[ad_1] AHMEDABAD: The Asian Development Bank, which had in 2020 sanctioned a Rs 1,330 crore loan to the Ahmedabad Urban Development Authority (Auda) for infrastructure projects worth Rs 1,900 crore, has rejected tenders for seven flyovers because they had only one bidder each. The ADB loan for the overall project is Rs 1,330 crore with […]
ADB rejects single-bidder Auda tenders for seven flyovers – ET Infra Read More »
[ad_1] Vulcan Steel, a privately held company of industrialist Naveen Jindal, is in talks with export credit agencies (ECAs) of multiple countries to close $2.5 billion in funding for its upcoming green steel plant in Oman, two people aware of the discussions told ET. The plant will be built using funds exclusively from non-bank sources,
Vulcan Steel in talks to raise $2.5 billion for Oman project – ET Infra Read More »
[ad_1] BENGALURU: India’s Shree Cement fell on Monday, after NDTV reported on Saturday that tax evasion amounting to 230 billion rupees ($2.81 billion) was found in searches at multiple company locations. Deductions claimed by Shree Cement are false and the company siphoned 12 billion rupees to 14 billion rupees every year, the report added, citing
India’s Shree Cement slumps after report of $2.81 billion tax evasion – ET Infra Read More »
[ad_1] NEW DELHI: The commerce ministry on Friday said the US has agreed to provide greater market access to certain Indian steel and aluminium products, a development which would help increase outbound shipments of these goods. This was part of the agreement reached between the two countries which have decided to terminate six trade disputes
Certain steel, aluminium to get greater mkt access in US: Comm min – ET Infra Read More »
[ad_1] Union Minister for Steel and Civil Aviation Jyotiraditya M. Scindia virtually inaugurates the Silica Reduction Plant at Bhilai Steel Plant’s Dalli Mines, from New Delhi, on Friday. The Union Minister for Steel and Civil Aviation Jyotiraditya M. Scindia virtually inaugurated the Silica Reduction Plant at Steel Authority of India Limited‘s (SAIL) Bhilai Steel Plant‘s
[ad_1] Shimla SHIMLA: Himachal Pradesh government has notified the Draft Shimla Development Plan to regulate construction activities in the capital city, an official said on Friday. The state cabinet on Monday approved the final draft of the SDS, which includes new provisions with regard to the number of floors, habitable attic and garage in a
HP govt notifies Draft Shimla Development Plan – ET Infra Read More »
[ad_1] NEW DELHI: Motorists who are facing jams at Nelson Mandela Marg while travelling to the T3 airport terminal and Gurgaon from south Delhi will soon get relief as work on the central government’s proposed tunnel will start in two months. South Delhi MP Ramesh Bidhuri said the tunnel, costing about Rs 2,000 crore, from
Delhi: Work on tunnel towards IGI airport set to start in two months – ET Infra Read More »
[ad_1] NEW DELHI: Adani ConneX achieved financial closure through its maiden construction facility by entering into Financing Framework, raising $213 million for its under-construction data centre asset portfolio. The tied-up facility will finance two data centres with an aggregate capacity of 67 MW that includes ‘Chennai 1’ campus with Phase 1 of 17 MW and
AdaniConneX seals largest data centre financing deal in India – ET Infra Read More »
[ad_1] NEW DELHI: India has registered a 4.1 per cent growth in its crude steel production at 11.2 MT amid 5.1 per cent downfall in the global output at 161.6 MT in May 2023, according to the World Steel Association (worldsteel). Despite a 7.3 per year-on-year (y-o-y) fall, China remained the top steel producing country
Global steel production falls 5% in May; India’s output rises 4% – ET Infra Read More »
[ad_1] Representative image NAGPUR: The Godrej Group’s flagship company, Godrej & Boyce, recently announced that its division, Godrej Construction, is growing its presence in Nagpur by providing its Autoclaved Aerated Concrete (AAC) blocks as a part of its walling and paving solutions portfolio. By utilising fly ash, a byproduct of burning coal for energy, Godrej’s
Godrej Construction launches TUFF AAC Blocks in Nagpur – ET Infra Read More »
