MoRTH has sanctioned funds for various road projects in different states. The Mulakalacheruvu-Madanapalle two/four-laning road project involves rehabilitation and upgradation from two lanes to two/four lanes with a paved shoulder of the Mulakalacheruvu to Madanapalle […]
The National Highways Authority of India (NHAI) is planning to raise Rs 30 billion through another infrastructure investment trust (InvIT), which is likely to come up for subscription in January 2022. This InvIT is likely […]
Dilip Buildcon Limited (DBL) has announced that it has obtained a letter of award for an order for Rs 26.83 billion from South Eastern Coalfield Limited (SECL), a subsidiary of Coal India Limited. The order […]
The Government of Odisha inaugurated the Gopinathpur Bridge Project in Odisha on December 20, 2021. The project involved the construction of a 3.4 km long T-shaped bridge over Mahanadi river at Gopinathpur in Cuttack district […]
The government intends to simplify taxation in the roads and highways sector by allowing developers to pay taxes over the course of a project’s concession period rather than all at once. In the case of […]
In a major development, the North Eastern Railway (NER) zone of IR has electrified more than 75 per cent of its routes. The milestone has been achieved despite the disruptions caused by the ongoing pandemic. […]
The Kerala government has announced a compensation package worth Rs 132.65 billion to acquire land for the Kerala semi-HSR corridor project (Silver Line). The project, known as Silver Line, involves construction of 529.45 km third […]
The MoR has started three new trains in Lucknow and opened a new coaching complex at Gomti Nagar station. Meanwhile, in Uttar Pradesh, railway projects worth Rs 97 billion are under construction. Gomti Nagar station, in […]
IR has decided to implement the redevelopment of the Chhatrapati Shivaji Maharaj Terminus (CSMT) project on the hybrid annuity model (HAM). The same has been approved by NITI Aayog and is awaiting approval from the […]
About 98 per cent of land has been acquired for the Mumbai-Ahmedabad high speed rail (HSR) corridor project in Gujarat. The project involves the development of a 508 km long Mumbai-Ahmedabad HSR corridor in Maharashtra […]
Indian Railways (IR) has earned nearly Rs 4.03 billion from tatkal ticket charges, an additional Rs 1.19 billion from premium tatkal tickets and Rs 5.11 billion from dynamic fares during the year even as operations […]
Nepal Power Exchange Limited (NPEL) has signed a trading agreement with India’s Manikaran Power Limited. Under the agreement, NPEL will sell electricity produced by the domestic private sector to India via Manikaran Power Limited. In […]
The central government has ordered 79 coal-based power plant units aggregating 20,500 MW of capacity across 10 states, including Andhra Pradesh, Tamil Nadu, Gujarat and Uttar Pradesh, to install emission control equipment by the end […]
The Ministry of Environment, Forest and Climate Change has issued a notification on ash utilisation from coal or lignite thermal power plants (TPPs) to ensure 100 per cent utilisation of ash generated by it during […]
The central public sector enterprises (CPSEs) under the MoP incurred a capex of Rs 403.95 billion during April-December 2021, which is 47 per cent higher than the capex incurred during April-December 2020. The CPSEs have […]
The Ministry of Power (MoP) has issued the draft Electricity Late Payment Surcharge and Related Matters Rules, 2021. The provisions under these rules include LPS, adjustment towards LPS, liquidation arrears, operationalising the payment security mechanism […]
The central government has approved the Green Energy Corridor (GEC) Phase II for the intra-state transmission system for the addition of around 10,750 ckt. km of transmission lines and 27,500 MVA of transformation capacity at […]
The union minister of power and new and renewable energy has dedicated automatic generation control (AGC) to the nation. The AGC is being operated by Power System Operation Corporation Limited (POSOCO) through the National Load […]
The Ministry of Shipping of Bangladesh has asked the Indian authorities to conduct more transshipment trials before agreeing on the transshipment of Indian goods through Chittagong port. According to reports, the Bay terminal of Chittagong […]
The Central Board of Indirect Taxes and Customs has announced that the effective date of the Sea Cargo Manifest and Transshipment Regulations (8th Amendment) 2021 has been further extended. The effective date has been extended […]
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