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Author: admin (Infratructure Today)

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Indore roads to get facelift at Rs 20 cr

Indore roads to get facelift at Rs 20 cr

By spending Rs 20 crore, the Indore Municipal Corporation (IMC) will undertake beautification work of six major roads of the city. Tenders for the project have been floated. The cost of the project would be borne by the State government.

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Pedder Road flyover project in Mumbai face hurdles

Pedder Road flyover project in Mumbai face hurdles

The Pedder Road flyover project in Mumbai has hit another stumbling block. Tenders for the much-delayed project have already been floated by the Maharashtra State Road Development Corporation (MSRDC) but other government agencies have expressed reservations.

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Tardy work on national highway 66 in Udupi blamed

Tardy work on national highway 66 in Udupi blamed

Pointing out that there had been no progress in the work on NH 66 in Udupi district of Karnataka, K Raghupati Bhat, MLA, on January 26 accused Udupi-Chikmagalur MP K Jayaprakash Hegde of failing to expedite work on the widening of the National Highway 66. Bhat told the media in Mangalore that there had been no progress in the work on NH 66 ever since Hegde became an MP.

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Chennai’s Thiruvanmiyur to get four-lane flyover

Chennai’s Thiruvanmiyur to get four-lane flyover

In Chennai, work to construct a 1.3 km-long flyover crossing three junctions in Thiruvanmiyur is likely to commence by September. According to the proposal, the flyover will cross the Jayanthi-Theyagaraja theatres junction, the one after the Marundeeswarar temple and the RTO office.

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Punjab appoints consultant for Nawanshahr road project

Punjab appoints consultant for Nawanshahr road project

The Public Works Department (PWD) of Punjab has appointed Consulting Engineering Services (CES), New Delhi to prepare a detailed project report (DPR) of proposed four-laning of 82 km Ropar-Nawanshahr-Phagwara, which will submit its report in two months to the department.

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Four-laning of Jalandhar-P’kot h’way misses deadline again

Four-laning of Jalandhar-P’kot h’way misses deadline again

Work on four-laning on the busiest Jalandhar-Pathankot national highway 1 has once again missed its deadline. Originally worth Rs 576 crore, the project — which has missed several deadlines in nearly five years — has seen an increase in construction cost by 30 per cent (Rs 750 crore).

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AI’s Dreamliner fleet to remain grounded till Feb 17

AI’s Dreamliner fleet to remain grounded till Feb 17

Newly bought six Boeing 787 Dreamliners of Air India would remain grounded till February 17, with further delays expected in the tests being carried out by US and Japanese authorities on the faulty lithium ion batteries used in the aircraft. This means that the newest aircraft in the airline fleet will remain grounded for a month as it was on January 17 that Air India had grounded its Boeing 787 fleet, after the DGCA issued a directive following an advisory by the US regulator Federal Aviation A

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SKS completes Rs 411 cr worth securitisation deal

SKS completes Rs 411 cr worth securitisation deal

So far in 2012-13, SKS Microfinance clinched five securitisation deals aggregating to Rs 411 crore with banks. The fifth one was a Rs 52.62 crore securitization deal that the bank entered into recently with a private sector bank and which is rated A1 {SO). Meanwhile, it may be noted that the company announced a net profit of Rs 1.2 crore during October-December 2012, after suffering losses in seven consecutive qua