Tag: West Bengal


India signs financing agreement with World Bank for NCRMP-II

The Financing Agreement for World Bank (IDA) assistance of USD 308.40 million for National Cyclone Risk Mitigation Project-II (NCRMP-II) was signed between Government of India and the World Bank. The Financing Agreement was signed by Raj Kumar, Joint Secretary, Department of Economic Affairs on behalf of the Government of India and John Blomquist, Program Leader […]

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West Bengal to sign MoU with London based agency for smart city

The state urban development authorities of West Bengal held a meeting with the representatives of 59 urban local bodies that have come up with their self assessment reports. Officials from the state will also sign an MoU with a London-based consulting agency, that designs plans for modern urban townships, during Chief Minister Mamata Banerjee’s London […]

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Cabinet approves National Cyclone Risk Mitigation Project Phase-II

The Union Cabinet chaired by the Prime Minister, Narendra Modi, gave its approval for the Centrally Sponsored Scheme of the National Cyclone Risk Mitigation Project (NCRMP) Phase-II. The second phase will be implemented in the States of Goa, Gujarat, Karnataka, Kerala, Maharashtra and West Bengal with World Bank Assistance at a total cost Rs 2361.35 […]

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Essel Group to develop smart cities in West Bengal

Essel Group, Indias leading business conglomerate has presented a Letter of Intent (LOI) to the Government of West Bengal to develop two Smart Cities and a series of infrastructural and urban development projects for the state. Essel Group has announced an investment of Rs. 10,000 crore for transforming Saltlake City and New Town. The group […]

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Rishi Jain

Consumers want affordable housing, but in the lifestyle segment that is not possible when the cost of land is high. So we have chosen Madhyamgram for building such affordable lifestyle housing projects priced between Rs 15 lakh and Rs 25 lakh.

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West Bengal: Jain Group invests Rs 300 crore in affordable lifestyle housing

Jain Group, real estate company has announced plans of investing more than Rs 300 crore in affordable lifestyle housing segment over the next 3-4 years in West Bengal.A? Rishi Jain, Executive Director of the group, has stated that the company was constructing six projects in different parts of Madhyamgram, a few kilometres away from Kolkata. […]

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Mamata Banerjee

It (Kolkata Eye) will be an icon of the great city of Kolkata and will enrich the ongoing river-front beautification project. This project, the first of its kind in size and magnitude in India, is already underway and is expected to be ready in a years time

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Mega solar power project to be set up in West Bengal

The state government has presented a proposal to the Centre for establishing a 250 MW solar power project near the Purulia Pumping Storage Project (PPSP) at Baghmudi. The project would cost an estimated Rs.1700 crores. It will be the largest solar power project in the world if the state government can sort land availability issues. […]

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New buses, routes introduced in West Bengal

West Bengal government is launching 632 new buses on the road, under the JNNUM scheme, to fill the gap created by private buses pulling out of an unviable business. Around 100 of these buses have already been deployed on completely new routes under private management. This fleet of ‘Omni buses’ will be run by the […]

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West Bengal to add over 800 MW of non-conventional power by 2017

West Bengal plans to add over 800 MW of non-conventional power by the end of the 12th Five-Year Plan, ending 2017. Today we are producing about 193 megawatt of renewable power. Our target by the end of the 12th Plan is 1,040MW. Most of it would be from solar power, said State Power Minister Manish […]

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