India Infrastructure News
Cabinet nod for highway projects worth Rs 11,000 cr Jan 11, 2011
The National Highways Authority of India (NHAI) has got an approval to invite financial bids for developing highway projects worth Rs 10,963.39 crore. The qualifying bid process for these projects is already over.
The inter-Ministerial committ...
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L&T eyes monorail project in Gujarat Jan 10, 2011
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After bagging contract for the country's first monorail in Mumbai, construction major L&T is now eyeing a similar project in Gujarat. A monorail is a rail-based transportation system based on a single rail, which acts as its sole support and its ...
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Tanti Group arm eyes industrial parks foray in Gujarat Jan 10, 2011
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After tasting success with its special economic zone (SEZ) in Vadodara, Pune-based integrated infrastructure solutions provider Synefra Engineering and Construction Ltd. - a Tanti Group company, now plans to expand its operations in Gujarat. The comp...
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Govt hopes 30% infra spend from overseas Jan 10, 2011
The government exuded hope that a whopping 30 per cent of the targeted USD 1 trillion (Rs 45.37 lakh crore) investment towards infrastructure development in the next Five Year Plan ending 2017 would come from overseas.
"We aim to invest USD 1 ...
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ADAG promoter to invest Rs 1,600 cr in R-Infra shares Jan 7, 2011
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A promoter of the Anil Ambani-controlled Reliance group is expected to invest around Rs 1,600 crore in the equity shares of its group company, Reliance Infrastructure. Following this, the promoter company, AAA Project Ventures’, stake in Reliance Inf...
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Ennore port plans to raise Rs 400 crore Jan 7, 2011
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Ennore Port Ltd, country’s first corporate port owned by the Union government, is planning to raise around Rs 400 crore through a private placement of shares to part-finance expansions. The port administration has said it may also look at initial pub...
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Bihar gets extra Rs 1,000 cr for infrastructure projects Jan 7, 2011
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The Union cabinet today approved an increase of Rs 1,000 crore in the grant for setting up infrastructure projects in Bihar during the current financial year, under the Backward Regions Grant Fund (BRGF) scheme.The BRGF, approved by the government fo...
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L&T unit bags orders worth Rs 1,181 crore Jan 7, 2011
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Larsen & Toubro's Buildings & Factories Company has secured orders totalling Rs 1,181 crore for construction of residential buildings and factories in the third quarter of this fiscal. L&T said the orders for the residential segment from ...
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Maytas Infra wins NHAI contract Jan 7, 2011
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Maytas Infra Ltd informed the BSE that it has bagged a contract valued at Rs 372.64 crore from the National Highways Authority of India (NHAI) for four-laning a road stretch in Assam. The company has received a Letter of Acceptance from NHAI. — Our B...
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GMB non-major ports capacities double in 10 yrs Jan 6, 2011
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The port capacity of the non-major ports in Gujarat has registered over 100 per cent growth in past ten years, rising from 135 million tonnes per annum (MTPA) in 2001-02 to 273 MTPA per annum in 2010-11, an official communique informed today. Gujarat...
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