As two road under bridges (RuBs) are expected to come up at East Anandbagh and Vajpai Nagar in Hyderabad, traffic woes of residents of Malkajgiri and surrounding areas may end soon. The roads and buildings (R&B) department and South Central Railway (SCR) will construct RuBs at East Anandbagh and Vajpai Nagar (Neredmet).
Author: admin (Infratructure Today)
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CM to evaluate Kochi metro progress on Oct 30
The progress on Kochi Metro rail project will evaluated by Kerala Chief Minister Oommen Chandy on October 30. The CM's evaluation programme was earlier scheduled on October 26. He will also discuss development plans for Kochi City to be implemented along with the metro construction.
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Vuda gets Rs 24.82 cr via auction of 63 plots
Through an auction of 63 plots, the Visakhapatnam Urban Development Authority (Vuda) has got a Rs 24.82 crore. The two-day auction of the plots in Visakhapatnam and Vizianagaram districts concluded in Visakhapatnam on October 18.
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Air India may get Rs 2,500-cr govt-backed loans
Air India is expecting to get sovereign guarantees for Rs 2,500 crore loans from the government next week. The State-run airline has tied up with 8-9 banks to raise the debt, to cover the shortfall in government funding to shore up its finances, sources in the airline firm said.
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Madurai satellite township gets Rs 120 cr
To create an integrated satellite township on the MaĂÂdurai-Tirunelveli four-lane road at Thoppur and Ucchampatti village, the Tamil Nadu Chief Minister J Jayalalithaa has announced a sanction of Rs 120 crore.
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Govt to build godowns to roll out food law
The Union government on October 17 allowed construction of intermediary godowns under employment guarantee scheme MGNREGA and has allocated Rs 450 crore for creating 15 lakh tonne of storage capacity across the country by March-end.
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Coastal to restructure its Rs 3,700-cr debt
Coastal Projects company is reported to have decided to go for restructuring of its loans worth Rs 3,700 crore. With Rs 500 crore, State Bank of India has the highest exposure to the Hyderabad-based construction company.
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‘ICTT operations should be entrusted to Cochin port’
The agreement between Cochin Port Trust and DP World for developing and operating the Vallarpadam International Container Terminal (ICTT) should be reviewed, say speakers at a seminar in Kochi on October 17. The seminar, ĂâSalvage Sinking Cochin PortĂâ was organised by the Cochin Voice, in Kochi.
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Illegal iron ore exports through ports to be probed
The Karnataka government has taken more initiative to probe into the illegal iron ore mining and export through ports in the state. A special court is to be established to try the cases related to the illegal iron ore mining. The Chief Minister Siddaramaiah will soon form a cabinet sub-committee to monitor and oversee all investigations.
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China’s Haitang Bay project includes dredging
In China, a contract worth Yuan 1.36 billion has been bagged by CCCC Fourth Harbor Engineering Co for water works of Haitang Bay in Sanya. The EPC contract period is two years. Located at Haitang Bay National Coastal Tourism Development Zone, the project is divided into south, central and north sections according to the preliminary design.