HUDCO and RITES inks deal for infrastructure projects

09 Aug 2024 CW Team

Housing and Urban Development Corporation Ltd. (HUDCO) and RITES Ltd., a transport consultancy and engineering company in India, have signed a Memorandum of Understanding (MoU) for various infrastructure projects. Under this agreement, RITES and HUDCO will collaborate on a wide range of infrastructure-related consulting projects and services, from conception to commissioning.

The partnership between the two Navratna CPSEs will not only cover sectors such as metro rail, roads, airports, ports, ropeways, highways, underpasses, flyovers, and tunnels but also focus on emerging areas like energy, water resources and hydropower, wastewater and waste management, urban and industrial building design, commercial and institutional projects, and other initiatives related to urban development and infrastructure.

Real Estate

18 Jun 2025

Notandas Realty Delivers '96 Tagore' Two Years Ahead of Time

Notandas Realty has completed the handover of its landmark ultra-luxury residential project, 鈥�96 Tagore鈥� in Santacruz (West), Mumbai, a full two years ahead of schedule. The project, which has received its full Occupation Certificate (OC), is a major milestone in the developer鈥檚 legacy of delivering high-end residences ahead of time and to the highest standards. Located on a half-acre plot, 鈥�96 Tagore鈥� comprises 43 limited-edition 3 and 4 BHK residences, priced between Rs 8 crore and Rs 20 crore. With a record sale price of Rs 81,500 per sq ft, the development stands among Santa..

Infrastructure Urban

18 Jun 2025

Bihar Unveils Major Infrastructure Plan for Inland Waterways

Union Ports, Shipping and Waterways Minister Sarbananda Sonowal announced a comprehensive infrastructure initiative to strengthen inland water transport in Bihar. Launched in Patna during the first workshop on National Waterway 1 (the Ganga), the plan aims to transform the waterway into a modern, sustainable transport network.Key project highlights and infrastructure upgrades include:Two hybrid electric catamaran vessels, offering cleaner and quieter river transportInstallation of Quick Pontoon Opening Mechanisms (QPOMs) at four locations, enhancing river crossing efficiencyTwo RO PAX terminal..

Infrastructure Transport

18 Jun 2025

GDA Seeks Centre Funding for Noida鈥揋haziabad Metro

The Ghaziabad Development Authority (GDA) is seeking central government funding to revive the stalled Noida鈥揋haziabad metro corridor, a crucial transit link in the National Capital Region. The project, initially launched several years ago, aims to enhance connectivity between Noida sectors and key locations in Ghaziabad.Construction on the corridor has faced delays due to funding shortages. GDA officials are urging the federal government to allocate finances to accelerate remaining civil works, electrification, signalling, and testing. Completion of these tasks would enable full operation an..