In Chennai, the Rs 600 crore Ennore Manali Road Improvement Project (EMĂÂRIP) would miss the DeceĂÂmber deadline for its completion due to some hindrances. EMRIP was proposed in 1998, which envisages improvement of about 30 km road network in North Chennai to ease flow of truck traffic from CheĂÂnnai and Ennore ports and improve road connectivity between ports to national highway network.
Author: admin (Infratructure Today)
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Illegal structures removed along Mumbai-Agra h’way
The Nashik Municipal Corporation's (NMC) anti-encroachment department has removed illegal structures on the Mumbai-Agra highway on November 14. Food and tea stalls, and other illegal structures along the highway were removed by the civic body with the help of National Highways Authority of India (NHAI) and the city police.
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ABG Shipyard’s Rs 11,000 cr loan may be restructured
On the proposal to restructure Rs 11,150-crore loan extended to ABG Shipyard, a group of lenders led by ICICI Bank may take a decision soon. ABG Shipyard is the country's largest privately owned shipbuilding company.
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No cracks on metro train route: DMRC
There are no cracks on Dwarka-Noida City Centre (Line 3) Metro train route, The Delhi Metro Rail Corporation (DMRC) has stated on November 14. It also denied all media reports on the cracks. DMRC made it clear that they were signs of epoxy used in repairing work.
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GVK ties-up with Indonesian govt for Java airport project
To build a second airport in Yogyakarta of Java city in Indonesia, GVK Power & Infrastructure is joining hands with the Indonesia's State-owned infrastructure firm PT Angkasa Pura I. Angkasa Pura will fund the project through loans or equity.
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Goa to earn Rs 1,500-cr by selling extracted iron ore
From the e-auctioning of extracted iron ore, the Goa government is expecting to earn a revenue of Rs 1,500 crore. The iron ore is lying at various jetties and mining sites in the state as the mining ban in imposed by the Supreme Court.
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Bengal’s 1st pvt airport to be operational in April
Bengal Aerotropolis Projects (BAPL) has said that flight operations at the proposed Andal airport would begin on April 15, 2014. BAPL, a joint venture between Changi Airports International (26 per cent) and four Indian companies is the promoter of BengalĂâs first private airport near the Durgapur-Asansol industrial area.
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No hurry to shut forex facility for oil firms: RBI
The Reserve Bank of India (RBI) will not hurriedly close a special window for oil marketing companies (OMCs) to buy dollars for crude oil imports, said the RBI Governor Raghuram Rajan on November 13. The RBI is striving bring stability in the currency market.
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Kohima’s places to be connected by cable cars
Nagaland capital Kohima city's parts are going to be connected by cable cars by ferrying people from one place to the other in the city. The project will be implemented in association with a local partner under the guidance of architect Alfredo Brillembourg, who chairs architecture and urban design at the Swiss Institute of Technology in Zurich.
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Gayatri posts Rs 21-cr profit in Q2
Hyderabad-based Gayatri Projects has posted a net profit of Rs 20.84 crore for the second quarter ended September 30, 2013 against a profit of Rs 12.92 crore for the corresponding period last year.