The Union Cabinet approved externally aided DRIP Phase II and Phase III in its meeting held on October 29, 2020. The project will initially cover 19 States and three Central Agencies. The Budget Outlay is Rs 102.11 billion for an implementation period of 10 years. The scheme will be implemented in t..
The Noida International Airport and Zurich Airport International AG on October 7, 2020, signed a concession agreement that would allow the Switzerland headquartered company to build and operate the Noida International Airport at Jewar for 40 years.
After winning the bid to build the project recently, officials of Zurich Airport International on January 15 reportedly visited the project site and discussed the master plan with the brass of the Noida International Airport (NIAL). It is known that the Swiss company would soon apply to the Union ho..
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD145-million loan to India to improve irrigation service delivery and strengthen flood risk management in West Bengal. Earlier this month, AIIB President Jin Liqun also approved a USD 65-million 250-megawatt (MW)..
The National Highways Authority of India (NHAI) has received the Union Cabinet’s approval for setting up an InvIT – permitting the body to monetise it’s completed national highways and therefore, fulfil its funding requirements, reports reveal.