Even before the construction of the multimodal terminal at Haldia in West Bengal kicks off, it has received a commitment of 5.92 million tons (MT) per annum of cargo volume by the year 2018 from the industry, indicating huge cargo potential of the proposed terminal.
Tag: Construction
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Policies of the present government are excellent
The regulatory regime primarily includes the government, whether it is the federal or state government. Then there is another dimension to this regime: consultants, who too play an important role. However, the role of consultants has got marginalised under the present circumstances.
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50 more operational airports by 2019
Civil Aviation Minister Ashok Gajapathi Raju has said about 50 more airports, including the existing inactive ones, will be activated in the next three years.
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Bids open for underpass project in Gurgaon
In a major fillip for infrastructure development on the Delhi-Gurgaon Expressway, the National Highways Authority of India (NHAI) has opened financial bids for the construction of three crucial underpasses on the highway.
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VOC Port envisages development projects worth Rs.1,531 crore
Anantha Chandra Bose, Chairman of VOC Port has said various infrastructure developments had been envisaged at an estimated cost of Rs.1,531.31 crore during 2016-17 fiscal year.
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We plan to develop India as a Southeast Asia hub
At the moment, we estimate the market to be around 130 million square metres. And we expect this to potentially double within the next five to six years. So maybe we are talking about 200 million square metres. This is also the reason why we have moved into India as we see good potential in this market segment. We are aware that there are some challenges involved.
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Hidden Benefits
Notwithstanding the tremendous potential to expand revenues, general lack of awareness about the benefits of using geosynthetics might delay projections set by firms in the sector. However, despite challenges, growth is eventually inevitable.
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Swachh Survekshan of 500 cities launched
Minister of Urban Development M Venkaiah Naidu has launched ‘Swachh Suvekshan-2017’ to assess and rank 500 cities and towns based on levels of sanitation and efforts made by respective urban local bodies and also to capture the progress towards achieving ‘Open Defecation Free’ status.
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Rs.16,641 cr investment in affordable housing
The Central government has approved an additional investment of Rs.16,641 crore for affordable housing for construction of 2,44,267 houses for urban poor under the Pradhan Mantri Awas Yojana (Urban) during the first four months of this financial year.
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DMIC gives nod for Phase II
The Delhi Mumbai Industrial Corridor (DMIC) Trust has given its approval to start the phased procurement of Engineering, Procurement and Construction (EPC) contracts worth Rs.6,414 crore for the Bidkin Industrial Area in Maharashtra.