Infrastructure acts as the catalyst to economic growth and the current government has been addressing the bottlenecks that impede growth in the sector. We have observed the continued support from the government in terms of higher budgetary allocation towards infrastructure sector to revive the investment cycle. This year, we have witnessed all time high allocation; the rail and road sectors ...

The GMR Group along with its partner Philippines-based Megawide Construction Corporation emerged as the lowest bidder for the USD 250 million Clark International Airport project in the southeast Asian nation. Clark airport is being developed by the Government of Philippines through a hybrid model with EPC and O&M tenders being issued separately. The consortium will construct the integrated terminal along ...

The Mumbai-Ahmedabad bullet train distance of 508km, has a 21km underground corridor from BKC to Kalyan Shilphata. Of this, 7km falls under the Thane creek, with 1.8km of it to be built under the sea bed, and the remaining under the mangroves marshland on either side of the creek. A team of engineers from National High-Speed Rail Corporation Limited (NHSRCL), ...

To expedite implementation of the government’s Bharatmala Pariyojna, NHAI has decided to start an incentive scheme for its officials. The scheme not only envisages completing the projects earlier than the scheduled time, but also aims at savings on account of cost overruns due to time delays. The scheme will reward hardworking, meritorious officials and will act as a catalyst to ...

The Ministry of Railways is actively working to provide 100% LED lighting for its most of the Non-traction Energy needs like Railway Staff Colonies, Railway Stations, Railway Platforms etc. Under this 100% LED initiative, Railway Ministry has decided to make all railway stations 100% LED lit by first quarter of 2018. Till date about 3500 railway stations have already been ...

The National Green Tribunal has allowed vintage cars that satisfy prescribed norms under the Motor Vehicles Act to ply on the roads for rallies and exhibitions in Delhi. Granting relief to the vintage cars, the green court referred to Rule 92 (2)(c) of the Central Motor Vehicles Rules, 1989 and Section 59 of the Motor Vehicles Act, 1988, which grants ...

The Telangana government recently signed an agreement with Attivo, part of SREI Group, for setting up of an industrial park to manufacture infrastructure equipment. The Srei Group will develop the in the national investment and manufacturing zone (NIMZ), coming up near Zaheerabad town in Telangana. The proposed park will have a potential to generate direct and indirect employment for over ...

GVK Mumbai International Airport Private Limited (MIAL), the company that administers Chhatrapati Shivaji International Airport (CSIA) was recently awarded at the Honeywell Smart Building Awards 2017 for its green building – the Terminal 2. The awards are – Greenest Building in India award, Most Productive Building in India award and Smartest Largest Airport Building Award in recognition of its green, ...

Designing a new car is a complex business. From initial design to the first gleaming vehicle rolling off the production line, the whole process takes a long time. Up to four years, to be precise – practically a century when you consider the speed of light at which connected car technologies, including advanced driver assistance systems, are evolving. This means ...

India will invest as much as Rs 5.97 trillion in creating and upgrading infrastructure in the next financial year. As part of the new integrated infrastructure planning model, the government has allocated the largest-ever rail and road budget of `1.48 trillion and `1.21 trillion, respectively in 2018-19. The ambitious projects like Bharatmala (roads) and Sagarmala will be on track to ...