Construction Infrastructure
Cabinet approves GatiShakti National Master Plan
The Union Cabinet approved the PM GatiShakti National Master Plan on Thursday, including implementation, monitoring and support mechanisms to provide multi-modal connectivity.
On October 13, Indian Prime Minister Narendra Modi launched a national multimodal transport master plan costing 1 billion rupees to develop infrastructure to reduce logistics costs and promote economic development. It aims to reduce logistics costs, improve cargo handling capacity and shorten turnaround time. An Empowered Secretary Group (EGoS) will be formed with cabinet secretaries and 18 ministerial secretaries as members.
Federal Minister Anurag Thakur introduced the decision to the media and stated that a multi-modal network planning group (NPG) will be formed by representatives of the heads of the network planning departments of various ministries and commissions. NPG will be supported by the Technical Support Unit (TSU) located in the Logistics Department of the Ministry of Commerce and Industry. TSU will have domain experts from various infrastructure sectors, such as aviation, shipping, public transportation, railways, highways and highways, ports, power, pipelines, GIS, ICT, financial/market PPP, logistics, data analysis, etc. The task of EGOS is to review and supervise the implementation of PM GatiShakti NMP to ensure logistics efficiency.
News Source : News18
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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