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Construction & Infrastructure News

We sanctioned loans worth Rs.30,000 crore last fiscal, of which Rs.9,500 crore was for housing

June 2017

With over 46 years of experience in providing loans for housing and urban infrastructure projects in India, Housing and Urban Development Corporation...

HUDCO, PMAY, MoU, M Ravi Kanth, Housing for All, NHB, EWS, affordable housing, Pune Municipal Corporation, SPV, Project Approval Committee

Cabinet approves Noida - Greater Noida Metro Rail Project

May 2017

The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the Noida - Greater Noida Metro Rail Project covering a length of 29.707 k...

Union Cabinet, Noida Metro Rail Project, Narendra Modi, GoUP, SPV, Government of India, NMRCL, Detailed Project Report

Smart Agra – Rs 107 crore approved as first installment

May 2017

The Ministry of Urban Development (MoUD) has approved the first instalment of Rs 107 crore for the development of Agra under the smart city project....

MoUD, SPV, Agra Smart City, Smart City mission

Digitisation plays a vital role in project monitoring

May 2017

To monitor the progress on the Delhi-Mumbai Industrial Corridor (DMIC), we have appointed a project management consultancy. In addition to this, we h...

Alkesh Kumar Sharma, RFID tagging system, Digitisation, DMIC, PMIS, IT-based monitoring system, NEC, SPV, ICD, LDB, TAMP, JNPT, Ministry of Railways, DGFT

We have sanctioned projects worth Rs.30,000 crore

May 2017

It's an IPO season. After IRBs' InvIT, state-owned Housing and Urban Development Corporation Ltd (HUDCO) will raise Rs 1,200 crore from the markets. ...

IRB, HUDCO, Dr M Ravi Kanth, INFRASTRUCTURE TODAY, BSE Sensex, DAY-NULM, JNNURM, PMAY-HFA, SPV, Pune Municipal Corporation, Smart City projects, RAHUL KAMAT

InvIT provides a window for unlocking invested capital

May 2017

With IRB raising Rs 5,035 crore by unlocking six projects, Virendra Mhaiskar, Chairman and Managing Director, says that the entity would repay the en...

IRB, Virendra Mhaiskar, SPV, OFS, EBIDTA, CAGR, InvIT, Construction

BHEL bags order from Railways for solar power plant

April 2017

Power equipment major BHEL has said that it has bagged an order from Indian Railways for installing 2 MW rooftop solar photovoltaic systems at Diesel...

Power equipment, BHEL, Rooftop solar photovoltaic systems, DMW, Rooftop SPV systems, IROAF

When will the good times roll in?

March 2017

India is on a path of deep-rooted reform. Many initiatives have been triggered that will see fruition this year: Implementation of RERA (with a deadl...

RERA, Real-Estate Regulator, Swachh Bharat, Bharatnet, Deen Dayal Jyoti Yojana, UDAY, Urban Development and Housing, SPV, 4th SM@RT CITIES SUMMIT, Infrastructure
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