Rs 100 bn infra works for Andamans in pipeline: minister
ECONOMY & POLICY

Rs 100 bn infra works for Andamans in pipeline: minister

The government has invested Rs 300 billion in the last eight years in the Andaman and Nicobar Islands, and investments of over Rs 100 billion are in the pipeline, Union Minister of State for Information & Broadcasting L Murugan said on Sunday.

Addressing a press conference in Port Blair, Murugan said a trans-shipment hub, a greenfield international airport, a township and a diesel/solar power plant have been planned as part of the proposed mega infrastructure projects on Greater Nicobar Island. The minister expressed satisfaction with the implementation of central projects by the local administration. “It is good to hear that nearly 62,000 water connections have been provided and more than 95% of the work for 1,338 houses under the PM Awas Yojana is complete,” he said.

The Union territory has nearly 15,500 beneficiaries under the PM Kisan scheme, Murugan said. In the aviation sector, around Rs 7.10 billion is being invested in the islands, he added.

“There is a need for a fishing harbour at Mayabunder and I have asked the officials concerned for a detailed project report,” he said.

See also:
Ujjayanta Palace in Tripura to get facelift with ADB aid
In Trichy, 804.5 sq km notified as urban planning area


The government has invested Rs 300 billion in the last eight years in the Andaman and Nicobar Islands, and investments of over Rs 100 billion are in the pipeline, Union Minister of State for Information & Broadcasting L Murugan said on Sunday. Addressing a press conference in Port Blair, Murugan said a trans-shipment hub, a greenfield international airport, a township and a diesel/solar power plant have been planned as part of the proposed mega infrastructure projects on Greater Nicobar Island. The minister expressed satisfaction with the implementation of central projects by the local administration. “It is good to hear that nearly 62,000 water connections have been provided and more than 95% of the work for 1,338 houses under the PM Awas Yojana is complete,” he said. The Union territory has nearly 15,500 beneficiaries under the PM Kisan scheme, Murugan said. In the aviation sector, around Rs 7.10 billion is being invested in the islands, he added. “There is a need for a fishing harbour at Mayabunder and I have asked the officials concerned for a detailed project report,” he said. See also: Ujjayanta Palace in Tripura to get facelift with ADB aidIn Trichy, 804.5 sq km notified as urban planning area

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement