Union Finance Minister, Nirmala Sitharaman announced that the government will create a Rs 1 lakh crore Urban Challenge Fund aimed at transforming cities into growth hubs. The fund will finance 25 per cent of the cost of bankable projects, with an allocation of Rs 10,000 crore for 2025-26. The remaining 50 per cent will be...
Category: ECONOMY & POLICY
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NBCC Celebrates 76th Republic Day at Its Headquarters
NBCC celebrated the 76th Republic Day at its headquarters with much ardour and patriotism. The celebration of freedom commenced with unfurling of the National Tricolour by Shri K.P. Mahadevaswamy, CMD, NBCC in the presence of senior officers and NBCC employees. This was followed by singing of National Anthem. CMD, NBCC while addressing the gathering, highlighted the...
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RECPDCL Handovers HVDC Transmission Project’s SPV viz. Rajasthan Part I Power Transmission Limited to Adani Energy Solutions Limited
REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, has handed over the project specific SPV (Special Purpose Vehicle) of HVDC Transmission Project under TBCB route viz, Rajasthan Part I Power Transmission Limited to Adani Energy Solutions Limited on 20th January...
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15th Cement EXPO: A Step Forward in Cement Innovation
Mumbai Following the immense success of the 14th Cement EXPO, held on December 14-15, 2023, at the Manekshaw Centre, New Delhi, the next edition of this premier event is set to take place in March 2025. The 15th Cement EXPO will be hosted at Yashobhoomi, Delhi, on 12th and 13th November 2025. Meanwhile, the Cement Expo Forum 2025 is scheduled for 5th and...
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MOU signed between NBCC and Hindu College for development of “Centre for Advance Studies”
A Memorandum of Understanding (MoU) was signed between NBCC (India) Ltd. and Hindu College, University of Delhi, for development of “Centre for Advance Studies” valued at Rs. 180 Crore approximately. The MoU was signed by Prof. Anju Srivastava, Principal, Hindu College, and Sh. Nagendra Kumar, Chief General Manager, NBCC in presence of senior faculty members...
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NBCC Signs MoU with Sahakari Awas Nirman Evam Vitt Nigam Ltd. for land development in Lucknow
NBCC signed a Memorandum of Understanding with Sahakari Awas Nirman Evam Vitt Nigam Ltd. on 09.01.2025 for execution of mixed land use development of Poorvi Vihar, Lucknow. The MoU was signed in the presence of Dr. Suman Kumar, Director (Commercial), NBCC by the authorized representatives of both the organizations.. Out of a total land area...
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Infrastructure Experts to Debate Viksit Bharat at Infrastructure Today Conclave in Delhi
Delhi, July 2024 – Leading infrastructure experts are set to gather in Delhi for the highly anticipated Infrastructure Today Conclave, scheduled on July 18-19, 2024. The event will bring together industry stalwarts, policymakers, and thought leaders to discuss the ambitious vision of ‘Viksit Bharat’ or Developed India by 2047, focusing on transforming India’s infrastructure landscape...
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IIFCL Launches Strategic Document to Support Green Infra
In a significant step towards promoting sustainable infrastructure, the government-owned financial institution IIFCL unveiled its Climate Strategy 2030 document during the Vigilance Meet held on October 30 in New Delhi. The document was released in the presence of Dr. PR Jaishankar, Managing Director, IIFCL, with AS Rajeev, Vigilance Commissioner, Central Vigilance Commission, as the Chief...
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REC Reports Record Half-Yearly Profit of ₹74.48 Billion
Power projects financier REC reported an 11 per cent growth in profitability for the first half of FY2025, with net profit rising to ₹74.48 billion from ₹67.34 billion in the previous fiscal year. REC’s operational revenue appreciated by 18 per cent to ₹265.94 billion compared to ₹225.52 billion in the same period last year. Growth...
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RAHSTA to submit policy recommendations to NHAI
RASHTA Expo 2024 and 10th India Construction Festival (ICF) receive grand reception from infrastructure industry 10th India Construction Festival 2024 awards over 75 companies from infrastructure industry At the 14th RAHSTA Expo – India’s first indoor trade fair for the construction equipment technology – more than 100 companies showcase their latest technologies, products and solutions...