First of all, when we talk about a project, it is not only about the project but the risks associated with it. When it is an Indian investor, the risks are lesser in nature. However, a foreign investor comes in looking at a lot of other risk factors as well.
FlashNews:
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Tag: Public Works Department
Funds crunch to hit road works
A rough ride may be in the offing for commuters due to shortage of funds with Delhi government.
Maha CM for MSRDC´s advisory role in infrastructure
Maharashtra Chief Minister Devendra Fadnavis in principle agreed to appoint Maharashtra State Road Development Corporation (MSRDC) as the special planning authority at places where it has large land parcels.
Techno-social audit of infra projects in Punjab begins
The Punjab government has started preparations to initiate a techno-social audit of all infrastructure projects in the state to bring more transparency in the implementation of such projects.
Code Green
Increasing focus on the development of green and smart buildings has opened up a plethora of opportunities for the creation of sustainable and planned infrastructure using technology as the binding factor for the creation of self-contained sub-cities.
Rural road development authority on anvil
Continuing with its development plans, the Rajasthan government is looking at the possibility of constituting a rural road development authority for connecting roads in its villages. To link 10,000 villages in the state with district headquarters, the Public Works Department (PWD).
Nod to Kollam, Alappuzha bypass road in Kerala
On a cost-sharing basis between the Kerala and the Union governments, work on the Kollam and Alappuzha bypass of the NH 66 will be taken up on on engineering, procurement and construction (EPC) mode. Tenders for the work were finalised by the National Highway wing of the Public Works Department (PWD).
Lucknow’s Lohia Path to become widest road in UP
In Lucknow, the Uttar Pradesh Public Works Department (PWD) is all set to give Lohia Path another face-lift by proposing an additional flyover between PICUP and Indira Gandhi Pratishthan. The State government has taken up widening of the Lohia Path, which is said to be the ruling party Samajwadi Party chief Mulayam Singh Yadav.
Kottayam to get outer ring road
In Kottayam, connecting Pakkil-Kanjikuzhy and Kodimatha an already existing road network will be developed as an outer ring road of the town. The Public Works Department said that the work includes the modification of the MG Road (1 km), ML Junction-Muttambalam Road (2.5 km) and Kanjikuzhy-Power House Junction Road (7 km).
Kerala delays road widening work for 20-yrs
In Kerala, the authorities of Public Works Department has been delaying the widening of the SN Junction-Puthiyakavu stretch on the Ernakulam-Kottayam State highway for more than 22 years. The PWD officials mooted the plan to widen the road in 1991. As per the proposal, it would develop the 12-metre wide road to 33 metre.