MoRTH Allocated ₹2.78 Lakh Crore for FY 2024-25
The Ministry of Road Transport and Highways is allocated ₹2.78 lakh crore for the financial year 2024-25, including ₹1.68 lakh crore for the National Highways Authority of India (NHAI). The 2.7% hike in the budgetary allocation
Indian Railways Allocated Budget ₹2.5 Lakh Crore for FY 2024-25
Indian Railways secures an outlay of ₹2.5 lakh crore for the financial year 2024-25, marking a nearly 5% increase from the previous year's allocation of ₹2.4 lakh crore. Notably, the allocation for 2023-24 was nine times higher than
FM allocates ₹25000 crore for high-speed train project
Finance Minister Nirmala Sitharaman announced a rise in the budgetary allocation for the National High Speed Rail Corporation (NHSRCL) to ₹25,000 crore for FY'25, up from ₹18,592 crore in FY'23-24. Conversely, the allocation for the
PM to Unveil Development Projects Worth Over ₹11,000 Cr in Assam
Prime Minister Narendra Modi will lay the foundation stone for various development projects and inaugurate initiatives totaling more than ₹11,000 crore. The state cabinet approved ₹376.11 crore for the construction of a new
Government to Implement Three Major Railway Corridor Programs
Finance Minister Nirmala Sitharaman has announced plans to implement three major economic railway corridor programs and convert 40,000 normal railway bogies to Vande Bharat standards. Sitharaman emphasized that these initiatives aim
EKA Mobility unveils 1.5-tonne electric LCV range
EKA has launched 1.5 tonne electric Light Commercial Vehicles (LCVs), at the Bharat Mobility Global Expo, designed to meet the evolving needs of the modern logistics and transportation industry. “With a focus on environment-conscious
PM Modi Praises Interim Budget 2024-25 for Innovation and Inclusivity
With the ‘mantra’ of ‘Sabka Saath, Sabka Vikas, and Sabka Vishwas’ and the whole of nation approach of “Sabka Prayas”, the Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Interim Union Budget
MMRDA Floats Tenders Worth ₹2064 Cr for Metro 6 Procurement
Mumbai Metropolitan Region Development Authority (MMRDA) has initiated tenders for the procurement of various components, including rakes, CBTC systems, Telecom Systems, PSDs, and Depot Machinery, for Metro 6 (Swami Samarth Nagar to
Assam CM Meets Nitin Gadkari to Discuss Infrastructure Projects
Assam Chief Minister Himanta Biswa Sarma held discussions with Union Minister for Road Transport and Highways Nitin Gadkari regarding upcoming infrastructure projects, including the Guwahati Ring Road, in the state. The meeting
NTPC to Bid for 1,800 MW Thermal Power Project in Chhattisgarh
NTPC is gearing up to bid for the 1,800-megawatt (MW) KSK Mahanadi thermal power project in Chhattisgarh, with Power Finance Corporation (PFCL) as the lead lender. The project, currently undergoing corporate insolvency resolution
Bids Invited for Jeypore-Malkangiri Railway Project in Odisha
East Coast Railway (ECR) has issued bids for the Jeypore-Malkangiri New Railway Line Project in Odisha's Waltair Division, to be executed on Engineering, Procurement, and Construction (EPC) mode. The project entails the construction
India's Infrastructure Output Growth Slows to Lowest Pace in December
India's infrastructure output, constituting 40% of its industrial production, expanded at its slowest pace in more than a year in December, attributed to weak performance in crude oil production and electricity generation, revealed
Strengthening India's Logistics Sector for Global Competitiveness
Efficient Logistics India is emerging as an attractive destination for global multinational companies seeking to diversify their manufacturing operations. Efficient domestic logistics play a pivotal role in enhancing both national and international
Gadkari Inaugurates ₹2,367 Cr National Highway Projects in MP
Minister of Road Transport and Highways, Nitin Gadkari, inaugurated and laid the foundation stone for nine national highway projects totaling ₹2,367 crore in Jabalpur district, Madhya Pradesh. These projects cover a total length of 225 km.
