DBL bags Rs. 1,373.60-cr national highway projects
Dilip Buildcon through its wholly owned special purpose vehicle has recently bagged two national highway projects from National Highways Authority of India involving a combined investment of Rs. 1,373.60 crore. The projects included the construction of
B L Kashyap secures Rs 238-cr construction contract
B L Kashyap & Sons has recently secured a new construction contract worth Rs 238 crore from Embassy Constructions for its Embassy Business Hub - Phase 2 project in Bengaluru, Managing Director, Vineet Kashyap, said, reiterating that they have a
Ganga Realty plans Rs 400-cr high-street retail project
The Gurugram-based real estate building player, Ganga Realty has recently announced to invest Rs 400 crores in its first high-street ‘neighbourhood’ retail project, Swarnim, at Sector 5, in Sohna, Gurugram. The newest is the company’s second multi-crore
DCI wins Rs 172.22-cr Paradip Port contract
The marine department of the Paradip Port Authority has recently awarded a contract worth Rs 172.22 crore to the Dredging Corporation of India in Visakhapatnam. The scope of works under the contract included dredging on approach channel, entrance
Kerala clears Rs 143.28-cr bridge construction project
The state cabinet in Kerala has approved the construction of the much-awaited Munambam-Azheekode bridge connecting Ernakulam with Thrissur coastal area involving an investment of Rs 143.28 crore. The cabinet in its recent meet decided to award
CMRL launches Rs 63,246-cr Phase-II metro expansion
Chennai Metro Rail Limited (CMRL) has recently started the construction work on the underground stations along the Madhavaram-Taramani metro line being executed under the Phase II part of the project. The expansion of Metro Phase-II has been planned
Mumbai gets Rs 15,000 cr Airport Express Metro Line
Mumbai Metropolitan Region Development Authority and City and Industrial Development Corporation have jointly decided to build a Rs 15,000 crore and 35 km long Airport Express metro line starting from Chhatrapati Shivaji Maharaj International
JNPA posts an impressive TAT of just 22 hrs
Jawaharlal Nehru Port Authority (JNPA), India’s premier container port, has achieved another feat when it set a global benchmark in container cargo handling. According to the Logistics Performance Index (LPI) Report, 2023, published by the World Bank
Inaugural shipment MV-ITT LION (V-273) flags off from Syama Prasad Mookerjee Port to Sittwe port in Myanmar
Minister of State for Ports, Shipping and Waterways Shantanu Thakur flagged off MV-ITT LION (V-273) from Syama Prasad Mookerjee Port, Kolkata as the inaugural shipment to operationalise the Sittwe Port in Rakhine State of Myanmar. The Port has
Adani Ports concludes Myanmar Port sale for $30 Mn
Adani Ports and Special Economic Zone Ltd (APSEZ) have concluded the Myanmar Port sale for a total consideration of USD 30 Mn. In May 2022, APSEZ announced signing of a Share Purchase Agreement (SPA) for the sale of its Myanmar Port. The SPA
AP CM Reddy lays foundation of Bhogapuram Airport
Y S Jagan Mohan Reddy, Andhra Pradesh Chief Minister, laid the foundation stone of Bhogapuram International Airport to be spread over 2202 acres, and will come up at an investment of Rs 4,592-crore. The upcoming airport to come up at an investment
RVNL granted Navratna Status
Rail Vikas Nigam Limited (RVNL), a Central Public Sector Enterprises of Ministry of Railways, has been granted Navratna Status. RVNL was incorporated as PSU on 24th January, 2003, with the twin objectives of implementation of projects relating
Investment of Rs 600 cr by AIPL to complete Ludhiana township project
In order to complete a 500-acre township project at Ludhiana in Punjab, real estate firm Advance India Projects (AIPL) has decided to invest around Rs 600 crore to complete the township project which was earlier launched by the Ireo group in
Casagrand plans Rs 2,000-cr realty project in Bangalore
Adding a new project to its project portfolio in the country’s real estate sector, Casagrand has recently decided to build 5.5 million sq ft of residential space at an investment of Rs 2,000 crore in Bangalore. In this connection, the developer has
Varanasi & Kashi cities await world-class infra upgrades
The state government in UP has committed to build a top-class urban infrastructure to turn Varanasi and Kashi cities as the world class cities. "Kashi is very significant as it is the spiritual and cultural centre of India and draws Sanatanis from across
