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Category Archives: Banking & Finance

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ADB lends US$84M for Bihar water project

Loan will support civil works   The Asian Development Bank (ADB) signed a US$84 million loan with the Indian government for improvement and expansion of water supply in Bhagalpur and Gaya towns in Bihar.

NMCG approves Rs.4,000cr Ganga projects

CETP project to Kanpur water pollution In the 9th Executive Committee meeting of National Mission for Clean Ganga (NMCG) has approved on 22 Feb 2018 projects worth nearly Rs.4,000 crore including a 20 MLD Common Effluent Treatment Plant (CETP) for tannery cluster at Jajmau in


IWAI appoints consultants for NW-1

KPMG to device WB-funded project framework The Inland Waterways Authority of India (IWAI) has engaged consultant KPMG to study and devise a framework for operation and maintenance of the assets being built on National Waterway-1 (NW-1) under the World Bank funded Jal Marg Vikas Project

Air India Express Flyer SIN 4 Sectors (1)

Tenders: Line doubling projects in Bihar

Electrification to reduce carbon emissions The cabinet has approved 100.6-km long Muzaffarpur-Sagauli & 109.7-km Sagauli-Valmiki Nagar for line-doubling projects with electrification. The two projects would cost Rs.1,347.61 crore, Rs.1,381.49 crore, respectively. These projects will cover the districts of Muzaffarpur, East Champaran (Motihari) and West Champaran

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Tenders: EPC mode of Barkot Tunnel

NHIDCL to implement bi-directional in 4 years Engineering, Procurement and Construction (EPC) Mode will be used for the construction of 4.531-km long 2-Lane Bi-Directional Silkyara Bend – Barkot Tunnel in Uttarakhand.

Modi officiates two mega projects

India to takes 900 planes this year Prime Minister, Narendra Modi, officiated at two mega projects on 18 Feb 2018 – a container terminal and a new airport in Mumbai, stressing the need for top quality infrastructure to keep pace with the globalization.