Project delays, time and cost overrun in infrastructure projects, delays in regulatory approvals and contractual disputes are some of the challenges faced in implementing a project in India.
Tag: Government of India
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GVK receives LoA for Navi Mumbai airport
The GVK-led Mumbai International Airport (P) Ltd (MIAL) was handed over the Letter of Award (LoA) from CIDCO, the nodal agency of the Government of Maharashtra for the Navi Mumbai International Airport.
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JICA to aid VaranasiÂ’s Convention Centre
Japan International Cooperation Agency (JICA) signed a Grant Agreement with the Government of India to provide grant aid of up to Rs 130 crore for the construction of the International Cooperation and Convention Centre in Varanasi.
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WorldÂ’s Biggest Ship Recycling Yard Receives JICA
Japan International Cooperation Agency (JICA) signed an agreement with the Government of India to provide Official Development Assistance (ODA) Loan of approximately Rs 500 crore for upgradation of environmental management for ship recycling in Gujarat.
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OPERATION IN(FRA)SOLVENCY
With over Rs11 lakh crore debt, project investments worth Rs.32.7 lakh crore and cost overrun of Rs14.35 lakh crore is at stake, the current Insolvency and Bankruptcy Code 2016 is a sigh of relief for India's financial institutions.
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We must achieve our long-term goals
In an exclusive interview, Nadir Patel, High Commissioner, Government of Canada, expressed his views on how experienced Indian companies can pitch in and formulate joint ventures with Canadian companies to take advantage of Canada's billion dollar infrastructure programme.
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India-Israel signs MoUs worth over US$ 4.3 billion
To revitalise and steer Indo- Israel economic and investment relations, the first formal meeting of India-Israel CEOs forum was organized on July 6, 2017 in Tel-Aviv coinciding with the visit of Narendra Modi, HonÂ’ble Prime Minister of India to Israel.
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ADB to aid $275 million for urban services in Madhya Pradesh
The Asian Development Bank (ADB) and the Government of India signed a $275 million loan on 19th June, 2017 for improving urban services in 64 small towns in the State of Madhya Pradesh.
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CleanMax Solar To Help Chennai Metro Rail Ltd Go Green
CleanMax Solar has bagged the prestigious contract of powering the Chennai metro with clean solar power. The venture will involve the installation of rooftop and ground mounted solar PV plants at 12 Metro stations and the Koyambedu Maintenance depot in Chennai, providing low-cost and renewable solar energy for CMRLÂ’s operations.
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Asahi India Glass announces Rs.500 crore automotive glass plant in Gujarat
Asahi India Glass (AIS) plans to invest in a state-of-the-art ‘Greenfield Automotive Glass Plant’ near Mehsana in Gujarat. The investment is being made to primarily meet the automotive glass requirements of Maruti Suzuki India Ltd at its newly-established Gujarat plant.