Infrastructure
Infrastructure refers to the set of basic facilities and systems that enable families and businesses to function in the long run. Serving a country, city, or other area, including the services and facilities required to run its economy. Roads, railways, bridges, tunnels, water supply, sewage, electrical grids, and telephones are examples of public and private infrastructure (including Internet connectivity and broadband access).
Infrastructure is described as “the physical components of interconnected systems that provide commodities and services required to enable, sustain, or improve social living conditions” and to maintain the environment in general.
Adani Wins Bid for Tamil Nadu’s ₹1,692 Cr Highway Project
Adani Road Transport has secured the bid to manage a 124-km stretch of NH-38 in Tamil Nadu under the Toll-Operate-Transfer (TOT) model. The company offered ₹1,692 crore for the four-lane Trichy-Thuvarankurichi-Madurai section. Competing bidders included IRB Infrastructure Developers (₹1,485 crore), Epic Concessions (₹1,152 crore), and Prakash Asphaltings & Toll Highways (₹876 crore).
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Caterpillar Marks 100 Years of Global Influence and Innovation
Caterpillar Inc. marked its 100th anniversary today with nationwide celebrations, highlighting a century of innovation and industry leadership. Founded in 1925 through the merger of The Holt Manufacturing Company and C.L. Best Tractor Co., Caterpillar has grown from its first track-type tractor to a global leader in autonomous construction equipment and advanced power solutions. Chairman and CEO Jim Umpleby attributed the company’s success to its employees, customers, dealers, and partners. [...]
Government Spending on Major Infrastructure Projects to Fuel India’s Development in FY26: Report
The Centre’s significant capital investments in infrastructure projects, including highways, railways, and power, alongside critical sectors like defence, are expected to boost India’s economic growth in FY 2025-26 and beyond, according to a report by Prabhudas Lilladher (PL). The government allocated ₹11.1 lakh crore for infrastructure in the FY 2024-25 budget, with expectations of an even higher allocation in the upcoming FY 2025-26 budget. These investments aim to stimulate demand and su [...]
The bridge across NH-48 for the bullet train corridor is finished.
A 210-meter-long pre-stressed concrete (PSC) bridge over National Highway-48 at Dabhan village, near Nadiad in Gujarat's Kheda district, was completed on January 9, 2025. Located between the Anand and Ahmedabad Bullet Train stations, the bridge features 72 precast segments with a span configuration of 40m + 65m + 65m + 40m. Constructed using the Balanced Cantilever Method, it is designed for long spans.As of January 11, 2025, the Bullet Train project has made significant progress:
253 k [...]
SuperHumanRace and CREDAI Maharashtra Sign Memorandum of Understanding to Monitor Real Estate Emissions
CREDAI Maharashtra has signed a memorandum of understanding with SuperHumanRace, a leading technology firm, to develop and implement Regional Emissions Inventories for Maharashtra’s real estate sector. The initiative aims to help developers adopt sustainable practices while enhancing market credibility and competitiveness. Key attendees included Pramod Khairnar, President of CREDAI Maharashtra, Aalok A. Deshmukh, Managing Director of SuperHumanRace, Ayashkanta Rout, Sustainability Lead at O [...]
Jindal Stainless announces ₹5400-cr investment strategy
As part of its plan to become one of the world's leading producers of stainless steel, Jindal Stainless has revealed an approximately ₹5,400 crore investment plan that includes strategic acquisitions as well as an expansion of its downstream and melting facilities.
In order to establish and run a stainless steel melt shop (SMS) in Indonesia with an annual production capacity of 1.2 million tonnes per annum (MTPA), the business has formed a joint venture (JV). With an expenditure of more tha [...]
Mumbai Will See Three Residential Projects Redeveloped by Arkade Developers
Arkade Developers Ltd. is set to redevelop three residential projects in Mumbai, expecting a total revenue of ₹2,150 crore. The projects, covering 20,232 square meters (approximately 5 acres), are located in Andheri East, Malad West, and Borivali West. The Andheri East project, near the Western Express Highway, spans 6,811 square meters with a saleable carpet area of 1.29 lakh square feet and a turnover potential of ₹527 crore.In Malad West, a project covering 6,337 square meters offers a s [...]
West Bengal’s Ichamati River Bridge’s foundation stone was laid.
Union Minister Shantanu Thakur has laid the foundation stone for a single-lane bridge over the Ichamati River in West Bengal's North 24 Parganas district. The bridge, to be constructed by the Inland Waterways Authority of India (IWAI) at Swarupnagar, is estimated to cost ₹16 crore and aims to ensure safer transit while allowing uninterrupted river navigation.
The minister also announced plans for another bridge at Taranipur under the Sagarmala Project, with an estimated cost of ₹136.20 c [...]
In Delhi, PM Modi Launches Development Projects Totalling ₹12,200 Crore
Prime Minister Narendra Modi inaugurated and laid the foundation stone for multiple development projects in Delhi, valued at over ₹12,200 crore, aimed at enhancing connectivity and infrastructure. He highlighted India's metro network crossing 1,000 km as a landmark achievement. Among the projects, he inaugurated the 13-km Delhi-Ghaziabad-Meerut Namo Bharat corridor between Sahibabad and New Ashok Nagar, costing ₹4,600 crore. This high-speed transit will significantly ease travel between Del [...]
PSP Projects sets a record as the winning bidder for a government project.
We are excited to announce that PSP Projects has been awarded the contract for a government project. This is a huge win for our company and we are proud to be able to provide our services to the government. We would like to thank all of our employees who worked so hard to make this happen.
PSP Projects shares rallied 5 per cent to hit a record high of Rs 747.40 in Tuesday's intra-day trade. Company emerged as lowest bidder for a government project worth Rs 1,364. 5 crore (excluding G [...]