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INFRASTRUCTURE PROJECTS COST OVERRUN
Centre revises cost of 993 road and 190 railway projectsThe Centre has revised the cost estimates of 993 road and 190 railway projects among 1,775 infrastructure projects worth ₹150 crore and abo...- Infrastructure projects see cost overrun of Rs 3.4 lakh cr: MoSPIOngoing infrastructure projects show a Rs 3,40,504 crore cost overrun on projects over Rs 150 crore. Over 1,700 projects are monitored, wit...
- Samsung, SK Hynix stand to benefit as Nvidia AI server costs surgeServer manufacturers notified major data center customers, including Microsoft, Google, and Oracle, that prices for Nvidia-based AI systems...
- Before the first server hums: India needs an impact test for the AI ageBefore advancing with AI infrastructure in India, it is crucial to conduct thorough impact assessments. Large data centres have high demand...
- Renewable energy project deadlines extended up to four months due to West Asia disruptionsRenewable energy projects may receive up to four-month deadline extensions. This relief applies to delays caused by West Asia situation dis...
- Facing protests from CJP and impending local polls, Rajasthan government unveils ₹12,500-crore school overhaul planRajasthan's government has unveiled a significant ₹12,500-crore plan for school infrastructure upgrades. This three-year initiative aims to...
- IIFCL raises $200 million via 2 ECB transactionsIIFCL plans to raise around $1 billion through long-term ECBs, with tenors of up to 15 years, under the MIGA Guarantee Facility, in multipl...
- Bihar CM announces Rs 70,000 crore plan for 126-km Marine Drive along GangaAddressing the concluding ceremony of the Employment Fair (Rojgar Mela) at Gyan Bhavan near Gandhi Maidan in Patna, Choudhary said the proj...
- Gautam Adani meets DK Shivakumar amid delay over Bengaluru tunnel road projectGautam Adani met Karnataka Chief Minister DK Shivakumar regarding a stalled tunnel project. Adani Enterprises was the lowest bidder for the...
- Steel, bitumen, geopolitics could slow India’s construction boom: ICEMA Vice PresidentIndia's construction equipment industry anticipates single-digit growth this financial year. Rising steel and bitumen prices are significan...
- Maldives' largest infra project advances with India's support after final segment of Thilamale Bridge is installedThe final bridge segment connecting Male with Villingili island has been officially set in place. This marks a significant milestone for th...
- Nvidia invests in data center developer Cloverleaf InfrastructureThe investment will help Cloverleaf develop sites for the data centers, while Nvidia will support infrastructure buildouts for AI computi...
- Sarbananda Sonowal inaugurates Rs 428 cr projects at Paradip Port, signs Rs 1,580 cr mechanisation pactsAt Paradip Port, Union Minister Sarbananda Sonowal inaugurated seven significant infrastructure projects valued at Rs 427.80 crore. He also...
- Ceigall India JVs secure Rs 2,423-crore MoRTH orders for road construction on NH-913 in ArunachalCeigall India's joint ventures secured five Letters of Acceptance from MoRTH. These awards total Rs 2,423.70 crore for road construction on...
- Private capex confidence still catching up as uncertainty clouds investment decisionsCompanies are deferring investments due to uncertain demand and volatile commodity prices. Large capital projects require confidence in fut...
- Rupee slide chips away at ISM outlayA weak rupee is causing what analysts and industry insiders estimate to be a “net double-digit cost overrun” for businesses relying on impo...
- Kumaraswamy alleges NICE takeover bid in Bengaluru, asks CM Shivakumar to disclose buyerUnion Minister HD Kumaraswamy alleged an attempt to take over the privately operated NICE road project. He questioned Chief Minister DK Shi...
- PM GatiShakti: 396 infra projects worth Rs 18.66 lakh crore recommended for approvalNearly four hundred infrastructure projects have been recommended for approval under the PM GatiShakti initiative. These projects, valued a...
- Infra projects see cost overrun of Rs 4.92 lakh cr: MoSPIA significant number of infrastructure projects, each exceeding Rs 150 crore, have encountered notable cost escalations. Out of 1,847 proje...
- Infrastructure projects see cost overrun of Rs 4.92 lakh cr: MoSPIInfrastructure projects worth over Rs 150 crore each registered substantial cost overruns. A total of 1,847 projects monitored showed revis...
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