To address the ever-growing traffic congestion menace in the capital, the government has decided to decongest the city with a six-lane project worth Rs 28.20 billion.
Tag: Highways
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950 km of roads will come up under Bharatmala project
Under the Bharatmala project, roads and highways measuring a total of 950 km will be developed in Chhattisgarh. The Central Government had already declared 290.08 km of road as new national highways during FY 2017-18.
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Aren’t we forgetting something here?
The Economic Intelligence Unit, based on a report on the 'Safe Cities Index 2017,' said the global economy is projected to grow at about 2.9 per cent in 2017 as against 2.3 per cent in 2016. The report also cited India to continue to grow at over 7 per cent over the next decade.
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Mitigate payment-related risks to make infrastructure sustainable
I think in many sectors the policies are conducive. The most recent example is the Rewa Ultra Mega Solar Project, where IFC was the lead public-private-partnership (PPP) transaction advisor. We helped structure the bidding process to include a three-tiered payment security mechanism.
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NHIDCL-NSDC to train over a 1,000 people under PMKVY
Construction workers in the North Eastern states are being trained to handle equipment used in the construction sector under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY).
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Aviation to become part of multimodal logistics hubs
The aviation sector will now be a part of multimodal logistics hubs in India to promote holistic logistics solutions, Union Minister Nitin Gadkari has said.
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Afordable housing has big-ticket opportunities
Low-cost housing is a volume business. Private companies would be interested in this business only when there is scale. The intention of the government to give this sector infra status is to offer access to low-cost funding for the sector.
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Gadkari promises more roads worth Rs 50,000 crore to Arunachal Pradesh
Union Minister for Road Transport and Highways Nitin Gadkari has promised more road projects worth Rs 50,000 crore to Arunachal Pradesh that will include a 1841-km frontier highway along the stateÂ’s international boundary with China.
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2017 | A riddle, wrapped in a mystery, inside an enigma
Every new year brings with it a new glimmer of hope, new growth opportunities for our economy, new possibilities of jobs, and positive expectations in the minds of everybody. But rarely does a new year bring with it so much suspense, so much enigma and therefore, so many imponderables, as it is doing in the year 2017.
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Making Indian Infra Work
Though Public-Private Partnership contracts are the mainstay of infra projects, evidence of PPP performance in terms of value-for-money and efficiency is mixed and often unavailable, says Sangeeta Lakhi, Senior Partner, Rajani Associates.