Smart Cities Mission gets one-year extension till June 2024
Acceding to the requests from various cities that sought more time to complete their ongoing projects, the Housing and Urban Affairs Ministry has extended the deadline for the Smart Cities Mission till June 2024. The existing deadline of the
SCO forms SWG to collaborate in transport infrastructure
A Special Working Group to promote collaboration in the field of transportation has been formed among member states of the Shanghai Cooperation Organization (SCO), Union transport minister Nitin Gadkari said, elaborating that the group will
ACFI: Air Cargo has the power to galvanize businesses across globe
Air Cargo Forum India (ACFI) Annual Conclave highlighted the need for India to build and improve its current infrastructure, connect Indian airports to shippers through modern highways and local connectivity, integrate different modes of transport
Twin tunnels for double-decker trains on anvil in Aravallis
In order to accommodate double-decker goods and passenger trains, the Haryana Rail Infrastructure Development Corporation (HRIDC) has planned to construct a one-of-its-kind 4.7km double tunnel through the Aravallis. The trains will
Panel in place to turn IGI an international transit hub
In its quest to develop Indira Gandhi International Airport in Delhi as an international air traffic transit hub, the Ministry of Civil Aviation has appointed a committee to devise ways to turn the country’s largest airport matching global standards
GDA scouts funds for Rs. 3,325-cr metro lines in NCR
TheUP government has recently held a high-powered meeting to explore financing options for the two new Metro extensions in Ghaziabad — Mohan Nagar to Vaishali and Sector 62 Noida to Sahibabad. The lines from Vaishali to Mohan Nagar
NHIDCL invites bid for Rs 270.91-cr road project
The National Highways & Infrastructure Development Corporation (NHIDCL) has recently invited bids for the widening of Shillong-Dawki road on NH-40 up to Bangladesh border in Meghalaya involving an investment of Rs 270.91 crore. The road
Tender floated for new BG line on Dhule-Nardana section
Tender for the construction of a new BG line between Dhule (Borvihir) to Nardana (approx. 49.45 km) under Bhusawal division has been floated by the Central Railway at an estimated cost of Rs 750.83 crore. The scope of work includes the construction
Central Railways registers freight revenue of Rs.771.50 crore in April-2023
The Central Railway's has registered Freight Loading of 7.42 million tonnes for the month of April-2023, against loading of 7.14 million tonnes for the month of April-2022, with an increase of 3.91% and is the best ever loading in any month of April
FASTag daily Toll Collection reaches record high
The daily toll collection through FASTag system reached an all-time high collection of Rs. 193.15 crore, with 1.16 crore transactions recorded in a single day on April 29th, 2023. Since FASTag was mandated by the Government in February 2021, the
Centre approves Rs 6,000-cr road projects in Bhubaneswar
The Central government has approved projects worth about Rs 6,000 crore to build new roads and upgradation of the existing ones in and around the Bhubaneswar city, the state capital of Odisha. Projects include the construction of a ring road and
RVNL wins Rs 1,134-cr Chennai Metro Rail’s contract
Chennai Metro Rail has recently signed a contract with Rail Vikas Nigam Limited for the construction of a 10km log elevated line over the OMR IT corridor starting from Sholinganallur to Siruseri Sipcot with nine stations involving an investment of Rs 1,134
Railway clears Rs. 800 cr for infra upgrade in Vizag
The Railway Board has recently cleared a staggering sum worth Rs. 800 crore for building and upgrading three rail lines between Visakhapatnam and Gopalapatnam as part of expansion of infrastructure, Divisional Railway Manager Anup Satpathy
Alstom wins €54-mn MRTS Phase-IV contract
Adding to its project portfolio in the country’s metro rail sector, Alstom has recently secured contracts worth €54 million to design, manufacture, supply, install, test, and commission train-control and signalling solutions of Delhi MRTS Phase-IV
Housing complex 'River Heights' in Ludhiana by March 2026
Spread over 3.43 acres of land parcel, people of Ludhiana will get a new housing complex 'River Heights' by Gulab Valley Housing by March 2026. The construction of the complex at Bhirmi village will include three high-rise towers of S+28 floors with
