Road construction by MoRTH is expected to remain at around 9,700 km in 2026-27, compared with 9,361 km in 2025-26 estimates PRATAP PADODE, however, railways are set to chart a new course within India’s infra story… Recently, during the Indian Construction Equipment Manufacturers’ Association ( iCEMA) AGM, the mood was somber. While mining and real...
Tag: EDFC
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Traction Ahead!
The Railways has sizeable capex plans for the five year period 2015-19 involving a capital outlay of Rs.8.56 trillion. The annual capital outlay for FY2016-18 was increased significantly to meet the five-year targets. NITI Aayog has also finalised the three year action agenda (2018-20).
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India signs agreement with World Bank for Eastern DFC
A Guarantee Agreement for World Bank (IBRD) lending of $650 million to the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) for the Eastern Dedicated Freight Corridor-III (EDFC-III) Project has been signed between the Government of India and the World Bank in the national capital.
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Transforming Punjab
The first-ever Progressive Punjab Investors Summit attracted commitments worth Rs 65,000 crore, but infrastructure enablement will be a critical factor in realising those investments.