Japan International Cooperation Agency
State-run road development corporation MSRDC is looking at funding from Japan International Cooperation Agency (JICA) for the ambitious Rs 5,975-crore Bandra-Versova sea link project. The JICA has been funding major infrastructure projects in the country at lower interest rates. To give pace to our ambitious 9.3-km Bandra-Versova sea link project, we will seek funding from [...] Continue Reading »
In an announcement made in Mumbai on Tuesday, Union Urban Development Minister Venkaiah Naidu said that the Union Government is ready to give its requisite approval to a ring metro rail service for the city, as well as its neighbouring areas like Thane, if the Maharashtra Government moves such a proposal. Naidu reiterated the Union [...] Continue Reading »
In a mail to Lucknow Metro Rail Corporation’s (LMRC) Sreedharan suggests that an Agence Francaise de Development (AFD) loan is not best suited for the project. He points out that FIDIC contract conditions don’t suit the Indian situations and may lead to international arbitrations hiking the cost of the project. He adds that AFD would [...] Continue Reading »
Today a loan agreement has been signed with the Government of India by the Japan International Cooperation Agency (JICA) to provide 1,40,000 million Japanese Yen of Japanese Official Development Assistance (ODA) for constructing the phase 3 of Delhi Metro under the Delhi Mass Rapid Transport System Project Phase 3 (II). This loan is successive to [...] Continue Reading »
With the completion of most of the land acquisition statutory clearances and the award of civil contracts for 1,100 km for the Dedicated Freight Corridor (DFC), project execution has actually begun. There are two legs of the Eastern corridor covered in the 1,110 km— Mughalsarai-Sonnagar and Khurja-Kanpur — and Rewari to Palanpur on the Western [...] Continue Reading »
Kolkata – The Kolkata Metro Rail Corporation (KMRC) has disposed the proposal of realigning the East-West Metro route due to massive increase in cost. KMRC is already bearing Rs 40 crore a day for delay in construction. This realignment of East-West Metro route was proposed to avoid the acquisition of 1.599 acres of land near [...] Continue Reading »
Two highway projects for road widening in Bihar, Jharkhand and Odisha have got approval from the Cabinet Committee on Economic Affairs (CCEA). The two projects approved by the CCEA include widening of Patna-Gaya-Dobhi section on NH-83 in Bihar project and Baharagora-Sambalpur stretch in Odisha and Jharkhand. As per official records, the total project cost is estimated [...] Continue Reading »
The hazardous waste being dumped in Hussainsagar Lake has been a contentious issue for the Hyderabad Metropolitan Development Authority (HMDA). In order to dredge the hazardous material out of the lake, the authority has decided to use the services of Environmental Protection Training and Research Institute (EPTRI). The lake cleaning project has been taken up [...] Continue Reading »
The apartments in Guwahati are struggling for a long time to an acute crisis of water. The situation will change in near future as two foreign-funded drinking water supply schemes will start providing 24 hrs water supply to households. The Guwahati Metropolitan Drinking Water and Sewerage Board reviewed the implementation schemes by Japan International Cooperation [...] Continue Reading »
Residents in Guwahati may be finally be relieved from the inadequate and poor sewerage system. It was recently announced by the Guwahati Metropolitan Development Authority (GMDA) that they will collaborate with a Japanese company to finally do away with the decaying sewerage system in the city. According to the agreement the GMDA will work along [...] Continue Reading »
