The Airport Express line was commissioned on February 23, 2011 after an investment of Rs 2,885 crore funded by DAMEPL's promoters' fund.
Out of 1,231 projects, a total 322 projects reported cost overrun, the report said.
Both the companies will share mutual capabilities and draw upon synergies for financial advisory and project development services for infrastructure projects.
Trump's order includes revoking an earlier executive order signed by President Barack Obama concerning projects built in flood plains, White House officials said yesterday.
Project delays raises questions in people’s mind about the govt’s intent, says PM Modi
According to a statement issued by Nettlinx, the proposed "state-of-the-art" power plant, will convert Greater Hyderabad Municipal Corporation (GHMC) waste into energy, and being set up in the south zone of the city located about 50 kms from the Telangana State Secretariat.
Terming the Indian market as "interesting", Lufthansa Cargo Chief Executive Officer and Chairman of Executive Board Peter Gerber also said that growth in the market was returning.
The company was contracted for tunnel boring between the 812-meter long Lucknow Secretariat and Hazratganj stations, which the company said completed within five months of commencement.
The minister also asked to review projects related to railway overbridges that have been stalled due to various reasons and asked to expedite other 27 proposals
Ministry has terminated ventures worth Rs 50,000 crore to avoid debt-ridden, slogging projects
Roads ministry plans to beautify ports; wants to create arcades like Chowpatty and gardens near Thane waterways
More than 75 per cent respondents said exposure to large corporates in power, steel and infrastructure sectors poses as the greatest risk to banks' asset quality in India.
"Japan is very much ready to support India in achieving its 21st goals in various fields," said Japanese Consul General Ryoji Noda.
According to its report 'Global Infrastructure Outlook', India has an infrastructure investment need of USD 4.5 trillion by 2040, making it the second largest infrastructure market in Asia after China.
Government to increase highways network to 2 lakh kilometers through public and private funding
The new rating system will address the concerns like the expected loss (EL) of a project entity.
Last week, NBCC joined hands with Rail Land Development Authority for redevelopment of 10 railway stations across the country on global standards.
The scope of work includes construction of roads, bridges and potable water network among others, in the Bidkin industrial area of Aurangabad in Maharashtra.
Under the project, there will be construction or upgrading of 5,411 kilometres of roads and 126 bridges in Odisha, Jharkhand, Bihar, Maharashtra and others.
In a note submitted to the finance ministry, it suggested that to avoid accumulation of input tax credit with the contractors, a similar exemption should be granted in GST on direct procurements made by the contractors for such projects.
While incremental demand is seen doubling to 48 million tonne (MT) compared with the past three fiscals, incremental supply is seen moderating by a fifth to 31 MT from 39 MT. Demand is being supported by the government's focus on affordable housing and infrastructure, especially spending on roads, railways and urban development, it said in a report.
As many as 22 projects worth Rs. 18,300 crore are lagging behind, according to a report in Financial Express.
With the recent steps taken by the Centre and with the real estate regulator in place across states, JC Sharma, Vice Chairman and Managing Director of Sobha Developers, believes things will improve.
The proposed Railways of India Development Fund would be independent of rail budget and intended for all big ticket rail-based projects, including station redevelopment, rail expansion, port connectivity and freight terminal upgradation in PPP model.
The JSPL chairman is bullish that increased production & good demand will help the company pare debt.