CapEx News

Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers

Home   »   CapEx-News   »  

PM Gati Shakti: 3 infra projects worth Rs 9,600 crore recommended for approval

Infrastructure  -  Jan 30,2024  - 

Three infrastructure projects of roads and railways worth Rs 9,600 crore have been recommended for approval under the PM Gati Shakti initiative, an official statement said.

These projects were assessed in the 64th Network Planning Group (NPG) meeting on October 17.

“During the meeting, the NPG discussed three proposed greenfield projects of Ministry of Railways (one) and Ministry of Road Transport and Highways (two), with an aggregate project cost worth about Rs 9,600 crore,” the Commerce and Industry Ministry said. The meeting was chaired by Special Secretary (Logistics), Department for Promotion of Industry and Internal Trade Sumita Dawra.

The initiative was launched to develop an integrated infrastructure to reduce logistics costs. All logistics and connectivity infrastructure projects, entailing investments of over Rs 500 crore are routed through the NPG.

 

Company : Network Planning Group (NPG)