The Rs 373 crore Cuttack-Chandabali Road project, which is one of the biggest road projects to be implemented in Odisha, received approval from the World Bank. For a long time, Odisha government was pursuing the clearance of the road project with the centre and the World Bank
Tag: Road Project
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Ramky achieves financial closure for Hospet road project
For the Rs 1,103-crore Hospet-Chitradurga tollway road project in Karnataka, Ramky Infrastructure has achieved financial closure. The company closed finances through debt syndication of Rs 830 crore to execute the road project.
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Govt set to begin phase II of PMGSY
With six states having completed the targets set for new connectivity and upgradation projects under the phase 1 of Pradhan Mantri Gram Sadak Yojana (PMGSY),
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Transport: Mechanise projects
Proper mechanisation in road project is needed using the advanced technology to complete the projects within the stipulated time. In India, the equipment bank concept is not so popular.
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Gammon seeks to offload projects
Gammon Infrastructure is planning to sell stake in two infrastructure projects to raise equity funding to meet expansion plans.
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