Karnataka Minister for Public Works Department H C Mahadevappa has said that the state government has proposed a 18 km Green Bypass Project costing Rs 2,200 crore. The funding is planned through assistance from Japan International Cooperation Agency (JICA) as a permanent solution to improve the condition of the Shiradi ghat road stretch.
Author: admin (Infratructure Today)
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Nashik Phata flyover to be inaugurated on 22 January
After six monthsĂâ delay, the much-awaited two-tier Nashik Phata flyover in Pune is finally expected to be inaugurated on 22 January 2014. The flyover is the first-of-its-kind project in India crossing the Pavana river at 206 m and rail overbridge (ROB) at 110 m.Built at an investment of around Rs 140 crore, the flyover is well connected to the IT hub at Hinjawadi and the upcoming Chakan airport.
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Rs 1.5k cr road projects on deck
India is home to several bad roads be it the metropolitans, the cities or the villages. Bad road conditions are nothing new to India and the problem is being addressed since the last 30 years. However, of lately, many road projects have been sanctioned by the government and are up for bidding.
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2nd China Airport Development Summit 2014
The 2nd China Airport Development Summit 2014 will be held on 17th-18th, April in Shanghai, China. The summit organized by China Decision Makers Consultancy (CDMC Events). The summit gathers Government, Authorities, Airport Management Company, Airport Group, Information Technology System, Security System, Architectural Institute, Airport Construction Company, Consultant Company.
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Bhupali Gursale: Views on WPI Inflation for December 2013
WPI inflation has decelerated substantially driven by easing of inflation in food articles. Food inflation has moderated to 13.7% from 19.9% in the previous month led by cooling vegetable prices and the normalization of their prices is likely to continue.
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EC nod to fast-track project execution
The first two weeks of the new year witnessed some positive actions in the infrastructure space. And to everyone's surprise, the Ministry of Environment and Forests (MoEF) has led the way. M Veerappa Moily has swung into action after taking additional charge of MoEF apart from his petroleum and natural gas portfolio.
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Government capex picks up, private sector remains muted
The governmentĂâs capital expenditure has been increasing by 29 per cent quarter-on-quarter, steadily over four quartersĂâas the December quarter figure of Rs 1 lakh crore indicates. Centre for Monitoring Indian Economy (CMIE) data indicates that the investment for the third quarter is the highest record in the last six quarters
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A brief on Sahar Elevated Road Ăâ (From WEH to Chhatrapati Shivaji International Airport)
The elevated road was conceptualized as there was no direct access to the International Airport. Now, this very soon-to-be-completed Sahar Elevated Road will facilitate easier and quicker access to the travelers proceeding to and from the Chhatrapati Shivaji International Airport (CSIA). This elevated road provides direct connectivity between the Western Express Highway and Terminal-2 of CSIA to be commissioned shortly.
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More than 3,000-km highway projects yet to take off
More than 3,000 km of highway projects awarded about two years back under the public private partnership (PPP) mode are yet to take off. Both government and private parties are to blame for this mess. The reason for this delay can be attributed to government bodies for delay in taking policy decisions, banks who have become more stringent while sanctioning loans and are asking for 100% land availability as a pre-condition, dip in economic growth leading to decrease in traffic flow.
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Provisioning norms eased on loans for low-income housing
Credit Risk Guarantee Fund Trust for Low Income Housing (CRGFTLIH)is established by government of India to cover advances provided for low income housing.