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Construction & Infrastructure News

Govt allows MPs to spend fund on roads, pavements

October 2013

The Union government has decided to allow its MPs to spend their local area development (MPLAD) fund for works related to constructing roads, pavemen...

Union government, MPs, local area development fund, roads, pavements, cycle tracks, International Road Federation

Rs 3,000 cr road works cleared in Maha, Punjab

October 2013

The Union government on October 30 cleared Rs 3,000 crore worth highway widening works in Maharashtra and Punjab. The Cabinet Committee on Economic A...

Union government, highway widening works, Maharashtra, Punjab, Cabinet Committee on Economic Affairs, Aurangabad-Yedeshi highway, Maharashtra, Punjab, Sangrur-Haryana border road

Banks go slow in lending loans to highway projects

October 2013

Banks are slow and cautious while lending to road developers whereas the Union government is very keen on expediting road projects on a priority basi...

banks, slow, road developers, Union government

BAI's plea to Centre to regulate cement prices

October 2013

The Builders Association of India (BAI) has urged the Union government to form a government body to regulate the price of cement in the open market i...

Builders Association of India, Union government, government body, price of cement

L&T to list 6 road projects on S'pore stock exchange

October 2013

The Union government has permitted the construction major Larsen and Toubro to form a business trust in Singapore and list of its six toll road proje...

Union government, Larsen and Toubro, Singapore, toll road projects, Singapore stock exchange

Govt may strike a deal on Rs 72,000-cr rapid rail project

October 2013

India's Rs 72,000-crore rapid rail connectivity project is set to enter the next stage as the Union government and the State governments concerned li...

India, rapid rail connectivity project, Union government, State governments, Delhi, Panipat, Alwar, Meerut

Govt to clear Rs 9,000-cr highest tunnel project

October 2013

For the proposed Rs 9,000-crore costing 14 km-long twin tunnel project in Kashmir, the Union government is likely to give its approval on October 17....

twin tunnel project, Kashmir, Union government, approval, highest mountain passes

Govt firms' Rs 3 lakh cr surplus money to be used for infra

October 2013

The government-owned companies have a surplus cash of more than Rs 3 lakh crore. Now the Union government is planning to utilise this surplus amount...

government-owned companies, surplus cash, Union government, infrastructure projects
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