Work on the proposed Delhi-Meerut expressway from Nizamuddin Bridge on Ring Road will be started by the Road Transport and Highways Department. This is one of the three expressway projects that the Prime Minister's Office (PMO) is monitoring with the target of awarding work in this financial year.
Author: admin (Infratructure Today)
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Rs one crore for Thane-Belapur road maintenance
For the annual maintenance of the 13-km-long Thane-Belapur road, the Navi Mumbai Municipal Corporation (NMMC) is planning to appoint two contractors. The NMMC is to spend around Rs 1 crore for the annual maintenance of the road.
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Villagers to give land for road in West Bengal
For four-laning of NH31D road project, over 150 families near Jalpaiguri town have come forward voluntarily to give their plots to the National Highways Authority of India. The road project has not taken off because of land acquisition protests. It is a key road project in north Bengal.
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Road works begin in UP’s Chak Ghajaria project
The Lucknow Development Authority is to build an IT City, IIIT, IAS training centre, Medicity/ super specialty hospital, Cancer Hospital, modern milk processing unit etc in the Chak Ghajaria farmlands. Now the ground work in the animal husbandry's farmlands in Chak Ghajaria on Sultanpur Road in Lucknow has started off.
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MSTC’s ship recycling yard to come up at Alang
The Union Steel Ministry controlled MSTC has proposed to set up an integrated ship recycling yard under the public- private partnership (PPP) at Alang in Gujarat. MSTC said that the project can bring in substantial revenue for the government in the form of taxes and levies on the real value of goods as recorded in the e-commerce transactions.
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Apeejay eyes shipping business to gain
Expecting momentum in global seaborne dry bulk trade, Apeejay Shipping has just bought ships hauling coal, iron ore and grains. It is also looking to foray into tanker, dredging or the OSV segment as business propositions in these segments improves.
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Patnitop ropeway may get SC’s nod: J&K govt
For the proposed rope-way, connecting Kud with Patnitop, the Jammu & Kashmir government is hopeful to get clearance from the Supreme Court, Jammu and Kashmir government said on November 18.
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Govt to miss targets to complete big infra projects
For the current financial year, the government will not meet its infrastructure investment target as hardly any progress made in five of the nine projects identified by the Planning Commission in consultation with the Prime Minister's Office.
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SBI to raise Rs 5,000 cr by March
Before next March, the State Bank of India (SBI) plans to raise Tier-II capital of about Rs 5,000 crore. The bank had announced earlier that it plans to raise over Rs 9,000 crore in Tier-I capital through the qualified institutional placement (QIP) route to strengthen its core capital.
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First oil storage facility to be commissioned in Jan
The Union government is to commission one of its three proposed strategic oil storage facilities in Visakhapatnam next January. This is going to be the country's first such crude oil storage facility. The other two crude oil storage centres are being built at Mangalore and Padur in Karnataka.