Projects

NHRCL expedites works for upcoming Mumbai-Ahmedabad Bullet train project

The National High Speed Rail Corporation (NHRCL) has set the ball rolling on fast-tracking the pre-construction work of the Mumbai-Ahmedabad Bullet train that stretches across 508 km. The High-Speed-Rail (HSR) line is estimated to cost Rs 1.08 trillion and will be expected to become functional by 2023 following the boost in construction.

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India welcomes investment from Saudi Arabia for infrastructure projects: PM Modi

As reported, Prime Minister Narendra Modi has stated that India is keen on promoting its cooperation with Saudi Arabia, with a major player being investments in the infrastructure sector. During his visit to the Middle Eastern country, Modi emphasised that the two nations were bringing their forces together in a bid to reduce inequality and boost sustainable development.

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Centre gives environment clearance for awaited dam project in Uttarakhand

The Centre has finally given a green nod for the Jamrani dam project in the state of Uttarakhand after it was first proposed to the government in the 1970s. 40 years after, the project which is estimated to be worth Rs 25.84 billion, is now set to gain ground at a fast pace.

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NHAI identifies projects worth Rs 8 trillion to be awarded in the next three years

The National Highways Authority of India (NHAI) has reportedly, mapped out a pipeline of projects that will be awarded in the span of the coming three years.

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360 infrastructure projects report cost overruns of Rs 3.88 trillion

The Ministry of Statistics and Programme Implementation (MoSPI), charged with the responsibility of monitoring infrastructure projects worth Rs 1.5 billion or more, has released a report for June 2019 according to which – out of the total 1608 projects, more than 360 have shown cost overruns to the cost of Rs 3.88 trillion.

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Government gives green nod for airport project in Kutch worth Rs 14 billion

A new commercial airport will be developed in Kutch, Gujarat, after the Union Environment Ministry gave it a green nod following consultations from a panel of experts. Estimated to be worth Rs 14 billion, the project will be built by Mundra International Airport.

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DDA to execute infrastructure projects worth Rs 2.92 billion in Dwarka

As reported, Union Minister Hardeep Singh Puri laid the foundation for 10 developmental projects worth Rs 2.92 billion in Dwarka, giving an impetus to civic and sports infrastructure in the city.

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NHAI directed to speed up project implementation, meet construction targets

The National Highways Authority of India (NHAI) has been instructed by the Road, Transport and Highways Minister, Nitin Gadkari to expedite the implementation of projects and to accomplish its project construction targets.

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Jewar International Airport project garners interest from 20 companies

The Jewar International Airport development has reportedly, attracted around 20 companies that include both, national and international entities

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Centre approves ropeway project worth Rs 6 billion over Sach Pass

At an approximate cost of Rs 6 billion, the ropeway project from Bhanodi to Pregara on Killar side in Shimla, has been approved by the Union Tribal Affairs Ministry in a bid to improve and provide year-long connectivity to the remote area of Pangi valley.

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Relaxation of norms in the EIA possible for project expansion

With respect to the environment impact assessment (EIA), the Environment Ministry is dabbling with the prospect of relaxing various green norms which is set to benefit the mining and infrastructure sectors. The EIA is carried out prior to giving development projects the final approval.

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MMRDA invited investors for infrastructure projects worth Rs 1 Trillion

The Mumbai Metropolitan Region Development Authority (MMRDA) has reportedly, called on domestic and international investors to fund its infrastructure development projects that are estimated to be worth around Rs 1 trillion.

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