We have already started working on most of the projects that were conceived under the smart city proposal, whether it is area-based development (ABD) or pan city development.
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We are focussing more on PPP-based projects
Imphal was selected in the fasttrack round of smart city challenges. Since then, we have formed the special purpose vehicle (SPV) and are in the process of appointing project management consultancy (PMC).
Post Budget Analysis | Infrastructure: Road
Total budgetary allocation for the sector (including PMGSY) raised by 6.7 per cent to Rs 89,544 crore from Rs 83,900 crore in the previous year.
IRB InfraÂ’s SPV receives Appointed Date from NHAI
CG Tollway Private Ltd., a wholly-owned Subsidiary and a Special Purpose Vehicle (SPV) of IRB Infrastructure Developers Ltd., has received Appointed Date from NHAI for its Chittorgarh to Gulabpura six laning Highway Project.
IRB InfraÂ’s SPV achieves Financial Closure for Rs 2,088 cr
Udaipur Tollway Pvt. Ltd, a Special Purpose Vehicle (SPV) of India’s largest Highways Infrastructure developers, IRB Infrastructure Developers Ltd, has successfully achieved financial closure for its Udaipur – Gujarat Border 6 Laning BOT project.
We will directly deal with land-owners if acquisition is delayed
Mangu Singh, Managing Director, Delhi Metro Rail Corporation (DMRC) indicates that challenges around land acquisition have slowed down the ongoing extension of metro rail network. Therefore, if the need arises again, the metro rail operator in the Delhi National Capital Region (NCR) will not be averse to negotiating directly with private landowners.
Leverage Big Data to Analyse Historical Patterns
Technological advances are now revolutionising development, construction, maintenance and day-to-day operations of projects.
SOLAPUR SMART CITIES WORKSHOP: City Infra Outlook and Development plan
The Smart Cities Council India successfully organised its first-in-its-series of India-wide multicity smart cities workshops in Solapur on June 2, 2017. Solapur was selected under the CentreÂ’s smart city mission, which witnessed a lineup of world-class solution providers.
Cabinet approves Noida – Greater Noida Metro Rail Project
The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the Noida - Greater Noida Metro Rail Project covering a length of 29.707 km. Total completion cost of the project is Rs 5,503 crore.
We have sanctioned projects worth Rs.30,000 crore
It's an IPO season. After IRBs' InvIT, state-owned Housing and Urban Development Corporation Ltd (HUDCO) will raise Rs 1,200 crore from the markets. Dr M Ravi Kanth, Chairman and Managing Director, divulges the company's future strategy in an INFRASTRUCTURE TODAY exclusive.