Infrastructure Current Affairs - 2020

Category Wise PDF Compilations available at This Link

BharatMala Pariyojana: Government to build 83,677 km of infrastructure projects

The Union Government has announced to build 83,677km of roads, highways, greenfield expressways and bridges with investment of Rs.6.92 lakh core in next five years i.e. by 2022 to further optimise efficiency of movement of goods and people across the country. It also includes first phase of new umbrella programme BharatMala Pariyojana that involves construction Read More…

Get these updates on Current Affairs Today Android App

NHAI to get power to speed up Bharatmala programme

The National Highways Authority of India (NHAI) will soon get powers to approve highway projects with construction cost of more than Rs 1,000 crore to ensure faster implementation of Bharatmala programme. The programme, along with the proposal to enhance powers of NHAI will soon get Cabinet clearance soon. Key Facts Currently, all highway projects entailing Read More…

Get these updates on Current Affairs Today Android App

First Investment Agreement signed between NIIF and Abu Dhabi Investment Authority

India’s National Investment and Infrastructure Fund (NIIF) of India on has signed an investment agreement worth $1 billion with Abu Dhabi Investment Authority (ADIA). With this, ADIA became first institutional investor in NIIF’s Master Fund and shareholder in NIIF’s investment management Company. NIIF is claimed to be India’s first sovereign wealth fund. Background The agreement Read More…

Get these updates on Current Affairs Today Android App

MoRTH to promote new technologies in highway projects

The Ministry of Road Transport and Highways (MoRTH) has decided to implement “Value Engineering Program” to promote use of new technologies, materials and equipment in highways projects executed either under Public Private Partnership (PPP) mode or public funding mode. Value Engineering Program The objective of programme is to use innovative technology, materials and equipment to Read More…

Get these updates on Current Affairs Today Android App

SEBI allows REITs, InvITs to raise funds via debt securities

Capital markets regulator SEBI (Securities and Exchange Board of India) amended guidelines of Real Estate Investment Trusts (Reits) and Infrastructure Investments Trusts (InvITs) in order to broaden scope of fund raising by such instruments. Amended Guidelines It allows REITs and InvITs to raise capital by issuing debt securities. REITs now require to have 50% stake Read More…

Get these updates on Current Affairs Today Android App

Union Cabinet approves new Bridge over Mechi River at India-Nepal border

The Union Cabinet has approved a Memorandum of Understanding (MoU) between India and Nepal for starting construction of a new Bridge over Mechi River at India-Nepal border. The new bridge will be constructed at an estimated cost of Rs. 158.65 crore, which will be funded by India through Asian Development Bank (ADB) loan. Key facts Read More…

Get these updates on Current Affairs Today Android App