Following its parent IL&FS approving a Rs 80 billion recapitalisation plan for the company, road developer IL&FS Transportation Networks (ITNL) is planning to bid for projects worth Rs 40 billion.
FlashNews:
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Author: admin (Infratructure Today)
UAE commits $75 billion towards infrastructure development in India
Being IndiaĆās third largest trading partner, UAE has invested over $5.3 billion in India, of which $75 billion is committed towards infrastructure development in India.
IRB Infra surges over 5% on strong results
The shares of IRB Infrastructure Developers have surged as much as 5.2 per cent to Rs 204 with a 5 per cent increase in net profit at Rs 2.5 billion for the quarter ended June 30, 2018, against Rs 2.38 billion in the previous yearĆās quarter.
Sri Lanka, China, India jointly invest to develop Lankan ports
In order to develop three key ports in Sri Lanka, over $ 700 million will be invested by Sri Lanka Ports Authority (SLPA), China and India jointly.
Now digital mapping for Varanasi’s water and wastewater resources
Varanasi Nagar Nigam (VNN) will install Geographical Information System (GIS) and Management Information System for the city under the Ganga Action Plan-II. The project is part of the institutional development program, financed by Japan International Cooperation Agency (JICA).
Cabinet approves additional 6.5 MMT petroleum reserves
The Union Cabinet has approved establishment of additional 6.5 million metric tonne (MMT) Strategic Petroleum Reserve (SPR) facilities at two locations
Saudi ARAMCO and ADNOC sign MoU
Saudi Aramco and ADNOC signed a memorandum of understanding
All meters to be smart prepaid in 3 years
The Minister also advised the officials of the Ministry to consider making smart prepaid meters mandatory after a particular date.
Kannur Airport to be operational by Sep
Kannur airport will be provided with all possible help to make it fully operational by September this year.
Sanitation action plans prepared for 10 new Swachh iconic places
Ten new heritage sites of the country firmed up action plans for raising their sanitation standards to exemplary levels.



