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Rane Group charts a 3-year capex of ₹1,000 crore on surging order book
Infrastructure - May 27,2024
Rane Group plans a Rs.1000 crore capex over 3 years, buoyed by rising new business orders. FY24 saw record revenue of Rs.7200 crore, with over Rs.1000 crore in new orders. Focus on portfolio rebalanci .

Tamil Nadu to float tenders for Parandur airport by next year
Infrastructure - May 27,2024
The Tamil Nadu government plans to initiate Chennai's second airport tender process by next year, costing over Rs 20,000 crore. Site clearance at Parandur awaits conclusion of Lok Sabha elections .

L&T, IRCON, among lowest bidders for 96.4 km Phase-1 of Virar-Alibaug Multi-Model Corridor Project
Infrastructure - May 27,2024
Seven engineering companies, including L&T and IRCON International, are the lowest bidders for Phase 1 of the Virar-Alibag Multimodal Corridor (VAMC) in Maharashtra. MSRDC awarded 11 contracts for the .

Race for investments to fund industrial projects in UP
Infrastructure - May 24,2024
Between 2019 and 2022, India attracted $142.29 billion in foreign direct investments. Uttar Pradesh notably improved in Ease of Doing Business, climbing from 14th to 2nd position in 2018. It advanced .

Nagpur–Gondia Expressway: Afcons and NCC win contracts
Infrastructure - May 24,2024
Afcons Infrastructure Ltd and NCC Ltd secured contracts as the lowest bidders for constructing four segments of the Nagpur – Bhandara – Gondia Expressway project in Maharashtra. Managed by MSRDC, .

Avaada Energy secures 1,050 MWp solar project
Infrastructure - May 24,2024
Avaada Energy secures a 1,050 MWp solar project through NTPC's auction, marking its largest bid win. The project, awarded at INR 2.69 per kWh tariff, is slated for completion within 24 months pos .

THDC India signs MoU with PWD, Uttarakhand
Infrastructure - May 24,2024
THDC India (TDCIL) signs an MoU with Uttarakhand PWD, becoming their technical consultant for slope protection on state highways and district roads. With a focus on cutting-edge technology, THDCIL aim .

AUDA to build Rs 65 crore underpass near Ognaj Junction
Infrastructure - May 23,2024
Ahmedabad Urban Development Authority (AUDA) plans to construct a 6-lane underpass near Ognaj Junction at Rs 65 crore, aiming to alleviate traffic congestion. With an expected completion time of 2 yea .