An MoU has been entered into between the Ministry of Railways and the Ministry of Urban Development for integrated planning of railway stations in the cities included in the Smart Cities and AMRUT scheme.
Author: admin (Infratructure Today)
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Over 12 lakh houses sanctioned for urban poor
Under the Pradhan Mantri Awas Yojana (PMAY), launched in June last year, a total of 12,27,088 affordable houses for the Economically Weaker Sections (EWS) in urban areas have so far been approved with a total Central assistance commitment of Rs 19,682 crore of which Rs 6,172 crore has been already released.
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Steel sector contributes 2percent to GDP in 2015-16
The Indian steel sectorÂ’s contribution to overall Gross Domestic Product of the country was nearly 2 per cent during 2015-16.
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Strategic Petroleum Reserves created at 3 locations
Minister of State (I/C) for Petroleum & Natural Gas Dharmendra Pradhan has informed the Rajya Sabha in a written reply that under the Strategic Petroleum Reserve project Phase-I, underground rock caverns for storage of 5.33 MMT of crude oil at three locations, viz. Vishakhapatnam (1.33 MMT), Mangalore (1.50 MMT) and Padur (2.5 MMT) have been created.
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Demonetisation hits aviation sector
Domestic airlines have reported a 7-10 per cent drop in overall sales after the governmentÂ’s demonetisation move, according to a few news reports. Many travellers planning to travel during the peak winter season have apparently decided to postpone their travel plans.
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Govt, AAI ink deal for Patna airport revamp
The Airports Authority of India (AAI) and the Bihar government have agreed in principle on exchanging 13.5 acres of land for expansion of PatnaÂ’s Jayaprakash Narayan International Airport terminal building. AAI will spend Rs 850 crore on the new two-storey building with aerobridges.
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Inox Wind wins order from Roha Dyechem for 40 MW
Inox Wind Limited, a wind energy solutions provider, has bagged a repeat order for a 40 MW wind power project to be deployed in Gujarat from Roha Dyechem Private Limited. Established in 1972, Roha Dyechem Private Limited (RDPL) is one of the fastest growing manufacturers of natural & synthetic colours, specialising in the food & beverage, paints, fertilisers, cosmetics and pharmaceutical industries.
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ABB wins order to supply 1600 transformers to Indian Railways
ABB has won an order from Alstom to supply 1600 traction transformers for 800 new electric freight locomotives in India.
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Highways, shipping surge ahead on the back of infrastructure push
Union Minister of Road Transport & Highways and Shipping Nitin Gadkari has said that his two ministries have together spent a total of about Rs 4 lakh crore in the past two and a half years as they work towards building world class highways and shipping infrastructure in the country.
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SBI to raise Rs 5,000 cr in FY17 for infra, affordable housing
The country's largest lender SBI will raise Rs 5,000 crore to fund infrastructure and affordable housing during the fiscal by issuing long-term infra bonds.