Infrastructure company GPT Infraprojects today said its joint venture has won a Rs 245.33-crore project for construction of a rail line related to a nuclear power plant in Bangladesh. In the GPTSEL-CCCL JV, the company said its share is Rs 83.41 crore.
Railways has for the first time decided to make compensation mechanism to farmers, land owners for its ambitious bullet train project, public for the first time.
Decks are getting cleared for the preparation of detailed project report (DPR) of the viable projects for the further development of railway corridor on a cost-sharing basis between Railways and State through Kerala Railway Development Corporation Ltd (KRDCL).
The Indian Railways will use technology used by Israel to keep their perimeters safe. Thane and Kalyan stations have been selected for this pilot project. The railways shall not only enhance security but also take crowd control measures using artificial intelligence.
Metro construction will pick up pace in the country with the Union finance ministry recently giving “in-principle” approval to five proposed metro projects in Indore, Bhopal, Kanpur, Agra, and Delhi, with an estimated cost of Rs 1.07 lakh crore, senior central and state government officials familiar with the matter said.
French utility EDF and GE will jointly build six reactors for the Jaitapur nuclear power plants in Maharashtra, envisioned as the world’s largest nuclear power plant with a cumulative capacity of 9,900 megawatts of electricity.
In response to China extending infrastructure close to the disputed border with India, the Indian Railways is firming up plans to built four strategic rail lines in the Himalayas. Once complete, the rail lines will allow rapid deployment of security and defense forces to the border to counter unwanted advances by the Chinese.
Aimed at bringing down logistics costs by providing rail connectivity to ports, Indian Port Rail Corporation along with other agencies are implementing projects worth Rs 18,795 crore, the government has said.
The Haryana government is planning a new city next to Gurgaon in the National Capital Region to boost the potential of the region. This new city which will be developed in a public-private partnership (PPP) model is expected to be larger than Chandigarh and will be spread across at least 50,000 hectares.
Ahead of the annual meeting of its board of governors here next week, a senior official from the Asian Infrastructure Investment Bank (AIIB) on Wednesday said it will pump USD 1.9 billion into various Indian projects.
