A portion of Trichy road, which was blacktopped overnight in a hurry ahead of President Pranab Mukherjee's recent visit to the city, has caved in after not being able to withstand the weight of the heavy vehicles plying on the street.
Author: admin (Infratructure Today)
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Residents to meet MoEF over Pedder Road flyover work
In Mumbai, Pedder Road Residents Association has sought a meeting with the Union Ministry of Environment and Forests (MoEF), which recently gave environmental clearance to the Pedder Road flyover project in Mumbai. The Union's act follows when the Maharashtra State Road Development Corporation (MSRDC) invited bids for construction of the stalled Pedder Road flyover. The project has been facing resistance from the local residents.
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Punjab CM’s plea to Centre to clear pending rural roads
Punjab Chief Minister Prakash Singh Badal on January 16 urged the Union Minister Jairam Ramesh to ensure speedy completion of all formalities related to construction of rural link roads under the Pradhan Mantri Gramin Sadak Yojna in the state.
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New Delhi’s roads getting a facelift
The New Delhi Municipal Council (NDMC) has been giving special treatment to its roads, especially to strengthen and improve durability of the roads. The civic body is now protecting roads falling under its jurisdiction by doing 'micro-surfacing treatment' as per road-wise suitability.
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Govt may not able to award 9,500 km projects by Mar
The Union Road Transport and Highways Ministry is unlikely to meet the target of awarding contracts for developing 9,500 km of roads by March end in view of the economic slowdown and delays in environment clearances.
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CCEA clears proposal to cap annuity allocation for PPP projects
The Cabinet Committee on Economic Affairs has approved the recommendations made by the Inter-Ministerial Task Force under the chairmanship of Member (BK Chaturvedi), Planning Commission on budgetary ceilings for annuity commitments under Public Private Partnership (PPP) projects across sectors. The recommendation of the committee would ensure that future budgetary options do not get restricted due to a
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Delhi govt seeks more central govt funds
Delhi Chief Minister Sheila Dikshit requested the central government to increase the size of grant to the state considering its huge expenditure on development of infrastructure and implementation of schemes through the direct cash transfer scheme. She said 65 per cent of the state government's budget is allocated to social sector schemes
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PNB clears plan to issue preference shares worth Rs 12.5 bn
In a statement filed at Bombay Stock Exchange, Punjab National Bank (PNB) said it approved the issuance of preferential shares worth Rs 1,250 crore to the central government. Accordingly, the state-run bank would issue preference shares with face value of Rs 10 each. The proposed preferential allotment will be subject to necessary appr
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RBI, fin min in talks on capital norms for banks
Reports suggest that the union finance ministry is in talks with the Reserve Bank of India (RBI) to relax capital adequacy norms for banks. The finance ministry wants the central bank to relax the norms in line with the recommendations made by the Basel Committee on Banking Supervision
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JSPL plans to start operation at 2 mn tpa unit by April
By April 2013, Jindal Steel & Power (JSPL) plans to commission 2 million tonne per annum (mn tpa) greenfield steel plant at Angul, Odisha. The plant is part of the 6 mn tpa integrated steel plant project being developed by the firm in the area. The Naveen Jindal owned company received 970.34 acre of g