Wi-Fi facility has been provided at 6,108 stations as of March 29, 2023. The provision of Wi-Fi at stations depends on the availability of infrastructure such as optic fibre cable. Meanwhile, as a part of […]
JSW Energy Limited is looking to refinance Rs 60 billion of renewable energy loans that it assumed when it acquired assets from Mytrah Energy (India) Private Limited for an enterprise value of Rs 119.34 billion […]
SJVN Limited has secured Rs 9.15 billion green finance from Japan Bank for International Cooperation (JBIC) to fund its 90 MW Omkareshwar floating solar power project in Madhya Pradesh and the 100 MW Raghanesda solar […]
The Maharashtra government has allocated funds for various projects under the state budget 2023-24. Funds worth Rs 7.34 billion will be provided for the land acquisition process of the Aurangabad airport expansion project and Rs […]
REC Power Development and Consultancy Limited (RECPDCL) has handed over the project specific special purpose vehicle, formed for construction of transmission project viz., KPS1 Transmission Limited to Megha Engineering & Infrastructures Limited (MEIL). The selection […]
Shalin Sheth founded Advait Infratech in 2009 with the aim of meeting India’s infratech needs by providing robust products and solutions for telecom infrastructure, power transmission and substations. As founder and managing director, he is […]
The HÜBNER Group has invested about Euro 11 million and is expanding production capacities for mobility markets in Asia-Pacific. HUBNER India produces (among other things) over 500 gangway systems for Indian Railways (Train 18) and […]
Policy The Reserve Bank of India (RBI) has held its key repo rate steady after six consecutive hikes, citing it was closely monitoring the impact of recent global financial turbulence. It may contemplate additional rate […]
According to the estimates of the Central Pollution Control Board, sewage/wastewater generation in India has grown at a CAGR of 3 per cent from 62,000 million litres per day (mld) in 2015-16 to 72,368 mld […]
In India, between the late 1990s and early 2000s, the engineering, procurement and construction (EPC)-led model ceded way for the build, operate, transfer (BOT) annuity model, with the BOT-toll model following suit. This spawned a […]
The World Bank has approved a $363 million loan to Karnataka to provide clean drinking water supply to two million rural households in the state through piped water connections. The Karnataka Sustainable Rural Water Supply […]
The Mumbai Metropolitan Region Development Authority (MMRDA) has allocated funds for various road projects in Maharashtra under the state budget 2023-24. These include the Versova-Virar Sea Link Project (Rs 200 million), Orange Gate-Marine Drive Underground […]
The Ministry of Railways (MoR) has sanctioned funds worth Rs 3 billion for redevelopment of the Thrissur railway station project. The project involves integrated redevelopment of the Thrissur railway station in Kerala. It is expected […]
RBI has established a framework for financial institutions to provide customers with green deposits. The framework intends to promote the development of the country’s green finance ecosystem, and applies to all regulated institutions, including scheduled […]
The Reserve Bank of India (RBI) has held its key repo rate steady after six consecutive hikes, citing it was closely monitoring the impact of recent global financial turbulence. It may contemplate additional rate increases […]
Larsen & Toubro Limited (L&T) won the contract for Package CP20.1-PS-06 under Corridor III and V of Chennai Metro Rail Project Phase-II on April 25, 2023. Bids for the same were invited by Chennai Metro […]
The tunneling work between Jama Masjid-Agra Fort Station under Package AGCC-02 of Agra Metro Rail Project-Phase I has been completed. Besides, the 3 km tunnel between Jama Masjid and Taj Mahal is likely to be […]
Reportedly, Indian Railways plans to begin production of Vande Bharat trains at the Marathwada Railway coach factory in Latur from August 2023. The tendering process for coach manufacturing is in the final stages and the […]
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