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HomeKey FinancingsSanctions/ Grants

Sanctions/ Grants

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Sanctions/ Grants

MoRTH sanctions Rs 80 billion for development of national highways in Telangana

January 13, 2017

The Ministry of Road Transport and Highways has sanctioned Rs 80 billion for the development of national highways in Telangana. Some of these roads are Surya Pet-Khammam, Manheryal-Chandrapur, Sangareddy-Nanded, Jagityal-Karimnagar-Warangal and Kodad-Khammam.The state government has […]

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Sanctions/ Grants

Centre sanctions Rs 32.24 billion to Rajasthan under AMRUT

January 13, 2017

The centre has sanctioned Rs 32.24 billion for several urban infrastructure projects, including water supply and sewage management, in Rajasthan. The funds have been sanctioned under the Atal Mission for Rejuvenation and Urban Transformation scheme. […]

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Sanctions/ Grants

NCRPB releases first installment of loan for Noida-Greater Noida metro

January 13, 2017

The National Capital Region Planning Board (NCRPB) has disbursed the first installment of Rs 4.06 billion for the under-construction Noida-Greater Noida metro project. A loan of Rs 5.8 billion will be given by NCRPB in […]

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Sanctions/ Grants

Grant of Rs 5.15 billion for Sagar port approved

October 26, 2016

The central government has given in-principle approval to a grant of Rs 5.15 billion for the development of Sagar port in West Bengal. The grant has been given to make the project financially viable. An […]

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Sanctions/ Grants

CCEA approves VGF of Rs 51.76 million to GAIL

October 26, 2016

The Cabinet Committee on Economic Affairs (CCEA) approved viability gap funding (VGF)/partial capital grant of 40 per cent (Rs. 51.76 billion) of the estimated capital cost of Rs 129.4 billion to GAIL (India) Limited for […]

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Sanctions/ Grants

BWSSB seeks grant from Karnataka government for water supply and sewerage scheme for Bengaluru

September 1, 2016

The Bangalore Water Supply and Sewerage Board (BWSSB) in Karnataka has sought a grant worth Rs 18.86 billion from the state government to implement water supply and underground drainage (UGD) works in the newly added […]

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Sanctions/ Grants

NABARD sanctions loan for 10 MW Haryana solar project

September 1, 2016

The National Bank for Agriculture and Rural Development (NABARD) has approved a loan of Rs 2.05 billion for a 10 MW solar plant at Haryana Power Generation Corporation Limited’s 1367.8 MW Panipat thermal power station. […]

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Sanctions/ Grants

Rs 410 million sanctioned for Siddipet under AMRUT

July 13, 2016

The central government has sanctioned Rs 410 million for Siddipet town (second phase) under the Atal Mission for Rejuvenation and Urban Transformation. In the first phase, about Rs 200 million was sanctioned for the town. […]

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Sanctions/ Grants

Centre approves Rs 55.3 billion investment in basic infrastructure under AMRUT

June 13, 2016

The central government has approved an investment of over Rs 55.3 billion for providing basic infrastructure in 111 cities across six states under the AMRUT scheme for the current fiscal year (2016-17). The central assistance […]

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Sanctions/ Grants

MoUD funds water grid link to 10 towns under AMRUT

June 13, 2016

The Ministry of Urban Development (MoUD) has allocated Rs 2 billion under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) scheme for linking water supply networks of 10 municipal corporations in Telangana with the […]

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Sanctions/ Grants

PMC approves revised funding proposal for 24×7 Pune Water Supply Scheme

June 13, 2016

The standing committee of the Pune Municipal Corporation (PMC) in Maharashtra has approved the revised funding proposal for the 24×7 Pune Water Supply Scheme. According to the revised plan, the current project cost is estimated […]

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Sanctions/ Grants

SCMC seeks funds from Govt. of Tamil Nadu

June 13, 2016

The Salem City Municipal Corporation in Tamil Nadu has sought Rs 458.5 million from the Tamil Nadu government to implement the Salem Dedicated Water Supply Scheme. The project is being implemented in two phases. While […]

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Sanctions/ Grants

Odisha government allocates Rs 3.73 billion for Sambalpur STP

May 14, 2016

The Odisha government has allocated Rs 3.73 billion for the Sambalpur sewage treatment plant (STP) project. Of the allocated funds, Rs 400 million will be provided by the Odisha Urban Industrial Development Fund in the form […]

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Sanctions/ Grants

MoUD releases Rs 1.94 billion to PMC for projects under the Smart Cities Mission

May 14, 2016

The Ministry of Urban Development has released a sum of Rs 1.94 billion to the Pune Municipal Corporation (PMC), Maharashtra, for implementing various projects under the Smart Cities Mission. As per the plans, the civic […]

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Sanctions/ Grants

MoRTH sanctions funds for two road projects in J&K

May 14, 2016

The Ministry of Road Transport and Highways has sanctioned funds for the Jammu semi-ring road project and the Srinagar semi-ring road project. Funds worth Rs 14 billion and Rs 18.6 billion have been approved for […]

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Sanctions/ Grants

AP government earmarks Rs 26.37 billion till 2021 under AMRUT

March 7, 2016

The Andhra Pradesh government has earmarked Rs 26.37 billion for undertaking a number of projects under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) over the next five years. According to the plans, the central […]

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Sanctions/ Grants

AP government earmarks Rs 26.37 billion till 2021 under AMRUT

February 10, 2016

The Andhra Pradesh government has earmarked Rs 26.37 billion for undertaking various projects under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) over the next five years. As per the plans, the central government will […]

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Sanctions/ Grants

MoUD approves annual action plan for Karnataka under AMRUT

January 10, 2016

The Ministry of Urban Development (MoUD) has approved the SAAP worth Rs 12.58 billion for Karnataka under AMRUT for the current financial year. About 90 per cent of the funds will be utilised for undertaking […]

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Sanctions/ Grants

NMC receives Centre’s nod for water supply improvement project

January 10, 2016

The Nellore Municipal Corporation in Andhra Pradesh has received approval from the central government to implement the Nellore Water Supply Improvement Project with financial assistance from the Japan International Cooperation Agency (JICA). JICA will provide […]

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Sanctions/ Grants

Kerala government to implement AMRUT in nine cities

January 10, 2016

The Department of Urban Affairs, Government of Kerala, will implement AMRUT in nine cities under the first phase of the mission. According to the state annual action plan (SAAP), a sum of Rs 5.87 billion […]

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