The Maharashtra government has given its nod to the Mumbai-Pune expressway expansion and has sanctioned Rs 32.15 billion for the project. Under the expansion plan, aimed at cutting down overall travel time by 20 minutes, […]
NHAI has reportedly involved the State Bank of India, Punjab National Bank, IDFC Bank and digital wallet Paytm to issue radio frequency identification-based electronic toll collection tags. NHAI had initially tied up with ICICI Bank […]
The Department of Economic Affairs (DEA) has approved the implementation of highway projects worth Rs 69.62 billion ($1.04 billion) under the Bangladesh-Bhutan-India-Nepal (BBIN) road initiative. These involve the development of the 115 km Ukhrul-Tolloi-Tadubi highway […]
The MoRTH is planning to start inviting bids to monestise public-funded toll plazas in October 2016, under the toll-operate-transfer (TOT) model. In August 2016, the CCEA authorised NHAI to monetise public-funded national highway projects. Projects […]
The Ministry of Road Transport and Highways (MoRTH) has laid foundation stones for 12 major national highways projects worth Rs 106 billion at Ropar, Samrala and Jalandhar in Punjab. These projects include four-laning of the […]
The National Highways Authority of India (NHAI) will make a one-time fund infusion of Rs 3.5 billion for the implementation of the six-laning project for the Gurgaon-Kotputli-Jaipur section of National Highway (NH)-8. Widening and maintenance […]
The central government has proposed the development of a 35,000 km highway network across the country for faster freight movement. Global consultancy firm AT Kearney has identified 40 such economic corridors totalling about 35,000 km. […]
IR is planning to establish an aluminium coach manufacturing factory at Palakkad in Kerala. The tender for the factory, to be built under the PPP mode, is awaiting MoR approval. The decision has come into […]
IR’s finance arm, the Indian Railway Finance Corporation (IRFC) is planning to raise Rs 10 billion-Rs 20 billion through an issue of masala bonds. The rupee-dominated bonds will have a tenor of three to five […]
The MoR has launched a newly manufactured guard van of goods (freight) train at Safdarjung railway station, Delhi. This is the first time a guard van train has been equipped with a solar-powered light, fan, […]
The MoR has inaugurated a 28 km section between Hansdiha and Barapalasi in Jharkhand. The section will reduce the distance between Rampurhat and Bhagalpur by 156 km. Apart from this, an alternative route from Rampurhat […]
The MoR has launched various services for passengers such as liberalised station-to-station special freight rate policy (existing as well as new traffic will be eligible), providing a sub-quota of 33 per cent to women within […]
The Ministry of Railways (MoR) has decided to run 20 Hamsafar trains for major destinations. Of these, four will run from Pune. One of these, the Pune-Amravati train, originates in the city and the others […]
IR has launched Mission Raftaar on the busiest Ghaziabad-Allahabad-Mughalsarai route, and has taken it up on a priority basis for increasing the average speed. Loco-hauled commuter trains were replaced with mainline electric multiple unit (MEMU) […]
Indian Railways (IR) has ended its 92-year-old practice and has merged the railway budget with the general budget. However, the distinct entity and financial autonomy of IR will be retained. The step has been taken […]
Adani Green Energy (Tamil Nadu) Limited has commissioned a 648 MW solar power plant at Ramanathapuram in Tamil Nadu. Entailing an investment of around Rs 45.5 billion, it is the world’s largest solar plant at […]
NHPC Limited has commissioned the fourth 40 MW unit of the 160 MW Teesta Low Dam hydroelectric project (HEP), Stage IV, at Darjeeling in West Bengal. With this, the HEP stands fully commissioned. Bharat Heavy […]
The Ministry of Environment, Forest and Climate Change (MoEFCC) has allowed NTPC Limited to transport imported coal to its 2,100 MW Farakka super thermal power plant in West Bengal through national waterways up to January […]
The Directorate of Revenue Intelligence (DRI) has issued show cause notices to 10 power companies for the overvaluation of coal imports from Indonesia. These include five companies of the Adani Group (for an overvaluation of […]
The Ministry of Power plans to offer new electricity connections free of cost to all households. The Rural Electrification Corporation (REC) is formulating a scheme for providing long-term loans to states that agree to offer […]
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