In a key development, five New Vande Bharat trains have been inaugurated on June 27, 2023. These trains will operate on Rani Kamlapati-Jabalpur and Rani Kamlapati-Indore route in Madhya Pradesh, KSR Bengaluru and Dharwad route […]
Indian Railways (IR) is set to start production at its largest solar plant in Bhilai, Chhattisgarh. After its 1.7 MW unit, which was commissioned in February 2022 at Bina under West Central Railway (WCR), the […]
The construction work on Ghaziabad/Hapur-Unnao/Kanpur Four Lane Greenfield Expressway Project is likely to be completed by 2025. Currently, the detailed project report (DPR) is being prepared. The project involves construction of four lane 380 km […]
Cube Highways Trust (Cube InvIT) has successfully secured Rs 10.30 billion in funding from the International Finance Corporation (IFC). The funding was raised through long-term listed NCDs. The funds raised through this transaction will be […]
The Ministry of New and Renewable Energy (MNRE) has issued a document describing incentive programmes for the domestic production of electrolysers and green hydrogen, with a total financial investment of 174.9 billion. The framework paper […]
The Government of Andhra Pradesh announced the launch of its “Green Hydrogen and Green Ammonia Policy 2023”. The policy aims to achieve a five-year production capacity of 0.5 million tonnes per year (MTPA) of green […]
The Ministry of Power (MoP) announced that it has decided to benchmark the prices of biomass pellets used for co-firing in thermal power plants (TPPs). The decision comes in view of evolving market conditions for […]
The Ministry of Environment, Forest and Climate Change (MoEFCC) has issued the Green Credit Programme Implementation Rules, 2023. The main objectives of the Green Credit Programme are to create a market-based mechanism for providing incentives […]
The MoP has issued guidelines for resource adequacy planning framework for India, in consultation with Central Electricity Authority (CEA). The guidelines will ensure that sufficient electricity is made available by putting in place a framework […]
Cisco has announced its intent to acquire London-based broadband network monitoring firm SamKnows to strengthen its network assurance portfolio. The acquisition will expand Cisco ThousandEyes’ industry-leading view of global internet health. ThousandEyes has hundreds of […]
Afcons Infrastructure, construction arm of the SP group, intends to raise up to Rs 80 billion via an IPO. The proceeds from the sale of shares will be used by the group to repay promoter-level […]
Kotak Strategic Situations India Fund II (KSSF II) and Kotak Private Credit Fund (KPCF), managed by Kotak Investment Advisors Limited (KIAL), has announced its investment of Rs 7.32 billion in the non-convertible debentures (NCDs) of […]
Reliance Jio is in talks to raise a loan of around $1.6 billion to fund the purchase of equipment from Nokia. Banks involved in the discussions with the telco include Citigroup Inc., HSBC Holdings Plc. […]
The Securities and Exchange Board of India (SEBI) has approved a proposal to reduce the time period for listing shares for initial public offerings (IPOs) from the date of issue closure (T Day) to three […]
Bharat Heavy Electricals (BHEL) has awarded Hyderabad-based Jayram Industries India Private Limited (JIIPL) a 19-month contract to operate and maintain (O&M) a 65 MW solar power project in Neyveli, Tamil Nadu. BHEL issued a tender […]
The CEA has issued operation and maintenance (O&M) guidelines and standard format for memorandum of understating (MoU) between new and existing transmission service provider (TSP). As per these guidelines, for all upcoming and under bidding […]
Commissioner of Metro Rail Safety (CMRS) has granted permission for the commencement of commercial operations for Navi Mumbai Metro Rail Project (Corridor I- Phase I). The project involves development of the metro rail network in […]
The Government of Telangana (GoT) has announced the extension of Hyderabad Metro Rail Project from Shamshabad Airport to Kandukur in Maheshwaram. The project will be implemented intwo phases; Hitech City to Shamshabad Airport and Shamshabad […]
The government of Himachal Pradesh has approved the land acquisition process for the Kangra Airport expansion project in Himachal Pradesh. The project involves the extension of the runway from 1,376 meters (m) to 3,010 m […]
Pune Municipal Corporation (PMC) is planning to construct a new water treatment plant (WTP) at Parvati in Pune, Maharashtra. The scope of the project includes the construction of a new WTP in the place of […]
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