Infrastructure
BEML Ltd, manufacturer of heavy earth moving equipment for mining and construction sectors, has launched an indigenously developed new version of motor grader – BG405A for deployment in the infrastructure/construction sector. The new motor grader is BS III compliant engine with a net horsepower of 119HP and is certified by ARAI. BG405A is designed with [...] Continue Reading »
The Chandrababu Naidu Government has drawn up ambitious plans to transform Andhra Pradesh into a “bustling” State and place it among the top three States in the country by 2022. Development of 14 major and minor ports, rivalling Singapore on the maritime front, three international airports and 14 domestic airports, three ‘mega cities’ and 11 [...] Continue Reading »
ICICI Bank Ltd’s sale of 10-year infrastructure bonds worth about Rs 3,900 crore that insurers and pension and mutual funds (MFs) rushed to buy on Tuesday is likely to open the floodgates for banks trying to raise money to finance high-cost and long-gestation projects such as roads, ports and power plants. At least five other [...] Continue Reading »
The public works department has received a go-ahead from the NGT (National Green Tribunal) to resume work on the expansion of the Andheria Mod-Mahipalpur road. This has brought a lot of relief to the hundreds of people who use the Andheria Mod-Mahipalpur road daily to access Gurgaon and IGI airport. In February 2012 the work was stalled [...] Continue Reading »
L&T (Larsen and Toubro) Hyderabad Metro Rail Limited today hinted at the possibility of cost escalation of the elevated metro rail project by about Rs 2,500 crore to Rs 3,000 crore.The Rs 12,132-crore-project may need such additional funding for some of the unavoidable circumstances. These include the initial delay in the appointed date, inflation and [...] Continue Reading »
The National Green Tribunal (NGT South Zone) has given a go-ahead to the ambitious Science City project. This project is proposed to come up on 10,000 acres in Chitradurga district’s Challakere taluk. The tribunal had earlier ordered a stay on proposals by the Indian Institute of Science (IISc), Defence Research and Development Organization (DRDO), Indian [...] Continue Reading »
The Mumbai Metro master plan has been revised by the Maharashtra Government. The decision to revise the Metro master plan has been taken by the government to ensure that the Chatrapati Shivaji International Airport in Mumbai and the proposed international airport at Panvel in Navi Mumbai are directly connected. As a result of the revision, [...] Continue Reading »
With the Centre’s requisite approval to the Phase-I extension of the Chennai Metro Rail expected in the near future, the land acquisition process for the Metro extension project will likely be commenced by the Chennai Metro Rail Limited in the coming months. The Phase-I extension of Chennai Metro Rail involves a 9-km stretch between Washermanpet [...] Continue Reading »
A metro extension connecting Dwarka and Gurgaon has been delayed indefinitely, as the Delhi Metro Rail Corporation (DMRC) has not submitted the detailed project report to the Haryana government. With the state assembly polls due in October, the model code of conduct will further delay the project. The extension plan has been struggling to take [...] Continue Reading »
A consumer forum in New Delhi stated that the construction firm was trying to grab the money of the “innocent consumers” with “mala fide” intention. They slapped the construction firm with charges and asked to pay Rs four lakh. The New Delhi Consumer Disputes Redressal Forum which was presided by C K Chaturvedi, asked Vian [...] Continue Reading »
