenfield airports headed by Secretary, Civil Aviation has considered four new airport projects. The Committee recommended...

Steering Committee, Greenfield airports, Civil Aviation, Andhra Pradesh, Steering Committee, PPP mode, Orvakallu, site clearance’

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

Navi Mumbai general body turns down Smart City proposal

September 2016

The general body members of the Navi Mumbai Municipal Corporation (NMMC) have rejected the Smart City proposal for the third time, reports the Times ...

Navi Mumbai Municipal Corporation, Times of India, Smart City, NMMC, SPV, NCP, Netra Shirke

The country’s big expansion plans for Rajahmundry airport

September 2016

The first phase of the mega Polavaram project on the Godavari will be completed by the Andhra Pradesh government with the assistance of the Union Gov...

Polavaram project, Godavari, Andhra Pradesh government, N Chandrababu Naidu, Nimmaluru, BEL, Union Government, Rajahmundry airport, Night Visions Products

Indian Oil, GAIL sign MoU for equity stake in Dhamra LNG terminal

September 2016

Indian Oil Corporation Limited and GAIL (India) Limited have signed an MoU with Dhamra LNG Terminal Private Limited (DLTPL) for taking equity in the ...

Indian Oil Corporation Limited, MoU, Dhamra LNG Terminal Private Limited, Natural Gas Dharmendra Pradhan, Dhamra Port, Adani Group, GAIL, DLTPL, Narendra Modi
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