Page 9 - Infrastructure Projects

L&T, CPPIB divest stake in L&T Infra Projs to Edelweiss SPV for Rs 2,723 cr

Enterprise value pegged at Rs 6,000 crore; portfolio includes 8 roads and one power transmission asset; deal closure likely by end of FY23

Way clear for India's longest elevated 6-lane flyover in Kerala's Alappuzha

The decks have been cleared for the work to begin on the construction of the country's longest elevated 6-lane flyover in Kerala's Alappuzha district at a cost of Rs 1,668.50 crore

DPIIT ropes in 5 social sector ministries for infra development

The five ministries/departments are health, ministry of women and child development, department of rural development and panchayat raj, education, and ministry of housing and urban affairs

Centre nods for Goa like beach shacks across coastal states to lift tourism

Shacks are crucial to tourism and local businesses in Goa and Maharashtra and currently, they have to be removed in the monsoon months (June to August)

UP acquires 95% of land for 595-km Ganga Expressway mega project

The mega project is estimated to be commissioned in November 2025

Sembcorp acquires 100% stake in GIP-backed Vector Green for Rs 2,780 cr

Vector has a total portfolio of 583 Mw across 13 states; deal will take Sembcorp's gross renewable assets in India to 3 Gw

PM Modi launches infra projects worth Rs 15,233 cr in Andhra Pradesh

: Prime Minister Narendra Modi on Saturday dedicated to the nation the Rs 2,917 crore U-field Onshore Deepwater Block project of ONGC in Andhra Pradesh. It is the deepest gas discovery project with a production potential of about three million metric standard cubic metres per day (MMSCMD). On the second day of his two-day tour of the state, the Prime Minister in all launched nine projects worth Rs 15,233 crore in virtual mode from the Andhra University Engineering College grounds and unveiled a plaque. Andhra Pradesh Governor Biswabhusan Harichandan, Chief Minister Y S Jagan Mohan Reddy, Union Railways and IT Minister Ashwini Vaishnaw, state ministers, MPs and legislators attended the event. Modi dedicated the 39-km Narasannapeta to Pathapatnam section of NH-326A built at a cost of Rs 211 crore as part of the Srikakulam-Gajapati Corridor. The project would provide better connectivity to the backward areas of AP and Odisha. Modi laid foundation stone for the AP section of six-lane

Nitin Gadkari calls on Assam Governor, discusses infrastructure projects

Union Minister for Road Transport and Highways Nitin Gadkari on Thursday met Assam Governor Prof. Jagdish Mukhi at Raj Bhavan in Guwahati and discussed the infrastructure projects being undertaken

Disbursements to self-help groups and rural roads yield less, says NSO

Performance of an item is considered poor if the level of targets achieved has been below 80 per cent

Tata Projects consortium served termination notice over 'intolerable' delay

Move over 'inordinate delay' in executing crucial stretch of Western DFC

Welcome write-off: Acknowledging failure of 116 projects is the first step

It is true that the government should not throw good money after bad, but failed projects should at least be used as lessons to improve the implementation of future infrastructure projects

Centre may axe 116 infra projects worth Rs 1.26 trn lagging for decades

Land issues, Centre-State tussles caused delay, roads and railways have the highest share

Rs 16K-crore green bond framework to cover funding across sectors

The framework is expected to cover funding of green and sustainable infrastructure across sectors such as roads, railways, urban transportation, and even agriculture and social sector

768 start-ups register to participate in railway infrastructure: Govt

The offers have come from 123 startups, 80 individual innovators, 81 micro small and medium enterprises (MSMEs), and 18 research and development organisations and institutes

L&T may conclude divestment of its road assets by the end of FY23

Exit from Hyderabad Metro, Nabha Power may take 2-3 years, says CFO R Shankar Raman

NITI wants infra projects lagging for decades completed by FY23-end

Shortlists 494 projects, including 279 roads and highways worth Rs 1.92 trillion, petroleum projects worth Rs 1.11 trillion, almost a trillion rupees worth of railway projects

NITI wants infra projects lagging for decades completed by FY23-end

Shortlists 494 projects, including 279 roads and highways worth Rs 1.92 trillion, petroleum projects worth Rs 1.11 trillion, almost a trillion rupees worth of railway projects

Nitin Gadkari wants retail investors to pip institutions in NHAI InvIT

Next InvIT issuance will have higher reservation for retail investors, says MoRTH Secretary Upadhyaya

IRB set to reap benefits from govt's infrastructure push, says report

IRB Infrastructure is well poised to leverage the government's push on creating highway infrastructure due to its strong balance sheet and its association with the Spain-based Cintra

One year of PM-GatiShakti: National masterplan drives infra projects

It is helping identify high-congestion stretches along national highways and railway tracks, offering time-bound solutions and even ensuring more schools in unserved villages.