The India Infrastructure Summit is the largest platform for policy debate relating to infrastructure sector in India. The seventh edition will be held in New Delhi on 16th November.
FlashNews:
HSR Needs Fast Tracking
RECPDCL Handovers Ratle Kiru Power Transmission Limited, a SPV of Transmission Project, to IndiGrid 2 Private Limited
RECPDCL Handovers 3 Nos. SPVs of transmission projects viz. Banaskantha Transco Limited, Kurnool-IV Transmission Limited & Rajasthan V Power Transmission Limited to Power Grid Corporation of India Limited
Showcasing India’s Supply Chain Revolution
Highlighting the Future of Smart, Sustainable Infra
Driving Sustainability Through Innovation
REC Signs ₹18,360 Cr MoU with Govt. of Kerala for Pump Storage Projects
IIFCL Launches its Gender Equality and Social Inclusion (GESI) Cell on the occasion of International Women’s Day 2025.
IIFCL and CBI Sign Expression of Interest to promote Sustainable Infrastructure Financing in India
CCI India presents 1st edition of CEO Round Table Conference on Agriculture
Jayesh Ranjan & Cement Expo Forum Leaders converge in Hyderabad
Fluence Launches Advanced Smartstack Platform for New Energy Storage Era
NBCC inks MoU with NIT Kurukshetra valuing Rs. 300 Crore
REC Foundation Commits ₹6 Crore to Sankara Eye Hospital for Cataract Surgeries Benefiting 8,000 EWS Patients
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
India’s Oil Minister Urges Energy Justice to Ensure Equitable Global Energy Transition
Tag: contractors
Project costs may increase owing to GST credit restrictions in many sectors
The Model GST Law specifically treats a ´works contract´ (including any transfer of property in goods in the execution of such contract) as a ´service´. However, determining the nature of a particular agreement, or a set of agreements, for a project (i.e., whether it qualifies as a works contract or not) would still be critical from the perspective of the place of supply, the taxable value, the applicable rate of tax and the compliances to be undertaken given the peculiar and varied nature of arrangements in the infrastructure sector, involving multiple scopes of work and multiple participants (consortium) for either a full project or for parts of a single project.
Centre moves to complete pending NHAI projects
Various steps have been taken by the government and the National Highways Authority of India (NHAI) to remove the hurdles affecting the construction of highway projects.
Piping Innovation Zone Promotes Learning
Victaulic, the worlds leading supplier of mechanical pipe joining and fire protection systems, has announced the opening of a new piping innovation zone at its operational facility in Pune.
Forging ahead
Dedicated Freight Corridors are on the fast track with institutional finance from the World Bank and JICA. However, the roadmap for allied projects along the corridors is still not clear, writes Janaki Krishnamoorthi.
Improper repairs to Varanasi roads
The authorities concerned in Varanasi have taken up repairs to the city roads at last. But the contractors are not using the binding material in their works, but simply filling the potholes with boulders. With this, the condition of the city roads is deteriorating further and troubling the motorists and commuters.
Kerala makes contractors responsible for bad roads
Contractors will be made responsible for the damaged roads they have built in Kerala. The Kerala government has taken this step as the stateÂ’s road network collapsed in recent heavy rains. The State Chief Minister Oommen Chandy said recently that the contractors will be asked to repair on their own the roads that collapsed within a year of construction.
Contractors asked to pace up Empire Estate flyover work
In Maharashtra, Pimpri Chinchwad Municipal Corporation (PCMC) has given an ultimatum to the contractors to complete the long-pending work of Empire Estate flyover. The work of the bridge started nearly two-and-half years ago but only 30 per cent of it has been completed so far.
The slow paced work of flyover at Chinchwad on old Pune Mumbai highway is causing a lot of inconvenience to local residents.
Action against road contractors for substandard quality
Contractors in Kerala who failed to repair roads, that are damaged before the guarantee period, will be blacklisted, the Kerala government has said. Ports and Fisheries Minister K Babu asked contractors to repair the roads at the earliest. The minister also directed authorities to complete the rehabilitation of people who have suffered losses in the landslide at Kadvoor near Kothamangalam last year.
Contractors show no interest over Blore road projects
Media reports say that contractors are not enthusiastic to take up upgradation of roads planned at Rs 72 crore by the Bruhat Bengaluru Mahanagara Palike (BBMP). The work comprises upgradation of seven major roads, including Residency and Richmond Road in the heart of the Indian IT City. Although BBMP and Karnataka government are eager to provide quality roads in the city through 'TenderSure' initiative by integrating all the civic agencies, there are no takers for the project.
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