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Construction & Infrastructure News

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

Authority to set up SPV for metro rail project

May 2013

In order to set up a 29.707 kilometre metro rail line between Noida and Greater Noida, the Noida and the Greater Noida authorities are in the process...

special purpose vehicle, SPV, Noida Metro Rail Corporation, NMRC, Noida, Greater Noida

Centre asks UT to set up SPV for metro rail project

May 2013

At a review meeting, the union government asked the union territory of Chandigarh to form a special purpose vehicle (SPV) on the lines of Delhi Metro...

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

RVNL funds doubling of railway line

May 2013

Rail Vikas Nigam (RVNL) is funding the doubling of the railway line between Kallakkudi Palanganatham and Valadi (between Trichy and Ariyalur section)...

ConstructionUpdate.com, Portal, India, 2013, Rail Vikas Nigam, railway line, Tamil Nadu, electrification, Special Purpose Vehicle, Port Connectivity, Kolkata Metro Railway
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