The Asian Development Bank (ADB) and the Government of India signed an $80 million loan agreement to continue improving infrastructure in two North Eastern State Capital cities.
Author: admin (Infratructure Today)
Post
Post
Shipping Ministry to invest Rs.14,225 cr on port projects
In order to bring the Major Ports in India at par with its contemporaries across the world, Ministry of Shipping has been emphasising on creation of additional capacities through development and construction of new berths/terminals, revamp of existing berths and terminals and other modernisation projects.
Post
Rs.2 lakh cr for Maha road projects
A total of Rs.2 lakh crore will be spent on expanding as well as building new roads in Maharashtra in next five years, Union Minister Nitin Gadkari said here today.
Post
India taking steps to address infra woes: Jaitley
Emphasising that India is taking steps to address problems in the infrastructure sector, Finance Minister Arun Jaitley said multiple institutions are required to meet the funding requirements in this space. Arun Jaitley
Post
FinMin to release Rs.32,000 cr for IR
In some relief to the railways, the finance ministry has restored support to IR from general exchequer to the tune of Rs.32,000 crore for the current fiscal.
Post
Cochin Port Trust and CONCOR sign MoU
Cochin Port Trust and CONCOR have entered into a MoU for the running of weekly container train service from Irugur ICD, Coimbatore to ICTT Vallarpadam, Cochin Port. The traiCochin Port Trust and CONCOR have entered into a MoU for the running of weekly container train service from Irugur ICD, Coimbatore to ICTT Vallarpadam, Cochin Port. The train from Irugur will start on all Saturdays and the return from Cochin on all Thursdays.n from Irugur will start on all Saturdays and the return from Cochin
Post
Coastal road final alignment plan delayed by three months
The much-anticipated coastal road project is set to delay further by at least three months with the Maharashtra Coastal Zone Management Authority instructing the BMC to revise its plan to reduce extent of mangrove to be affected.
Post
Ministry of Shipping initiates Proj Green Port
Weighing in the environmental perspective for sustained growth, the Ministry of Shipping has started ´Project Green Ports´ which will help in making the Major Ports across India cleaner and greener.
Post
Shipyard industry gets infra status
The government has granted infrastructure status to the shipyard industry in a boost to its Make in India initiative. The move is expected to bring down borrowing costs for the industry. At present, companies pay average interest of 14-15 per cent on their borrowings.
Post
Govt to develop three new ports in 2016: Gadkari
As part of its plan to develop ports and boost maritime trade, the government would develop three major ports in the country this year.