Page 7 - Infrastructure Projects

With India funding, Nepal inaugurates two crucial infrastructure projects

Two projects in Nepal were inaugurated, both of which were built with India's grant assistance of a total of Nepal Rupees 89.2 million

Parliament passes bill to set up National Bank for Financing Infrastructure

Parliament on Thursday passed a bill to set up the National Bank for Financing Infrastructure and Development (NaBFID) to fund infrastructure projects in India

Rs 12,700-crore Mumbai coastal project taps new state-of-the-art technology

The massive project will involve digging a kilometre-long tunnel under the Arabian Sea - a first for India

DFI employees may get shield against 'ill-informed' probe, prosecution

The government expects the DFI to finance a large percentage of the Rs 115-trillion spending needed for the National Infrastructure Pipeline

Delhi Metro revamps 12 old stations of Red Line, infrastructure upgraded

Twelve old stations of Delhi Metro's Red Line have been refurbished with upgraded infrastructure and enhanced look as part of a massive renovation exercise, officials said on Sunday.

Interested in asset monetisation, next-gen road projects: IFC A-Pac head

"There are a very few countries in the world today like India which has decades of experience, through the PPP space, and having systematised, standardised contracts in the road, energy sector"

Allow firms to invest in EL-rated infra projects: Govt to regulators

Regulators have now permitted investment in high-rated infra projects

448 infrastructure projects show cost overruns worth Rs 4.02 trillion

The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above

Budget 2021: The right formula for revival, says Centrum Group's J Bindra

The DFI should play a more dev­elopmental role in building greenfield infra projects, which could help achieve the target of Rs 5 trillion.

450 infrastructure projects show cost overruns of Rs 4.28 trillion: Report

Of the 1,687 such projects, 450 reported cost overruns and 558 were delayed

FinMin proposes DFI tag for IIFCL to support long term financial needs

IIFCL is a government-owned entity, which is registered as a non-deposit accepting loan company with the Reserve Bank of India.

Special forum likely for foreign investors to ease contract woes

Law ministry in consultation with chief justices of high courts to designate one or more civil courts as special courts

Govt infuses Rs 6,000 cr in NIIF debt platform to increase infra funding

NIIF AIFL (AA rating) and IFL (AAA rating) will raise Rs 95,000 crore debt from market, including project bonds

Cabinet approves revamped VGF scheme with outlay of Rs 8,100 crore

The earlier VGF scheme was limited to projects concerning economic infrastructure

Centre has proposed to build double-decker flyover in Chennai: Gadkari

The Centre has proposed to build a double-decker flyover connecting Chennai Port with other vital locations in Tamil Nadu at a cost of Rs 5,000 crore, Union Minister Nitin Gadkari said on Wednesday.

FM asks 14 CPSEs to spend 75% of Rs 1.15 trillion capex by December end

Govt looks to sustain pace of capital and infra projects to soften economic blow; Till H1 of FY21, these PSUs spent Rs 37,423 cr, or just 32%. In FY20, they spent Rs 1.16 trn or 104% of capex goal

NCR Planning Board released Rs 12,441 cr loan for projects till Sep 27: HUA

The National Capital Region Planning Board has released a loan amount of Rs 12,441 crore for various infrastructure development projects till September 27, the housing and urban affairs ministry said

SP Group, cash strapped and under-capitalised after betting on infra sector

SPCPL's consolidated revenue nearly doubled between FY16 and FY19 - the latest year for which its finances are available - growing at a compound annual growth rate of 24 per cent

Power minister inaugurates basic infra projects worth Rs 6.99 cr in Bihar

Power Minister R K Singh on Thursday inaugurated basic infrastructure projects of Rs 6.99 crore in Bhojpur district of Bihar, an official release said on Friday

PM Modi inaugurates, lays foundation for urban infra projects in Bihar

Prime Minister Narendra Modi on Tuesday inaugurated and laid the foundation stone of seven urban infrastructure projects worth Rs 541 crore in poll-bound Bihar