Banks to fund NHAI projects with 80% land
The Department of Financial Services of the Union Finance Ministry recently conveyed to bank CEOs that they could finance PPP road projects if the NHAI […]
Category: National
BMC to allow locals to park on road
A new parking policy envisaged by the Brihanmumbai Municipal Corporatoin (BMC) plans on giving permits to local residents to park their vehicles on the city […]
Fitch to rate Indian infrastructure debt funds
In a bid to inspire confidence in the Indian infrastructure sector among global investors, the central government has allowed India Ratings, the Indian arm of […]
IRB to raise Rs500 crore
IRB Infrastructure has received approval from its board to raise up to ?500 crore by means of private funds. The funds will be raised by […]
Six-laning of Ahmedabad-Vadodara expressway
The project to convert the Ahmedabad-Vadodara highway into six lanes is likely to be completed in two years. IRB Infrastructure is executing the project on […]
Madurai and Tuticorin airports? expansion plans
The Airports Authority of India (AAI) will soon get land from the Tamil Nadu government for the expansion of the Madurai and Tuticorin airports. The […]
Shortfall loan for Mumbai Trans Harbour Link
The concessionaire for the Mumbai Trans Harbour Link (MTHL) project will get a 10% shortfall loan from the Union government?s empowered committee of the department […]
Thales to supply Passenger Information System for Jaipur Metro
The Delhi Metro Rail Corporation has issued a contract to the Thales Group to supply a Passenger Information System for the Jaipur Metro. The system […]
Mumbai-Pune Volvo buses to get Wi-Fi
The Maharashtra State Road Transport Corporation (MSRTC) plans to install Wi-Fi sets on 100 Shivneri AC Volvo buses that it operates between Mumbai and Pune. […]
IL&FS gets major contract
IL&FS Transportation Networks recently got a contract from the National Highways Authority of India (NHAI) to widen a 123km stretch of the national highway NH2. […]