To ease traffic burden on the highway stretch between Kolathia Square and Khandagiri Square in Bhubaneswar, the city police have discussed with the National Highways Authority of India (NHAI) and proposed to build a flyover on the stretch. The development takes place following an accident on December 1, om which three were killed.
Author: admin (Infratructure Today)
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NHAI to collect toll on Padil-BC Road from Dec 5
In Mangalore, the National Highways Authority of India (NHAI) has decided to collect user fee on the 18.60 km National Highway Road from the city to BC Road from December 5 midnight. With this, travel for Mangalore commuters on BC Road is to become more costly.
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Land acquisition resumed for key road in Kochi
In Kochi, for the 10 km long ThevaraĂâ Thykoodam Bund Road work, land acquisition has been resumed. For the last few months, the land acquisition work was held up. Now the land acquisition is in the final states, say media reports.
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Govt awards 13 port projects worth Rs 5,515 cr
During April-November period, the Union Shipping Ministry has awarded Rs 5,515 crore worth 80 million tonne projects. The awarded projects are more than 70 per cent of the 114 mt awarded last year at an investment of Rs 5, 515 crore, say media reports.
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Chennai port opens parking yard to ease traffic jams
To ease traffic congestion of container-laden vehicles going to the Chennai harbour, the
Chennai Port Trust (ChPT) will operate a parking yard at Tiruvottiyur in north Chennai. First the container trucks will have to visit the yard, get all documents verified and proceed to the port. This procedure will prevent vehicles waiting at Ennore Expressway from holding up traffic.
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Air Costa to launch flights from Hyd on Dec 10
Regional airline from Andhra Pradesh Air Costa is starting its operation from Hyderabad from this December 10. Air Costa was launched in October by the LEPL Group. The airline is to operate flights from Hyderabad to Chennai, Vijayawada, Jaipur, Ahmedabad and Bangalore.
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ICICI Venture to raise Rs 1,685 cr
The proposed ICICI Venture infra fund, which aims to invest in assets such as roads, ports, airports and seaports and infrastructure companies, has secured investment commitments of up to $270 million (Rs 1,685 crore) from major companies like LIC.
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ICICI Venture to raise Rs 1,685 cr
The proposed ICICI Venture infra fund, which aims to invest in assets such as roads, ports, airports and seaports and infrastructure companies, has secured investment commitments of up to $270 million (Rs 1,685 crore) from major companies like LIC.
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India expects World Bank’s GIF to be ready by April
For its proposed Global Infrastructure Facility (GIF) that will finance core projects in emerging economies like India, the World Bank is expected to finalise the GIF's shape by next April, says an official in India's Finance Ministry.
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Economy grows sub-5% in July-September quarter
Union government's data shows that IndiaĂâs economy expanded 4.8 per cent in July-September, the fourth straight quarter of sub-5 per cent growth. The major drags for this were slower expansion of government-supported services and continued contraction in the country's mining sector.