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Govt executes SUTP with aid from global institutions

Govt executes SUTP with aid from global institutions

Urban Development Secretary Sudhir Krishna informed that his ministry initiated the Sustainable Urban Transport Project (SUTP) with the assistance of Global Environment Facility (GEF), the World Bank and United Nations Development Program (UNDP) to foster a long-term partnership.He informed this at the second annual meet of Sustainable Urban Transport Project (SUTP) in New Delhi

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Govt prepares waste management plan

Govt prepares waste management plan

Karnataka Chief Minister Jagadish Shettar prepared plans to set up a modern and scientific waste management system in Bangalore. The plan, which aims to set up one processing unit in each of Bangalore’s 28 assembly constituencies, aims to decentralize waste processing in the long-term.

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Chhattisgarhs allots Rs 19 bn for urban projects

Chhattisgarhs allots Rs 19 bn for urban projects

Chhattisgarh Chief Minister Raman Singh informed that the state government earmarked Rs 1,900 crore as budget outlay for the urban development department. Singh remarked that money would not be a matter when it came to take up development works in the urban localities and provide better civic amenities to the people

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Board clears port project in Ludhiana

Board clears port project in Ludhiana

At a recent meeting of the Project Approval Board of Punjab government cleared the proposal to set up a dry port near Kila Raipur in Ludhiana.The board, which is headed by Chief Minister Parkash Singh Badal, cleared the project as the proposed port may boost industrialisation, trade and commercial activity in Punjab.

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KPT’s tender attracts strong response

KPT’s tender attracts strong response

It seems the tender floated by Kolkata Port Trust (KPT) for mechanized cargo handling at the berth no 2 and 8 of the Haldia Dock Complex is attracting strong response from firms. According to sources in the knowhow of the matter, nine companies participated in the recent pre-bid meeting held by the port trust for the tender

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Road construction sector on the path of recovery

Road construction sector on the path of recovery

Industry players feel that the road construction sector is on the path to recovery with the government announcing new norms for road development. It is learnt that the improvement in the project award and execution has caused a sudden surge in demand for construction machinery, building material machines, mining machines and construction

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GVK awards Rs 19.8 bn order to L&T

GVK awards Rs 19.8 bn order to L&T

GVK project and Technical Services awarded a Rs 1,985 crore contract to the infrastructure IC (independent company) of L&T Construction. In a press statement, the company said the order was part of the Rs 2,503 crore fresh contracts secured by it across various segments

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Japan to announce more loan for corridor project

Japan to announce more loan for corridor project

Japan Prime Minister Yoshihiko Noda informed that the country would announce the second round of loans under Overseas Development Assistance (ODA) for the second phase of the Dedicated Freight Corridor and a third infrastructural project in South India, reports suggest. Noda has reportedly informed this to Prime Minister Manmohan Singh when the two leaders met on the sideli

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Srei Infrastructure sees IDF in 2 months

Srei Infrastructure sees IDF in 2 months

Having received approval from the Sebi for setting up an infra debt fund (IDF) through the mutual fund route, Srei Infrastructure Finance would begin the process now and hopes to launch it in January 2013. This information was given by Hemant Kanoria, Chairman and Managing Director of Srei to a leading media agency

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WBHIDCO to allot vacant land

WBHIDCO to allot vacant land

As part of its second phase development of the proposed financial hub at New Town near Kolkata, the West Bengal Housing Infrastructure Development Corporation (WBHIDCO) plans to allot six vacant plots totalling around 2.5 acre of land. The plots would be allotted on a lease-hold basis (for 99 years) and the cor