The Eastern Freeway in Mumbai has been very useful to commuters, but it has also added to the bottleneck at Panjrapole junction in Chembur. To avoid this, the Mumbai Metropolitan Region Development Authority (MMRDA) now plans to ease the congestion at Panjrapole junction in Chembur by building an additional flyover.
Author: admin (Infratructure Today)
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Odisha to extend road in Maoist-hit Koraput
To improve road network in Maoist-hit areas in the Odisha-Andhra Pradesh border, the Odisha government has planned to convert the single-lane State highway (SH-51), connecting Laxmipur in Koraput district and Andhra Pradesh border, to double lane.
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Odisha to get Rs 1,493 cr for rural roads
Under the Pradhan Mantri Gram Sadak Yojana (PMGSY), 881 rural road projects of 2,982 km length worth Rs 1,493 crore have been sanctioned to Odisha by the Union government. This was disclosed by the Union Rural Development Minister Jairam Ramesh in a letter to the Odisha Chief Minister Naveen Patnaik.
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Work on Lucknow Metro rail to start in Dec
In Lucknow, the first phase of Metro rail project would commence in December. The registrar of companies on October 8 approved the name of Lucknow Metro Rail Corporation (LMRC). The first phase would include work on Amausi-Alambagh, Alambagh-Mahanagar and Mahanagar to Munshipulia.
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Govt asks PSU banks to ramp up rural ATMs
The Union Finance Ministry has asked State-run banks to speed up installation of automated teller machines (ATMs) in rural areas, which is falling short of the budget target. Against the target to install 34,668 by the end of March 2014, the public sector banks have put up only 5,726 ATMs by end of August.
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Govt offers sops to FAB manufacturers
The Union government has decided to apprise all semiconductor wafer fabrication (FAB) manufacturers of the quantum of subsidy/other benefits/support being offered for establishing FAB manufacturing facilities in India.
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AAI offers 30-year contract of Chennai, Lucknow airports
As part of privatisation, the Airports Authority of India (AAI) is offering a 30-year contract for Chennai and Lucknow airports. The privatisation is to be extended to Ahmedabad, Jaipur and Guwahati airports. The Union Civil Aviation Ministry said that eleven firms have shown interest to take up maintenance of the airports.
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Work on LNG terminal at Mangalore to begin in Nov
Union Minister for Petroleum and Natural Gas Marpadi Veerappa Moily has said that the construction of an LNG import terminal at Mangalore will commence in next November. At present, companies ONGC, Bharat Petroleum Corp Ltd. (BPCL), Mitsui and New Mangaloe Port Trust (NMPT) are surveying the feasibility of the LNG terminal, say media reports.
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Indian maritime sector to touch $80 bn by 2020
Chairman and Managing Director of Indian Registrar of Shipping Arun Sharma has stated that the country's maritime business is set to grow by 20 per cent annually to reach $80 billion by 2020. India's maritime business has a lot of opportunities, Arun Sharma said.
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Bonatrans to invest Rs 200 cr on wheel factory
With Rs 200 crore foreign direct invesment (FDI) a rail wheel manufacturing factory will be built in Maharashtra's Aurangabad by Bonatrans, a Czech wheel and axle manufacturing company. The Indian Railways, which has already have such a wheel and axle factory in Bangalore, has succeeded to attract the FDI from Bonatrans.