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Construction & Infrastructure News

ADB to provide Rs..55.98 bn loan to state

August 2018

Punjab has agreed in-principle to provide Rs 55.98 bn loan on a nominal interest rate for its urban development project by the Asian Development Bank...

Asian Development Bank, Transport system, Infrastructure, Sewerage, Sanitation systems

State bags $151 mn from World Bank for river transport

August 2018

Under the World Bank's assistance, the West Bengal Government has bagged $151 mn to optimise river transport and tourism potential, mainly emphasisin...

World Bank, West Bengal Government, River transport

Essar to invest $70 mn in Hazira facility

August 2018

Essar Ports has targetted an investment of $70 mn for expansion at its Hazira facility by September 2020. ...

Essar Ports, Investment, Erecting ship unloaders, Conveyor belt

Rs.35.44 bn for Smart Port City

August 2018

The Smart Industrial Port City developed within the premises of the Paradip Port Trust (PPT) will house a string of projects. PPT has initiated work ...

Smart Industrial Port City, PPT, Container Corporation of India, Thriveni Earthmovers

Projects worth over Rs.10 bn launched in Vizag

August 2018

At Visakhapatnam, the project launch included an upgradation of existing iron ore handling facility at Vizag Port at Rs 5.80 bn involving modernising...

Vizag Port, Handle larger vessels, VPT, Port Connectivity Road

Indian Port Rail Corp keen on O&M

August 2018

Indian Port Rail Corporation (IPRCL) has signalled its readiness to take over the operation and maintenance of rail infrastructure including locomoti...

Indian Port Rail Corporation, Port trusts

Canal Construction-Ready

August 2018

KYB-Conmat has stood as the pioneer for Twin Shaft Mixer technology in India. Dams and canals play a vital role in irrigation and drinking, and hen...

KYB-Conmat, Twin Shaft Mixer technology, Irrigation, Construction, KYB-Conmat pavers, Concrete paver machines, Swami Samarth Bor River Project, Gosikhurd Dam Project, TSM, Transportation

Are the recent amendments to the Insolvency and Bankruptcy Code (IBC) a solution to stressed assets? Find out!

August 2018

Almost a third of the banking sector's non-performing assets (NPAs) of ~Rs 10.3 trillion (as of March 2018) have been referred to the National Compan...

NPA, NCLT, IBC process, CRISIL report, Krishnan Sitaraman, Vydianathan Ramaswamy, Manoj K Singh, Singh & Associates, Committee of Creditors, Shubham Jain, ICRA
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