Binani Group of Braj Binani, which has presence across India, East Africa, China, Indonesia and the UAE, has lined up around Rs.10,000 crore investments in cement, power and infrastructure, including ports, in Bengal.
Tag: infrastructure
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Dilip Buildcon bags Rs.2,016 crore road project in UP
Infrastructure firm Dilip Buildcon has said that it has bagged a Rs.2,016 crore road project in Uttar Pradesh. ´The National Highways Authority of India has declared the company as the selected bidder for four-laning of Lucknow-Sultanpur section of NH-56 from 11.50 km to 134.70 km in the state of Uttar Pradesh under NHDP Phase IV on a hybrid annuity basis at a project cost of Rs.2,016 crore,´
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Pasighat Advanced Landing Ground gets operational
The upgraded Advanced Landing Ground (ALG) at Pasighat in Arunachal Pradesh has been inaugurated by Kiren Rijiju, MoS for Home Affairs. A flypast by a formation of three Sukhoi-30 MKI Air Dominance Fighter aircraft, that took off from one of the forward EAC airbases was a highlight of the event.
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VOC Port envisages development projects worth Rs.1,531 crore
Anantha Chandra Bose, Chairman of VOC Port has said various infrastructure developments had been envisaged at an estimated cost of Rs.1,531.31 crore during 2016-17 fiscal year.
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Volatile fuel prices will reduce reliance on conventional fuels
Minister for Shipping, Road Transport and Highways, Nitin Gadkari, has announced big investments in India´s ports and roads sector. These investments are the first step in economic growth, as well-laid infrastructure is a crucial need for improving the efficiency of cargo flow.
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Gen-next mining solutions
As the Indian economy continues to grow from strength to strength, significant investments are being made to improve the much needed infrastructure of the construction and the mining industries, that are not far behind, with a high demand for fuel efficient and high productivity tippers.
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Waterways infrastructure underutilised, says CAG
According to government watchdog Comptroller and Auditor General of India (CAG), infrastructure created at a cost of Rs 284 crore for three of the National Waterways has remained underutilised.
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French loan of Rs.2,000 crore for Puducherry infra
Puducherry Chief Minister V Narayanasamy has said that The Agence Francaise Developpement (AFD), a public financial institution in France would extend assistance of over Rs.2,000 crore for developing infrastructure in the Union Territory.
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Chennai Port to strengthen infra to handle car exports
Chennai Port will strengthen its infrastructure to handle cars for coastal movement and exports, according to Cyril C George, Chairman, Chennai Port Trust.
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NHAI is executing nearly 205 highway projects
The Government of India is increasing the amount of money spent on infrastructure development with nearly 205 projects being executed by the NHAI. Of these, there are 18 projects which cover around 800 km.