Metro rail projects
Consolidated Construction Consortium Ltd will focus on rate contract-based construction orders rather than large infrastructure projects, according to R Sarabeswar, Chairman and CEO. Addressing shareholders at the annual general meeting, the Chennai-based company which has gone in for corporate debt restructuring, said it will focus on construction contracts for factories, institutions and other structures, where [...] 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 »
Recently Chief minister Siddaramaiah presented the budget and announced that projects worth Rs 9,477 crore, to be implemented through the BBMP and the BDA, up from Rs 5,540 crore last year. The roads in Bangalore have been in miserable condition, adding to traffic woes in the city. City roads have been allocated Rs. 500 crore, [...] Continue Reading »
Metro project in Gujarat continues to face delays. Initial discussions were started in the year 2005. While the state government has approved the project, it is learnt that the detailed project report (DPR) is yet to receive centre’s approval. The project is handled by a special purpose vehicle (SPV) Metrolink Express between Gandhinagar and Ahmedabad [...] Continue Reading »
