India Post to Become Logistics Giant
The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com
KEC International wins new orders of Rs 10.03 billion
KEC International, a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs 10.03 billion across its various businesses:Railways: The business has secured an order for tunnel Ventilation system and associated works in India.Civil: The business has secured an order in the industrial segment for Civil and Mechanical works for a Steel plant in India.Cables: The business has secured orders for supply of various types of cables in India and overseas.Vimal Kejriwal, MD and CEO, KEC International commented, "We are pleased with the order wins secured across our business v..
Chennai Floats Bonds for Infrastructure Projects
The Greater Chennai Corporation (GCC) has decided to issue municipal bonds to raise ?1,500 crore for urgent infrastructure projects. This fund-raising strategy follows a central government model that enables urban local bodies to mobilize capital from investors for essential projects without relying solely on state or central grants. The initiative aims to address the city’s infrastructural needs, including canal restoration, road relaying, and flyover construction, all worth around Rs.80 crore. Municipal Bonds Model Under union finance ministry guidelines, urban local bodies can issue bon..