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Tata Realty raises Rs 825 crore from IFC for IT Park project in Chennai
Infrastructure - Jul 10,2024
Tata Realty secured an Rs 825 crore loan from IFC for refinancing Ramanujan Intellion Park in Chennai. This green commercial project achieves emissions reduction through renewables and water savings, .

JICA signs off Rs 4,657 crore loan for Mumbai Metro Line 3
Infrastructure - Jul 10,2024
The Japanese International Cooperation Agency (JICA) finalized a Rs 4,657-crore loan agreement, marking the fifth and final tranche for Mumbai Metro Line 3. This underground metro spans 33.5 kilometer .

GRRB Associates declared L1 bidder for road project in Arunachal Pradesh
Infrastructure - Jul 10,2024
GRRB Associates secured the lowest bidder status for the NH-215 strengthening project in Papum Pare, Arunachal Pradesh, with a quoted bid of Rs. 61 crore. The project, under MoRTH's Annual Plan 2 .

Vadhavan Port's Phase-I construction to begin soon at Rs 13,000 crore outlay
Infrastructure - Jul 09,2024
Jawaharlal Nehru Port Authority (JNPA) and Maharashtra Maritime Board (MMB) are jointly investing Rs 13,000 crore in Phase-I of Vadhavan port near Dahanu, Maharashtra. Construction starts post-monsoon .

Gujarat govt approves GSRTC and SMC’s funding for Phase-II of Surat MMTH Project
Infrastructure - Jul 08,2024
The Gujarat government has approved GSRTC's Rs. 183.77 crore share for Phase-II of the Surat Multi-Modal Transport Hub (MMTH) project, alongside the Surat Municipal Corporation. The project, exec .

JSW infra arm to develop cargo berth at VO Chidambaranar Port in Tamil Nadu
Infrastructure - Jul 08,2024
JSW Tuticorin Multipurpose Terminal, a subsidiary of JSW Infrastructure, has secured a concession agreement with VO Chidambaranar Port Authority in Tamil Nadu to develop North Cargo Berth-III (NCB-III .

U.S.-based Panattoni says India should ease land acquisition process amid warehousing boom
Infrastructure - Jul 08,2024
Robert Dobrzycki, CEO of Panattoni, has highlighted challenges in India's warehousing sector, urging streamlined land acquisition processes. He noted complexities due to multiple landowners and l .

UP govt to set up bioplastic park with Rs 2,000 crore outlay in Lakhimpur Kheri
Infrastructure - Jul 01,2024
The Uttar Pradesh government, led by Chief Minister Yogi Adityanath, plans to establish a bioplastic park in Kumbhi village, Lakhimpur Kheri district, with an investment of Rs 2,000 crore. This initia .