MoRTH has announced plans to award 15 port connectivity projects, totalling 352 km in length, in the current fiscal year and 17 additional projects, totalling 474 km in length, in the next fiscal year.
Please Login to view the Digital Edition Click Here.
To subscribe to the Digital Edition, please Click Here
Padma Vibhushan Dr E Sreedharan captivated the 150-plus audience at the Metro Rail Conference in Mumbai as he shared his learnings and recommended course of action for the government, which he asked the FIRST Construction Council and CW to convey to the ministries.
Please Login to view the Digital Edition Click Here.
To subscribe to the Digital Edition, please Click Here
Cement companies are on an expansion spree and are expected to add 80-100 MT of fresh capacity by FY25 despite the looming challenges of rising input costs and uncertainty on the demand front.
JK Cement subsidiary has acquired paint manufacturer and construction chemicals company Acro Paints. The company has initially invested an amount of Rs 1.53 billion and completed the acquisition of 60 per cent equity shares.
Please Login to view the Digital Edition Click Here.
To subscribe to the Digital Edition, please Click Here
Pune-based Blue Energy Motors has supplied LNG trucks to JK Lakshmi Cement, one of India’s leading cement companies to deploy LNG trucks for long-haul transportation of raw materials in the country.
In order to reach its objective of net zero emissions by 2070, India is prepared to enlist the help of PSUs for the construction of nuclear power plants, according to Union Science and Technology Minister Jitendra Singh.
Tripura's government has inked a Rs 22.75 billion agreement with the Asian Development Bank (ADB) to enhance and improve power distribution efficiency in the state.
The power transmission and distribution business of Larsen and Toubro Construction has secured multiple engineering, procurement, and construction (EPC) orders in India and overseas.
Kalpataru Power Transmission and its international subsidiaries have bagged orders worth Rs 12.47 billion in the transmission and distribution (T&D) segment.
The lenders of SKS Power Generation have received bids for a takeover in exchange for payment of Rs 18.90 billion it owes to the Bank of Baroda and the State Bank of India (SBI).
Please Login to view the Digital Edition Click Here.
To subscribe to the Digital Edition, please Click Here
EGIS India Consulting Engineers has bagged a contract for providing consultancy for a capacity building project at Mongla port, the second largest seaport in Bangladesh, which will boost sub-regional connectivity in South Asia.
For Coal India (CIL) and Singareni Collieries Company (SCCL), the Ministry of Coal will take on an additional 19 first-mile connectivity projects with a combined capacity of 330 million tonne.
The Indian government and the Asian Development Bank (ADB) has signed loan agreements totalling $1.22 billion for developing infrastructure in various Indian states.
With Prime Minister Narendra Modi looking to modernise roads, rail networks and ports, steel demand is expected to jump 6.7 per cent to around 120 million tonne in 2023, according to the World Steel Association, the highest growth among major economies.
Minister for Municipal Administration and Urban Development KT Rama Rao, who inaugurated the new flyover the Kothaguda multi-level flyover, has unveiled 11 more projects under the Strategic Road Development Plan.
Himanta Biswa Sarma, Chief Minister, Assam, has laid the foundation stone for seven infrastructure projects totalling Rs 17.76 billion in the state's capital, including a new Raj Bhavan and Guwahati Police Commissioner's office.
The Delhi government has approved the draft of its ambitious Solar Policy 2022 which revises the installed capacity to 6,000 MW from 2,000 MW by 2025, a three-fold jump in as many years
The new Norwegian Climate Investment Fund together with KLP, Norway's largest pension company, made the first investment of Rs 900 million in an Indian transmission project in Karnataka. being developed by ReNew Power.
The Yamuna Expressway Industrial Development Authority (YEIDA) has decided to widen the 165 km long Yamuna Expressway to eight lanes from the present six lanes.
Please Login to view the Digital Edition Click Here.
To subscribe to the Digital Edition, please Click Here
Due to the slow pace of construction, the Greater Cochin Development Authority has extended the deadline to April 30 for the Life Mission housing project on its Mundamveli property.
The government of Uttar Pradesh anticipates tremendous expansion in metropolitan areas, and during the next five years, plans to establish 100 new townships.
The local authority has chosen to re-tender the Poonkulam housing project after 15 years, terminating Nirmithi Kendra's contract at its own risk and expense.
