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.
Silkyara Tunnel Structural Collapse: Unraveling Causes & Ensuring Safety
In 2018, the Ministry of Road Transport & Highways began construction of a 4.531 km two-lane tunnel at Silkyara, connecting Gangotri and Yamunotri via the Radi pass in Uttarakhand. The Silkyara tunnel, part of the Char Dham project, will offer all-weather connectivity to four Hindu shrines in Uttarakhand, reducing the snow-affected NH-134 road from 25.6 km to 4.531 km.
A Closer Look at the Factors Behind the Incident
A section of the Silkyara tunnel collapsed on November 12, trap [...]
MMRDA Implements Heat Safety Measures for Construction Workers
Measures have been implemented by the Mumbai Metropolitan Region Development Authority (MMRDA) to shield summertime construction workers from extreme heat. As temperatures rise and a severe heat wave alert is in effect for the Mumbai Metropolitan Region (MMR), MMRDA has made worker safety a top priority.
To give employees a place to relax during breaks, the authority has erected rest shelters close to work areas. Oral Rehydration Solution (ORS) is being given out to prevent dehydration, [...]
KEC International Acquires ₹816 Cr in New Orders
KEC International has secured new orders worth ₹816 crores for infrastructure projects in India, including a steel plant in Northern India, a cement plant in Central India, and a carbon derivatives plant in Eastern India, across its various business verticals.
KEC International has secured orders for tower supply in the US and cables supply in both domestic and international markets in its T&D segment. The company's cables business also received orders.
KEC International Ltd.'s MD &am [...]
Afcons Infrastructure Files DRHP for IPO, Eyes Record Funds
The Shapoorji Pallonji group's flagship infrastructure engineering and construction business, Afcons Infrastructure Limited (AIL), has filed its draft red herring prospectus (DRHP) for an initial public offering (IPO) with the Securities and Exchange Board of India (SEBI). The ₹6,000 crore IPO is the largest infra IPO in a decade, consisting of a new issue of shares valued at ₹1,250 crore and an offer by Goswami Infratech Private Limited to sell shares for up to ₹5,750 crore. Furthermore, a [...]
URC Starts Construction on Chennai Metro Phase II’s Line 3
Under Package UG03, URC Construction Pvt. Ltd. has started construction on Metro Line-3 of Chennai Metro Phase II. The event was conducted at Thousand Lights Metro Crossover and was a traditional Pooja. At Thousand Lights Metro Crossover, trench cutters are already being used for the construction, which includes diaphragm wall (D-wall) work. After being given the contract under Package UG03-RT01 for ₹1328.89 crore by Chennai Metro Rail Limited (CMRL), Rail Vikas Nigam Limited (RVNL) subcont [...]
Arun Nehru of the DMK promises railway development for Perambalur.
K N Arun Nehru, son of municipal administration minister K N Nehru, has pledged to actively work towards the development of railway infrastructure and connectivity in Perambalur.
Arun pledged to improve rail services in Trichy city, addressing the long-standing demand among party functionaries and cadres at the entry point in Samayapuram.
The speaker believes they have the opportunity and responsibility to contest in Perambalur, as the general election is crucial for safeguarding peop [...]
The ambitious undersea project of KolkataMetro has the assistance of Jindal Stainless.
Jindal Stainless, a prominent steel industry player, has been chosen to supply essential steel materials for Kolkata Metro's underwater project, a significant milestone in expanding the city's transport infrastructure.
The Kolkata Metro, despite its congested roads and overcrowded public transport, serves millions of commuters, making expansion and modernization crucial due to the city's growing population.
Jindal Stainless, a trusted partner for critical infrastructure development in [...]
Over Rs. 16,000 crore is raised by NHAI.
The National Highways Authority of India has raised over Rs 16,000 crore in its largest monetization effort, highlighting investor interest in India's infrastructure assets, particularly in the road sector, despite global economic uncertainties.
NHAI's InvIT monetization initiative aims to unlock the value of its operational highway projects by leasing them to InvITs, which raise funds from investors through unit issuing. The third round attracted significant interest.
The round's suc [...]
MMRDA receives a Rs 1,000 crore grant from BMC for improvement projects.
The amount is a contribution towards the construction of metro rail corridors.
The Mumbai Metropolitan Region Development Authority (MMRDA) has received INR 1,000 crore ($135m) from the Brihanmumbai Municipal Corporation (BMC) for upgrading public infrastructure in Mumbai, specifically for metro rail corridor construction, as part of a total payment of INR 5,000 crore ($675m) to the BMC.
Multimodal projects, including a Rs 19,800 crore metro rail project, have been completed under the [...]
L&T pays ₹149.65 crore to acquire shares in the National Highways Infra Trust.
Through an open market transaction, Larsen & Toubro Ltd. (L&T) paid ₹149.65 crore for 1.20 crore units of National Highways Infra Trust. L&T's investment has been received by the National Highways Infra Trust, an infrastructure investment trust (InvIT) supported by the National Highways Authority of India (NHAI).
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