Roads & Bridges
Month: July 2024
Irrigation
Roads & Bridges
Railways
State-wise funds allocated for railways under Union Budget 2024-25
State-wise funds have been allocated for railways infrastructure under the Union Budget 2024-25. It includes Rs 198.49 billion for Uttar Pradesh, Rs 159.4 billion for Maharashtra, Rs 147.38 billion for Madhya Pradesh, Rs 139.41 billion […]
Urban Infrastructure
Odisha government allocates funds for Bhubaneswar metro project phase I
The government of Odisha has allocated funds worth Rs 10 billion for the Bhubaneswar metro project phase I. The project involves construction of 26 km long elevated metro rail corridor from Trishulia to Bhubaneswar Airport […]
Urban Infrastructure
Telangana government allocates funds to HMWSSB in its state budget 2024-25
The government of Telangana has allocated funds worth Rs 33.85 billion to the Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB) in its state budget 2024-25. This fund is targeted towards improving and laying new […]
Roads and Bridges
BRO starts phase 3 of India-China Border Roads project
The Border Roads Organisation (BRO), in collaboration with the Central Public Works Department (CPWD) and the National Projects Construction Corporation, has commenced the third phase of the strategic India-China Border Roads (ICBR) project to enhance […]
Railways
290 girders launched for Mumbai-Ahmedabad HSR corridor project
National High-Speed Rail Corporation Limited (NHSRCL) has launched a total of 290 out of 670 girders under the Mumbai-Ahmedabad high-speed rail corridor project. The project involves development of the 508.17 km long Mumbai-Ahmedabad high-speed rail […]
Ports & Shipping
India’s first integrated agri-export facility at Jawaharlal Nehru Port approved
The Union Minister for Ports, Shipping and Waterways has recently approved the development of an export-import cum domestic agricultural commodity-based processing and storage facility at Jawaharlal Nehru Port. This will be the first integrated agri-export […]
Urban Infrastructure
Stormwater drainage project for Sector 68 to 75 in Gurugram approved
The High-Powered Works Purchase Committee, Government of Haryana has approved the development of a stormwater drainage project for Sector 68 to 75 in Gurugram, Haryana. The project being implemented by Gurugram Metropolitan Development Authority includes the […]
Aviation
AAI to carry out feasibility study for Hosur airport potential sites
The Airports Authority of India (AAI) has reportedly agreed to undertake a feasibility study for potential sites for the Hosur greenfield international airport. Around four sites have been shortlisted by the state government for the […]
Ezine Archive
July Issue 2024
IPO/QIP
SpiceJet plans to raise Rs 30 billion via QIP
SpiceJet has plans to raise Rs 30 billion (around $360 million) through the sale of securities, including shares. The airline’s board of directors reportedly approved raising the amount through qualified institutional placement (QIP). Shares are […]
Bonds/Securities
MSRDC to float bonds worth Rs 277.50 billion for 136 km corridors
The Maharashtra State Road Development Corporation (MSRDC) is set to float bonds worth Rs 277.50 billion to fund the Pune ring road project and the Virar-Alibaug multimodal corridor. Around Rs 222.50 billion will be allocated […]
Irrigation
Urban Transportation
Views of B. Mangla Prasad: “The seamless integration of public transport systems is a key challenge”
India’s metro footprint has expanded rapidly over the past few years. In response to this, metro rail corporations are witnessing an increasing interest in adopting digital solutions and technologies across all segments including construction, signalling, […]
Railways
IR allocates Rs 11.12 billion for KAVACH deployment during 2024-25
Indian Railways (IR) has allocated Rs 11.12 billion for the deployment of KAVACH during 2024-25. At present, KAVACH has been installed on a total of 144 locomotives and covers 1,465 route km (rkm) of the […]
Urban Infrastructure
Centre allocates funds for Mutha, Mula and Nag river rejuvenation projects under Union Budget 2024-25 in Maharashtra
The central government has allocated funds worth Rs 6.9 billion and Rs 5 billion for the Rejuvenation of Mutha and Mula River Project and Nag River Pollution Abatement project, respectively in Maharashtra under the Union […]
Urban Infrastructure
Centre allocates funds for Chandrawal WTP in Delhi under Union Budget 2024-25
The central government allocated funds worth Rs 2 billion for the Chandrawal water treatment plant (WTP) under the Delhi (Chandarwal) Water Supply Improvement project under the Union Budget 2024-25. The Chandrawal WTP is being implemented at […]
Railways
MoR aims to achieve freight revenue of Rs 1.8 trillion during 2024-25
The Ministry of Railways (MoR) is aiming to achieve freight revenue of Rs 1.8 trillion during 2024-25 with the transportation of 1,650 million tonnes (mt) of freight. Moreover, about Rs 910 billion, of this revenue, […]