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Construction & Infrastructure News

Bengaluru Metro invites bids for civil works on KR Puram-Silk Board line

March 2018

The Bangalore Metro Rail Corporation (BMRCL) has invited bids for civil works for the 17-km Outer Ring Road (ORR) line that passes through the city l...

Bangalore Metro Rail Corporation, KR Puram, ISRO Layout

Smart Cities: Financing Challenges

March 2018

In the next five years, special purpose vehicles (SPVs) will be spending around Rs.1,631 billion on projects conceived under area-based development a...

SPV, Smart Cities Mission, ULB, AMRUT, Housing for All, PPP, DPRs, PMC, Th Harikumar Singh, Imphal Municipal Corporation, SM@RT URBANATION 2018, Smart cities, Equirus Capital, Vijay Agrawal, IoT

One Platform For All Smart Cities Solutions

March 2018

With all the glitter and shine, India's newly-found tech hub, Telangana, hosted the country's smartest conclave ever - SMART URBANATION from March 22...

SMART URBANATION, R Roshan Baig, Government of Karnataka, Smart Cities Council India, Pratap Padode, B Janardhan Reddy, Greater Hyderabad Municipal Corporation, Crompton, MoU, Wild West Media, Hyderabad International Airport, Swachh Bharat recycling machine, PPP, Gensler, Chicago

India's Metro Trail

March 2018

The total length of operational metro projects in India presently stands at about 440 km and is growing. Cities like Bengaluru, Chennai, Gurugram, ...

Metro rail, NCR, Jagannarayan Padmanabhan, CRISIL Infrastructure Advisory, NDA, MRTS, CoMET, MoHUA, JICA, EIB, Werner Hoyer, PPP, K Ravichandran, ICRA, DMRC

By 2025, we will have 250 km of metro network in Karnataka

March 2018

The project is progressing well. Currently, we are operating North-South and East-West that span over 42.8 km with a ridership of more than four lakh...

Mahendra Jain, Government of Karnataka, Bangalore Metro Rail Corporation, Metropolitan Transport Corporation, Karnataka State Road Transport Corporation, BMTC, BMRC, Rahul kamat

We are implementing projects worth Rs.22 billion

March 2018

We have a number of projects in the pipeline. We are trying to start with smart buses, which will run inter and intra-city. ...

MahipTejasvi, Gwalior Smart City Development Corporation, Smart Cities Mission

IFC to invest Rs 324 crore in Altico Capital for affordable housing projects

February 2018

The International Finance Corporation (IFC) has plans of providing a debt financing of around Rs 324 crore to non-banking financial company Altico Ca...

International Finance Corporation, Altico Capital India, PMAY, Housing for All, L&T Finance Holdings, Ashiana Housing, Aspire Home Finance, Micro Housing Finance, Aptus Value Housing Finance

Lucknow to float municipal bonds of Rs 1 billion to fund infrastructure projects

February 2018

The government of Uttar Pradesh is reportedly encouraging its urban centres to fund their developmental and infrastructure projects. The Lucknow Muni...

Lucknow Municipal Corporation, Urban centres, Multi-storied housing project, NDMC, Fund infrastructure projects
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