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Infra projects News

19 Apr 2017

'States can borrow directly from foreign agencies for infra projects'

The government on Wednesday allowed state entities to borrow directly from bilateral overseas lending agencies like JICA to fund infrastructure projects.

31 Jul 2016

101 infra projects see Rs 1.29 lakh crore in cost overruns

As many as 101 infrastructure projects sized Rs 1,000-crore and above have reported a cost overrun of Rs 1.29 lakh crore, as per official data.

19 Jan 2016

Property prices soften by 1% in Delhi-NCR: Report

The average capital values in Noida, Greater Noida and Delhi dipped minimally by a percent each.

23 Nov 2015

Govt spending key for revival of Indian steel sector: Fitch

Spending on infra projects such as housing for all and smart cities is the key for the revival of the Indian steel industry, which faces headwinds like cheap imports, global agency Fitch said.

Easy exit options

31 Aug 2015

Easy exits to release Rs 4,000 cr to road developers: Ind-Ra

Easy exit options for completed road projects will release Rs 4,000 crore to developers, which can be ploughed back in infrastructure projects or used to retire debt, India Ratings and Research (Ind-Ra) said on Monday.

07 Aug 2015

Govt invests Rs 4.85 lakh crore in big infra projects

Government has invested Rs 4.85 lakh crore in big infrastructure projects, costing over Rs 150 crore, as of June 1 in the current fiscal.

Finance Corporation

26 Jul 2015

Govt mulls entity to revive sick units using CPSEs' extra cash

The funds may be used for purposes like reviving sick PSUs and investment in infrastructure projects. There are 70 ailing PSUs and the government believes 43 out of these can be revived.

30 Jun 2015

Infra sector growth at 6-month high of 4.4% in May

The output of eight infrastructure sectors expanded by 4.4 percent in May, the highest growth rate in past six months, on the back of upsurge in production of coal and refinery products.

31 May 2015

'Projects worth Rs 26.5 lakh cr stuck on regulatory issues'

There were a total of 16,966 projects with investments worth over Rs 154 lakh crore from various sectors, both public and private sources, as on December 2014.

02 May 2015

PM pushes for expediting projects in irrigation, affordable housing, toilets

He reviewed the status of stalled projects in the infrastructure sector and was apprised of the steps being taken to enhance infrastructure creation in accordance with his vision for the 75th year of India's Independence, a PMO statement said.

25 Mar 2015

Getting land for infra projects a challenge, says Prabhu

Unlike in China, Railways Minister Suresh Prabhu said in India most of the land is owned by farmers and others.

22 Mar 2015

Sebi clears Muni bonds; to boost smart cities, infra projects

In a move that will help raise funds for infrastructure projects and the government's smart cities initiative, regulator Sebi today approved new norms for issuance and listing of municipal bonds on stock exchanges.

24 Feb 2015

Govt seeks foreign funds for infra projects worth over $75 bn

Government is seeking overseas investment for infrastructure projects worth over USD 75 billion in sectors like power, roads and railways over the next few years.

09 Feb 2015

Quickly resolve issues to speed up pace of infra projects: PM Modi

The meeting was told that no power plant today faces shortage of coal as issues regarding the fuel supply to the plants have been resolved.

04 Dec 2014

295 infra projects delayed; cost overrun at over Rs 1 lakh cr

As many as 295 infrastructure sector projects worth Rs 150 crore or more are delayed with total cost overrun of Rs 1,01,436 crore, Parliament was informed Thursday.

13 Nov 2014

6 Indian infra projects figure in KPMG world markets report

These projects were evaluated on the basis of their scale, feasibility, complexity, innovation and impact on society, KPMG said.

27 Jul 2014

Narendra Modi meets infra secretaries to set target for current fiscal

Aiming to spruce up growth, Prime Minister Narendra Modi on Saturday met secretaries of nine infrastructure ministries to set targets for 2014-15 and identify key projects in sectors like road, power and railways.

14 Jul 2014

Budget announcements positive for infra in long term: Fitch

Fitch said the new government led by Narendra Modi has made new long-term capital investment cycle as a policy focus.

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