NHAI has signed an MoU with the State Bank of India (SBI) for an unsecured loan worth Rs 250 billion. The loan will be for a period of 10 years with a three-year moratorium on […]
The MoRTH has launched the Bidder Information Management System (BIMS) and the Bhoomi Rashi-Public Financial Management System (PFMS) linkage portals in order to expedite pre-construction processes related to bidding and land acquisition respectively. BIMS is aimed at […]
The Cabinet Committee on Economic Affairs (CCEA) has approved the project for the construction of a new four-lane, 6.93 km bridge at Phulaut in Bihar. It has also approved the rehabilitation and upgradation of the existing […]
The merger between Idea Cellular and Vodafone India has finally been completed, and has led to the creation of India’s largest telecom operator – Vodafone Idea Limited. The entity will have the largest voice network […]
The National Digital Communications Policy (NDCP) is expected to be tabled before the cabinet soon. Once approved, the NDCP will set the roadmap for attracting Rs 6.5 trillion worth of investments in the sector and […]
The steering committee established to draw India’s 5G roadmap has submitted its report to the telecom secretary. The recommendations are centred on topics such as spectrum policy, regulatory policy, education and awareness, application and use […]
The government has announced a mega investment and connectivity programme for the north-eastern states. The programme entails the inflow of nearly Rs 100 billion through over 400 programmes expected to be rolled out in the […]
Reliance Jio Infocomm Limited (RJIL) has surpassed Vodafone India to become the second largest telco in the country by revenue. According to financial data of the Telecom Regulatory Authority of India, RJIL’s revenue market share […]
Bharat Sanchar Nigam Limited (BSNL) is planning to invest Rs 43 billion towards infrastructure expansion and network modernisation in financial year 2018-19. In addition, BSNL is also looking to add 12,000 mobile towers for 3G […]
ITI Limited has won two projects worth Rs 26.58 billion under tenders issued by the Maharashtra Information Technology Corporation as part of BharatNet Phase II. Approximately 38,000 km of optic fibre cable (OFC) has to […]
Reliance Communications (RCOM) has completed the sale of its fibre and related infrastructure assets amounting to Rs 30 billion to RJIL. With the completion of this transaction, RCOM has transferred 178,000 km of fibre to […]
The Delhi Metro Rail Corporation commenced trial runs on the Lajpat Nagar-Mayur Vihar Pocket 1 stretch of the Delhi metro project, Phase III, on September 5, 2018. The 9.7 km stretch is a part of […]
The Nigdi-Dapodi corridor (Corridor 1) of the Pimpri Chinchwad bus rapid transit (BRT) project commenced operations on August 24, 2018. The project involves the improvement of the 45.86 km road network in Pimpri-Chinchwad city by […]
The Rajasthan government has formed the Jaipur Water Supply and Sewerage Board (JWSSB) for the management of water supply and sewerage services in urban areas of the city. JWSSB, an autonomous body, has been constituted […]
The 24×7 Manimajra water supply project in Chandigarh has been approved by the board of directors of Chandigarh Smart City Limited. The project will be implemented by the Municipal Corporation of Chandigarh. It is being […]
The Corporation of Chennai has passed a council resolution for the installation of two waste-to-energy (WtE) plants at the Kodungaiyur and Perungudi landfills in Chennai, Tamil Nadu. The project also involves the construction of piggyback […]
Chennai Metro Rail Limited (CMRL) has commenced trial runs on the AG-DMS-Washermanpet section of Phase I of the Chennai metro. The section spans 9.5 km (underground) and covers eight stations. Civil works are expected to […]
The West Bengal government has approved Rs 10.98 billion for the construction of a bridge over the Bhagirathi river, connecting Kalna in Burdwan with Shantipur in Nadia. The project will be carried out by the […]
The National Highways Authority of India (NHAI) has achieved financial closure for the first bundle of toll, operate and transfer (TOT) projects. An upfront payment of Rs 96.81 billion was made by the Macquarie Group […]
NHAI is expected to borrow at least Rs 250 billion as a loan from public sector banks including the State Bank of India (SBI). The authority recently received a loan of Rs 250 billion from […]
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