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Construction & Infrastructure News

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

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

Energy-efficiency projects in India to get a boost with EESL raising domestic bond funds

September 2016

Energy Efficiency Services (EESL) has made its maiden issuance of bonds in the domestic market to fund energy-efficiency projects in India. Domestic ...

Energy Efficiency Services, Fund energy-efficiency projects, Investors, EESL, Green Masala Bonds, KFW, AFD, ADB, Saurabh Kumar, ESCO

Naidu inaugurates Stage 1A of Chennai Metro Phase-1

September 2016

Union Minister of Urban Development Venkaiah Naidu has inaugurated the Stage 1A of Chennai Metro Phase-1, from Little Mount to Airport in Chennai....

Urban Development, Venkaiah Naidu, Little Mount, Guindy, Alandur, Chennai Metro Rail Limited, Chennai Metro Rail Project, Government of India, Pollution

94 irrigation contracts cancelled in Maharashtra

September 2016

The Maharashtra Government has cancelled 94 contracts pertaining to 14 irrigation projects in the state. Out of the 94 contracts, 12 are in the Konka...

Maharashtra Government, Gosikhurd project, ACB, Water resources department, ndian Contracts Act, Wadnere Committee, Gosikhurd dam project

TN to float tenders for solar projects

September 2016

Tamil Nadu is back on a tender mode for solar power projects, reports the Economic Times. Though the price per unit of solar power has been falling a...

Solar power projects, Economic Time, TNERC, TANGEDCO, Solar renewable purchase

Patel Engineering bags Rs 2,500 crore arbitration award

September 2016

Construction company Patel Engineering has won arbitration awards of over Rs 2,500 crore and expects its debt to halve on Cabinet's decision to reviv...

Construction, Patel Engineering, Cabinet, Arabian Gulf, Infrastructure projects, Balance sheet

Madhya Pradesh gears up for Green Energy Corridor Project

September 2016

Madhya Pradesh has readied its blueprint for the Rs 4000 crore worth Green Energy Corridor project spearheaded by Power Grid Corporation (PGCIL), as ...

Madhya Pradesh, PGCIL, Green Energy Corridor project, Manu Shrivastava, Mini- Micro-hydel power projects
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