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Construction & Infrastructure News

Govt to set up separate department for transport: Nitin Gadkari

February 2016

Union Minister of Road, Transport and Highways said that the government will set up a separate Transport Department comprising experts from automobil...

Road, Transport, Highways, Automobile sector, Fuel, Narendra Modi, Expenditure Finance Committee, Cabinet Secretariat

NHAI to spend Rs 11,885 cr on its road projects

September 2013

For its many projects, the National Highways Authority of India (NHAI) has set a an expenditure target of Rs 11,885 crore for this 2013-14 fiscal. Th...

projects, National Highways Authority of India, expenditure target, National Highways Development Project

Bangalore Metro phase II gets clearance for Rs 26,405 cr

September 2013

The Bangalore Metro project's second phase has been given a clearance for Rs 26,405.14 crore by the Expenditure Finance Committee (EFC) of the Unio...

Bangalore Metro project, second phase, clearance, Expenditure Finance Committee, Bangalore Metro Rail Corporation, Karnataka government

Pace of expansion may decline in cement sector

July 2013

Care Research expects cement companies to slowdown the pace of capacity expansion on the back of surplus capacity prevailing in the industry. A repor...

Care Research, surplus, capacity, production, output, investment, expenditure, demand, cement, building, material

Rail projects in Karnataka get additional Rs 6 bn funds

July 2013

In 2013-14, the central government would spend an additional Rs 300 crore on railway projects in Karnataka, while the state government would contribu...

railway, projects, cost, Bihar, expenditure, delay, implementation, Karnataka, finance

Tata Group firms mull Rs 700 bn worth projects in 5 yrs

June 2013

In the next five years, Tata Housing, Tata Realty and Tata Projects would implement projects worth at least Rs 70,000 crore, media reports indicate. ...

Tata Housing, Tata Realty, Tata Projects, projects, infrastructure, investment, capital, expenditure

Plea for attracting pvt investment in infra sector

June 2013

Planning Commission deputy Chairman Montek Singh Ahluwalia asked Goa Chief Minister Manohar Parrikar to promote private participation in the developm...

Planning Commission, annual outlay, states, fiscal, resources, fund, finance, project, government allocation, expenditure, infrastructure, Goa, solid waste, urban infrastructure, mining

Delay raises cost of rail projects by 148%

June 2013

Owing to cost overrun, the cost of railway projects across the country has risen from Rs 36,930 crore to Rs 91,902 crore. This is around 148 percent ...

railway, projects, cost, Bihar, expenditure, delay, implementation
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