The Government of India and Asian Development Bank (ADB) have signed a $252 million loan to continue improving rural roads in Assam, Chhattisgarh, Madhya Pradesh, Odisha, and West Bengal. The ADB's loan represents the first tranche of a $ 800 million financing facility under the Rural Connectivity Investment Programme.
Tag: Madhya Pradesh
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Neemuch body to upgrade civic infrastructure
Neemuch Municipal Council, Madhya Pradesh is in the process of upgrading civic amenities and urban infrastructure including roads under the state government's urban infrastructure development programme.
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Gammon gets uderwriting of financial closure for 5 road projects
Gammon Infrastructure has secured underwriting for the financial closure of five highways projects in Bihar, Andhra Pradesh, Madhya Pradesh, Orissa and Haryana, which is likely to help the developer tie up funds easily and enable faster pace of progress.
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Partnership through duress
Our roads sector wants to go cool, and with good reason. Minister CP Joshi will be on Google Plus Hangout on 29 March; National Highways Authority of India (NHAI) has taken another step towards its private partners.
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Budget 2013-14 Reaction: Dr. Suresh Surana, Founder, RSM Astute Consulting Group
The significant thrust on "Road Infrastructure Projects" by offering various fund raising options to the industry and also an indication that 3000 kms of road projects in Gujarat, Madhya Pradesh, Maharashtra, Rajasthan and Uttar Pradesh will be awarded in the first six months of 2013-14 is a very welcome initiative.
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MBL Infra wins Rs 100-cr road project in MP
For developing a 47 km stretch in Madhya Pradesh MBL Infrastructure on February 9 said it has bagged Rs 100 crore project from the State government. MBL Infrastructure has been awarded the project of developing a 46.98 km road from Garra-Waraseoni up to Maharashtra border in Madhya Pradesh by Madhya Pradesh Road Development Corporation (MRPDC), the company said in a statement.
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MBL Infra wins Rs 100-cr road project in MP
For developing a 47 km stretch in Madhya Pradesh MBL Infrastructure on February 9 said it has bagged Rs 100 crore project from the State government. MBL Infrastructure has been awarded the project of developing a 46.98 km road from Garra-Waraseoni up to Maharashtra border in Madhya Pradesh by Madhya Pradesh Road Development Corporation (MRPDC), the company said in a statement.
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NHAI and concessionaires must iron out issues keeping the spirit of PPP in mind
Recently, GMR Infrastructure and GVK Power & Infrastructure exited from two mega road projects (that they agreed to set up under public private partnership [PPP] model) citing delay in environmental clearances. While GVK withdrew from an around Rs 3,000-croreShivpuri-Dewas project in Madhya Pradesh, GMR abandoned its over Rs 6,000-croreKishangarh-Udaipur-Ahmedabad project.
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Pucca road construction brings a sea change to MP’s village
The entire scenario of the Pathar village in Madhya Pradesh's Shahdol district has been changed with the construction of pucca roads. It is said that roads are identity of villages and roads play important role in paving way for development.
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MP gets Centre’s nod to construct 4,675 km roads
Under the Pradhan Mantri Gram Sadak Yojna (PMGSY), the Union government has sanctioned 4,675 km long 1,521 new roads costing Rs 1,780 crore to Madhya Pradesh. Following construction of these roads, 1,600 habitats will be linked by all-weather roads with development block, tehsil and district levels, an official release issued in Bhopal said.