Bullet Train Project Introduces Earthquake Detection System
The Mumbai-Ahmedabad bullet train project reaches a milestone with the implementation of an earthquake detection system, a first in India. The National High-Speed Rail Corporation (NHSRCL) installs seismometers along the corridor, adopting
Union Govt Signs MoU for Parbati-Kalisindh-Chambal-ERCP Link Project
The Union government, along with the state governments of Madhya Pradesh and Rajasthan, signed a tripartite MoU for the revised Parbati-Kalisindh-Chambal-ERCP Link Project at the Ministry of Jal Shakti in New Delhi. After nearly
Manipur Chief Minister Launches ₹1,766 Cr Imphal Ring Road Project
The Chief Minister of Manipur initiated the ₹1,766 crore Imphal Ring Road Project, funded by the Asian Development Bank (ADB) with assistance worth ₹1374.75 crore. State Works Minister Govindas Konthoujam highlighted the project's aim
Boney's Bayview Projects LLP Wins Bid for Film City Near Noida Airport
Boney Kapoor, in collaboration with the Bhutani Group, secures the bid for the development of the International Film City near the upcoming Noida Airport in Jewar. The Yamuna Expressway Industrial Development Authority (YEIDA) announced Bayview
DMRC Invites Bids for Bhubaneswar Metro Phase-1 Depot Construction
Delhi Metro Rail Corporation (DMRC) has issued bids for the construction of Depot-cum-Workshop and associated facilities for the Bhubaneswar Metro Phase-1 project in Odisha. The scope of work encompasses civil construction for the metro
Aparna Constructions Launches ₹2,425 Cr Projects in Hyderabad
Aparna Constructions and Estates unveil two apartment projects, Aparna Newlands and Aparna Sarovar Towers, in Hyderabad, Telangana, with a combined investment of ₹2,425 crore. The projects offer over 2,500 apartments, ranging from
SBI to Downsell Half of ₹11,000 Cr Loan to Adani's Ganga E-way Project
State Bank of India (SBI) is in discussions to downsell half of its nearly ₹11,000-crore loan exposure to the Adani Group's Ganga Expressway project, the longest tolled road project in the country. SBI is in talks with institutions such
TVS ILP to develop Rs 125-cr Grade A Logistics Park in Goa
TVS Industrial and Logistical Parks has signed a Memorandum of Understanding (MoU) with the Goa Investment Promotion & Facilitation Board (Goa-IPB) for the development of a cutting-edge Grade A Logistics & Warehousing Park in the Verna
Manipur CM Lays Foundation for Imphal Ring Road Project
Manipur Chief Minister N. Biren Singh inaugurated the ₹1,766 crore Imphal Ring Road Project, with financial aid of ₹1374.75 crore from the Asian Development Bank (ADB). The 51.23 km long project, initiated in 2015-16 and approved
Uttar Pradesh Leads in Innovative Road Construction with Plastic Waste
The use of plastic waste, particularly single-use plastic, mixed with bitumen has become widespread in road construction and strengthening across Uttar Pradesh. Spearheaded by Chief Minister Yogi Adityanath, this initiative not only
Delhi Metro Phase IV Scaling Up with Additional 65km Expansion
Delhi Metro Rail Corporation (DMRC) is actively constructing 65km across three priority corridors in the capital, including extensions of the pink and magenta lines and a new corridor - the Silver Line - comprising 45 metro stations
REC-NIIFL signs MoU to fund large infra projects
REC Limited, a leading Non-Banking Financial Company (NBFC) and Maharatna Central Public Sector Enterprise, has partnered with the National Investment and Infrastructure Fund Limited (NIIFL) to enhance financing solutions for renewable
India and UK to Sign Agreement Boosting Infrastructure Funding
India and the United Kingdom are set to sign an agreement to increase London-based capital funds into India's growing infrastructure sector. The UK-India Infrastructure Financing Bridge will focus on national highways, railways, and renewable
Sunteck Realty Expands with Luxury Projects in Mumbai
Sunteck Realty has announced plans to develop two luxury housing projects in prime locations of Mumbai - Nepean Sea Road and Bullock Road, Bandstand in Bandra West. These projects mark the company's entry into exclusive areas of the city
East Central Railway (ECR) Seeks Bids for Track Renewal Services
East Central Railway (ECR) has issued invitations for bids to provide track renewal services for all types of main line tracks on broad gauge (BG) routes. The project entails track renewal services across all BG routes of ECR, including
First Phase of Noida Airport Development to cost ₹10,056-cr
Officials report that the initial phase of the upcoming international airport in Noida will cost ₹10,056 crore, with approximately ₹7,100 crore already expended. S P Goyal, Additional Chief Secretary to the Uttar Pradesh Chief Minister
