In a significant economic development, the output of eight key infrastructure sectors experienced a remarkable surge of 12.1% in October 2023, marking a substantial increase compared to the 0.7% expansion …
Infrastructure News
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After a harrowing 17-day ordeal, the 41 construction workers trapped in the Silkyara-Barkot tunnel have been discharged from the hospital, marking a significant step toward the resumption of construction. The …
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The Mumbai Trans Harbour Link (MTHL) stands as an ambitious venture, aiming to construct a 21.8 km road bridge that will connect Mumbai and its satellite city, Navi Mumbai, making …
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On November 28, IRB Infrastructure Developers witnessed a 3 percent decline in its shares following the signing of a concession agreement by its special purpose vehicle (SPV), IRB Lalitpur Tollway, …
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Infrastructure News
Noida International Airport: A Comprehensive Update on Progress and Future Plans
The ambitious Noida International Airport (NIA) is rapidly taking shape, with the CEO, Christoph Schnellmann, providing a detailed update on the construction milestones and future plans for this critical infrastructure …
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Infrastructure News
Mumbai’s Coastal Road Promenade Anticipates 1km Pilot Section Completion by December 15
By December 15, a 1km pilot segment of the proposed 8.5km-long sea-facing promenade along Mumbai’s coastal road, stretching from Priyadarshani Park in Nepeansea Road to Worli, is expected to be …
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Infrastructure News
President Murmu Advocates Strengthening Port Infrastructure and Maritime Heritage
President Droupadi Murmu emphasized the imperative to bolster the nation’s port infrastructure and enhance operational efficiency during her visit to Paradip, Odisha on Monday. Addressing the ‘Boita Bandana’ ceremony, an …
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Odisha Chief Minister Naveen Patnaik has given the green light to 12 pivotal projects, collectively amounting to an investment of INR 84,918.75 crore. These initiatives are poised to generate employment …
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Infrastructure News
One Arm of Mumbai Coastal Road Expected to Open by February 2024 Despite BMC Concerns
The Brihanmumbai Municipal Corporation (BMC) is resisting the public demand to open the southbound arm of the Mumbai coastal road, citing potential disruptions to ongoing work on the northbound arm. …
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GMR Airports successfully raised Rs 1,950 crore through a three-year debt facility provided by a consortium including Standard Chartered Bank, JPMorgan, Deutsche Bank, a Varde Partners entity, and Trust Investment. …