The project is expected to take nine years to complete.
Data from the Ministry of Road Transport & Highways (MoRTH) showed that only 4,766 km of the targeted 12,000 km of highways for FY23 had been built from April to November. Pratap Padode, Editor-in-Chief, Construction World worries as we step into 2023… Highway construction this year is even slower than 2020 – the first year of the...
The net debt of the top 30 steel companies globally has touched a record high of over $150 billion, according to consultancy firm Ernst and Young (E&Y). The global consultancyÂ´s report also reveals that major part of this debt is with companies in India, China and Brazil.
Japan has offered to finance IndiaÂ´s first bullet train, estimated to cost $15 billion, at an interest rate of less than a per cent, officials said, stealing a march on China, bidding for other projects on the worldÂ´s fourth-largest network.
Moving ahead with the Diamond Quadrilateral project, Railways have selected companies from China, France and Spain to carry out feasibility study of three routes connecting Delhi with Mumbai and Kolkata and also between Mumbai and Chennai.