Rs 520 Billion Port Connectivity Projects Completed

27 Dec 2024 CW Team

A total of 84 projects, with an investment of Rs 521.99 billion, have been completed. Among the leading states, Odisha has completed 11 projects with an investment of Rs 138 billion, while Andhra Pradesh has finished 16 projects amounting to Rs 93.12 billion. Gujarat has completed eight projects with a total investment of Rs 80.48 billion.

In addition, 54 projects worth Rs 669.94 billion are currently under implementation. Andhra Pradesh leads with the highest number of on-going projects, totalling 21 projects valued at Rs 333.40 billion. Tamil Nadu follows with 10 projects costing Rs 109.56 billion, according to government data.

Furthermore, another 128 projects with an estimated cost of Rs 686.96 billion are in the development stage. Maharashtra ranks highest in this category with 24 projects totalling Rs 248.10 billion. Odisha has eight projects valued at Rs 117.44 billion, followed by Gujarat with 22 projects requiring Rs 113.16 billion and Andhra Pradesh with 17 projects costing Rs 111.16 billion.

The government released a report titled "Connectivity of Ports to Industrial Nodes," which conducted a gap analysis of the connectivity between seaports and existing or upcoming nodes within different industrial corridors. The report identified 62 new infrastructure gaps in both road and rail sectors across all industrial nodes.

The government also announced that under the Sagarmala Programme, over 800 projects have been identified for implementation, amounting to an estimated cost of Rs 5.5 trillion. These projects are divided into five categories: port modernization, port connectivity, port-led industrialisation, coastal community development, and coastal shipping and inland water transport. These initiatives are being executed by central ministries, the Inland Waterways Authority, Indian Railways, NHAI, state governments, and major ports.

Infrastructure Transport

15 Sep 2025

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..