The Greater Chennai Corporation (GCC) has sanctioned funds worth Rs 2 billion for the development of stormwater drainage (SWD) in uncovered areas of Chennai, Tamil Nadu. The work is likely to commence in February 2025. The scope of work includes the development of a 50 km SWD network in Mylapore, Luz, Royapettah, Triplicane, Tondiarpet, Royapuram, Korukkupet and Perambur. In addition, funds worth Rs 250 million have been allocated for the North Chennai Development Scheme.
Emerging Financing Avenues: Trends across the energy, water and telecom sectors
India’s infrastructure financing landscape has undergone a transformation, progressively moving beyond traditional budgetary sources towards more sophisticated and innovative strategies. Historically, critical infrastructure sectors such as roads, railways, ports, and urban rail have relied on […]
Dr G. Mohapatra: “Traffic growth projections of 12.1 per cent over the next five years augur well for the sector”
The Airports Authority of India (AAI) is continuously striving to improve the airport and air navigation system (ANS) infrastructure in the country. With a steady increase in traffic growth, capacity augmentation plans have been put […]
Revving Up: Growing focus on EV charging infrastructure
India’s urban mass transport sector is expanding rapidly, and with it, the electric vehicle (EV) charging infrastructure segment, reflecting the accelerating shift towards sustainable mobility solutions. This growth is visible most prominently in metro cities […]