Infrastructure
Delhi Metro said in a Tuesday announcement that it has completed the boring of two twin tunnels on the Janakpuri (West)-Botanical Garden corridor. The announcement implies that the work on Phase III is currently in full swing, in the wake of its approaching 2016 completion deadline. According to the announcement made by Delhi Metro, the [...] Continue Reading »
According to an announcement made by the Delhi Metro Rail Corporation (DMRC) on Thursday, tunnelling work at the Lal Quila Metro station has been successfully completed. The Lal Quila Metro station is a part of the extended Central Secretariat-Kashmere Gate corridor of Delhi Metro’s Phase III. Going by the details shared by the DMRC officials, [...] Continue Reading »
The Finance Industry Development Council (FIDC) has suggested a few things to provide a thrust to the ailing infrastructure industry. Equipment used in building of roads, ports, airports and other infrastructure should be treated as “infrastructure” for the purpose of lending by banks. Bringing “equipment” within the scope of the list of “infrastructure” sectors for [...] Continue Reading »
A demolition drive was carried out by the Noida Authority on Wednesday to remove encroachments in the way of the Faridabad-Noida-Ghaziabad (FNG) corridor, so that work on the corridor can be accelerated. The demolition drive was conducted by an anti-encroachment team from Noida’s Sector 139 area. The drive resulted in the flattening of approximately 8,000 [...] Continue Reading »
A Government official revealed on Wednesday that a sum of Rs 200 crore has been released by the Government to the Delhi Metro Rail Corporation (DMRC) “as contribution to equity as a first installment in the current year of 2014-15.” According to the information shared by the unidentified Government official, an amount Rs 3,561.60 crore [...] Continue Reading »
A bid to rein in the TRS government that had threatened to create many hurdles for the Hyderabad Metro Rail project, the Centre summoned the Telengana chief secretary Rajiv Sharma for a special meeting in Delhi this Friday. In the meeting the representatives of the concession partner Larson & Toubro and other authorities of Hyderabad [...] Continue Reading »
Anil Swarup the Head of the Government’s Project Monitoring Group (PMG) came out with a data which is not very favourable for India Inc. He mentioned that about 230 major projects involving over Rs 5 lakh crore of investments are pending at various stages. From June last year, over 150 projects have been cleared on [...] Continue Reading »
The Ambattur micro market house which is situated in the north-west of Chennai has a number of small scale units and manufacturing facilities. The Ambattur industrial estate consists of many units. The units include textile, chemical and automobile companies. This is one of the chief industrial belts in the city that houses so many manufacturing [...] Continue Reading »
The Chief Minister of Tamil Nadu, J Jayalalithaa has announced the plans for a number of industrial infrastructure investments which include an electronics components cluster and a National Investment and Manufacturing Zone that will help in boosting the investments in the southern districts region. The industrial belt will be set up as fast possible after [...] Continue Reading »
The Legislative House Committee of Karnataka will probe the alleged framework agreement violations by the Nandi Infrastructure Corridor Enterprises (NICE) which is being executed in the Bangalore-Mysore Infrastructure Corridor (BMIC) in the State. The Karnataka Minister for Public Works, HC Mahadevappa has announced it in the State Assembly while replying to the demands made by [...] Continue Reading »
