06 June 2020

Table of Contents for Ticker Tape

Ticker Tape Infrastructrure

BEML Makes a New Breakthrough in Intermediate Metro Cars


BEML Ltd a diversified solutions provider in mining and construction, railway wagons, metro rail, defence and aerospace, has made a new breakthrough with the delivery of the first intermediate cars for Bangalore Metrol Rail Corporation (BMRCL). The intermediate car unit shall be integrated with the existing 3-car trains set to form 6-car train sets which will eventually double the present passenger carrying capacity of the metro. Apart from BMRCL, BEML is presently executing contracts for Kolkata Metro East-West project and Delhi Metro phase-3 projects. The mock-up of Kolkata Metro project has recently been delivered and has drawn wide appreciation. BEML ventured into manufacture and supply of hi-tech Metro cars in 2002 and has supplied to Delhi Metro, Bangalore Metro and Jaipur Metro.




Rs.9,000 crore allocated to Northern Railway


The Northern Railway has been allocated Rs.9,000 crore in the railway budget 2018-2019 to modernise its entire signalling system by embracing the world's most advanced technology, officials said today. For the year 2018-2019, the outlay is Rs.565 crore. Additional funds will be released each year according to the requirement Headquartered in New Delhi, the northern zone spans 6,807 kilometre in Jammu and Kashmir, Punjab, Haryana, Himachal Pradesh, Uttarakhand and Uttar Pradesh and the Union territories of Delhi and Chandigarh. Rs.398 crore has been earmarked for replacing old mechanical signalling with electronic interlocking at 53 stations in the region.  The Northern Railway has been given Rs.10 crore for providing Wi-Fi at 25 'B' category stations. Rs.154 crore from the Nirbhaya Fund has been earmarked for installing CCTV cameras in 4,038 coaches of premium trains (Rajdhani, Shatabdi and Duronto). Rs.365 crore has been set aside for video surveillance systems at 1,589 stations in the northern region. The zone has also been given Rs.1,900 crore for new lines across its network.





Essel Infra signs MoU of Rs.6,000 cr


Essel Infraprojects Limited has pledged projects to the tune of Rs.6,000 crore to the Assam government.

At the two-day business summit, Advantage Assam, organised by the Assam government under Chief Minister Sarbananda Sonowal, Essel Infraprojects signed a Memorandum of Understanding with the state committing projects worth Rs.6,000 crore.





Nitin Gadkari opens projects worth Rs.6,517 crore in UP


Union Minister Nitin Gadkari recently laid the foundation stone for several projects in Uttar Pradesh -- all totalling Rs.6,517 crore. These seven national highway (NH) projects have a total length of 246 km, Ministry of Road Transport and Highways said in a statement. In Maharajganj, Gadkari opened the newly widened and strengthened 26.9 km Urka-Ramnagar section and 33 km long Siswa Babu to Kaptanganj section of NH 730, it said.


These projects cost Rs.369 crore.


He also laid the foundation stone for widening and strengthening 21.12 km long Ramnagar-Siswa Babu section of NH 730 at a cost of Rs.193 crore. In Ghazipur, Gadkari laid the foundation stone for widening and strengthening of 65.38 km long Ghazipur-Mau section of NH 29 at a cost of Rs.3,580 crore, Hridaypur -Tikri Buzurg section of NH 97 and 56.2 km long Ghazipur-Jamania- Sayyadraja section of national highways. In addition , the road transport and highways minister also laid the foundation stone for an Intermodal Terminal on National Waterways -I (River Ganga) at Ghazipur.


This terminal is being constructed as part of the World Bank aided Jal Marg Vikas project and will provide intermodal transportation facility for cargo.


The terminal will link the NW-I with NH 31, the statement said, adding that it will be very important for efficient movement of large and small cargo by providing the options for both land and water transportation or the option for intermodal switching. Gadkari also laid the foundation stone for widening of 15 km long Deoria Byepass section of NH 727 A at a cost of Rs.600 crore and 27.75 km long Kaptanganj-Padrauna section of NH 730 at a cost of Rs.275 crore





NHIDCL inks MoU with IL&FS for Rs.6,808 cr Zojila tunnel project


NHIDCL and IL&FS transportation signed an MoU for construction of Zojila tunnel at an estimated cost of Rs.6,808.69 crore. The tunnel will provide all weather connectivity between Srinagar, Kargil and Leh. Zojila pass is situated at an altitude of 11,578 feet on Srinagar-Kargil-Leh National Highway which remains closed during winters (December to April) due to heavy snowfall and avalanches cutting off Leh-Ladakh region from Kashmir. An MoU was signed between National Highways and Infrastructure Development Corporation (NHIDCL) under the Ministry of Road Transport & Highways and IL&FS Transportation Networks Ltd for construction of the 14.150 km long, 2-lane bi-directional Zojila Tunnel in Jammu & Kashmir The total capital cost of the project is Rs.6,808.69 crore. This will be India's longest road tunnel and the longest bi-directional tunnel in Asia,, the construction of this tunnel will provide all weather connectivity between Srinagar, Kargil and Leh and will bring about all round economic and socio-cultural integration of these regions. The project aims at construction of 14.150 km long two lane bi-directional single tube tunnel with a parallel 14.200 km long egress tunnel between Baltaland Minamarg in the state of J&K.





