Latest-Construction-News

Volvo to release EVs in India and not sell diesel-based cars

Swedish luxury carmaker plans to bring a new car every year.

Govt to invest Rs 50 Bn on urban development in next 5 years

The amount will be under Swachh Bharat Mission 2.0 for waste and water management.

Govt to increase housing subsidies to $6.5 bn

The planned hike is part of a government plan to boost spending on rural infrastructure.

Bullet Train: 190 km viaduct and 321 km of pier completed

NHSRCL highlighted bridge works on 8 out of total 24 river bridges have been completed.

Rs 1.8 Bn allotted for station between Thane and Mulund

The fund is to construct platforms, lay tracks, and other essential components of the facility.

$350 million raised by Samvardhana Motherson via bonds

The bonds were sold by a subsidiary, SMRC Automotive Holdings Netherland.

Q1 FY25: Vedanta sees rise in production of steel, zinc, etc

In the June quarter, the production of mined metal overseas and oil and gas dropped.

BOI will raise up to Rs 50 Bn via infrastructure bonds

Bank of India proposed infra bond has gotten an ?AA+? rating.

NECIL looks to increase production in the Assam coal mine

Government to develop Assam as a sustainable and environmentally clean source of coal.

BCGCL conducts a pre-bid meet for coal gasification project

Coal India has incorporated Bharat Coal Gasification and Chemicals Ltd (BCGCL).

MMRDA Signs Rs.8.50 Bn Urban Infrastructure Financing Deal with KfW

The increased allocation underscores the government's commitment to bridging the housing gap in rural regions, where access to adequate housing remains a pressing challenge. By incentivizing housing construction and renovation through subsidies, the gover

Approval Pending for Doon-Mussoorie Railway Line Amid Hydropower Projects

The proposal for constructing a railway line connecting Dehradun to Mussoorie is currently pending approval, amidst delays in hydropower projects in the region