NHAI is in advanced talks with foreign and domestic investors to raise Rs 50-60 billion through its first private infrastructure investment trust (InvIT). This will be the first asset monetisation by a state-owned enterprise through […]
With the aim of fast tracking disbursement of compensation for land acquisition to property owners, NHAI will shift to a new system where the amount will be transferred directly to the beneficiaries’ accounts through the […]
The NHAI has spent Rs 1.33 trillion on land acquisition in the past four years, which is nearly 43 per cent of its total loan amount. An additional Rs 350 billion will be spent during […]
On October 7, 2021, NHAI announced its target of awarding 6,000 km of Bharatmala Pariyojana projects in financial year 22. The projects, worth Rs 2.5 trillion, are expected to receive a lot of private investment […]
The Ministry of Road Transport and Highways (MoRTH) has planned a new six-year state support programme worth Rs 72.7 billion to reduce the fatality rate by 30 per cent by March 2027. MoRTH will lend […]
The Cabinet Committee on Economic Affairs on October 21, 2021 approved the PM Gati Shakti National Master Plan (NMP), including the institutional framework for roll-outs, implementation, monitoring and the support mechanism. The NMP was inaugurated […]
In a bid to rightsize the railways, the Railways Board has ordered the closing of Indian Railway Station Development Corporation Limited (IRSDC). IRSDC was set up for the redevelopment of railway stations across the country. […]
In a notable development, IR’s passenger segment revenue generated in the second quarter of the current fiscal (July 2021 to September 2021) stood at Rs 105.13 billion, 113 per cent higher than the earnings (from […]
IR has introduced more than 800 new trains in the last five years after the Railway Budget was merged with the Union Budget in 2016. It was then that the national transporter ended the practice […]
Indian Railways (IR) freight figures continued to maintain high momentum in terms of earnings and loading during September 2021 despite the Covid-19 pandemic. IR freight loading for the month exceeded the freight loading and […]
NTPC Limited has won 1.9 GW of solar power projects under the Central Public Sector Undertaking (CPSU) Scheme Phase-II. It won the projects in the third tranche of the 5 GW tender. This is in […]
The MoP has approved the amendments to the existing renewable energy certificate (REC) mechanism. The key changes include the removal of floor and forbearance price limits, and determination of REC prices by market conditions. The […]
The central government plans to offer 44 new transmission projects worth about Rs 414 billion under the Green Energy Corridors (GEC) programme. These projects will evacuate about 38 GW of renewable energy from the western […]
The MoP has issued guidelines for operationalising optimum utilisation of generating stations as per the requirement in the electricity grid. An order from the ministry states that some power plants are not generating to their […]
The MoP has issued detailed guidelines for budgetary support with respect to flood moderation and enabling infrastructure (roads and bridges) for hydropower projects, with the aim to reduce the tariff levels of these projects. […]
The MoP has issued an order to dissolve the five regional power committees (transmission planning) (RPC-TP) to ease the process of expansion of the inter-state transmission system (ISTS). Under the previous system, two simultaneous consultations […]
The Ministry of Power (MoP) has notified the Electricity (Transmission System Planning, Development and Recovery of Inter-State Transmission Charges) Rules, 2021. The new rules introduce a system of transmission access called the general network access […]
As of August 31, 2021, the Indian shipping industry had a fleet of 1,488 vessels weighing in at 12.97 million gross tonnage (GT) and 19.45 million deadweight tonnage (DWT). Of the total vessels, 1,021 were […]
APM Terminals Pipavav has flagged off the first container train to the Jodhpur inland container depot on an electrified route. It is being operated by Pipavav Rail Corporation Limited (PRCL), a subsidiary of Gujarat Pipavav […]
Adani Ports and Special Economic Zone Limited (APSEZL) has signed a deal with the Sri Lanka Ports Authority to develop and run Colombo Port’s west container terminal 1. Being the first-ever Indian port operator in […]
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