Infrastructure & Construction News Today

JK Cement acquires ~60% in Saifco Cement for ~Rs 174 mn to expand in North India; deal to strengthen regional presence and supply chain.

Bengaluru's Phase-3 Metro projects, including corridors 1 and 2, are expected to be completed by December 2029, with an estimated cost of `30,399 crore.

RPG Group's KEC wins transmission projects worth Rs 1,445 crore in India.

Indian Railways has commenced work on the first package of the 60km Pushkar-Merta rail line in Rajasthan. The first phase involves work worth ₹100 crore and includes construction of railway station, underpasses, bridges, and buildings. The second phase will involve track laying at a cost of ₹600 crore and is expected to be completed within three years.

Mumbai Metro 4A project delayed until April 2025, facing a cost escalation of Rs 63 crore, now costing a total of Rs 503 crore.

Emaar India to invest 1,600 Cr in Gurugram luxury project, Urban Ascent, spanning 9 Acres, promising 800 premium apartments and revenue of 3,400 Cr.

Kanpur Development Authority plans 53.31-hectare New Kanpur City project, allocates INR 183.5 crore for infrastructure.

MMRDA secures USD 40 billion (INR 3.5 lakh crore) in investments through 11 MoUs at the World Economic Forum in Davos.

Tamil Nadu aims to achieve a $1-trillion economy by executing medium-to-large infrastructure projects under PPP model.

Mumbai's Sion Road Overbridge reconstruction, part of the fifth and sixth railway line project between Parel and Kurla, faces delays due to unresolved issues with BMC, including tree removal, structure clearance, and a pay-and-use toilet obstructing progress. Despite repeated requests, these issues remain unresolved, delaying the project.