Reportedly, a road platform operated by the National Investment and Infrastructure Fund (NIIF) and I Squared Capital-owned Cube Highways has expressed interest in buying Ashoka Concessions Limited. Besides, the NIIF and Cube Highways have submitted […]
Industrial Energy Limited (IEL), a JV of Tata Power and Tata Steel, has signed asset purchase agreements with Tata Steel to acquire a 20 MW captive gas-based power plant and a 40 MW diesel generating […]
Adani Transmission Limited (ATL) has signed a share purchase agreement and completed the acquisition of WRSS XXI Transco Limited (WRSSTL) from REC Transmission Projects Company Limited. ATL had won this project through a tariff-based competitive […]
Vodafone Idea has demerged its fibre infrastructure by transferring the assets to its wholly owned subsidiary, Vodafone Towers Limited (VTL). This will help the telecom company to monetise its optic fibre assets, earlier pegged at […]
Infrastructure Leasing & Financial Services (IL&FS) has completed the sale of its wind energy assets to Japan-based Orix Corporation for Rs 48 billion, helping the company to pay its debt. IL&FS has sold 51 per […]
The Securities and Exchange Board of India has prescribed wider disclosure and compliance norms to be followed by the issuers of listed municipal bonds. Such listed entities are required to prepare and submit half-yearly unaudited […]
A bus rapid transit (BRT) system involves the creation of dedicated corridors across a city for high speed bus networks that aim to reduce traffic congestion and increase the number of commuters using buses. The […]
Urban rail projects have been mainly funded by the central and state governments (and in some instances, urban local bodies [ULBs]) along with debt financing from various multilateral funding agencies. The major source of income […]
The state of Andhra Pradesh has large tracts of agricultural land that requires substantial supply of irrigation water. However, the upland areas of East Godavari, Visakhapatnam and Krishna districts have no source of water supply […]
Amongst the several options that have emerged to cater to the dynamic needs of infrastructure companies and utilities, a promising and multifaceted solution is Bentley Systems’ infrastructure “digital twins” technology software. The use of advanced […]
In India, rail infrastructure forms the backbone of the country’s transportation system. Contributing to about 3 per cent of the total GDP, Indian Railways (IR) has been consistently working towards capacity expansion, efficiency enhancement, technological […]
Ashwini Bhide, managing director of Mumbai Metro Rail Corporation Limited (MMRCL), is an IAS officer of the 1995 batch, Maharashtra cadre. She has held several positions at the district level for both administrative and regulatory […]
The experience with the public-private partnership (PPP) model in the metro rail segment has not been very good. Sweeteners such as land parcels at prime locations failed to elicit an encouraging response. The key reason […]
Indian Railways (IR) has become a key driver of the government’s Make in India programme, enabling the country to become a manufacturing base for railway equipment. The initiative has helped the railways in attaining the […]
Over the years, automatic fare collection (AFC) systems have transformed significantly. Ticketing technologies and systems have evolved from paper-based tickets to closed-loop contactless smart cards, from catering only to metro tickets to more advanced interoperable […]
The road sector has witnessed a sea change over the past decade. The launch of the Bharatmala programme has further heightened activity levels in the sector, both in terms of award as well as execution […]
UDAY’s term is over and the power distribution segment continues to be affected by the chronic debt problem. As per recent data shared by the Ministry of Power (as of September 2019), the cumulative book […]
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