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HomeKey FinancingsSanctions/ Grants

Sanctions/ Grants

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Sanctions/ Grants

Central government to sanction Rs 30 billion for two road projects in Kerala soon

November 1, 2018

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 […]

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Sanctions/ Grants

West Bengal government approves Rs 10.98 billion for construction of bridge over Bhagirathi river

September 4, 2018

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 […]

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Sanctions/ Grants

Tamil Nadu government sanctions Rs 41.8 million for Thirukattupalli bypass project

July 2, 2018

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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Sanctions/ Grants

MoRTH sanctions Rs 55 billion for regional ring road in Hyderabad

May 11, 2018

The Ministry of Road Transport and Highways (MoRTH) has sanctioned Rs 55 billion for the 363 km regional ring road in Hyderabad. In addition, Rs 17 billion has been sanctioned for Telangana under the Central […]

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Sanctions/ Grants

HWSSB approves Rs 16.5 billion for water and drainage facilities

May 11, 2018

The Haryana Water Supply and Sewerage Board (HWSSB) has approved funds worth Rs 16.5 billion for the improvement of drinking water, sewerage and stormwater drainage facilities in the state. Funds have been approved for 2,444 […]

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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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