Page 2 - Infra Projects

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

Why infra projects need surety bonds

According to a report by Aon, the financial services firm, the global contract surety market was worth $6.5 billion in terms of premiums in 2018

PM Modi reviews projects worth over Rs 1 trillion in 'Pragati' meeting

He said all states should strive for 100 percent enrolment in Ayushman Bharat at the earliest

82% MoUs with investors turned into actual projects past 10 years: TN govt

Refutes reports that only 9.4% of investment proposals in the state were converted to projects during that time

US body announces $54 mn investment in India to support infra projects

An American financial corporation on Tuesday announced that it will invest USD 54 million in India to support the development of critical infrastructure projects in the country

PM suggests state-specific export plan; reviews projects worth Rs 1.41 trn

In the previous 32 such meetings, a total of 275 projects worth Rs 12.5 lakh crore have been reviewed, along with 47 programmes/schemes and grievances across 17 sectors that were taken up

UP govt speeds up land acquisition for 91-km Gorakhpur Link Expressway

The mega project spanning four districts is estimated to cost over Rs 5,800 crore, benefiting a total population of 50 million