An MoU was signed between the Rail Land Development Authority and the Mussoorie Dehradun Development Authority for the Redevelopment of Dehradun Railway Station Project on December 5, 2019. The project involves redevelopment of the Dehradun […]
Indian Railways (IR) is planning to manufacture 640 coaches of the country’s first semi-high speed train – Train 18 or the Vande Bharat Express – in the next three years. The production programmes for 2019-20, […]
The Gujarat government has granted in-principle approval for implementation of the Ahmedabad-Rajkot semi-high speed rail corridor project. The project involves the construction of a 247 km semi-high speed rail corridor between Ahmedabad and Rajkot at […]
Commercial operations on the 13 km Davangere-Harihar section of the Chikjajur-Harihar-Hubbali line doubling project commenced on November 27, 2019. The project involves doubling of an existing 190 km railway line between Chikjajur and Hubballi via […]
BSES Rajdhani Power Limited has partnered with Power Ledger, a blockchain-based renewable energy trader, and launched trials for a P2P energy trading platform. The platform will allow residents with rooftop solar installations to sell excess […]
The Uttar Pradesh Electricity Regulatory Commission has approved a pilot project for peer-to-peer (P2P) transactions of power from rooftop solar systems using blockchain-based technology. Under this pilot project, the fees for the blockchain technology will […]
The country’s power demand declined by 4.3 per cent in November 2019 over that recorded in the same month last year, representing the fourth straight month of decline. The electricity demand reduced to 94.6 BUs […]
CIL has allowed inter-plant coal transfer to independent power producers (IPPs) to use contracted coal at any plant run by the same group. Accordingly, an IPP that owns two different plants and has two separate […]
The central government is reportedly mulling over passing an ordinance to tackle various issues in the power sector. The proposed ordinance will ensure sanctity of contracts, restrict cross-subsidisation, mandate discoms to pay their dues on […]
The central government has granted approval for construction of three railway projects in Arunachal Pradesh. These are the Bhalukpong-Tenga-Tawang (378 km), North Lakhimpur-Bame-Aalo-Silapathar (247.85 km) and Pasighat-Tezu-Parsuram Kund-Rupai (227 km) railway lines. The three railway […]
The Korea Western Power Company (KOWEPO), which owns a majority stake in Pioneer Gas Power Plant Limited and operates the 388 MW gas-based power plant in Maharashtra, has begun international arbitration proceedings against India in […]
The MoP has issued an order advising state/joint electricity regulatory commissions on the reduction in the cost of power due to prepayment in the entire power value chain. As per the MoP, in case of […]
For a number of years now, banks have had limited headroom to extend fresh credit to the infrastructure sector, and this has pointed towards the need for a well-developed bond market. A common source of […]
JK Tyre and Industries Limited launched its new V-Compact R3 tyre at the International Construction Equipment and Construction Technology Trade Fair – CII EXCON 2019. The 23.1-26 V-Compact R3 is designed especially for soil compactor […]
Indraprastha Gas Limited (IGL), one of the key and biggest city gas distribution (CGD) network operators, has expanded tremendously in terms of its customer base and asset development since it took over Delhi’s gas distribution […]
For the past couple of years, foreign investors have perceived India as a rapidly growing market replete with opportunities. From a wait-and-watch mode to making controlled investments, private equity (PE) investors are upping the ante […]
In recent times, it has become imperative for city-level governments to incorporate e-governance to strengthen democracy, increase public participation and thereby increase public welfare. The extensive use of digital solutions not only creates a progressive […]
The Gujarat International Finance Tec-City (GIFT City) has been included in the Smart City Mission Statement and Guidelines as a model city in the greenfield category. GIFT City has deployed several advanced technologies across different […]
Mahindra Truck and Bus (MTB), a part of the USD 20.7 billion Mahindra Group, displayed its range of outperforming tippers, at the 10th edition of the International Construction Equipment and Construction Technology Trade Fair – […]
Non-banking financial companies (NBFCs), which play a prominent role in India’s infrastructure financing, are passing through a difficult phase. The Infrastructure Leasing & Financial Services (IL&FS) crisis in 2018 and the subsequent defaults by a […]
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