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DFI to create financing ecosystem for infra projects

DFI to create financing ecosystem for infra projects

The new Development Finance Institution (DFI) will be a fairly large entity that will play a key role in the Central Government’s strategy to facilitate the creation of a robust financing ecosystem for infrastructure projects in the country. Simultaneously, the government also remains committed to rolling out systemic interventions to ensure the necessary action on...

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JICA to fund projects worth Rs 34.20 billion

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 cityÂ’s metropolitan area, thereby contributing to the mitigation of traffic congestion and promoting regional economic development.

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Opportunity Foreseen, Albeit Challenges

Opportunity Foreseen, Albeit Challenges

The metro rail network in India has sharply expanded over the last decade from about 116 km of operational and under implementation network in 2006 to about 425 km of operational and 700 km of under implementation rail network in the country.