Page 7 - Infrastructure

Centre approves ₹803 crore request for 152 road projects across Delhi

The Central government has approved a fund request of Rs 803 crore to take up 152 road-related projects across Delhi, officials said on Tuesday. The funds have been approved under the Central Road and Infrastructure Fund (CRIF). Earlier, in July, Chief Minister Rekha Gupta had requested the funds during a high-level meeting chaired by Union Minister for Road Transport and Highways Nitin Gadkari. "The competent authority in this ministry has agreed to approve the work listed to an amount of Rs 803.39 crore to meet the cost of work debitable to the allocations of the Government of NCT of Delhi under the CRIF Act, 2000," the letter issued by the Ministry of Road Transport and Highways, accessed by PTI, said. The Public Works Department (PWD) manages about 1,400 kilometres of roads in the capital. A plan is already underway to repair 600 kilometres of roads over the year. PWD Minister Parvesh Verma earlier announced that these upgrades align with the city's broader environmental and ..

Semicon India 2025: Industry flags infra, talent as key challenges

Industry leaders at Semicon India 2025 said India's semiconductor sector faces hurdles including infra gaps, shortage of fab-specific talent and supply chain vulnerabilities

As renewables replace coal, India's Viksit Bharat target faces energy test

Changes in energy mix will majorly impact the growth in coal demand, mining activity, and associated employment

Net ECB inflows rise to $4.6 billion in Apr-Jun 2025, shows RBI data

RBI data showed net ECB inflows rose to $4.6 billion in April-June 2025 from $2.8 billion a year ago, even as registrations moderated and sectoral trends diverged

BS Infra Summit: Open more sectors to private investment, say experts

Experts warn India's infra push risks delays without better planning, funding models, and PPP reforms to match rapid growth

BS Infra Summit: How lending trends in 2010s created bad loan crisis

The paper notes that the problem was not just weak lending choices; core project risks were built into the model

BS Infra Summit: Need a virtuous cycle of investments, says Gadkari

Financing and technology can overcome execution and road safety challenges to achieve national targets, says Nitin Gadkari

BS Infra Summit: From power to ports, making of Indian infrastructure

India's infrastructure story shines at BS Summit 2025, with leaders charting bold visions in roads, ports, energy, and aviation to power Viksit Bharat 2047

Leadership reshuffle: Shapoor Mistry steps down as Afcons chairman

After more than 13 years as Afcons Chairman, Shapoorji Mistry steps down to become Chairman Emeritus while his son Pallon Mistry joins the board, marking a generational transition

Navi Mumbai to emerge as MMR's next prime office destination: Report

Cushman & Wakefield report highlights Navi Mumbai's cost advantage, 87 per cent office occupancy, and new infra projects including the upcoming international airport by 2025

Revenue of large, diversified EPC companies to grow 9-11% in FY26: Crisil

Crisil said revenue growth of EPC companies will be supported by robust order books, higher infrastructure spending and improved order mix, with margins set to expand

Reliance Infra to monetise Pune-Satara toll road asset at EV of ₹2,000 cr

Reliance Infrastructure plans to monetise its Pune-Satara Toll Road project at an enterprise value of ₹2,000 crore, with Cube Highways set to acquire the asset

BS Infrastructure Summit highlights: Average container dwell time improved to 3 days, says minister

BS Infrastructure Summit 2025 highlights: Stay tuned as Business Standard delivers live updates and expert commentary from the event

All roads lead to first Business Standard Infrastructure Summit today

The day-long event will range from funding models for Viksit Bharat to the future of energy, aviation, and logistics

Core sector growth falls to 2% in July against 6.3% in same month last year

Eight infrastructure sectors' growth slowed down to 2 per cent in July 2025 from 6.3 per cent in the same month last year, according to official data released on Wednesday. The core sector's output growth was 2.2 per cent in the previous month of June. The production growth was dragged by five key sectors of coal, crude oil, natural gas, and refinery products, which recorded a decline in output in July. In April-July of this fiscal year, the eight infrastructure sectors expanded by 1.6 per cent, compared to 6.3 per cent during the same period last year.

Shaping the Urban Challenge Fund: Seven steps to strengthen delivery

Making cities engines of growth will take more than money. Here are seven steps to strengthen the delivery of the Budget's Urban Challenge Fund

Authum Investment & Infra promoter divests 2.7% stake for ₹1,165 cr

Mentor Capital, one of the promoters of Authum Investment & Infrastructure Ltd, on Thursday pared a 2.7 per cent stake in the NBFC firm for Rs 1,165 crore through open market transactions. Capital markets veteran Sanjay Dangi and his wife, Alpana Dangi, control Mentor Capital. According to the bulk deal data on the BSE, Mentor Capital offloaded 46.61 lakh shares, representing a 2.74 per cent stake in Mumbai-based Authum Investment & Infrastructure Ltd (AIIL). The shares were disposed of at an average price of Rs 2,500.58 apiece, taking the transaction value to Rs 1,165.60 crore. Meanwhile, US-based Fidelity International through its affiliate bought 27.41 lakh shares or 1.61 per cent stake in AIIL for Rs 685 crore through an open market transaction. The shares were picked up at an average price of Rs 2,500 apiece. Details of the other buyers of Authum Investment & Infrastructure's shares could not be ascertained on the exchange. Shares of Authum Investment & ...

ONGC to invest ₹4,600 crore to drill 10 wells, other infra in KG Basin

The oil and gas major ONGC will be investing over Rs 4,600 crore to drill 10 development wells, to set up two unmanned platforms, to lay an offshore pipeline, and to establish an onshore gas processing facility in Konaseema District of Andhra Pradesh. Oil and Natural Gas Corporation Limited (ONGC) has approached the Ministry of Environment and Forests seeking fresh environmental clearance for the proposed project, an Experts Appraisal Committee (EAC) under the ministry said in the minutes of its meeting held on July 24. Letter of Award (LOA) for Offshore Oil and Gas Contract areas KG/OSDSF/CHANDRIKA/2021 (Chandrika) comprising an area 697 sq km and KG/OSDSF/GS49/2021 (GS49) comprising an area of 148 sq km in East coast were issued by Director General of Hydrocarbons in September 2022 under under DSF-III (Discovered Small Field-III). "Total land area required is 26.3 hectares (Odalarevu Terminal) for the proposed installation. Greenbelt will be developed in a total area of 8.7 ...

Centre sanctions ₹821 crore as special assistance to Delhi: CM Gupta

Chief Minister Rekha Gupta on Wednesday said the Central government has sanctioned Rs 821.26 crore as special assistance to accelerate the transformation of the national capital into a "developed Delhi". The chief minister said that 66 per cent of the sanctioned amount has been released as the first instalment, enabling immediate commencement of key projects. The funds will be utilised for critical public service sectors, including health, education, housing, drinking water, electricity and transport. Gupta said the Union Finance Ministry has approved the allocation under the Scheme for Special Assistance to States for Capital Investment (SASCI) 202526. Of the total amount, Rs 716 crore under Part-I has been earmarked for 33 major infrastructure projects, while an additional Rs 105.26 crore under Part-III has been sanctioned for the Priority Corridor of MRTS Phase-IV, an official statement said. Expressing her gratitude to Prime Minister Narendra Modi, Union Home Minister Amit Sha

Strong reforms to boost infra development in Maharashtra: Morgan Stanley

The state government is aiming to develop state-of-the-art infrastructure facilities in an environmentally, economically, and socially sustainable manner