This includes doubling the Bhagalpur-Dumka-Rampurhat rail line and cutting travel time on the Mokama-Munger highway to just 90 minutes. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved two major infrastructure projects in eastern India—one road and one rail—under the PM-Gati Shakti National Master Plan. Together, the projects are...
Tag: Hybrid Annuity Mode
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Green Shoots of Project Finance!
A successful transition to new and renewable energy sources by the world’s fastest-growing major economy won’t only serve as a template for other countries but will also help firmly position it as a global green energy hub. A day after the ambitious Pradhan Mantri Surya Ghar Muft Bijli Yojana or Prime Minister’s free electricity scheme...
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Funding Not a Constraint for Road Building Programmes
In an exclusive interview to INFRASTRUCTURE TODAY, Debjani Chakrabarti, Director Highways, Ministry of Road Transport & Highways (MoRTH) elucidates some of the key funding strategies being utilised by India as a part of the country's ambitious Rs 7 trillion roads building programme.
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CCEA approves three major highway projects across the country
The Cabinet Committee on Economic Affairs has given its approval to three major highway projects. Briefing the media in Delhi, Finance Minister Arun Jaitley said that the government has given its nod to the four-laning of the 80 kilometre long Phagwara-Rupnagar section of NH-344A in Punjab at a cost of Rs.1,444 crore, in Hybrid Annuity Mode.