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Local bodies to woo investors for projects in Pune

Local bodies to woo investors for projects in Pune

With the state and the Centre asking local governing bodies to generate their own revenue and develop infrastructure without depending on government aid, both Pune Municipal Corporation (PMC) and the Pune Metropolitan Development Authority (PMRDA) are gearing up to attract private players to invest in the city and the region.

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100% stake sale cleared in BOT projects

100% stake sale cleared in BOT projects

The Cabinet Committee on Economic Affairs has amended its earlier approval dated May 13, 2015, for permitting 100 per cent equity divestment after two years of construction completion for all BOT projects, irrespective of year of award.

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Dredging: Opportunities & Challenges

Dredging: Opportunities & Challenges

The world population depends heavily on dredging solutions for global trade, coastal defence, urban development, energy supplies, and leisure or tourism. Dredging is an indicator of the development of the coastal states and such sustained development is essential for the social and economic development of the country.

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Porting Ahead

Porting Ahead

The government has announced a massive investment in India´s ports sector, which is likely to boost the country´s economy. The government has massive plans of developing ten coastal economic regions by reviving the country´s Sagarmala (string of ports) Project.

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The PEB Wave

The PEB Wave

The shift from in-situ construction to factory-controlled pre-engineered high quality construction has changed the requirement of engineering, materials, and skills for the construction industry.