Nitin Gadkari, Union Minister for Road Transport and Highways is upset with cement cartelisation and faulty detailed project report (DPR) preparations and has set a roadmap for stepping up road construction pace and quality in surface material with innovative mixes. Speaking exclusively to Pratap Padode, Editor-in-Chief of ASAPP Info Global Group at the āInfraNirbhar Webinar...
Tag: Construction
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India, adynamic and scaled-up renewable energy market
Blueleaf Energy, a portfolio company of Macquarieās Green Investment Group (GIG), specialising in the development, finance, construction and operation of both commercial & industrial (C&I) and utility-scale solar systems, across the Asia-Pacific region made an entry into the Indian market in September 2020. On February 10, Macquarie Infrastructure and Real Assets said that it has...
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L&T Hydrocarbon Engineering wins large Mumbai High contract
L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of engineering, procurement and construction (EPC) projects to defence multinational, Larsen & Toubro, has secured a contract from Oil & Natural Gas Corporation (ONGC) for their new living quarter (LQ) & Revamp at NQ Complex (NLRNC- RT2) project at Mumbai High.
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GST Rates Cut, Affordable Housing Redefined
The slash in GST rates to 5 per cent without ITC from the previous 12 per cent with ITC for premium homes, and to 1 per cent minus ITC for affordable homes from the earlier 8 per cent, gives the beleaguered realty sector the much-needed breathing room and will certainly help it maintain some forward momentum in 2019.
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JICA to fund projects worth Rs 34.20 billion
By constructing the Chennai Peripheral Ring Road (Section 1) and installing Intelligent Transport Systems the city authority aims to meet increasing traffic demands in the cityĆās metropolitan area, thereby contributing to the mitigation of traffic congestion and promoting regional economic development.
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HG Infra bags Rs 5.65 billion NHAI road project in Haryana
HG Infra Engineering has bagged a new hybrid annuity mode project "Rewari- Ateli Mandi section of NH-11 valued at Net Present Value (NPV) of Rs 5.64 billion by the National Highways Authority of India in the state of Haryana.
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AIIB aided safe drinking water projects improves sanitation in AP
About 3.3 million people in Andhra Pradesh will have access to safe drinking water following the approval of a $400 million loan by the Asian Infrastructure Investment BankĆās (AIIB) Board of Directors.
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CM lays foundation for work worth Rs 1.37 billion at Barsoor
Rs 1.37 billion worth of construction work was sanctioned by Raman Singh, Chief Minister, Chhattisgarh at Barsoor, Dantewada district.
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Imagining Construction’s Digital Future
New methods of sharing project responsibility between the owners and contractors looks set to accelerate the ongoing digital journey to combat late delivery, budget excesses and poor visibility into performance.
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Importance of Mega Projects
In order to consolidate and accommodate this mass migration, the Government of India has undertaken several initiatives which have given a way to the mega projects, nucleated around the development of industrial clusters, connectivity and increasing India's exports.