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Author: admin (Infratructure Today)

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Encroachments on Madurai-Theni h’way removed

Encroachments on Madurai-Theni h’way removed

Officials of the National Highways Authority of India (NHAI), Madurai division carried out an encroachment eviction drive at two places along the Madurai - Theni national highway (NH) on February 19. More than 150 temporary encroachments in front of the shops between Kalavasal Signal and Mudakkusalai were removed with the help of an earth moving vehicle.

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Maha road development corp awaits nod for ring road

Maha road development corp awaits nod for ring road

The Maharashtra State Road Development Corporation (MSRDC) is waiting for a go-ahead from the State infrastructure committee to start work on the proposed 170-km ring road around Pune and Pimpri-Chinchwad. The Corporation's officials said it would be a public-private partnership.

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Maha road development corp awaits nod for ring road

Maha road development corp awaits nod for ring road

The Maharashtra State Road Development Corporation (MSRDC) is waiting for a go-ahead from the State infrastructure committee to start work on the proposed 170-km ring road around Pune and Pimpri-Chinchwad. The Corporation's officials said it would be a public-private partnership.

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Compensation announced to ryots in Mohali road project

Compensation announced to ryots in Mohali road project

Decks have been cleared for Mohali airport road as the Greater Mohali Area Development Authority (GMADA) announcing the highest compensation rate in the district so far, at Rs 2.37 crore per acre to farmers for acquiring 46 acres, decks have been cleared for nearly 3 km of the proposed 8-km airport road, which would stretch the dividing road of Phases 7 and 8 of the Industrial Area in SAS Nagar further to connect with the Kharar National Highway (NH)-21.

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Compensation announced to ryots in Mohali road project

Compensation announced to ryots in Mohali road project

Decks have been cleared for Mohali airport road as the Greater Mohali Area Development Authority (GMADA) announcing the highest compensation rate in the district so far, at Rs 2.37 crore per acre to farmers for acquiring 46 acres, decks have been cleared for nearly 3 km of the proposed 8-km airport road, which would stretch the dividing road of Phases 7 and 8 of the Industrial Area in SAS Nagar further to connect with the Kharar National Highway (NH)-21.

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Govt grants licence for infra debt fund

Govt grants licence for infra debt fund

ICICI Bank, which is the largest shareholder of the first Infrastructure Debt Fund (IDF) under the non-banking finance company (NBFC) structure, received license for the fund from Finance Minister P Chidambaram. Following the receipt of the licence, commercial operations of the fund, named India Infradebt, would begin. Almost a year ago, the shareholders of the fund sign

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Govt grants licence for infra debt fund

Govt grants licence for infra debt fund

ICICI Bank, which is the largest shareholder of the first Infrastructure Debt Fund (IDF) under the non-banking finance company (NBFC) structure, received license for the fund from Finance Minister P Chidambaram. Following the receipt of the licence, commercial operations of the fund, named India Infradebt, would begin. Almost a year ago, the shareholders of the fund sign

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Govt aims upto Rs 35 bn from stake sale in SAIL

Govt aims upto Rs 35 bn from stake sale in SAIL

Before the end of the financial year 2012-13, the government plans to offload 10.82 per cent of its stake in state-owned Steel Authority of India (SAIL) and garner Rs 2,700-3,500 crore. The department of disinvestment (DoD) in holding discussions with the steel ministry on this matter and soo