Ghaziabad, Noida get development projects worth over Rs.500 cr


Development projects, including multi-level parking and underpasses, worth over Rs.500 crore were dedicated to the public in Ghaziabad and Noida, on the occasion of Uttar Pradesh Diwas. Union Minister Mahesh Sharma and UP minister Jai Prakash dedicated eleven development projects worth Rs.350 crore to the public. The projects include a multi-level car parking and two underpasses. At Sector 18, the Noida Authority has developed multi-level parking at cost of Rs.243 crore which has a capacity of parking of 3,000 cars.


An underpass at Sector 60, 61, 66 and 71 was constructed by the Noida authority with a project cost of Rs.64.80 crore, while another underpass is constructed on the MP road number 3 between sector 94 and 95 at a cost of Rs.40.72 crore. In Ghaziabad, developmental schemes worth Rs.157 crore were launched by Minister of State for External Affairs V K Singh. He laid down foundation stone of total 40 schemes for the development of the city. District Magistrate and Vice Chairman of Ghaziabad Development Authority Ritu Maheshwari said Singh launched 14 schemes of GDA, Electricity and Urban Development departments. Maheshwari said Rs.32 crore will be spent on 14 of GDA schemes. A total amount of Rs.157 crore will be used for the development of the district.




India-Myanmar-Thailand Trilateral Highway by 2019


India-Myanmar-Thailand Trilateral Highway (TH) is likely to be operational by December 2019. India, Thailand and Myanmar are working on about 1,400km long highway that would link the country with southeast Asia by land and give a boost to trade, business, health, education and tourism ties among the three countries. There are 24 projects in Bangladesh, Bhutan, India, Nepal and Association of Southeast Asian Nations (ASEAN) connectivity and work is on in 14 to 16 projects. Most of the projects were being funded by the Asian Development Bank (ADB).





Ring roads worth Rs.36,290 cr in 28 major cities planned


The government is planning to build ring roads in the country’s 28 major cities at an estimated cost of Rs.36,290 crore,. Of these plans, detailed reports for projects worth Rs.21,100 crore are under progress. The projects are part of the Bharatmala initiative announced by the Cabinet last year, under which the government envisages development of 84,000 km (kilometre) of national highways at an investment of Rs.6.92 lakh crore by 2022. “We plan to decongest all major cities under Bharatmala. We have plans to build ring roads at an estimated cost of Rs.36,290 crore.


Formulation of detailed project reports (DPRs) for projects worth Rs.21,100 crore are in the process,” the Road Transport, Highways, Shipping, Water Resources and Ganga Rejuvenation Minister told PTI. Gadkari said DPRs are under award stage for another Rs.4,700 crore projects. Ring roads have been planned in the all the major cities, including Delhi, Lucknow, Bengaluru, Ranchi, Patna, Srinagar and Udaipur.


Various national corridors are planned under the Bharatmala scheme, and for decongestion of corridors the government has planned various initiatives like ring roads, the minister said. Apart from 28 ring roads, 40 bypasses have also been planned, Gadkari said.




IRB Infra’s SPV receives Appointed Date from NHAI for its Kishangarh – Gulabpura Highway Project
  • Starts Tolling from 21st February 2018 as per the Appointed Date
  • Also starts construction work on 90 Kms stretch of NH-79A & NH-79
KG Tollway Private Ltd., a wholly-owned subsidiary and a Special Purpose Vehicle (SPV) of IRB Infrastructure Developers Ltd., has received Appointed Date from NHAI for its Kishangarh to Gulabpura six laning Highway Project.
The SPV, in line with the NHAI’s Appointed Date, has started Tolling as well as Construction work on the 90 Kms corridor of NH 79A and NH-79 from 21st February 2018; thus, starting revenue generation from the day one.
Key highlights of the Project are as under:
  • Project, with cost outlay of Rs.1,526 Crores, involves 6 Laning of 90 Km stretch on NH-79A and NH-79 between Kishangarh and Gulabpura in Rajasthan.
  • NH 79 connects Ajmer to Ghat Bilod, traversing through major settlement stretches such as Nasirabad, Gulabpura, Bhilwara, Chittorgarh, Mangalwara and finally Udaipur
  • Concession Period is 20 Years, which includes construction span of 910 days.
  • Construction & Tolling commenced from 4th November 2017 as per the Appointed Date
  • Project entails annual premium payment of Rs.186.30 Crores to NHAI, which will be payable after three years from the appointed date.
  • Company is to infuse Sponsor contribution including internal accruals of Rs.506 Crores as equity. Balance funding through the project finance of Rs.1,020 Crores is tied at an average cost of approx. 10.20 per cent p.a.  


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