The World Bank’s International Finance Corporation (IFC) is committing an equity investment of up to $15 million in an India-focused clean energy fund managed by GEF Capital Partners. The investment will be capped at 20 […]
The NITI Aayog and the Ministry of Railways (MoR) have accorded sanction for mobilising funds from multilateral and bilateral agencies for the implementation of the Kerala semi-HSR corridor project (Silver Line). The project is being […]
The Department of Expenditure, Ministry of Finance, has released the second monthly instalment of post-devolution revenue deficit grant of Rs 98.71 billion for the year 2021-22 to 17 states. With the release of the second […]
The Uttar Pradesh government has allocated funds for various road projects under Budget 2021-22. Funds worth Rs 11.07 billion have been allocated for the Purvanchal expressway project, while Rs 14.92 billion has been allocated to […]
The Odisha government has allocated funds for various road projects under the Budget 2021-22. Funds worth Rs 22.96 billion have been allocated for the road development programme, with a physical target for the completion of […]
The Power Finance Corporation (PFC) has sanctioned Rs 27.9 billion to Jammu & Kashmir Power Corporation Limited (JKPCL) for clearing its outstanding dues. PFC and JKPCL signed and exchanged an agreement for the Liquidity Infusion […]
The Kerala Infrastructure Investment Fund Board (KIIFB) has released funds worth Rs 3.2 billion as the first instalment to the National Highways Authority of India (NHAI) for acquisition of land for the Kasaragod-Thiruvananthapuram highway project. […]
The Uttar Pradesh government has sanctioned funds worth Rs 2 billion and Rs 14.6 billion for the Bundelkhand six-lane expressway project and the Purvanchal expressway project, respectively, in its second supplementary budget announced on December […]
The Tamil Nadu government has sanctioned funds worth Rs 11.47 billion to upgrade rural roads in the state. The upgrade comes under the category of “other district roads” which include six-lane/intermediate lane stretches that connect […]
The Tamil Nadu government has sought funds worth Rs 53.98 billion from the central government for the implementation of various water supply projects in Tamil Nadu. The proposed projects include the development of a 100 […]
The Gujarat government has approved a grant of Rs 5.96 billion to 18 municipalities and six municipal corporations for various infrastructure and development works. The state administration has approved Rs 1.53 billion for water supply […]
The Karnataka government has allocated Rs 100 billion for development of 7,940 km of roads under the State Highway Development Project as part of the state budget 2019-20. Further, works for improvement and upgradation of […]
The Ministry of Road Transport and Highways (MoRTH) has released Rs 1.93 billion for two sections of the India-Myanmar-Thailand trilateral highway. For the 120.74 km Kalewa-Yagyi road section, it has released Rs 1.88 billion of […]
The central government has sanctioned Rs 68.04 billion for road and bridge projects in Bihar. These include the four-lane bridge parallel to the Vikramshila Setu connecting Naugachia with Bhagalpur, and upgradation of seven roads spanning […]
The Jammu & Kashmir government has allocated funds worth Rs 20 billion for water supply and sewage treatment infrastructure in the state budget 2019-20. Of the total funds, an allocation of Rs 5 billion has […]
The Uttar Pradesh government has sanctioned funds worth Rs 3.53 billion for the Agra sewerage project. The bidding process for the project is expected to commence soon. The project involves laying of a 251 km […]
The Haryana government has approved funds worth Rs 900 million for Phase II of the Ambala Sewage Project. The project involves laying 131 km of sewage pipelines in Ambala Sadar zone, including colonies in Babiyal, […]
The central government is likely to sanction funds worth Rs 30 billion for two road projects in Kerala soon. The first involves four-laning of the 39 km Thalapady-Chengala road stretch from km 17.2 to km […]
The West Bengal government has approved Rs 10.98 billion for the construction of a bridge over the Bhagirathi river, connecting Kalna in Burdwan with Shantipur in Nadia. The project will be carried out by the […]
The Tamil Nadu government has sanctioned funds worth Rs 41.8 million to facilitate land acquisition for the Thirukattupalli bypass project. The project involves the construction of a 3.2 km bypass road from the Thogur-Ayyampettai road […]
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