India Infrastructure News
Gujarat to spend Rs 1.15-lakh cr on infra Dec 6, 2010
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Over Rs 1.15-lakh crore will be spent in the coming years on development of infrastructure facilities in Gujarat to attract more industries, Industry Minister Saurabh Patel said today. The sum will be spent on development of roads, power, ports and o...
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Alstom looks to ride India’s infra boom Dec 6, 2010
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France-based infrastructure solutions provider Alstom hopes to cash in on the Indian government’s focus on infrastructure and plans to step up investment in building manufacturing facilities in the country, its chairman and chief executive officer, P...
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Marg bags two PURA projects Dec 6, 2010
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MARG Limited, the integrated infrastructure company, has bagged two pilot projects under the Provision of Urban Amenities in Rural Areas (PURA). According to a press release from the company, the public private partnership initiative of the Ministry ...
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L&T bags Rs 716-cr Abu Dhabi order Dec 6, 2010
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Larsen & Toubro has bagged a Rs 716-crore infrastructure contract from the Department of Transport, Abu Dhabi, for the construction of ‘Sheikh Khalifa Interchange'. The site is 75 km from Abu Dhabi on and intersects Abu Dhabi–Dubai main road link...
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World bank approves $45 mn loan to NHAI Dec 2, 2010
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The World Bank has approved a $45 million technical assistance loan for the National Highways Authority of India (NHAI) to help improve its operational efficiency. The assistance will finance actions to strengthen the institutional capacity of NHAI t...
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MARG Properties to set up 2 more ports Dec 2, 2010
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MARG Properties, will set up two more ports in the Eastern coastal region, a top company official said on Wednesday. The Chennai-headquartered company already had a port in Karaikal and would set up another in Tamil Nadu and the second one in Andhra ...
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We will award 5 big-size road projects by Mar'11: Kamal Nath Dec 1, 2010
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The government on Tuesday said it will award five big-size road projects worth Rs 15,000 crore by March, 2011. "We would be awarding five mega road projects in the next 3-4 months," Transport and Highways Minister Kamal Nath told reporters here. The ...
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UK's PE player 3i to launch $3bn India infra fund Dec 1, 2010
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With the economic gloom over Europe refusing to lift, UK’s leading private equity player 3i is looking at India with hope. It is set to launch its $3billion (around Rs 14,000 crore) infrastructure fund for India next year. This is its second India fu...
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Centre allocates Rs 387 cr for railway projects in Orissa Nov 30, 2010
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The Government of India has allocated Rs386.73 crore for implementation of existing as well as new railway projects in Orissa in 2010-11. This is against the demand of Rs760 crore made by the state government. This was informed in the state assembly ...
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Construction for Navi Mumbai airport to begin in Oct 2011 Nov 30, 2010
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Actual construction on the Navi Mumbai international airport, which received the much-awaited environment clearances early this week, would begin in October next year as certain formalities remained to be done, said the City and Industrial Developmen...
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