18 Sep 2023

Defence Minister Rajnath Singh inaugurated 90 border infrastructure projects worth Rs 2,900 crore by the Border Roads Organisation (BRO) across 11 states and Union Territories in northern and north-eastern regions. These projects encompass 22 roads, 63 bridges, a tunnel, two airstrips, and two helipads, including the vital Nechiphu Tunnel in Arunachal Pradesh and airfields in West Bengal. Since 2021, a total of 295 projects valued at around Rs 8,000 crore have been dedicated to the nation. Rajnath Singh praised the BRO's swift construction using advanced technology, highlighting their role in securing borders and fostering socio-economic development in remote areas.Read more

18 Sep 2023

In a major development, National miner Coal India Ltd (CIL) has unveiled plans to invest a whopping Rs 224,750 crore in 61 first-mile connectivity (FMC) projects, a move aimed at bolstering eco-friendly coal transportation. These projects, organized into three phases, are projected to have a combined coal-handling capacity of 765 million tonnes per annum (mtpa). FMCs, recognized for their safety and environmental benefits over conventional truck-based coal transportation, are at the forefront of CIL's strategy. This substantial investment is part of the Rs.20 trillion Aatmanirbhar Bharat Abhiyan package, with CIL making substantial strides toward full mechanization by 2027-28.Read more

18 Sep 2023

The Bhubaneswar Municipal Corporation (BMC) has introduced a pioneering initiative aimed at expediting various development endeavours. This innovative approach promises to streamline operations across multiple domains, including sanitation, urban beautification, the establishment of vibrant public spaces, as well as the construction of much-needed parking facilities and public restrooms. By creating a dedicated land bank, the BMC intends to ensure efficient allocation of land resources, thereby facilitating the swift execution of essential infrastructure projects. This strategic move is expected to significantly enhance the city's overall urban development.Read more

15 Sep 2023

The National Buildings Construction Corporation (NBCC) has secured a significant Rs 20 billion contract from the Kerala State Housing Board (KSBH). This project involves developing a 17.9-acre land parcel in Marine Drive, Kochi, Kerala. While the timeline for execution is yet to be determined, NBCC has also recently obtained a Rs 200 million contract from the Indian government for renovation and construction work at the Mint in Mumbai. This contract encompasses structural and non-structural repairs, renovations, and the construction of a transit camp in Mumbai's Mint colony, operating under Project Management Consultancy (PMC) regulations.Read more

15 Sep 2023

The Thane depot, a crucial component of the Mumbai-Ahmedabad bullet train project in Maharashtra, is set to be constructed according to Japan's Shinkansen depots' high standards. This 57-hectare depot will feature state-of-the-art infrastructure for safe train maintenance, including inspection bays, washing plants, and stabling lines. To address Thane's heavy rainfall, advanced drainage systems will be implemented, collecting and storing rainwater for various purposes. Additionally, the depot will recycle sewage and effluent, providing 70% of its water needs, and handle garbage with mechanized facilities. The project aligns with the bullet train's modernity and efficiency, incorporating eco-friendly and energy-efficient elements.Read more

15 Sep 2023

The Petitions Committee of the Karnataka State Assembly has given the Bangalore Development Authority (BDA) a one-year extension to complete the Nadaprabhu Kempegowda Layout (NPKL) project due to ongoing land acquisition cases. This decision came after the BDA explained its need for additional time to provide essential infrastructure. However, the committee expressed dissatisfaction with the BDA's repeated delays and the impact on the 10,000 allottees waiting to build homes. This case highlights the challenges of urban development and the importance of timely infrastructure provision. It also underscores the need for adherence to environmental guidelines in urban planning.Read more

15 Sep 2023

Chennai Metro Rail Limited (CMRL) is seeking a ?150 crore loan to purchase ticketing gates for a section of its phase II project, abandoning a public-private partnership plan. The project with an estimated cost of ?61,843 crore will receive financial assistance from various sources, including Japanese International Cooperation Agency (JICA), Asian Development Bank (ADB), and Asian Infrastructure Investment Bank (AIIB). Construction is underway for the 116-km phase II project in different parts of Chennai.Read more

15 Sep 2023

Recently presented at the G20 conference in New Delhi, the India-Middle East-Europe Economic Corridor (IMEC) holds great potential for Indian rail and infrastructure firms. The ambitious proposal for this corridor to improve connectivity between India, the Gulf area, and Europe stands to benefit businesses including Iron International, Rail Vikas Nigam Ltd, and Larsen & Toubro, as well as important ports. The IMEC seeks to lessen India's reliance on importing crude oil from West Asia and is considered as a rival to China's Belt and Road Initiative. In India's railway and infrastructure sectors, this development has sparked hope, indicating possible growth and prospects.Read more

14 Sep 2023

The Maharashtra State Road Development Corporation (MSRDC) intends to lease two plots, one in Pune's Mangalwar Peth area and another in Lodhivali, Raigad district, both spanning around 87 acres, for a 60-year contract. They anticipate raising over Rs 358 crore through lease rent and a one-time premium. The Pune plot, conveniently located near the airport and railway station, is 8,900 sq mts, with expected lease rent of Rs 53.40 crore and a one-time premium of Rs 120 crore. The Lodhivali plot, close to industrial zones, spans 345,950 sq mts and aims for Rs 20.75 crore lease rent and a one-time premium of Rs 164 crore.Read more

14 Sep 2023

Frustrated by the Pune Municipal Corporation's (PMC) delay in opening a bridge connecting Baner, Balewadi, Wakad, and Kaspate Vasti over the Mula River, residents filed a PIL in the Bombay High Court. The bridge, which cost over ?31 crore, was completed in the 2018-19 fiscal year but has remained closed. This has inconvenienced residents who are forced to take a longer route via the busy Mumbai-Bengaluru Highway to reach their destinations. PMC cites land acquisition issues as the reason for the delay, but residents seek court intervention to open the bridge promptly.Read more