The funds thus raised would provide impetus to various ambitious plans of the Government of India towards development of infrastructure sector in India. New Delhi, March 12, 2024 IIFCL received overwhelming response to its fund raising programme through bonds/debentures with subscription of Rs 3,494.50 crore which is nearly 7x of the base issue size of...
Author: admin (Infratructure Today)
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Metro Rail sustainability suffering from affordability & connectivity
An affordable fare structure & an efficient last-mile connectivity are vital for Metro Rail The Second Metro Rail Conference was organised by FIRST Construction Council (FCC) in collaboration with Construction World and Infrastructure Today magazines In an unprecedented surge underscoring the vital role of metro systems in enhancing the quality of life and spurring economic...
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Dr E Sreedharan, India’s ‘Metro Man’ & India’s Top Metro Rail CEOs converge in Mumbai for CW Metro Rail Conference
More than 25 speakers – from over 10 metro rail corporations, technology experts, & transportation experts – will engage in crucial conversations regarding the sustainability, growth, and financial resilience of the Indian metro rail sector. Mumbai In the next couple of years, India’s metro rail network, which is expanding at an unprecedented pace, is likely...
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Road Contracts awarded drop to less than half!
As per CW reports up to January 2024, only 3,481 kms have been awarded Last year, the length of national highways constructed across India was 10,331 kms at the rate of 28.3 kms per day. This year, the target was set at 13,800 kms at the rate of 37.8 kms per day. However, by the...
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Synergy Steels clinches Award for Best Environment & Pollution Control Practices, 2023
Synergy Steels has implemented a holistic strategy to fortify sustainability across its manufacturing procedures and supply systems – achieving the highly esteemed recognition in environmental stewardship. Synergy Steels Limited, a leading stainless steel company with its manufacturing facility in Alwar, has been honoured with the prestigious India Green Award for Best Environment and Pollution Control...
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Will QCBS phase out L1 for Infrastructure Procurement?
The limits for QCBS system of procurement have been lifted says Pratap Padode, Founder & President, FIRST Construction Council who has been a strong proponent of the QCBS system of procurement. Read on… The limits for QCBS system of procurement have been lifted says Pratap Padode, Founder & President, FIRST Construction Council who has been a strong...
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Noida Airport to soon link with rail routes
After a rapid rail corridor from the Delhi-Meerut line, Noida International Airport (NIA) is now set to be connected with the Indian Railways network. The state government had proposed to link the NIA with Bulandshahr’s Chola railway station, which is on the Kolkata-Amritsar eastern freight corridor. On the western side, it wanted the airport to...
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E-Mobility: Delhi to roll out 500 low-floor electric buses
The Delhi Transport Corporation (DTC) is set to roll out a fleet of 500 low-floor electric buses. The move, seen as another step towards sustainable urban transportation, will help the DTC expand its electric fleet to about 1,300 vehicles. The Delhi government plans to replace all CNG low-floor buses in the city by the end...
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First phase of Dholera Smart City nearly completed
Gujarat Chief Minister Bhupendra Patel visited the Dholera Special Investment Region (SIR) as part of preparations for the upcoming 10th Vibrant Gujarat Global Summit 2024 to inspect progress of the industrial smart city and its infrastructure projects. DSIR will be a major beneficiary of the Delhi-Mumbai Industrial Corridor (DMIC) and dedicated freight corridor (DFC), with...
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PM Modi launches Varanasi Smart City website
Prime Minister Narendra Modi laid the foundation stone and dedicated to the nation multiple development projects worth around Rs 191 billion in Varanasi, Uttar Pradesh. Under the Smart City Mission, a website for detailed tourist information and the unified tourist pass system was launched by the PM. The unified pass will provide a single platform...