The Government of India is increasing the amount of money spent on infrastructure development with nearly 205 projects being executed by the NHAI. Of these, there are 18 projects which cover around 800 km.
Author: admin (Infratructure Today)
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Govt identifies 26 port-rail connectivity projects
The government has identified 26 port-rail connectivity projects under its ambitious Sagarmala programme worth Rs.29,500 crore.
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Haryana Govt to form JV for industrial township
The HSIIDC and CFLD have formed a JV to develop an industrial township in around 1,500 acres of land, spread across Sohna and Manesar in the Gurgaon district, Haryana. The township will cost about Rs.33,595 crore.
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KC Valley project to be completed by August 17
Deputy Commissioner KV Thrilokchandra aims to complete the Koramangala-Challaghatta (KC) Valley project work by August 15, 2017. The project envisages treating of sewage water of Koramangala and Challaghatta valley in Bengaluru, and channelizing the treated water into tanks in Kolar district as well as Chintamani taluk of Chickballapur district.
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231 Namami Gange projects worth Rs.1500 cr launched
In its bid to fast-track execution of the ambitious Namami Gange programme, the government has launched 231 projects, including installation of sewage treatment plants and ghat constructions, at over 100 locations in seven states with an estimated cost of Rs.1,500 crore.
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Carlson Rezidor to construct 40 hotels by 2020
Carlson Rezidor will be completing 40 properties which will come on stream in the country by 2020.
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Govt signs MoU for Samruddhi Corridor
The Maharashtra government has signed a memorandum of understanding (MoU) with Malaysia-based CIDB Holdings for Nagpur-Mumbai Samruddhi Corridor. It is expected that the CIDB Holdings will invest sizable amount of funds from Rs.10,000 crore to Nagpur-Mumbai Samruddhi Corridor worth Rs.30,000 crore.
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GovernmentĂ´s non-tax kitty may touch 5-year high
The telecom sectorĂ´s contribution towards non-tax revenues of the Indian government in the current fiscal is likely to be the highest in the past five years due to the mega spectrum auction, which is likely to take place in September this year, ICRA said.
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Telecom operators to invest Rs.20,000 cr
Telecom operators assured the government that they would install 1 lakh new towers in the next 12 months, entailing an investment of Rs.20,000 crore, to rein in the call drop menace and give a fillip to the Digital India campaign.
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Government drops plan for Rs.17.5k crore funds for telecom
The government has dropped a proposal to create three funds worth Rs.17,500 crore for promoting production of telecom equipment in the country as it can be covered under the Electronic Development Fund, Parliament has been informed.