Bitumen consumption in India was 4.5 million tonne in 2011-12 costing Rs 18,000 crore (current value). Nearly 80 per cent valued at Rs 14,400 crore used for resurfacing, is the annual binder loss from the existing roads due to leaching and stripping of the bitumen binder.
Tag: India
Post
Post
IDFs are the best route to refinance existing projects
Sadashiv Rao, Chief Risk Officer, IDFC Ltd tells Rahul Kamat that IDF-NBFC is a safer route compared to IDF-Mutual Fund, as in the latter, the fund manager can invest in any project (under construction) which will have risk involved in it, and investors may not like to invest in high-risk projects.
Post
PERI India wins BAI award
PERI (India) has been honoured with the award of "Sarvottam Manufacturer of Formwork Systems", by Builders Association of India (BAI), in XXVIth All India Builders' Convention in Dubai in February 2014. The convention was attended by more than 600 leading builders from India.
Post
GMR to bid for all six airports
GMR Group plans to bid aggressively for all the six airports that the government will privatise. The company does not intend to tie up with any player as it is eligible to bid alone this time.
Post
GHIAL bags FICCI 2012-13 award
GMR Hyderabad International Airport (GHIAL)has bagged 'FICCI CSR Award-2012-13', for its corporate social responsibility (CSR) initiatives. The award was from FICCI Aditya Birla CSR Centre for Excellence under the winner category in private sector companies.
Post
Meeting on UMTA
Local bodies and various state government departments stressed the necessities, requirements as well as their limitations in associating with the Kochi Metro Rail Ltd (KMRL)
Post
Airport to attract $12.1 bn investment
Union Civil Aviation Minister Ajit Singh said the Indian airport sector is likely to attract $12.1 billion worth of investment during the 12th Plan period. Out of this, the minister expects around $9.3 billion from the private sector.
Post
GE Aviation ties up with AAI
Global aircraft engine supplier GE Aviation is collaborating with Airports Authority of India (AAI) to improve airspace efficiency in Bangalore, Mangalore and Guwahati airports. The collaboration comes through a US Trade and Development Agency grant,
Post
GPRS-enabled e-payment facility at Begumpet airport
The Airports Authority of India (AAI) has recently commissioned a GPRS-enabled electronic cash transaction facility at the Begumpet Airport in Hyderabad. AAI intends to implement this facility across all airports.
Post
IR earnings at Rs 1,26,028 crore
The total approximate earnings of Indian Railways (IR) on originating basis during 1 April 2013 to 28 February 2014 were Rs 1,26,028 crore compared to Rs 1,12,017 crore during the same period last year.