The National Investment and Infrastructure Fund (NIIF) received a letter of award worth Rs 31,440 million for the implementation of Bundle 9 of a toll-operate-transfer project in Uttar Pradesh on January 24, 2023. The project […]
Dilip Buildcon Limited received the provisional completion certificate for completion of Package VI of the Bundelkhand six-lane expressway project (NH-35/76, NH-91) on January 13, 2023. Package-VI involves the construction of the 35.28 km long Bakhariya-Kudrail […]
The joint venture (JV) of Transrail Lighting Limited and OJSC Euro-Asian Construction Corporation (Evrascon) has emerged as the lowest bidder (L1) for EPC works for the Singhpora-Vailoo tunnel project (NH-244). The company has quoted an […]
The central government laid the foundation stone for the Badadal-Maradgi S Andola six-lane greenfield highway, part of Package II of the Akkalkot to Karnataka-Telangana border project under the Solapur-Kurnool-Chennai Economic Corridor (NH-150C), on January 19, […]
About 90 per cent of the construction work has been completed on the Mumbai Trans Harbour Link project. It is expected to be opened for public use by November 2023. The project involves the construction […]
MoRTH has granted approval for the implementation of the Khajuwala-Poogal-Bap two/four-lane road project. The project involves the construction of a two/four lane-road in the Khajuwala-Poogal-Bap section of Rajasthan under the Bharatmala Pariyojana. It aims to […]
On January 23, 2023, MoRTH announced the construction of the Bamitha-Satna four-lane greenfield project. The project involves the construction of a 105 km-long four-lane greenfield highway connecting Bamitha to Satna, at an estimated cost of […]
The Ministry of Road Transport and Highways’ (MoRTH) budget outlay rose by 24.4 per cent to Rs 2.7 trillion (budget estimate) in 2023-24 from Rs 2.17 trillion in 2022-23. The allocation nearly tripled between 2020-21 […]
The total approximate earnings in IR’s passenger segment on originating basis during April 2022-January 2023 was Rs. 547.33 billion, an increase of 73 per cent from the Rs 316.34 billion earned during the same period […]
IR’s freight loading in the April 2022-January 2023 period crossed the loading and earnings for the corresponding period in 2021-22. On a cumulative basis, in April 2022-January 2023, freight loading stood at 1,243.46 mt, 7 […]
According to the Economic Survey 2022-23, the passenger traffic originating in IR was 8.09 billion during the pre-Covid period (2019-20), but had declined to 1.25 billion in 2020-21. It subsequently recovered to 3.52 billion in […]
In the Rail Budget 2023-24, Uttar Pradesh has reportedly received allocations worth Rs 175.07 billion, Madhya Pradesh Rs 136.07 billion, Rajasthan Rs 95.32 billion, Uttarakhand Rs 54. billion, Punjab Rs 47.62 billion, Delhi Rs 24.77 […]
In the Union Budget 2023-24, the Ministry of Railway (MoR) has received an allocation of Rs 2,412.67 billion. The allocation is 48.64 per cent higher than the revised estimate of Rs 1,623.12 billion for 2022-23, […]
The Central Electricity Regulatory Commission (CERC) has issued the draft CERC (Connectivity and General Network Access to the ISTS) (First Amendment) Regulations, 2023. As per the amendment, an applicant – whether a renewable energy generating […]
The MoP has issued a draft proposal on the day-ahead operation of security constrained economic despatch (SCED). As per the draft, generating stations will submit their declared capability along with ramp rates and minimum turndown […]
The MoP has issued Electricity (Promoting Renewable Energy through Green Energy Open Access) Amendment Rules, 2023. As per the amendment, among other things, any consumer may elect to purchase green energy to meet either a […]
The Central Electricity Authority (CEA) has notified the CEA (Flexible Operation of Coal-based Thermal Power Generating Units) Regulations, 2023. As per the notification, coal-based thermal power generating should have the capability for flexible operations, with […]
As per the government’s Economic Survey 2022-23, the total installed power capacity in the country stood at 482.2 GW as of March 31, 2022. The share of renewables is growing at a fast pace. As […]
In the Union Budget 2023-24, the Ministry of Power (MoP) has received a net budgetary allocation of Rs 206.71 billion while the Ministry of New and Renewable Energy has been allocated Rs 102.22 billion. The […]
The Haldia multimodal terminal in West Bengal was inaugurated on January 13, 2022. The terminal has been developed under the Jal Marg Vikas project. Four floating community jetties at Saidpur, Chochakpur and Zamania in Ghazipur […]
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