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Construction & Infrastructure News

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

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

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

NHAI alleged to have lost Rs 874 cr on PRC projects

May 2013

Comptroller and Auditor General of India (CAG) alleged that the National Highways Authority of India (NHAI) incurred a loss of around Rs 873.85 crore...

Special Purpose Vehicle, SPV, Comptroller and Auditor General of India, CAG, National Highways Authority of India, NHAI, road, project, investment

NHAI alleged to have lost Rs 874 cr on PRC projects

May 2013

Comptroller and Auditor General of India (CAG) alleged that the National Highways Authority of India (NHAI) incurred a loss of around Rs 873.85 crore...

Special Purpose Vehicle, SPV, Comptroller and Auditor General of India, CAG, National Highways Authority of India, NHAI, road, project, investment

AFD to decide on lending to Kochi metro project by Dec 2013

April 2013

By the end of 2013, the board of Agence Française de Développement (AFD, or French Development Agency) may decide on providing loan to the Kochi Metr...

Kochi Metro Rail, KMRL, metro rail, corporation, committee, development, transport, civic amenities, waterways, special purpose vehicle, SPV, Agence Française de Développement, AFD

Andhra govt, railways to implement Rs 650 cr project

April 2013

Andhra government and Rail Vikas Nigam are in the process of jointly implementing a Rs 650-crore phase II multi-modal transport system project in Hyd...

Andhra Pradesh, government, Rail Vikas Nigam, transport, project, Hyderabad, special purpose vehicle, SPV

AKVN, DMIC to set up SPV for water project

April 2013

Audyogik Kendra Vikas Nigam (AKVN), Indore will form a special purpose vehicle with Delhi Mumbai Industrial Corridor (DMIC) and TRIFAC to set up a Rs...

Audyogik Kendra Vikas Nigam, AKVN, Indore, special purpose vehicle, SPV, Delhi Mumbai Industrial Corridor, DMIC
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