The Haryana government has approved the transfer of 31 hectares of land at Dharuhera to the National Capital Region Transport Corporation for the construction of a depot for the Delhi-Gurugram-Rewari-Alwar Regional Rapid Transit System (RRTS) […]
ADB has approved funds worth Rs 36.8 billion for the implementation of the Bengaluru metro rail project Phase 2A (KR Puram-Silk Board corridor) and Phase 2B (Bengaluru airport corridor) on December 8, 2020. Phase 2A […]
The Karnataka government laid the foundation stone for the 11.5 MW Bidadi waste-to-energy (WtE) project on December 2, 2020. The project involves the development of a 11.5 MW WtE plant with a capacity to process […]
The Maharashtra government granted approval for the implementation of the Manori desalination plant project on November 23, 2020. The project is being implemented by the Municipal Corporation of Greater Mumbai (MCGM) and involves the setting […]
The Standing Committee of the MCGM approved the Mithi river rejuvenation project on November 25, 2020. The project is being jointly executed by the Mumbai Metropolitan Region Development Authority (MMRDA) and MCGM in Maharashtra as […]
Over the past few years, the government has shifted its focus towards mobilising private capital to meet infrastructure financing needs, through disinvestment in public sector undertakings (PSUs). However, amid the economic slowdown and the Covid-19 […]
Reflex Marine’s STORM-WORK suspended work basket was successfully deployed in its 100th offshore project in October 2020. STORM-WORK was designed specifically for offshore industrial activities and was very well received by offshore operators across industries […]
It has been observed that 1 per cent of GDP spend on infrastructure can boost real GDP growth by 2 per cent. The government has announced a fiscal stimulus of 1.2 per cent of GDP […]
In the past two decades, a seismic change has taken place in the country’s project insurance industry. Deregulation, liberalisation, private project initiatives and new forms of project financing have increased the opportunity for project insurance. […]
Insurance coverage for infrastructure projects is limited. There are only a few specialised covers available to suit the special insurance needs of infrastructure projects. Further, most of the available products are standardised covers of the […]
As per reports, 40 per cent of the dedicated freight corridor (DFC) route km is expected to be completed by 2021. Most of the sections will be commissioned by March 2022 and the eastern and […]
DoT has constituted working groups that will explore the implementation of 5G across eight sectors including agriculture, fintech, transportation and education. The Telecommunication Engineering Centre (TEC) will lead the task of preparing the reports on […]
The cabinet has approved the proposal for provisioning submarine optic fibre cable (OFC) connectivity between Kochi and Lakshadweep Islands entailing a cost of Rs 10.72 billion. The project entails the provision of a direct communication […]
The union cabinet has approved the launch of the PM-Wi-Fi Access Network Interface (WANI) initiative to promote growth of public Wi-Fi networks in the country. Under the approved proposal floated by the Department of Telecommunications […]
Airtel has completed the first phase of its open hybrid cloud network deployment in collaboration with IBM and Red Hat’s portfolio of hybrid cloud and cognitive enterprise capabilities. According to Airtel, this deployment will enable […]
Khilari Infrastructure Private Limited has won a contract worth Rs 8.4 billion for the construction of sewage treatment plants (STPs) for the Buddha Nullah rejuvenation project. The bids for the project were invited by the […]
According to consultancy firm CAPA, the Indian aviation industry is expected to continue incurring large losses in 2021-22, while IndiGo airline will emerge significantly stronger than its competitors post the Covid-19 pandemic. While revenues remain under pressure, costs will also increase over the previous year. Brent Crude is assumed to be […]
December Issue 2020
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