Construction Infrastructure
Nabard sanctions Rs 206 cr for rural development in Odisha
Nabard said on Monday that it had approved Rs 206 crore under the Rural Infrastructure Development Fund (RIDF) in Orissa. It said that it will expand financial assistance to the Orissa state government for the construction of 25 rural road projects. Designed to support the rural economy by improving people’s lives, these projects are implemented by the State Government’s Engineering Department. The National Agricultural and Rural Development Bank stated that these 203-kilometer projects will improve road connectivity for 2.048 million people in 17,723 villages. “This sanction is a priority set by the state government to develop rural infrastructure for drinking water supply, irrigation and connectivity,” it said. It added that, as a result, the cumulative sanctions under the RIDF (2021-22) reached the level of Rs 1,493 crore. Air Transport Administration
News Source : Backtrack
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.
-
india1 month ago
‘My support will be with new J&K govt’: L-G Manoj Sinha ahead of Omar Abdullah’s oath-taking ceremony
-
Politics1 month ago
New BJP government to take oath in Haryana on Oct 17, PM Modi to attend
-
Sports1 month ago
Score for the third day of the first test between India and New Zealand: Ravindra-Southee crushes IND, NZ leads by 299 at lunch
-
TV1 month ago
Prince Narula and Yuvika Chaudhary share first pic with newborn daughter from hospital. See post
-
In News2 weeks ago
SpiceJet announces 8 new flights to connect Jaipur with Varanasi, Amritsar and Ahmedabad
-
Business2 weeks ago
OpenAI buys new domain chat.com for over $15 million, it redirects to ChatGPT
-
Entertainment.1 month ago
Massive data breach at Game Freak studios reveals shocking new dark Pokemon movie plot
-
Sports1 month ago
India vs New Zealand LIVE Score 1st Test Day 3: Ravindra-Southee carnage flattens IND, NZ lead by 299 at Lunch