To improve road safety, all new national highways being developed under NHAI will have an advanced traffic management system (ATMS). The ATMS will include immediate location identification of areas where traffic bottlenecks occur due to […]
The MoRTH has set a target of road construction worth Rs 15 trillion over the next two years. The ministry is confident that it will achieve the target of 40 km per day of highway […]
In the midst of the Covid-19 pandemic, NHAI has set an ambitious target to build new highways with a combined length of 4,600 km in the current fiscal year. In the previous fiscal, NHAI had […]
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 […]
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 […]
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 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 […]
Rail Vikas Nigam Limited has completed the substructure works for bridge number 8 in connection with the Rishikesh-Karanprayag rail line project. The Rishikesh-Karanprayag rail line project involves laying of a 125.09 km long new railway […]
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 […]
The Ministry of Railways (MoR) has inaugurated the Hansdiha-Godda new railway line project. The project involved laying of a new 32 km long railway line between Hansdiha and Godda in Jharkhand. It entailed an investment […]
IR is operating train services at up to 70 per cent of pre-Covid-19 levels. Further, it plans to operate 133 additional trains (88 summer specials and 45 festival specials) over the course of the next […]
Indian Railways (IR) has maintained a high momentum in terms of freight earnings and freight loading in the month of April 2021. IR’s freight loading for the month of April 2021 stood at 111.47 mt, […]
The Indian Energy Exchange (IEX) has commenced cross-border electricity trade (CBET) on its platform. It is a first-of-its-kind initiative, which will allow the power exchange to expand its power market beyond India to the South […]
The MoP has issued the draft Electricity (Rights of Consumers) (Amendment) Rules, 2021, which allow net metering for rooftop solar up to 500 kW or up to the sanctioned load, whichever is lower, and net […]
The MoP has issued the draft Bureau of Energy Efficiency (Manner and Intervals for Conduct of Energy Audit (Accounting) in Electricity Distribution Companies) Regulations, 2021. These regulations will be applicable to all electricity distribution companies […]
The MNRE has notified an extension in the scheduled commissioning date (SCoD) of renewable energy projects in view of disruption due to the second wave of Covid-19. As per the order, renewable energy projects being […]
The union cabinet has approved a PLI scheme for battery storage systems. Currently, India reportedly imports battery storage equipment worth Rs 200 billion. The approval of PLI will reduce the import dependence and also give […]
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 […]
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 […]
The Andhra Pradesh Government has approved the acquisition of 31.5 per cent equity stake of Warburg Pincus India Limited in Gangavaram Port Limited (GPL) by APSEZL. Further, it has approved the acquisition of its 10.4 […]
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