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Construction & Infrastructure News

REC inks pact with KPCL, BESCOM

April 2017

Rural Electrification Corporation (REC) has inked a pact with Karnataka Power Corp (KPCL) and Bangalore Electricity Supply Company (BESCOM) to extend...

Rural Electrification Corporation, KPCL, BESCOM, Power

KONE wins order for Riyadh metro in Saudi Arabia

April 2017

KONE Corporation has bagged the order to supply 418 elevators and escalators for line 3 of Riyadh Metro in Saudi Arabia. The order will comprise 262 ...

KONE Corporation, Elevators, Escalators, KONE elevators, E-Link monitoring systems, Riyadh metro

TSIIC to develop industrial parks, upgrade old parks

April 2017

The Telangana State Industrial Infrastructure Corporation will develop new industrial parks and upgrade old industrial parks under the Central Govern...

Telangana State Industrial Infrastructure Corporation, Industrial parks, Industrial Area Local Authority, Central Government, Central Government, Micro, Small Enterprises, Cluster Development Programme

Government nod to revive 50 airports in three years

April 2017

To boost regional air connectivity, CCEA has approved the revival of 50 unserved or underserved airports at Rs 4,500 crore over a period of three yea...

CCEA, Underserved airports, Regional connectivity scheme

German firm to give wings to new airport

April 2017

German company Dorsch will develop an airport at Purandarin in two phases as per the contract - one related to the finalisation of the DPR and the se...

German company Dorsch, Purandarin, DPR, Airport project

Work on Srinagar airport expansion to begin

April 2017

Having been approved by the Airports Authority of India (AAI) and the Indian Air Force, work on the expansion of Srinagar International Airport (SIA)...

Airports Authority of India, SIA, Airport

GMR Hyderabad plans $300 mn offshore bond

April 2017

GMR Hyderabad International Airport (GHIAL) will raise Rs 1,660-2,000 crore by selling offshore bonds. The GMR Group is contemplating a variety of fu...

GHIAL, Selling offshore bonds, GMR Group, Rajiv Gandhi International Airport

Rajahmundry airport gets green nod to extend runway

April 2017

AAI has received environment clearance for extension of runway at Rajahmundry airport in Andhra Pradesh, which is estimated to cost Rs 181.45 crore. ...

AAI, Rajahmundry airport, Expert Appraisal Committee
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