Construction Infrastructure
DMRC gets approval for ₹12,586-cr metro lines
The Central Project Investment Committee under the Ministry of Finance has approved the Delhi Metro Phase IV and three lines with a length of more than 40 kilometers, involving an investment of 125.86 billion rupees.
These three lines include Rithala-Bawana-Narela (22.91 km), Lajpat Nagar-Saket G-Block (8.38 km) and Inderlok-Indraprastha (12.37 km) in the fourth phase of the metro. The proposal has been sent to the coalition cabinet for final approval. The center finally approved all six proposed corridors in December 2018. But it only approved three priority corridors in February 2019.
Although all three corridors are under work-Janakpuri West-RK Ashram (28.9 km), Aerocity-Tughlaqabad (20.2 km) and Maujpur-Majlis Park (12.5 km)-at the same time, the Maujpur-Majlis Park Corridor is expected to be completed first. In the fourth phase of the subway, three interchange stations will appear as part of the first corridor project-Madhuban Chowk (red line), Peeragarhi (green line) and Haiderpur Badli Mor (yellow line).
In addition, the Janakpuri West-R K Ashram Marg corridor will have three additional transfer facilities at Azadpur (yellow line), Majlis Park (pink line) and R K Ashram Marg (blue line).
News Source : NBM&CW
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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