MoRTH moots infra finance fund for highway builders

May 2021

The Ministry of Road Transport and Highways (MoRTH) has called upon major highway builders and private companies to look into floating an infrastructure finance fund or non-banking financial company to fund road projects. As per […]

NHAI InvIT to be launched by June 2021

May 2021

The maiden infrastructure Investment trust (InvIT) promoted by the National Highways Authority of India (NHAI), through which it aims to raise Rs 51 billion, is likely to be launched by June 2021. However, the NHAI […]

Sanctions passed for Kerala semi-HSR corridor project

May 2021

NITI Aayog and the MoR have sanctioned funds from multilateral and bilateral agencies for the implementation of the Kerala semi-HSR corridor project (Silver Line). The project is being implemented by Kerala Rail Development Corporation Limited. […]

IR inducts 100th WAG 12-B

May 2021

IR has inducted the 100th 12,000 horsepower WAG 12-B in its fleet. It is manufactured by Madhepura Electric Locomotive Private Limited. The locomotives are built under the Make in India initiative, and are playing a […]

IR begins operations of Oxygen Express

May 2021

IR has commenced the operation of Oxygen Express to meet the increased oxygen demand amid the surge in Covid-19 cases. The national transporter will transport liquid medical oxygen (LMO) and oxygen across key corridors. The […]

MoP issues draft National Electricity Policy 2021

May 2021

The Ministry of Power (MoP) has issued the draft National Electricity Policy, 2021. The new policy focuses on improving the health of electricity distribution companies, implementing cost-reflective tariff structures, and managing the rising share of […]

KPPL invokes force majeure amidst Covid-19

May 2021

  In view of the surge in Covid-19 cases, Karaikal Port Private Limited (KPPL) has invoked force majeure at its port in Karaikal, with effect from May 10, 2021. As per the notification issued by […]

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