In a major funding push to the country’s highway sector, South Korea has expressed its interest to invest in big-ticket road infrastructure projects in India and the Mumbai-Nagpur Expressway is on top of its list for investment, said official sources, claiming that Seoul has already prepared a proposal for the Rs.45,000-crore project and submitted it […]

Assam government has started a process to set up a technology incubation centre at Guwahati Biotech Park, seeking to promote new businesses in biotechnology and allied areas. Initiative will facilitate faster penetration of biotech industry and accelerate research & development activities in biotechnology and related fields with effective utilisation of the rich natural resources of […]

Nila Infrastructures has received a work order from Adani Group’s Shantigram Estate Management for construction of ‘Inspire Business Park’ project (basement and towers CH1 to CH9) at Shantigram, Ahmedabad. EPC contract will entail an investment of Rs 511.1 million. Project involves overall construction covering about 4,00,000 sq ft built-up area and is expected to be […]

Country’s fastest growing and renowned infrastructure player, Tata Projects in joint venture Daewoo has been declared lowest bidder in the two packages of Mumbai Trans Harbour Link Project (MTHL), said official sources that MMRDA opened bids for 2 packages of Mumbai Metro Trans Harbour Link project, a landmark mega infrastructure project in heavy civil engineering […]

State urban development and housing department minister Suresh Kumar Sharma on Friday said work on Patna metro rail project would commence from 2019. To begin with, the six-km long stretch between Mithapur and proposed inter-state bus terminal on Patna-Gaya Road will be covered, the minister added.”The Centre recently came up with a new policy for […]

A modern bus terminal will be constructed in Puducherry at a cost of around Rs 300 crore, under the Smart City project. Facility will help commuters to stay overnight.

B.Seenaiah & Company (BSCPL)has bagged the Rs.369.53 crore Balanagar-Narsapur X crossroad flyover project in Telangana. Municipal administration and urban development department has given the company two years to complete the project under the Strategic Road Development Plan (SRDP). Foundation stone for the project was laid in August 2017. Total cost of the project is about […]

Cabinet Committee on Economic Affairs (CCEA) recently cleared the doubling of Daund-Manmad rail line with a length of 247.5 K.M. and entailing an investment of Rs.2,330.51 crore. Project is likely to be completed in next five years by 2021-22. Doubling of this section would not only speed up the operation of goods and passenger trains, […]

Country’s real estate building giant DLF has recently secured the environment clearance for its Rs.240 crore commercial project which is to come up at Patto village in Goa. Proposed commercial complex, to be constructed on a 18,120 square meter land parcel, would have eight small screen multiplexes for small gatherings and it will be the […]

State-owned NBCC  today said it has awarded the contract to redevelop ITPO Complex at Pragati Maidan in the national capital to Shapoorji Pallonji group for Rs. 2,150 crore. NBCC is working as a project management consultant on this project and will get a fee on the project cost at 6.5 per cent. Revenue booking from […]