July 2020 - Indian Infrastructure

Views of Parag Chheda: “The COVID-led lockdown has had a major impact on the economy at large but our strategy of “winning in many Indias” continues to be effective. Our distribution network spread across urban, Tier 2,and Tier 3 cities, as well as rural India has been a major reason for success even during COVID times."

July 2020

In an interview with Indian Infrastructure Parag Chheda, Executive Director, Prince Pipes and Fittings Limited talks about the company’s product portfolio, new products and offerings, impact of Covid-19 on business operations, and strategies to deal […]

Construction work on Vijaypur-Maksi railway electrification project completed

July 2020

Cconstruction work on the Vijaypur-Maksi railway electrification project has been completed. The project involved electrification of the 188 km Vijaypur-Maksi railway line in Bhopal, Madhya Pradesh, at an investment of Rs 1.95 billion. It was […]

RITES Limited signs agreement for acquisition of equity stake in IRSDC

July 2020

RITES Limited has signed an agreement for acquisition of a 24 per cent equity stake in Indian Railway Stations Development Corporation [IRSDC] Limited for Rs 480 million. IRSDC, the nodal agency for implementation of the […]

Work completed on Kachhwa Road-Madhosinghstation section of Varanasi-Madhosingh-Allahabad rail line doubling project

July 2020

Construction work has been completed on the 16 km Kachhwa Road-Madhosingh station section of the Varanasi-Madhosingh-Allahabad rail line doubling project. Besides, work on the Manduwadih-Kachhwa Road section has also been completed. The project involves doubling […]

Kerala government approves the DPR for semi-high speed rail corridor project

July 2020

The Kerala government granted approval to the detailed project report (DPR) of the Kerala semi-high speed rail corridor project (Silver Line) on June 10, 2020. The project, which will be implemented by Kerala Rail Development […]

IR partially resumes passenger services with operation of 200 special trains

July 2020

IR has partially resumed passenger train services after a gap of over two months on account of the countrywide lockdown due to the COVID-19 pandemic. Around 200 special trains commenced operations on June 1, 2020. […]

Tata Power takes over CESU’s operations

July 2020

Tata Power has taken over the management of the Central Electricity Supply Utility of Odisha (CESU). The Odisha Electricity Regulatory Commission (OERC) has issued an order vesting CESU with Tata Power with effect from June […]

NTPC and Powergrid offer rebate on fixed charges to discoms

July 2020

NTPC Limited has decided to give a discount of Rs 13.63 billion to discoms on fixed or capacity charges during the lockdown period. The company’s board has also approved deferring the collection of Rs 20.64 […]

Central government directs o reduction of coal imports

July 2020

The central government has decided to bring the level of coal imports for blending purposes to zero in 2020-21. The government has reportedly asked Coal India Limited to enter into pacts with power generation companies […]

Power minister launches RTM

July 2020

The power minister launched the pan-India real-time market (RTM) on June 3, 2020, placing the Indian electricity market in the league of a few electricity markets in the world that have RTM. RTM will provide […]

PFC and REC to provide loans under liquidity infusion scheme

July 2020

The Power Finance Corporation (PFC) and REC Limited have decided to offer loans at concessional rates to state distribution utilities under the Rs 900 billion liquidity infusion package to mitigate the impact of COVID-19 on […]

FM unveils power sector reforms as part ofAtmanirbhar Bharat Abhiyan

July 2020

The finance minister has unveiled significant power sector reforms as part of the Atmanirbhar Bharat Abhiyan to mitigate the impact of COVID-19 on the economy. The government has announced tariff policy reforms to encourage consumer […]

India and Bangladesh governments sign second addendum to PIWTT

July 2020

The governments of India and Bangladesh signed the second addendum to the Protocol on Inland Water Transit and Trade on May 20, 2020. During the earlier discussions in October 2018 and December 2019, key decisions […]

Indian shipping industry had a fleet of 1,432 vessels as of April 30, 2020

July 2020

As of April 30, 2020, the Indian shipping industry had a fleet of 1,432 vessels of 12.7 million GT and 19.2 million deadweight tonnage (DWT). Of the total vessels, 975 were coastal vessels with a […]

27×7 clearances at all seaports till June 30, 2020

July 2020

The Central Board of Indirect Taxes and Customs (CBIC) has extended the 27×7 customs clearance facility at all seaports till June 30, 2020. The development comes in light of the CBIC’s efforts to facilitate faster […]

CONCOR shuts 15 under-performing terminals

July 2020

Container Corporation of India Limited (CONCOR) has shut 15 underperforming inland cargo terminals and has handed over the land on which they were operating to Indian Railways (IR). One of the terminals that has been […]

VOC reduces pilotage and berth hire charges

July 2020

V.O. Chidambaranar port has reduced pilotage and berth hire charges by 10 per cent for vessels of up to 20,000 gross tonnage (GT). The new rates are effective retrospectively from January 1, 2020.

DPT revises procedure for levy of penal berth hire charges

July 2020

The Deendayal Port Trust (DPT) has revised the procedure for the levy of penal berth hire charges. For cargo handled on mechanised bulk berths, penal berth hire charges will be levied on shipping/vessel agents for […]

JNCH withdraws late fee waiver facility for delayed BoE filing

July 2020

The JNCH has issued a circular stating the withdrawal of public notice nos. 24/2020 and 33/2020 regarding the facility for waiver of late fees for delayed filing of the bill of entry (BoE) via public […]

JNCH issues circular for provisional assessment of consignments originating from China

July 2020

The Jawaharlal Nehru Custom House (JNCH) has issued a circular for the provisional assessment of consignments originating from China under the claim of duty exemption on the basis of country of origin certificate issued under […]