The Indian Renewable Energy Development Agency (IREDA) is planning to raise Rs 15 billion-Rs 20 billion through taxable bonds in 2015-16. The funds will be utilised for financing renewable energy projects in the country. In […]
Delhi Transco Limited (DTL) has sought a loan of Rs 8 billion from the Power Finance Corporation for completing three projects – laying cables in the Rajghat, Dwarka and Tughlakabad areas of Delhi. Reportedly, DTL […]
The Ministry of Power (MoP) is likely to present a proposal to the Cabinet Committee on Economic Affairs (CCEA) seeking extension of the timeline for issuance of bonds under the Ujwal Discom Assurance Yojana (UDAY). […]
ADB has approved a project loan of $300 million to upgrade over 400 km of major district roads (MDRs) in Uttar Pradesh, to improve maintenance and strengthen road safety on the MDRs forming part of […]
A consortium of banks led by the State Bank of Patiala is looking to sell stake in Monnet Ispat and Energy Limited. Earlier, the banks had acquired a 51 per cent stake in the company […]
The Asian Development Bank (ADB) has approved a loan of $175 million to Mytrah Energies (India) Limited (MEIL). MEIL will utilise the proceeds of the loan for the development of wind and solar power projects […]
NTPC Limited has raised Rs 10 billion through a bond issue. The issue was oversubscribed by 2.8 per cent. The company had put on offer a subscription for non-convertible debentures totalling Rs 5 billion with […]
In a bid to strengthen bilateral ties and ensure energy security, India has offered a $100 million line of credit for infrastructure development to Papua New Guinea and has agreed to jointly develop new avenues […]
The Odisha government has allocated Rs 3.73 billion for the Sambalpur sewage treatment plant (STP) project. Of the allocated funds, Rs 400 million will be provided by the Odisha Urban Industrial Development Fund in the form […]
The Ministry of Urban Development has released a sum of Rs 1.94 billion to the Pune Municipal Corporation (PMC), Maharashtra, for implementing various projects under the Smart Cities Mission. As per the plans, the civic […]
The Ministry of Road Transport and Highways has sanctioned funds for the Jammu semi-ring road project and the Srinagar semi-ring road project. Funds worth Rs 14 billion and Rs 18.6 billion have been approved for […]
The Kolhapur Municipal Corporation in Maharashtra has commissioned the Rankala lake water purification plant. The plant, which has the capacity to treat 1 million litres of water per hour, was set up at a cost […]
The city council of the Belagavi City Corporation in Karnataka has approved a Rs 1.9 billion sewerage project in the city. The project is proposed to be undertaken under AMRUT. Of the total funds, Rs […]
The Vadodara Municipal Corporation (VMC) in Gujarat is planning to construct a 78 mld sewage treatment plant (STP) in the city, at an estimated cost of Rs 1.04 billion. At present, there are seven STPs […]
The Bangalore Water Supply and Sewerage Board (BWSSB) in Karnataka has approved the technical report of the Cauvery Water Supply Scheme Stage V. The report will now be sent to the state government for approval. […]
The Darjeeling Municipality in West Bengal is planning to upgrade the town’s water supply system under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT). Estimated to entail an investment of Rs 2.05 billion, the […]
The Karnataka government has issued an order restricting the utilisation of fresh water from the Netravathi river (between the Thumbe dam and AMR Power Private Limited’s vented dam) in Mangalore for non-drinking purposes. The order […]
The Delhi Metro Rail Corporation has invited bids for independent safety assessment services for train control and signalling systems for the Noida-Greater Noida metro rail project. The last date for bid submission is June 20, […]
The Mumbai Metropolitan Region Development Authority (MMRDA) has approved the draft plan for the DN Nagar-Mankhurd corridor (Phase 2B) of the Mumbai Metro Phase I, Line 2 project (Dahisar-Charkop-Bandra-Mankhurd). According to the draft plan, the […]
Bharti Airtel has signed definitive agreements with Aircel and its subsidiaries, Dishnet Wireless and Aircel Cellular, to acquire the right to use 20 MHz of spectrum in the 2300 MHz band across eight circles. These […]
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