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Home2022February

Month: February 2022

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Roads and Bridges

G R Infraprojects gets completion certificate for road project

February 24, 2022

G.R. Infraprojects has completed the construction of a four-lane NH-56 bypass in Uttar Pradesh. The company managed to complete the proje­c­ts almost two months earlier than the scheduled completion date of March 2022. The scope […]

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Roads and Bridges

EAC recommends grant of ToR for Ganga expressway project

February 24, 2022

The expert appraisal committee (EAC) of the Ministry of Environment, Forest and Climate Change has recommended grant of terms of reference (ToR) for the Ganga four-lane expressway project (Phase I). The project involves the construction […]

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Roads and Bridges

H.G. Infra bags highway project in Karnataka from NHAI

February 24, 2022

H.G. Infra Engineering has been selected as the L-1 bidder for the National Highways Authority of India’s (NHAI) road project in Karnataka. The project involves six-laning of the Neelmangala-Tumkur stretch, including the Tumkur bypass section […]

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Roads and Bridges

National Highways network to be expanded by 25,000 km in 2022-23

February 24, 2022

The Union Budget 2022 indicated that as part of the Pradhan Mantri Gati Shakti master plan, the Government of India will expand the national highway network by 25,000 km in 2022-23, with a budget allocation […]

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Railways

Niti Aayog to enable setting up of EV charging infrastructure at railway stations

February 24, 2022

In a bid to promote the use of EVs, NITI Aayog has prepared a draft policy for IR to set up EV charging infrastructure at railway stations across the country. The policy is still under […]

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Railways

SWR registers increase in originating revenue

February 24, 2022

In another development, the South Western Railway (SWR) zone has registered originating revenue of Rs 43.85 billion till December 2021, 65 per cent higher than the revenue generated in the corresponding period of the previous […]

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Railways

Madurai railway division registers significant growth in revenue

February 24, 2022

Reportedly, the Madurai railway division registered a revenue of Rs 5.1 billion in the April-December 2021 period, Rs 2.5 billion more than the revenue generated in the corresponding period of the previous year. The revenue […]

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Railways

IR achieves 100 per cent electrification in three zones

February 24, 2022

In a notable development, IR has achieved 100 per cent electrification on three of its zones – the Kolkata Metro, West Central Railway and East Coast Railway. The national transporter is working to become the […]

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Railways

IR plans to restore passenger traffic to pre-pandemic levels

February 24, 2022

Indian Railways (IR) is planning to restore passenger traffic to pre-pandemic levels, although with lower revenue expectations. According to bud­get estimates for 2022-23, the national transporter is expecting to commute 8.6 billion passengers in a […]

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Power

MoP releases revised consolidated guidelines and standards for EV charging infrastructure

February 24, 2022

The MoP has released revised consolidated guidelines and standards for charging infrastructure for EVs. The guidelines are exhaustive and include provisions for individual EV owners as well as public charging stations (PCSs). Any individual entity […]

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Power

CERC releases draft guidelines for registration and filing application for establishing and operating OTC platform

February 24, 2022

The CERC has notified draft guidelines for registration and filing of application for establishing and operating an over-the-counter (OTC) platform as per the Power Market Regulations, 2021. The guidelines seek to describe the eligibility criteria, […]

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Power

CERC notifies Ancillary Services Regulations, 2022

February 24, 2022

The Central Electricity Regulatory Commission (CERC) has notified the CERC (Ancillary Services) Regulations, 2022, which aim to provide mechanisms for procurement, through administered as well as market-based mechanisms, deployment and payment of ancillary services at […]

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Power

Economic Survey highlights the growth of the renewable energy sector

February 24, 2022

The Economic Survey has highlighted that renewable energy (excluding large hydro) constitutes over 24.71 per cent of the country’s installed power capacity and around 10.7 per cent of the electrical energy generation during 2020-21. As […]

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Power

Union Budget 2022-23 focuses on enabling energy transition and promoting clean energy growth

February 24, 2022

In the Union Budget 2022-23, the Ministry of Power (MoP) has received a net budgetary allocation of Rs 160.74 billion and the Minis­try of New and Renewable Energy has been allocated Rs 69.01 billion. A […]

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Ports & Shipping

JNPT handled 5.63 TEUs in CY 2021, registering a growth of 25.86 per cent

February 24, 2022

In a notable development, the Jawaharlal Nehru Port Trust (JNPT) continued its steady surge in cargo handling in calendar year 2021, with a total container traffic of 5.63 million twentyfoot equivalent units (TEUs) as compared […]

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Ports & Shipping

Major ports registered growth of 12 per cent during April-November 2021

February 24, 2022

During April-November 2021, major ports in the country handled 465.4 mt of traffic, compared to 409.5 mt in the corresponding period of 2020-21, registering a growth of 12 per cent. Port-wise, De­en­dayal port handled the […]

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Ports & Shipping

MoPSW allocated Rs 17.09 billion in the Union Budget 2022-23

February 24, 2022

In the Union Budget 2022-23, the Ministry of Ports, Shipping and Water­ways (MoPSW) (erstwhile Ministry of Shipping) has received an allocation of Rs 17.09 billion (budget estimate). The allocation is lower than the budget estimate […]

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Ports & Shipping

Andhra Pradesh government planning to develop ports and waterways

February 24, 2022

In Andhra Pradesh, the development of three ports, Bhavanapadu, Mac­hili­­patnam and Ramayapatnam, and nine fishing harbours will be undertaken, entailing an investment of Rs 180 billion. The state government plans to develop ports and waterways, […]

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Ports & Shipping

Government planning to lower logistics cost

February 24, 2022

The government, in its budget, is expected to focus on infrastructure investments that will lower the total cost of logistics for the end consumer. The entire western dedicated freight corridor is expected to be completed […]

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Oil and Gas

L&T secures large offshore contract from ONGC for pipeline project

February 24, 2022

L&T Hydrocarbon Engineering Limited, a wholly owned arm of Larsen & Toubro (L&T), has secured a large offshore contract from ONGC for the seventh development phase of its pipeline replacement projects. The contract has been […]

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