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Author: admin (Infratructure Today)

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Work to begin on Metrino in 6 months: Nitin Gadkari

Work to begin on Metrino in 6 months: Nitin Gadkari

The government's ambitious Rs 4,000 crore 'Metrino' public transport project, which will enable people to travel in driver-less pods suspended to a ropeway in the national capital region, will hit the ground soon. A presentation has already been made before Prime Minister Narendra Modi and the entire Union Cabinet and the work will start within six months, Road Transport and Highways Minister Nitin Gadkari said.

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15 electric buses to hit roads in 6 months

15 electric buses to hit roads in 6 months

As many as fifteen electric buses, based on economically viable battery technology are being developed in collaboration with Indian Space Research Organisation (ISRO). These will hit the roads in six months on a pilot basis, Road Transport and Highways Minister Nitin Gadkari said.

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Logistic park along Lucknow-Agra E-way

Logistic park along Lucknow-Agra E-way

An MoU between the UP government and Container Corporation of India (Concor) of the railway ministry is to be signed soon to develop a Rs 4,500-crore logistic park along the country“s longest Agra-Lucknow Expressway.

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Brookfield buys nine projects in India

Brookfield buys nine projects in India

Gammon Infrastructure Projects Limited (GIPL) has decided to divest its entire stake in nine infrastructure projects to BIF India Holdings Pte Limited, jointly held by Brookfield Asset Management and its affiliates and Core Infrastructure India Fund Pte Limited.

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TNIFMC to raise $1 billion

TNIFMC to raise $1 billion

The Tamil Nadu Infrastructure Fund Management Corporation Ltd (TNIFMC), an asset management company (AMC) formed under the Tamil Nadu Infrastructure Development Board (TNIDB), plans to raise an alternate investment fund of around $1 billion to support infrastructure development in the State.