The project includes user fee collection rights at Sau Kala toll plaza and the operations will commence from September 14, after complying with the statutory formalities.
To attract investors for expansion and modernisation of rail infrastructure, Railways is setting up a Rs 30,000 crore fund, a first-of-its-kind for the national transporter, for implementation of remunerative projects across the country.
Effective implementation of measures announced in the Budget and Kelkar Committee recommendations will pave the way for revival of infrastructure, rating agency Icra said on Thursday.
Infrastructure major Hindustan Construction Company (HCC) on Tuesday said it has won a contract worth Rs 1,749.59 crore from IRCON International to construct two tunnels and a bridge in Jammu and Kashmir.
The government has asked the New Development Bank (NDB) to focus on making a strong pipeline of projects in the infrastructure sector which can play a catalytic role in promoting inclusive growth.
To augment India's shipbuilding and repair capacity, the government on Wednesday approved construction of a new dry dock at Cochin Shipyard Ltd (CSL) at a cost of Rs 1,799 crore.
The National Highways Authority of India (NHAI) may award 97 projects covering 6,631 km and worth Rs one lakh crore during the current financial year, its chairman Raghav Chandra said on Thursday.
Chinese government-owned China Railway Construction Corporation Limited (CRCC) has evinced keen interest in participating in National Highways Authority of India (NHAI) projects, the Indian government said on Tuesday.
Sitting on a debt pile of over Rs 12,000 crore, infrastructure firm Hindustan Construction Company (HCC) said it is finding it difficult to get buyers for its asset monetisation plan.
Engineering major Larsen & Toubro (L&T) and its partner STEC of China have bagged an order worth Rs 5,273 crore from Mumbai Metro Rail Corporation (MMRC).
Infrastructure company J Kumar Infraprojects Ltd on Tuesday said its joint venture (JV) has won a contract worth about Rs 5,012 crore from Mumbai Metro Rail Corporation Ltd (MMRCL) for Metro Line 3 project.
The government on Tuesday approved a proposal to build a major port at Enayam (near Colachel) in Tamil Nadu, entailing an investment of about Rs 25,000 crore.
The National Highways Authority of India (NHAI) has awarded a project worth Rs 895 crore in Rajasthan to Larsen & Toubro.
After six months of search, the government finally appointed Sujoy Bose, the present director and global co-head-infrastructure and natural resources of the International Finance Corporation (IFC), Washington DC, as chief executive officer of the National Investment and Infrastructure Fund (NIIF) Ltd.