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Construction & Infrastructure News

At the high port

October 2015

With favourable government policies and the Make in India initiative, the ports sector, along with logistics, is likely to get a boost. However, the ...

Port, FDI, Construction, Maintenance Projects, PPP projects, MoEF Clearance, Special Purpose Vehicle, Rail Connectivity, EBITDA

Back on the rails?

October 2015

Indian Railways has been a victim of years of chronic underinvestment. Though ushering in the PPP mode and 100 per cent FDI for the sector are being ...

Indian Railways, PPP, Indian Railways, Railway Infrastructure, Special Purpose Vehicle, EXIM, Major Railway Projects, FDI, Powers

Centre plans port worth Rs,21,000 cr

October 2015

The Centre plans to build a major port at Colachel in Tamil Nadu at an estimated cost of Rs 21,000 crore...

Major Port, Colachel, Tamil Nadu, Special Purpose Vehicle, SPV

Ministry wants states to form SPV

August 2013

Union urban development ministry asked state governments to form a special purpose vehicle (SPV) for a city or cluster of cities to run buses which a...

special purpose vehicle, SPV, city, cluster, cities, buses, JNNURM, urban, infrastructure civic projects

DAMEPL asked to bear debt till pact is terminated

July 2013

Sudhir Krishna, Secretary of the union urban development ministry informed that the Delhi Airport Metro Express (DAMEPL) will have to bear the debt t...

Delhi Airport Metro Express, DAMEPL, debt, concession agreement, termination, finance, special purpose vehicle, transport, metro rail, project

Cabinet approves Rs 231 bn Mumbai metro line project

July 2013

The Rs 23,136 crore Mumbai Metro line-3, which would link Colaba, Bandra, Santacruz Electronics Export Processing Zone, received approval from the un...

Mumbai Metro line, project, infrastructure, transport, approval, cabinet, special purpose vehicle, SPV, joint venture

Punjab, Haryana govts support metro rail project

June 2013

The government of Punjab and Haryana gave wholehearted support to the proposed metro rail project connecting Chandigarh with the two states. This inf...

Chandigarh, Delhi Metro Rail Corporation, DMRC, special purpose vehicle, SPV, metro rail, project, urban infrastructure, civic amenities, transport

UT govt takes steps for Rs 109 bn metro rail project

June 2013

The UT administration of Chandigarh is taking steps to implement the 37.57-km metro rail corridor project covering Chandigarh, Panchkula and SAS Naga...

Chandigarh, Delhi Metro Rail Corporation, DMRC, special purpose vehicle, SPV, metro rail, project, urban infrastructure, civic amenities, transport
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