The Delhi government transferred funds worth Rs 4.15 billion to the National Capital Region Transport Corporation for the Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) Project on November 24, 2023. The project involves the development of […]
Bhubaneswar Metro Rail Corporation [BMRC] Limited signed an MoU with the Delhi Metro Rail Corporation for the implementation of the Trishulia-Bhubaneswar Airport Metro Rail Project on November 20, 2023. Phase I of the project involves […]
Commercial operations for the Navi Mumbai Metro Rail Project (Corridor I, Phase I) commenced on November 17, 2023. Phase I of the project involves the development of an 11.1 km long metro rail network spanning […]
Key Statistics Performance indicators for Chennai Port
Over the years, India’s city gas distribution (CGD) industry has grown and matured in terms of both regulatory framework and infrastructure. There have so far been 11 CGD bidding rounds to expand the natural gas […]
Key Statistics NHIDCL project update
Indian roads have been witnessing significant expansion over the years, and the national highways (NHs), in particular, have been beneficiaries of this. In 2022-23, the NH network grew by almost 60 per cent to 145,000 […]
Over the years, India’s city gas distribution (CGD) industry has grown and matured in terms of both regulatory framework and infrastructure. There have so far been 11 CGD bidding rounds to expand the natural gas […]
The Government of Bihar (GoB) has granted its approval for 8.4 acres of additional land for the proposed terminal building for the Bihta International Airport project. Land acquisition is likely to be completed by May […]
The Ministry of Defence (MoD) has granted a No Objection for grant of site clearance for the development of the Parandur greenfield airport project. The same has been forwarded to Tamil Nadu Industrial Development Corporation […]
The integrated terminal building at the Surat International Airport was inaugurated on December 17, 2023. The airport also received approval to be declared as an international airport. The airport aims to facilitate the seamless export […]
In a recent development, the Union Government has laid the foundation stone for the Mirzapur petroleum storage terminal. Indian Oil Corporation Limited is undertaking setting up a grassroot petroleum storage terminal at Hinauti in Mirzapur in […]
Mangalore Refinery and Petrochemicals Limited (MRPL) is planning to set up a sustainable aviation fuel (SAF) plant entailing an investment of Rs 4.5 billion. Currently, MRPL is seeking necessary approvals from its board for the […]
In a notable development, Bharat Petroleum Corporation Limited’s (BPCL) board has approved the proposal for setting up the polypropylene (PP) plant at Kochi refinery entailing an investment of Rs 50.44 billion. The plant is likely […]
In a recent development, DB Schenker India signed an agreement with Container Corporation of India (CONCOR) for a strategic collaboration in export-import and domestic businesses in the logistics and supply chain space. The CONCOR has […]
As per reports, the domestic shipping companies are likely to witness a further 5-7 per cent decline in revenue in FY 2025, amid the normalisation of the rates. This follows a steep 23-25 per cent […]
During the April-November period of FY 2024, the Indian major ports handled 534.86 million tonnes (mt) of cargo traffic, compared to 506.67 mt in the corresponding period of FY 2023, registering an increase of 5.6 […]
IR has spent a total of Rs 1,053.78 billion on Rashtriya Rail Sanraksha Kosh (RRSK) during 2017-18 to 2022-23. Of the total expenditure, Rs 650 billion has been funded from the gross budgetary support and […]
During April-November 2023, around 2,002 km of broad gauge (BG) network has been electrified by the Indian Railways (IR). With this, the total BG network electrified thus far stands at 60,814 km. Zone-wise, electrification of […]
The government has inaugurated three rail projects in Varanasi, Uttar Pradesh. These are: The New Pandit Deendayal Upadhyay Nagar-New Bhaupur rail section of the Dedicated Freight Corridor Project (Western Corridor) developed at a cost of […]
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