Gold
Ten firms vie for 179 km Jalna-Nanded e-way, Linking Samruddhi Mahamarg
Ten firms have submitted 23 bids for the construction of the 179.85 km Jalna-Nanded expressway in Maharashtra. It was noted that among the contenders were industry leaders such as Afcons Infrastructure, APCO Infratech, GR Infraprojects, NCC, PNC Infratech, and the state-owned Ircon International (IRCON).
It was further noted that the Maharashtra State Road Development Corporation (MSRDC) had pre-qualified a total of 18 firms to undertake the construction of this expressway. In January of this year, MSRDC invited price bids from these pre-qualified firms for the construction of the exp..
Metro Rail Realignment
The Second Metro Rail Conference was organised by FIRST Construction Council (FCC) in collaboration with CONSTRUCTION WORLD and Infrastructure Today magazines.
In an unprecedented surge underscoring the vital role of metro systems in enhancing the quality of life and spurring economic growth in cities nationwide, India’s metro rail growth has expanded from 229 km across five cities in 2014 to a staggering 860 km across 20 cities by April 2023.
Emphasising upon profitability of metro-rail systems at the conference, held at the <..
Government Permits Maize Sale to Ethanol Makers
In a significant move, the Indian government has granted approval to the National Agricultural Cooperative Marketing Federation (NAFED) and the National Cooperative Consumers' Federation (NCCF) to sell maize to ethanol manufacturers. The authorized base rate for this transaction is set at Rs 2291 per quintal.
This decision is aimed at bolstering the ethanol production sector, aligning with the government's commitment to promoting alternative and cleaner fuel sources. The move is expected to provide a steady supply of maize to ethanol producers, fostering the growth of the ethanol indus..
IL&FS Requests New MMRDA Nod for Mumbai HQ Transfer
IL&FS has sought renewed approval from the Mumbai Metropolitan Region Development Authority (MMRDA) to transfer its headquarters within Mumbai. This move indicates IL&FS's commitment to navigating regulatory requirements amid ongoing restructuring efforts.
IL&FS's request for new approval underscores its determination to ensure compliance with all necessary regulations and expedite the headquarters transfer process. It reflects the company's efforts to streamline its operations and address administrative challenges as part of its restructuring endeavours.
The need for fresh appro..
Malaysian Carbon Credit Auction Begins July
In a significant move towards environmental sustainability, Malaysia's carbon exchange will host its first local carbon credit auction in July. This event marks a pivotal step in the nation's commitment to reducing carbon emissions and fostering a green economy.
The Malaysian carbon exchange aims to provide a structured marketplace for carbon credits, where companies can buy and sell these credits to offset their carbon footprints. This initiative aligns with global efforts to mitigate climate change by encouraging businesses to adopt more sustainable practices.
The auction w..
