The National Highways Authority of India (NHAI) is expected to operationalise the country’s first government-sponsored infrastructure investment trust (InvIT) by March 2021. Reportedly, about six road assets worth Rs 50 billion have received in-principle approval […]
The MoRTH has extended the duration of a liquidity-related relaxation provided to road project contractors in response to Covid-19 till June 2021. It was observed that the measure provided good liquidity to contractors responsible for […]
The Ministry of Road Transport and Highways (MoRTH) has come up with a year-end review of the road sector. The length of national highways has increased from 91,287 km in April 2014 to about 136,155 […]
IR has formulated a draft National Rail Plan to augment its infrastructural capacity in a bid to increase its share in freight transportation from 27 per cent at present to 45 per cent by 2030. […]
IR has launched the Freight Business Development Portal as a one-stop solution for the transportation of goods. The portal offers best freight services to consumers and is expected to improve the ease of doing business. […]
Indian Railways (IR) registered freight loading of 118.13 mt in December 2020, 8.54 per cent higher than the freight loading in the corresponding period of the previous year (108.84 mt). Further, the revenue generated from […]
Indian Railways (IR) registered freight loading of 118.13 mt in December 2020, 8.54 per cent higher than the freight loading in the corresponding period of the previous year (108.84 mt). Further, the revenue generated from […]
The central government has inaugurated the 306 km Rewari-Madar section of the Western Dedicated Freight Corridor (WDFC). The newly inaugurated section is located in the Mahendragarh and Rewari (approximately 79 km) districts of Haryana, and in […]
The Ministry of Power (MoP) has notified the Electricity (Rights of Consumers) Rules, 2020, laying down standards of services to be provided by discoms to consumers. The rules also call for the payment of compensation […]
The government has inaugurated the 351 km New Bhaupur-New Khurja stretch of the Eastern Dedicated Freight Corridor (EDFC). Apart from this, it has inaugurated the EDFC’s operation control centre at Prayagraj, Uttar Pradesh. The EDFC is a 1,875 km […]
Rail Vikas Nigam Limited has commissioned the Marathwada Rail Coach Factory in Latur, Maharashtra, despite the nationwide lockdown. The factory has started production of the first coach shell. It has been designed with an initial […]
Tata Power has taken over the management and operation of Odisha’s power distribution utilities Western Electricity Supply Company of Odisha Limited (WESCO) and Southern Electricity Supply Company of Odisha Limited (SOUTHCO) upon completion of the […]
The central government has cleared eight hydropower projects aggregating 144 MW on the Indus river and its tributaries in Ladakh. These are the Durbuk Shyok (19 MW), Shankoo (18.5 MW), Nimu Chilling (24 MW), Rongdo […]
The Gujarat government has announced the state’s new solar power policy, which will be effective from 2021 to 2025. The policy offers multiple incentives to reduce the share of coal-based power and move towards green […]
The Power Finance Corporation has increased its market borrowing limit for 2020-21 to Rs 1,180 billion from the earlier limit of Rs 900 billion. The company now plans to raise a maximum of Rs 830 […]
Solar power tariffs have dropped to an all-time low of Rs 1.99 per unit in an auction of 500 MW of projects by Gujarat Urja Vikas Nigam Limited (GUVNL). NTPC Limited (200 MW), Torrent Power […]
The government has envisaged making India a $5 trillion economy within five years. It has also planned infrastructure investments of Rs 111 trillion during the five-year period 2020-25 under the National Infrastructure Pipeline (NIP). Such […]
The infrastructure sector plays a crucial role in the growth of the Indian economy. Currently, the Rs 15.4 trillion construction industry contributes to about 8 per cent of the country’s gross domestic product (GDP). At […]
The construction industry faces numerous challenges nationwide, and the Covid-19 pandemic has added to its woes. At the recent Infrabuild India event organised by Indian Infrastructure, leading industry players including Vinayak K. Deshpande, managing director, […]
The Ministerial Committee on Divestment has approved the proposal to invite bids for the strategic disinvestment of the Shipping Corporation of India. According to reports, the expression of interest and preliminary information memorandum have been […]
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