Construction Infrastructure
PM Narendra Modi inaugurates infra projects in UP worth Rs 1,583 cr
Prime Minister Narendra Modi is inaugurating 134 development projects worth about Rs 1,583 crore during his visit to Varanasi.
Kashi region BJP president Mahesh Chandra Srivastava told the media that the PM will inaugurate 68 development projects worth Rs 744 crore and lay the foundation of over 65 projects worth Rs 839 crore; With addressing a public meeting at IIT-BHU ground during his visit to the temple town.
These projects include the inauguration of Varanasi International Cooperation and Convention Center (VICCC) ‘Rudraksh’, Regional Institute of Ophthalmology, Maternal and Child Health Branch of SSL Hospital (BHU), operation of cruise boat from Rajghat to Assi Ghat, installation of signage. Operation of RORO ships in Ganga and others at all 84 Ghats.
Srivastava also said that the PM will launch development projects at the IIT-BHU ground during an event and after that, he will address the people present at the event.
The Japan International Cooperation Agency (JICA) provided the finance for the construction of the VICCC, which cost around Rs 186 crore. Fujita Corporation, a Japanese company that was awarded the contract to build the center, built it and handed it over to Varanasi Smart City for its management.
News Source: ConstructionWorld
Construction Infrastructure
The Adani Enterprises unit has received a letter of approval for an NH project in Maharashtra
Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises, has received LoA for a project involving six laning of Kagal-Satara section of NH-48 (old NH4) in Maharashtra. The project will be executed under the Bharatmala Pariyojana at ₹2,008.47 crores. The construction period for the 67-km long road project is expected to be 2 years from the date of appointment and the concession period will be 18 years.
With this project award, Adani’s road portfolio will have total 14 projects with more than 5,000 lane km with asset value exceeding ₹41,000 crore spread across India.
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