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Chennai Metro to soon submit Phase II plan

Even as phase I of Chennai Metro Rail is finally becoming operational in segments, after six years of construction, phase II, stretching over 104.5...

JICA and IIFCL sign Rs 2,866 crore agreement to aid infra projects

Japan International Cooperation Agency (JICA) signed an agreement with India Infrastructure Finance Company Limited (IIFCL) to provide nearly Rs 2,866 crore aid for implementation...

JICA guarantees Rs 5,700 crore loan for highways in NE region

The C​entre said that Japan International Cooperation Agency (JICA) has pledged an overseas development assistance (ODA) of 96,457 million (about Rs 5,700 crore) for...

India signs loan agreement with JICA for Cleaning of Mula-Mutha River in Pune

The Centre signed a loan agreement with Japan International Cooperation Agency (JICA) for pollution abatement of River Mula-Mutha in Pune under National River Conservation...

Consortium led by Hitachi bags Rs. 2,390 crore DFCC contract

A consortium led by Hitachi has bagged a contract worth​ Rs.2​,​390 crore from the Dedicated Freight Corridor Corporation (DFCC) for supply and installation of...

Committee under NITI Aayog takes over appraisal process of High-speed Railway network

The PMO-appointed Empowered Committee on Innovative Collaborations under NITI Aayog Vice-Chairman, Arvind Panagariya has taken over the appraisal of the ambitious High-speed Railway network...

Sri Lanka to call Bids for $2.5 bn Urban Rail Transit Project

Chairman of Sri Lanka's Board of Investment, Upul Jayasuriya, said that the country will seek international competitive bids to select operators for its first...

L&T Construction bags orders worth Rs. 1489 Cr

The Water & Effluent Treatment Strategic Business Group of L&T Construction has won turnkey orders worth 1489 crores, in three packages, from Public Health...

JICA shows Interest in building Trans-Harbour Link across Thane creek

Maharashtra Chief Minister, Devendra Fadnavis, said that the Japan International Cooperation Agency (JICA) has shown keen interest in building trans harbour link between Mumbai...

A MEGA MANDATE FOR A MEGA INFRA BUILD

The Modi Mandate-'Purely for' development The Indian general election of May 2014 was a turning point as it brought in decisive mandate allowing an obstruction...

MMRC appoints consultants for Colaba-Bandra-Seepz corridor

The Mumbai Metro Rail Corporation (MMRC) appointed general consultants to serve it during the process of implementation of the 33.5 km Colaba-Bandra-Seepz metro-3 corridor. ...

China to help Indian railways increase speed on existing tracks

India and China agreed to enhance cooperation in the rail sector as Prime Minister Narendra Modi and his Chinese counterpart Li Keqiang chalked out...

Railways considering DMRC-like Company for High-Speed Train Projects

The railways ​is considering setting up ​of a company like ​the Delhi Metro Railway Corporation (DMRC), to build and operate a high-speed train project...

Govt in talks to raise US$ 3 bn for solar power projects

The union government is in talks with leading multilateral funding agencies to try and raise at least US$3 billion for solar power projects that...

India’s Ambitious Renewable Energy Plans

An ambitious plan been drawn by the union government, for its renewable energy program, taking steps to boost the “clean energy” output. Focussed solar...

MMRC likely to invite bids for Mumbai Metro-III line shortly

State-run Mumbai Metro Rail Corporation (MMRC) ​is likely ​to invite bids shortly ​for the 32.5-km, Rs 23,136 Cr Mumbai Metro Phase-III project between Cuffe Parade in South...

J​ICA gives Rs 467 crore for DMRC projects

Japan International Cooperation Agency (JICA) has given Rs 467.12 crore to Delhi Metro Rail Corporation (DMRC) for construction work of Phase III projects. The...
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JICA inks loan agreement of Rs 3,500 Cr​ for energy sector

Japan International Cooperation Agency (JICA) signed agreements with the Small Industries Development Bank of India (Sidbi) and the Indian Renewable Energy Development Agency Limited...

Railway Ministr​y plans to tap external funding for projects through PPP model

Railway minister DV Sadananda Gowda ​has proposed measures to tap external sources of funding to strengthen the railway infrastructure with technology adoption and modernization...

MMRDA,Cidco ​JV ​to jointly develop Mumbai Trans-Harbour Link​ and​ multi-modal corridor projects

To speed up the much-delayed Mumbai Trans-Harbour Link (MTHL) and the multi-modal corridor projects, state developmental agencies MMRDA and Cidco have decided to join...