Kochi Metro, which has just started spreading its wings, may get delayed due to a major hurdle in terms of financing as hinted by Montek Singh Ahluwalia, Deputy Chairman of Planning Commission.
Hemant Kanoria, CMD, Srei Infrastructure Finance comments on increase repo rate
“With inflation persistently remaining way above the comfort level, the RBI’s decision to increase repo and reverse rates by 25 basis points each (from 8% to 8.25% and 7% to
Bombardier Transportation received an order of $120 million from the Delhi Metro Rail Corporation Ltd (DMRC) for supplying of 76 additional BOMBARDIER MOVIA metro cars.
The Asian Development Bank (ADB) is extending loans of up to $500 million to help India improve rail services along some of its busiest freight and passenger transport routes.
The contribution of construction industry in GDP will stay below eight per cent during the current fiscal 2011-12 as against 8.1 per cent in 2010-11 owing to an unregulated price hike in key construction material together with rampant shortage of workforce at all levels, apex industry body ASSOCHAM said.
Kochi Metro Rail project, the much anticipated and long cherished dream of Keralites, being developed in the vision to be a world-class metro rail system enhances the quality of life for the citizens of Kochi. In an exclusive interview with Subhajit Roy; TOM JOSE, IAS, Director of Kochi Metro Rail talks about his vision for the project which is still in its initial stages
A consortium led by KPMG and Arup Consulting Engineers has been selected by the Mumbai Metropolitan Region Development Authority (MMRDA) for carrying out techno-economic feasibility study of the Mumbai Trans Harbour Link (MTHL).
Expressing concern over delayed progress in construction of national highways, Prime Minister Manmohan Singh pulled up the Ministry of Road Transport & Highways and asked to expedite its activities to meet the target of building 20 km of road a day.
Bhubaneswar based ARSS Infrastructure Projects Limited, with a focus on construction of railway infrastructure, roads, highways & bridges has bagged two new work orders worth Rs.233.57 crore.
GMR Energy Ltd., a unit of GM Rao-led GMR Infrastructure has entered into a pact to acquire a 30 per cent stake in Indonesia’s PT Golden Energy Mines Tbk (GEMS) for $450-$550 million in cash, joining the line of Indian firms buying coal assets across the globe to seek fuel security.
