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IRB Infra takes two stressed projects to NHAI for rescheduling premium
IRB Infra takes two stressed projects to NHAI for rescheduling premium
Mar 13, 2014

IRB Infrastructure Developers takes the lead to take advantage of the Rangarajan formula adopted by the government. It has approached the NHAI to reschedule its premium payments in case of two

Industrial production crawls, manufacturing declines in January despite power boost
Industrial production crawls, manufacturing declines in January despite power boost
Mar 13, 2014

The Quick Estimates of Index of Industrial Production for the month of January 2014 released by the Central Statistics Office indicate that overall industrial output managed to remain positive but flat

Delays frustrate contractor, quits Ambala-Yamunanagar 4-laning project
Delays frustrate contractor, quits Ambala-Yamunanagar 4-laning project
Mar 12, 2014

The private contractor who was given the contract to four-lane the 102-km stretch of the Ambala-Yamunanagar national highway (NH-73) has opted out of the project saying inordinate delays in

14 consortia evince interest in underground Mumbai Metro 3, RInfra stays away
14 consortia evince interest in underground Mumbai Metro 3, RInfra stays away
Mar 11, 2014

The Rs 23,000 crore, India first fully underground metro line of Mumbai, running from Colaba in the south to SEEPZ in the north via Bandra, has attracted as many as 14 national and international

SPML Infra bags water supply and T&D projects in Gujarat, Bihar
SPML Infra bags water supply and T&D projects in Gujarat, Bihar
Mar 10, 2014

SPML, an infrastructure development company, has won two orders worth Rs 721 crore from Bhavnagar Irrigation Project Division, Gujarat and South Bihar Power Distribution Company, Patna.

Larsen and Toubro bags orders worth Rs 2,935 crore in Feb-Mar
Larsen and Toubro bags orders worth Rs 2,935 crore in Feb-Mar
Mar 10, 2014

Larsen & Toubro has bagged orders worth Rs 2,935 crore across various business segments in February and March. Of these, new orders worth Rs 1,035 crore have been won by its transportation

Maharashtra decides not to provide any more free houses to illegal slum dwellers in Mumbai
Maharashtra decides not to provide any more free houses to illegal slum dwellers in Mumbai
Mar 10, 2014

The Congress-NCP led Maharashtra state government has decided not to provide any more free of cost houses to illegal slum dwellers in the city. Recently, ahead of general elections the government

Work stoppage hits Subansiri hydro project as total cost escalates
Work stoppage hits Subansiri hydro project as total cost escalates
Mar 10, 2014

Agitation by a section of stakeholders on grounds of safety related aspects and downstream impact forced suspension of work of NHPC'S Subansiri project in Assam since December 2011. This has led

CHD Developers expanding presence in Gurgaon, to take up third project
CHD Developers expanding presence in Gurgaon, to take up third project
Mar 10, 2014

The national capital-based realty firm, CHD Developers has bought 10.5 acres of land in Gurgaon for about Rs 300 crore to develop a housing project. It already has two projects under development in

Consultant to be hired to study Kundli-Manesar-Palwal expressway project
Consultant to be hired to study Kundli-Manesar-Palwal expressway project
Mar 10, 2014

After 4 years and missing 12 deadlines, the viability of Kundli-Manesar-Palwal (KMP) expressway hangs on fire. Until now, the physical progress of the project is around 69 per cent and its future

E Sreedharan now Chief Advisor for Lucknow metro rail project
E Sreedharan now Chief Advisor for Lucknow metro rail project
Mar 08, 2014

E Sreedharan, the Metro Man, has been appointed as Uttar Pradesh government’s chief advisor for its ambitious Lucknow metro rail project.Advisor for externally aided projects department, Madhukar Jetley

Sadbhav Engineering bags state highway project in Odisha
Sadbhav Engineering bags state highway project in Odisha
Mar 08, 2014

Sadbhav Engineering has bagged a Rs 140-crore project in Odisha pertaining to widening and strengthening of Raj-Athagarh-Narsinghpur Road to two-lane under State Highways Development

’Economic Stress’ clause to be included in Model Concession Agreement for road sector
’Economic Stress’ clause to be included in Model Concession Agreement for road sector
Mar 08, 2014

Given the poor response and road developers backing out of crucial road projects, the government has decided to include ’Economic Stress’ as a clause along with political fallout, indirect political fallout and

Lucknow Metro rail scouting hard for land to set up construction yard
Lucknow Metro rail scouting hard for land to set up construction yard
Mar 07, 2014

Facing the first bottleneck, the Lucknow Metro Rail Corporation (LMRC) is finding it hard to find a land to set up metro-rail project's construction yard for building precast structures for the project. It

EC’s nod sought to clear crucial highway projects and additional funds for J&K roads
EC’s nod sought to clear crucial highway projects and additional funds for J&K roads
Mar 07, 2014

The government has sought the Election Commission's nod for the Cabinet to clear crucial highway projects as the model code come into force. The government wants to clear additional funds of Rs