In Pimpri Chinchwad Municipal Corporation (PCMC) limits, traffic sign boards and other road safety works will be installed soon on two Bus Rapid Transit (BRT) corridors Nigdi-Dapodi and Sangvi-Kivale by January next year.
Author: admin (Infratructure Today)
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Air Costa plans to invest Rs 618 cr
The first regional airline from Andhra Pradesh Air Costa has unveiled plans to invest about Rs 618 crore ($100 million) over the next two years and about Rs 3,092 crore ($500 million) over 15 years. It plans to have a fleet size of 25 aircraft by 2018.
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World Bank asks South Asia to reform for growth
The World Bank has said that growth in South Asian countries will dip in 2013-14 and countries must revitalise structural reforms to ensure their region returns to the ranks of the world's fastest-growing economies and cuts poverty.
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Indiabulls cuts home loan rates by 15 bps
Treading in the footsteps of State-run banks, Indiabulls Housing Finance on October 10 slashed home loan rates by 0.15 per cent to 10.25 per cent. To woo customers, the government banks have reduced lending rates during the ongoing festive season.
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Agitation hits port operations in AP
The ongoing agitations against bifurcation of Andhra Pradesh have hit port operation in the state. The power outage caused by strike by electricity department employees have affected port operations including cargo handling and evacuation of shipments in the last three days.
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Palghar locals holds protest against cargo port
Opposing the proposed cargo-handling port by JSW Infrastructure in Palghar taluk, residents of the area observed a Black Day on October 8. Even the local peoples representatives including MPs and MLAs took part in the protest.
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Plea to shift proposed major port to Ramaiahpatnam
Businessmen in Ongole in Andhra Pradesh have urged the Union government to establish the proposed major port at Ramaiahpatnam of Prakasam district instead of Dugarajapatnam in Nellore district. The businessmen claimed that the major port was originally planned at Ramaiahpatnam and appealed to the Centre not to shift it to Durgarajapuram.
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Feasibility report soon on Vizag satellite port
There is a further progress in the efforts of the Visakhapatnam Port to expand a satellite port near the 17th century Dutch township of Bheemunipatnam in the country's east coast as Delhi-based consultant has come forward to submit a detailed feasibility report (DFR) on next month.
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C & C Construction bags Rs 323 cr road contracts
In Himachal Pradesh, infrastructure company C & C Construction has won fresh orders worth Rs 323 crore for widening of two road stretches. Himachal Pradesh Road and Other Infrastructure Development Corporation (HPROIDC) has entrusted the orders to the company, the company stated on October 10.
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Kerala to launch ferry services for passengers
To launch ferry services for passengers between its capital Thiruvananthapuram and Kozhikode through the marine highway, the Kerala Government is to buy four high-speed catamarans. It has sanctioned Rs 3 crore to form the Coastal Shipping Promotion Fund to extend financial aid to ferry operators.