NBCC Signs Rs 250 Billion MoU for Maharashtra Infrastructure Projects

29 Mar 2025 CW Team

NBCC (India) Limited has signed a Rs 250 billion memorandum of understanding (MoU) with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd (MAHAPREIT) to undertake consultancy, EPC, fee-based, and redevelopment projects across Maharashtra.

This strategic partnership will focus on key infrastructure initiatives, including cluster development in Thane, data centers, renewable energy projects, slum rehabilitation in the Mumbai Metropolitan Region (MMR), and affordable housing under Pradhan Mantri Awas Yojana (PMAY). The projects will be executed in phases over the next three to five years.

This marks NBCC鈥檚 first major redevelopment venture in Maharashtra, following its successful urban transformation projects in Delhi. Through this collaboration, NBCC and MAHAPREIT aim to enhance project execution, improve service delivery, and contribute to sustainable urban development in line with the Government of India鈥檚 vision.

(CNBCTV)

Infrastructure Transport

15 May 2025

Mumbai-Ahmedabad Bullet Train Set to Launch by 2028

India鈥檚 first bullet train is set to revolutionize high-speed travel along the western corridor, with the Mumbai-Ahmedabad high-speed rail project aiming for a 2028 launch. This announcement marks a major milestone in India鈥檚 infrastructure goals, as it promises to reduce travel time between the two economic hubs from eight hours to just three.Spanning a planned 508-kilometre stretch, the corridor stands as a flagship example of Indo-Japanese collaboration in technology and engineering. Once operational, the train is expected to transform intercity mobility and place India among the select..

Infrastructure Transport

15 May 2025

Mumbai-Gandhinagar Train Service Enhances Passenger Capacity

The Mumbai Central鈥揋andhinagar Capital Vande Bharat Express has increased its passenger capacity by adding four additional AC chair car coaches to meet the growing commuter demand on one of India鈥檚 busiest business corridors. This upgrade, effective from 11 May, raised the train鈥檚 seating capacity from 1,128 to 1,440 passengers, allowing it to serve 936 more passengers daily in both directions. The increase was described as a practical measure to accommodate the surging demand on the busy Mumbai鈥揂hmedabad鈥揋andhinagar route, which regularly operates at over 150 percent seat occupancy...

Infrastructure Urban

15 May 2025

Delhi Plans 12 Sewage Plants to Clean Najafgarh Drain Efficiently

Delhi鈥檚 ambitious plan to improve the water quality of the Yamuna River has gained significant momentum as the Delhi Jal Board (DJB) has begun work on 12 new sewage treatment plants (STPs) aimed at reducing the volume of untreated sewage being discharged from the Najafgarh Drain.This initiative forms part of the ongoing efforts to clean the Yamuna and restore the river鈥檚 health, which has long been a critical environmental issue for the national capital. Given the alarming pollution levels in the Yamuna, experts and officials consider this project a vital step toward addressing the persist..