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HomeKey FinancingsSanctions/ Grants

Sanctions/ Grants

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Sanctions/ Grants

Rs 6 billion sanctioned for nine cities in Haryana under AMRUT

May 11, 2018

Funds worth Rs 6 billion have been allocated for the implementation of nine projects across nine cities in Haryana. The sanction, under Phase II of  the Atal Mission for Rejuvenation and Urban Transformation, is for […]

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Sanctions/ Grants

Jammu & Kashmir government sanctions Rs 426.11 billion for road projects

April 9, 2018

The Jammu & Kashmir government has sanctioned Rs 426.11 billion for three road projects in the state. These projects are the Zojila Pass tunnel project, the Srinagar ring road/bypass project and the Jammu stand-alone ring […]

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Sanctions/ Grants

Odisha government sanctions Rs 42.65 billion for road projects

April 9, 2018

The Odisha government has sanctioned Rs 42.65 billion for road projects in the state. The scope of work involves the improvement of 1,175 km of roads, 40 bridges and five rail overbridges. The sanctioned amount […]

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Sanctions/ Grants

BSES Rajdhani Power receives $1 million grant from the USTDA

March 10, 2018

BSES Rajdhani Power Limited (BRPL) has received a $1 million grant from the US Trade and Development Agency to develop and deploy India’s first Behavioural Energy Efficiency programme in south and west Delhi. The programme […]

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Sanctions/ Grants

Uttar Pradesh government allocates Rs 113.43 billion for road construction under State Budget 2018-19

March 10, 2018

The Uttar Pradesh government has allocated Rs 113.43 billion for the construction of roads and Rs 18.17 billion for the construction of bridges under the State Budget 2018-19. Further, Rs 6.5 billion has been allocated […]

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Sanctions/ Grants

NABARD sanctions Rs 1.23 billion for road projects in Mizoram

February 4, 2018

The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 1.23 billion for four road projects and one bridge project under the Rural Infrastructure Development Fund (RIDF XXII) in Mizoram. The projects are […]

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Sanctions/ Grants

NHAI sanctions Rs 3.14 billion for Kazhakuttam flyover project

February 4, 2018

The National Highways Authority of India (NHAI) has sanctioned funds worth Rs 3.14 billion for the construction of the 2.34 km Kazhakuttam flyover in Kerala. The flyover will originate from Technopark on the Kazhakuttam-Karode bypass, […]

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Sanctions/ Grants

AAI allocates funds of about Rs 34 billion for up-gradation of airports in Northeast

February 4, 2018

The Airports Authority of India (AAI) has allocated funds to the tune of Rs 34 billion for the upgradation of airports in the north-eastern region of India. Of the total funds, Rs 17.2 billion has […]

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Sanctions/ Grants

European Investment Bank and YES Bank to lend $400 million for green energy projects

January 30, 2018

The European Investment Bank (EIB) and private sector lender YES Bank have floated a $400 million (Rs 25.62 billion) co-financing programme for the construction of solar power plants and wind farms across India. YES Bank […]

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Sanctions/ Grants

Centre allocates Rs 299 million for rejuvenation of Cauvery river

January 30, 2018

The central government has allocated additional funds of Rs 299.4 million under the Atal Mission for Rejuvenation and Urban Transformation for the rejuvenation of the Cauvery river in Karnataka. Of the funds allocated, about Rs […]

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Sanctions/ Grants

Central government approves Rs 18 billion for Talegaon-Chaufala Chowk road project

January 30, 2018

The central government has approved Rs 18 billion for widening of the 56 km Talegaon-Chakan-Shikrapur-Navara-Chaufula Chowk road in Maharashtra. The detailed project report for the project had been prepared by the National Highways Authority of […]

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Sanctions/ Grants

Uttar Pradesh government sanctions Rs 1.53 billion for Purvanchal Expressway

January 30, 2018

The Uttar Pradesh government has sanctioned Rs 1.53 billion for the Purvanchal Expressway in its supplementary budget. The project involves the construction of an access-controlled greenfield expressway connecting Lucknow to Ballia, passing through Barabanki, Sultanpur, […]

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Sanctions/ Grants

Odisha government allocates over Rs 4 billion for water supply and sanitation works

December 8, 2017

The Odisha government has, under its supplementary budgetary provisions, allocated Rs 1.11 billion for urban water supply under the Buxi Jagabandhu Assured Water Supply to Habitations scheme, Rs 1.09 billion for urban sanitation and Rs […]

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Sanctions/ Grants

Central government approves Rs 15 billion for Pune Ring Road Project

December 8, 2017

The central government has approved funds worth Rs 15 billion for the implementation of the Pune Ring Road Project in Maharashtra. The project involves the construction of a 129 km ring road, which will be […]

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Sanctions/ Grants

MoS sanctions Rs 750 million for JNPT and Karwar port

November 7, 2017

The Ministry of Shipping (MoS) has sanctioned funds worth Rs 250 million as grants-in-aid to the Jawaharlal Nehru Port Trust and Rs 500 million to the Karnataka government for the Karwar port for developing various […]

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Sanctions/ Grants

Centre approves Rs 14 billion for Northeast under Smart Cities Mission

November 7, 2017

The centre has approved Rs 14 billion for eight cities in the Northeast under the Smart Cities Mission, covering 464 projects including water and sewerage projects. Of these, 24 projects costing Rs 3 billion, identified […]

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Sanctions/ Grants

Centre to sanction Rs 20 billion for national highway in Andhra Pradesh

November 2, 2017

The central government has agreed to sanction Rs 20 billion for the construction of a 418 km national highway connecting East Godavari district and Vizianagaram. The national highway will begin from Rajamahendravaram in East Godavari […]

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Sanctions/ Grants

Rajasthan government allocates Rs 50 billion towards water supply provision in Ajmer

October 2, 2017

The Rajasthan government has allocated a sum of Rs 50 billion for the construction of drainage networks and the provision of daily water supply, among other developmental works, in Ajmer. The proposed works are estimated […]

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Sanctions/ Grants

Kerala government earmarks Rs 1.29 billion for Kochi projects under AMRUT

September 5, 2017

The Kerala government has allotted Rs 1.29 billion to Kochi city as central assistance for projects to be implemented under AMRUT. Of this amount, Rs 530.1 million (about 41 per cent) has been allotted for […]

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Sanctions/ Grants

Maharashtra government approves funds for water and sewage projects

September 5, 2017

The Urban Development Department of the Maharashtra government has issued a notificationapproving funds for 18 sewage and water management projects being implemented by14 municipal corporations across the state. In order to ensure their timely completion, […]

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