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Om Logistics acquires ICD Bawal for Rs 1.1 Bn
The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com
DPIIT Reviews 18 Key Road Projects
Evaluation by DPIIT: The Department for Promotion of Industry and Internal Trade (DPIIT) has commenced a comprehensive evaluation of 18 critical road projects under the PM GatiShakti scheme. This initiative aims to streamline and expedite infrastructure development across the country. PM GatiShakti Scheme: The PM GatiShakti scheme is a flagship program designed to enhance the efficiency of infrastructure projects through integrated planning and execution. It focuses on reducing project delays, optimizing resource utilization, and improving overall project delivery. Project Scope: The 18 projec..
NBCC's Plan to Complete 50,000 Supertech Homes
NBCC's Plan: The National Buildings Construction Corporation (NBCC) has unveiled a comprehensive three-phase strategy aimed at completing 50,000 homes developed by Supertech. This initiative is crucial for addressing the concerns of stranded home buyers amidst ongoing insolvency proceedings involving Supertech. Phase One: The first phase of the plan focuses on completing the high-priority projects that are closest to completion. This phase aims to deliver ready-to-move-in homes to buyers who have been waiting for a significant period. Phase Two: In the second phase, NBCC will address the mid-l..
Kerala Allocates Rs.1,900 Crore for Sabari Rail
Funding Allocation: The Kerala government has approved a significant allocation of Rs.1,900 crore for the Sabari Rail project. This financial commitment aims to revive and expedite the long-pending railway project, which is crucial for enhancing connectivity in the region. Project Overview: The Sabari Rail project is designed to improve transportation between the southern parts of Kerala and the major railway network. It is expected to facilitate smoother and more efficient travel, supporting both passenger and freight services. Revival Efforts: The allocation of funds is part of a broade..
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