Asian Development Bank (ADB) said it supports India's commitment to build more infrastructure and will increase its lending to $10-12 billion till 2018. ADB President Takehiko Nakao met Finance Minister Arun Jaitley and praised India's strong economic performance in the face of weak global growth.
Author: admin (Infratructure Today)
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Sovereign, pension funds may invest $50 bln in India
India is an attractive destination for global sovereign and pension funds as they are expected to invest up to $50 billion in infrastructure sector over the next five years, says a report by Ambit and The City of London Corporation.
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EPFO to invest in G-secs for infra
Retirement fund body Employees' Provident Fund Organisation (EPFO) will park more funds in public sector bonds to boost infrastructure development programmes and continue to invest in equities, Union Labour Minister Bandaru Dattatreya said.
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India is one of the fastest growing markets for tunnel construction
Underground works in urban areas are the need of the hour. Mostly, all the cities in India are developing their underground metro transit systems, but Delhi is the first city to initiate this level of development and tops the chart. Phase-III of DMRC envisages 140 km of metro systems, out of which 50 km is underground.
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Herrenknecht has a wide and long experience as well as a lot of references in India
Tunnels play a key role in many projects, because they are very often key components on routes. Modern tunnel boring machines and construction technologies make it possible to build routes that run very close to ideal lines, bringing a real breakthrough for routes that would have been inconceivable in earlier times.
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Tunnelling into the future
Those gargantuan machines painstakingly threading their way beneath hills, roadways, mountainous terrain and beneath the ground in many of India's cities over the last few years have accomplished much
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Engineers’ edge
He pointed to the church he probably attended every Sunday as a boy, growing up in a small town in Pennsylvania in the US. His fingers moved across the screen of his mobile phone, as he flicked over the live images one after the other, pointing out a few more landmarks from his home-town.
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EPC contracts: a bird’s eye-view
India, being one of the major developing economies, has seen significant growth in the infrastructure sector in the last few years. Such infrastructure projects usually require expertise and specialised resources in specific arenas within the project, mooting for the parties to enter into Engineering Procurement and Construction (EPC) contracts.
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Master plan for port-based manufacturing zone
Odisha state government has initiated the task of preparing the master plan for developing a port based manufacturing zone at Dhamra.
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Allcargo to set up a logistics park in Haryana
Allcargo Logistics plans to set up a logistics park in Jhajjar district of Haryana, mainly to cater to the growing container traffic in the northern parts of the country. 'Allcargo has in-principle approved setting up a logistics park in Haryana.