For financing road projects in Jharkhand, West Bengal and Maharashtra, IL&FS Transportation Networks on November 7 said it has tied up loans worth over Rs 3,029 crore. The loan agreements have been signed with IndusInd Bank, IL&FS Financial Services and Yes Bank, the company said.
Tag: Maharashtra
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Nod to 4-laning of A’bad-Yedeshi h’way at Rs 2,406.63 cr
The Cabinet Committee on Economic Affairs has approved four-laning of the Aurangabad-Yedeshi section of National Highway-211 in Maharashtra. The road work will be taken up under the National Highways Development Project (NHDP) Phase IV on Build, Operate and Transfer (BOT-Annuity) in Design, Build, Finance, Operate and Transfer (DBFOT) pattern.
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Tatas wind power projects
Tata Power is setting up 160 MW wind projects throughout the country. Tata Power already has an installed wind energy generation capacity of 398 MW with projects across Maharashtra, Rajasthan, Gujarat, Tamil Nadu and Karnataka. From wind projects, the company saw its electricity generation rose 43 per cent to 813 million units in the year ended March 2013 from 569 million units in the previous year.
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Rs 3,000 cr road works cleared in Maha, Punjab
The Union government on October 30 cleared Rs 3,000 crore worth highway widening works in Maharashtra and Punjab. The Cabinet Committee on Economic Affairs (CCEA) approved four laning of the Aurangabad-Yedeshi highway in Maharashtra at an investment of Rs 2,406.63 crore. In Punjab, the Sangrur-Haryana border road will be widened at Rs 612.28 crore investment.
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IRB begins to collect toll on Kolhapur highway
IRB Infrastructure Developers has commenced toll collection on Kolhapur highway in Maharashtra, the company said in a filing to Bombay Stock Exchange on October 29.
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PM convenes meet on Navi Mumbai Airport on Nov 13
To discuss over the prevailing hindrances to the progress of the greenfield airport at Panvel in Navi Mumbai, the Prime Minister Manmohan Singh has convened a meeting in New Delhi on November 13. Maharashtra Chief Minister Prithviraj Chavan said this at a public meeting in Panvel on October 26.
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Maha CM to review 4 key infra projects on Oct 30
Maharashtra Chief Minister Prithviraj Chavan is to discuss about infrastructure projects worth Rs 11,000 crore on October 30. The projects include passenger water transport sysytem. The CM is to discuss the projects with the Maharashtra State Road Development Corporation (MSRDC).
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Maha gets nod for Rs 354 cr worth road works
The Union government has approved proposals for roads worth Rs 354 crore in Maharashtra to improve its infrastructure works. The road works will be funded under the Centre's flagship Pradhan Mantri Gram Sadak Yojana.
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Work to start soon on a new bridge near Kolhapur
Work on a parallel bridge to Shivaji Bridge on Panchaganga River, to connect Kolhapur to Konkan area in Maharashtra, is likely to start from next week. The bridge work has been taken up by the National Highways Authority of India (NHAI).
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Bonatrans to invest Rs 200 cr on wheel factory
With Rs 200 crore foreign direct invesment (FDI) a rail wheel manufacturing factory will be built in Maharashtra's Aurangabad by Bonatrans, a Czech wheel and axle manufacturing company. The Indian Railways, which has already have such a wheel and axle factory in Bangalore, has succeeded to attract the FDI from Bonatrans.