Keystone Realtors has been awarded a 4.2-acre redevelopment project in Chembur, Mumbai. The new project's architect is Hafeez Contractor, and the contractor is L&T.
Vertex has announced the launch of its project Viraat, an upscale, smart-and-sustainable residential community located in the emerging commercial and residential hub of Miyapur.
For projected development projects under the control of state Gram Panchayats, the MahaRERA has introduced a few additional rules to relax the RERA's registration requirements
Pune Municipal Corporation has announced its association with TheGreenBillions (TGBL) to set up the first plant in India to extract green hydrogen from biomass and municipal solid waste.
The Noida Authority and the Greater Noida Authority have decided to release a total of Rs 18.12 billion for the establishment of the Noida International Airport.
The Airports Authority of India has undertaken the work for constructing a new Greenfield Airport in Rajkot scheduled to be operational by the end of this year.
The Airports Authority of India (AAI) said the overall project work of Ayodhya airport is expected to be completed by June 2023. The airport development project is worth Rs 2.42 billion
The Uttar Pradesh government has decided to develop a network of dry ports across the state, and several domestic, and international companies have forwarded their proposals for investment in this sector.
Public-private partnerships have been a significant source of funding for port development, and the Ministry of Ports, Shipping, and Waterways has 44 projects in the works that will require a combined investment of Rs 229,000 million through 2024–2025
Union Minister Sarbananda Sonowal reportedly said that India can be among the top ten countries in the global ranking of maritime merchandise trade with giant strides taken by the government for modernisation and capacity building in the sector.
Southern Railway has embarked on the rehabilitation project of Kollam Junction for a sum of Rs 3.61 billion. Every year, it receives an average of 16 billion passengers.
The Centre is set to enhance the gross budgetary allocation for Indian Railways by 29 per cent, from Rs 1.4 trillion to Rs 1.8 trillion, to fund infrastructure expenditures.
The National Highways Authority of India (NHAI) has invited bids for four-laning with paved shoulder from Hassan to Adihalli village in Karnataka in EPC mode.
The Mumbai Metropolitan Region Development Authority (MMRDA) has initiated steps to execute this critical project that will drastically reduce travel time between the two destinations.
Defence minister Rajnath Singh inaugurated the Siyom bridge in Arunachal Pradesh, along with 27 other infrastructure projects completed by the Border Roads Organisation.
The National Highways Authority of India has invited bids for the four-laning of the 26 km stretch of Bengaluru-Mangaluru National Highway 75 of Shiradi Ghat.
Please Login to view the Digital Edition Click Here.
To subscribe to the Digital Edition, please Click Here
The Prayagraj region in Uttar Pradesh is set to become a cement production hub. In addition to its two existing cement plants – the 6.6 Mta Sadwa works of Jaypee Group and the 2 Mta Bara unit of UltraTech Cement – three further cement plants have been announced.
Amidst water crisis in the population-intense parts of the country, cement companies are striving to make a difference with their approach towards water positivity.
Please Login to view the Digital Edition Click Here.
To subscribe to the Digital Edition, please Click Here
Going the mile, Devendra Jain, Managing Director and CEO, adds a landmark for Dilip Buildcon with the inauguration of the 4-lane right-hand side corridor of the New Zuari Bridge in Goa.
Lt Gen Rajeev Chaudhary, Director General, has spelt success for Border Roads Organisation with the recent opening of the Siyom Bridge in Arunachal Pradesh.
Industrial and warehousing space has witnessed absorption of more than 46 million sq ft in 2022 which includes over 36 million sq ft from Tier-I cities and over 10 million sq ft from Tier-II and Tier-III cities.
Global steel prices (free-on-board, China) are set to stabilise in calendar 2023 on-year, after falling over 40 per cent to $570-590 per tonne in December 2022 from the early-April peaks of $1,000 per tonne on tepid steel demand
A recent report by ANAROCK Capital reveals that private equity players invested $1,215 million into NCR the first nine months (9M) of FY23, against $771 million in the corresponding period in the previous financial year.
Rail Land Development Authority (RLDA) has invited bids for leasing out 124,000 sq m of a railway land parcel situated in Sector 21, Dwarka, Delhi, for a period of 99 years.
Please Login to view the Digital Edition Click Here.
To subscribe to the Digital Edition, please Click Here
