30.3.10

Bigger, Bolder, Better




Hope the infrastructure story comes alive...It's now or never !

Japan has committed over Rs 10,000 crore in six infrastructure projects in 2010-11. The projects include the second phase of Delhi Metro, the East-West Corridor of Kolkata Metro and the Railways’ Dedicated Freight Corridor. Japanese ambassador Hideaki Domichi and senior finance ministry officials signed an agreement in this regard. Japan has pledged an investment of 215 billion yen or Rs 10,535 crore. With this, India becomes the highest recipient of Japanese aid crossing Rs 1.55 lakh crore. The money pledged for the second phase of the Delhi Metro is about Rs 1,648 crore, the allocation for Kolkata Metro’s second phase is Rs 1,146 crore, Rs 2,932 crore for the second phase of the Chennai Metro project and Rs 4,422 crore for the first phase of the Dedicated Freight Corridor project of Railways.

No comments: