This has not been largely used in the metro rail sector as yet, and this sector is still developing. It is to be noted that these projects take a long time to construct and the initial challenges of right of way need to be overcome.
Tag: Government of India
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India signs loan agreement with ADB
The Government of India has signed a loan with Asian Development Bank (ADB) for $123.51 million for the third tranche of the Infrastructure Development Investment Programme for Tourism. This is for upgrades to tourism infrastructure and services in Punjab, Uttarakhand and Himachal Pradesh.
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Rs.200-cr corpus for steel tech mission
A corpus of over Rs 200 crore has been created for setting up of the Steel Research and Technology Mission of India (SRTMI), with the objective of making India self-reliant in special steels and making the country a metallurgical hub.
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National Conclave on Smart Technologies
International experts on technologies and smart cities along with urban development officials from across India - constituting 600 cities, covering the100 smart cities and 500 AMRUT cities - came together at the Hyderabad International Convention Centre to participate in the National Conclave on Smart Technologies.
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GOI to unveil Rs.40,000-cr package for J&K
The Government of India is unveiling a major economic package for infrastructure building in J&K and PM Narendra Modi is expected to visit the state next month to announce it.
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Piping hot
During the Eleventh Plan period (2007-2012), domestic players exceeded the planned capital expenditure outlay. They invested Rs 2,751.6 billion, 120 per cent of the planned target of Rs 2,289.9 billion.
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KINFRA Day celebration inaugurated by Oommen
Noting Kerala Industrial Infrastructure Development CorporationĆĀ“s (KINFRA) success story, Kerala Chief Minister Oommen Chandy said that Kerala was one of the leading states when it came to medium and small-scale industries.
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Govt to set up PCPIRs
The Government of India has approved setting up four Petroleum, Chemicals and Petrochemicals Investment Regions (PCPIRs) in the states of Andhra Pradesh (Vishakhapatnam - Kakinada), Gujarat (Dahej), Odisha (Paradeep) and Tamil Nadu (Cuddalore - Nagapattinam) which are estimated to attract investments of around Rs 7.63 lakh crore and provide employment to around 33.96 lakh people.
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NBCC bags order worth Rs.2.31 bn
National Buildings Construction Corporation (NBCC)has secured project management and consultancy (PMC) business of Rs 2.31 billion from IIT, Roorkee. Earlier, the company has been entrusted PMGSY works valued at Rs 12.37 billion in Odisha
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Govt announces National Manufacturing Policy
The Government of India has announced the National Manufacturing Policy on November 4, 2011 with the objective of enhancing the share of manufacturing in GDP to 25 per cent and creating 100 million jobs over a decade or so, said the Union Minister of State in the Ministry of Commerce and Industry EM Sudarsana Natchiappan in Rajya Sabha on December 11.