NHAI has formed the National Highways Investment Promotion Cell for attracting domestic and foreign investment for highway projects. The cell will focus on engaging with global institutional investors, construction companies, developers and fund managers for building […]
NHAI plans to launch its first retail bond issue in February 2018. It aims to raise around Rs 50 billion by tapping the retirement savings of senior citizens. The amount raised will be used to […]
The Dredging Corporation of India (DCI) and the National Highways Authority of India (NHAI) have signed an MoU for facilitating the supply of sand for highway construction work. Concessionaires working on highway projects have been […]
The Central Road Fund (Amendment) Bill, 2017, was passed by the Lok Sabha on December 19, 2017. The bill seeks to amend the Central Road Fund Act, 2000, through which the cess levied and collected […]
The governments of India and Morocco have signed several agreements for bilateral cooperation in the road transport, water resources and marine sectors. With regard to the road sector, a cooperation framework agreement was signed between […]
The Ministry of Road Transport and Highways (MoRTH) has signed an MoU with Transport for London (TFL) with the objective of using TFL’s expertise to revamp public transport infrastructure in the country. TFL is the […]
IR has cleared the Rs 120 billion proposal to equip 6,000 electric locomotives with the European Train Control System (ETCS), Level II, in a bid to improve safety and prevent accidents. The Railway Board has […]
The Kerala government has presented a preliminary project report to the Railway Board for setting up a semi-high speed rail corridor between Kasargod and Thiruvananthapuram. This project is planned for implementation by Kerala Rail Development […]
In a major digital initiative to help plan traffic flows and optimise freight operations, the MoR launched the Smart Freight Operation Optimisation and Real Time Information (SFOORTI) application for freight managers, which provides features for […]
The MoR, the Ministry of Human Resource Development (MHRD) and the Department of Science and Technology (DST) (Ministry of Science and Technology) have signed an MoU to jointly fund the Technology Mission for Indian Railways […]
The cabinet has approved the Ministry of Railways’ (MoR) transformative initiative to set up the first National Rail and Transport University in Vadodara to build capacity and skill its human resources. The government is currently […]
The Telangana government has launched round-the-clock free power supply to 2.3 million farmers in the state. The power was earlier supplied to them for nine hours. The free power supply will be available for 2.3 […]
The Ministry of Environment, Forest and Climate Change’s Expert Appraisal Committee (EAC) has recommended clearance for NHPC Limited’s 800 MW Bursar hydroelectric project in Jammu & Kashmir. The EAC had earlier taken a decision to […]
Coal India Limited (CIL) is planning to introduce a new pricing policy for coal in line with global practices by April 2018. As per the policy, coal pricing will be based on a per unit […]
Power Finance Corporation Consulting Limited (PFCCL) has signed an MoU with PTC India Limited for exploring power procurement from coal-based plants to facilitate signing of power purchase agreements (PPAs) with discoms. As of now, the […]
NTPC Limited has commissioned the second 800 MW unit of the Kudgi supercritical power station in Karnataka. Karnataka as the host state will receive 400 MW while the remaining power will be shared among the […]
The Central Electricity Regulatory Commission has notified the Sharing of Inter-State Transmission Charges and Losses (Fifth Amendment) Regulations, 2017. As per the amendment, transmission charges/losses will be waived for solar power projects commissioned between July […]
The central government inaugurated the weekly cargo service on the Pandu-Dhubri/Hatsingimari stretch of NW-2 (Brahmaputra river) on December 29, 2017. Subsequently, the government flagged off two barges with a capacity of 200 tonnes each, carrying […]
The Cabinet Committee on Economic Affairs approved the implementation of the Jal Marg Vikas project (for navigation capacity augmentation on NW-1) on January 3, 2018. It has been approved at a cost of Rs 53.69 […]
Parliament has passed the Central Road Fund (Amendment) Bill, 2017, to allocate 2.5 per cent of the proceeds of the Central Road Fund (CRF) for the development and maintenance of national waterways (NWs). An allocation […]
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