Page 3 - Infra Projects

384 infra projects show cost overruns of Rs 4.66 trillion, says report

As many as 384 infrastructure projects, each entailing an investment of Rs 150 crore or more, have been hit by cost overruns of more than Rs 4.66 lakh crore, as per a report

Expressways pave the way for Uttar Pradesh's trillion-dollar dream

UP accounts for nearly 38 per cent of the total expressway network in the country

Environment Ministry takes steps for faster clearances of infra projects

Continuing its much-debated 'ease of doing business' mantra, the Ministry of Environment, Forest and Climate Change has sought to simplify approval procedures for infrastructure projects

428 infrastructure projects show cost overruns of Rs 4.98 trillion

As many as 428 infrastructure projects, each entailing an investment of Rs 150 crore or more, have been hit by cost overruns of more than Rs 4.98 lakh crore, as per a report

Centre setting up infra projects worth Rs 1.34 tr in North East: Sitharaman

Union Finance Minister Nirmala Sitharaman on Sunday said the Centre is implementing various rail, road and air connectivity projects worth Rs 1,34,200 crore in the northeast. Addressing the 'Natural Allies in Development and Interdependence' conclave here, she said the Union government has been pumping in huge money in developing a number of infrastructure projects throughout the region. "We are carrying out 20 railway projects worth Rs 74,000 crore for 2,011 km, which are spread across the northeast," Sitharaman said. The Centre is also developing 4,000 km of roads in the region at a total cost of Rs 58,000 crore, she added. "There are 15 ongoing air connectivity projects in the northeast, costing around Rs 2,200 crore," the finance minister said. She, however, did not mention the completion period of these projects.

Infra projects of Rs 500cr and more to route through PM GatiShakti's NPG

The Department for Promotion of Industry and Internal Trade (DPIIT) has also created a national master plan digital platform

IIFCL raises Rs 1,500 crore via debt to fund infrastructure projects

India Infrastructure Finance Company Ltd (IIFCL) on Thursday said it has raised Rs 6,000 crore in debt to provide impetus to government's infrastructure vision.

Omicron overhang: New projects drop for second straight quarter

Meanwhile, the value of completed projects went up for the second quarter in a row to Rs 1.4 trillion from Rs 1.15 trillion

L&T looks to tap green business, more infra projects in West Asia

Over 30% of L&T's power order book is from green energy. It has also electrified 10% of Indian villages over the last decade and modernised systems in several towns

Gati Shakti master plan: DPIIT to monitor, implement infra projects

The launch of the master plan is expected to boost infrastructure building by integrating key modes of transportation

Where are India's smart cities? The fate of the mission hangs in balance

An analysis reveals that just about a fourth of the funds allocated for smart cities have been spent, even though nearly half of the projects have been completed

Capacit'e Infraprojects announces robust results, Q4 PAT at Rs 24.4 Cr

Capacit'e Infraprojects Limited today announced its audited financial results for the quarter and full year ended 31st March, 2021

Slippery slope

Guaranteeing DFI debt will increase systemic risk

449 infrastructure projects show cost overruns worth Rs 4.29 trillion

As many as 449 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.29 lakh crore, according to a report

New landscape in Old India: Building spree in the midst of familiar hassles

Even as the govt tries to scale up infrastructure, Centre-state squabbles, environmentalists' concerns, hassles over land acquisition and plain old project delays affect projects, writes T N Ninan

448 infra projects report cost overrun of Rs 4.02 trn; 539 behind schedule

The report however, noted that the number of delayed projects decreased to 401, if delay is calculated on the basis of latest schedule of completion

Japan eager to assist in skill enhancing, infra projects in Assam: Envoy

For India, the development of North East is indispensable and the country is mobilising all the abundantly available resources in the region, including Assam, the envoy said

Tata Projects aims to close FY21 with a top line of Rs 12,000 crore

Himanshu Chaturvedi, chief strategy officer at Tata Projects, told Business Standard the firm was expected to close the financial year with an order book of Rs 55,000-60,000 crore

Maharashtra move to cut construction premiums to lower project costs by 17%

However, developers peg the benefit at 6 to 7 per cent after passing on stamp duty costs to buyers

Govt considers creating bank with $13.7 bn equity to fund roads, ports

The finance ministry has prepared a note for Modi's cabinet to discuss the proposal