Media reports indicate that the Indian Railways invited requests for qualification (RfQ) from domestic and foreign firms for setting up two locomotive factories at an investment of Rs 32,000 crore. The Railways expects to award these two projects, which include setting up diesel locomotive factory and a electric locomotive factory, by December. The Railways planned to set up an electric locomotive factory at Madhepura and a diesel locomotive factory at Marh
Tag: infrastructure
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MMRDA to set up metro car depot in eco-friendly way
Mumbai Metropolitan Regional Development Authority (MMRDA) would set up the car depot for the proposed 33.5 km Colaba-Bandra-Seepz metro corridor in an environment friendly manner, UPS Madan, Commissioner of the authority said. The authority would prepare a plan for the construction of the metro depot to ensure that it does not have a negative impact on the environment. The depot would be built on a 30 hectare land in Aarey Colo
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BMC to submit city development plan to state govt
In the next few weeks, Brihanmumbai Municipal Corporation (BMC) would submit its City Development Plan (CDP) report to the Maharashtra government for approval. The report details all the civic infrastructure projects that the civic body intends to undertake from 2015 to 2025 and the estimated funds needed for them. Through this report, BMC would seek fund from the union government ministries for its various civic projects in the next 10 years. Media reports indicate that BMC plans
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Govt to seek assistance to rebuld infra in Uttarakhand
Ministry of Finance, Government of India, has decided to seek external assistance from the Multilateral Development Banks (MDBs) like Asian Development Bank (ADB) and the World Bank for rebuilding of damaged infrastructure in Uttarakhand. Loans from the MDBs would be passed on by Government of India to the state of Uttarakhand as 90 percent grant and 10 percent loan, since it is a special category state
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Govt to develop key infrastructure in Jaipur
Rajasthan government would focus on upgrading key infrastructure like drainage lines, roads and drinking water across Jaipur as the city has become a counter-magnet area. This would be part of the state government's proposals related to the infrastructure development in the city. The government is preparing the proposal and would submit the same to National Capital Region Plann
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RBI includes 3 more sectors in infra category
Slurry pipelines and capital dredging projects would be eligible for concessional loan from banks as the Reserve Bank of India (RBI) brought these sectors under the ambit of infrastructure lending. Besides the above sectors, the central bank also brought telecom and telecommunications services under the infrastructure ambit. This will make loans cheaper to companies in these sectors.
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Panel head suggests major ports to expand capacity
Sitaram Yechury, who headed the Parliamentary Standing Committee on Transport, Tourism and Culture suggested major ports in the country to invest their surplus funds on modernisation and expansion projects. He said major ports must raise capacity to cater to the projected rise in traffic to 1,229.24 million tonne by the end of the 12th five year Plan from the present level of 545.67 million tonne
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Two PPP port projects under construction in Kerala
Kerala is constructing two port projects worth over Rs 6,200 crore under the public private partnership (PPP) route. The state government completed one port project worth over Rs 700 crore under PPP and it has been put to service delivery, a study conducted by the Associated Chambers of Commerce and Industry of India (Assocham) show
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Firms respond to RfQ for Rs 80 bn terminal project
Several firms have responded to the request for qualification (RfQ) sought by the Jawaharlal Nehru Port (JNPT) for the Rs 8,000 crore fourth container terminal project. The port authority would soon conduct a pre-bid meeting for the project, after which the number of actual bidders would be known. Among the firms responded to the RfQ are DP World, Dubai, APM Terminals, Adani Group. It may be recall
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Chief secy suggests master plan for metro extension
During a meeting of the Special Task Force (STF), the Andhra Pradesh State Chief Secretary PK Mohanty suggested Hyderabad Metro Rail to prepare a master plan for future rail extensions. In order to meet the future needs of fast expanding city, Mohanty suggested the Hyderabad Metropolitan Development Authority Commissioner NK Prasad and Hyderabad Metro Rail Managing Director NVS Reddy to develop a Master Plan for future Metro Rail extensions.
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