About 85 per cent of the construction work under the Surya Regional Bulk Water Supply Scheme (WSS) for the Western Sub Region of the Mumbai Metropolitan Region (MMR) has been completed. The trial run for […]
In a notable development, ONGC has commenced oil evacuation from Panna oilfield by linking it in the Arabian sea to shore through a sub-sea pipeline. It includes laying two segments of 37.5 km submarine pipeline […]
Asian Energy Services Limited (AESL) has received the letter of award for a contract worth Rs 782.4 million from Oil and Natural Gas Corporation Limited (ONGC) for 3D seismic data acquisition services in Gujarat. Besides, […]
Ace Energy Infrastructure Private Limited has completed installation of 3.6 km, 24” pipeline across Subansiri River in Assam by horizontal directional drilling (HDD) technique under the North-East natural gas pipeline grid project, locating it among […]
Reportedly, Hindustan Petroleum Corporation Limited (HPCL) has won a long- term contract from ONGC Petro Additions Limited (OPaL) for supply of natural gas to OPaL’s petrochemical complex at Dahej in Gujarat. The bids for the […]
In order to reduce its carbon footprints, Indian Railways (IR) is taking several initiatives. To this end, a memorandum of understanding (MoU) was signed between IR, Government of India and United States Agency for International […]
India’s largest private rail coach factory has been inaugurated at Kondakal village in Rangareddy district near Hyderabad on June 22, 2023. It is built by Medha Servo Drives Private Limited, a Telangana company which designs […]
IndInfravit, the InvIT set up by Larsen & Toubro, has completed the acquisition of four operational road projects managed by Brookfield Asset Management in an all-cash transaction valued at Rs 82.70 billion. These assets are […]
Shrem Infrastructure Investment Trust (InvIT), a trust backed by Dadachanji Group chairman Kairus Shavak Dadachanji, has modified its acquisition financing strategy for two operational highway projects. The InvIT will raise Rs 10 billion ($122 million) […]
International investment funds, such as Cube Highways, Brookfield, and CPP Investments are vying to acquire three road assets from Reliance Infrastructure at an estimated value of Rs 20 billion. The road assets on the block […]
G R Infraprojects Limited has emerged as lowest (L1) bidder for implementation for the Kasganj Bypass-Chandan Nagar Four Lane Road Project (NH-530B) (Package III). The company has quoted an amount of Rs 10.85 billion. Bids […]
Vodafone Group Plc and CK Hutchison Group Telecom Holdings Limited (CKHGT) have entered into binding agreements in relation to a combination of their UK telecommunication businesses, respectively Vodafone UK and Three UK. Vodafone will own […]
The National Bank for Financing Infrastructure and Development (NaBFID) has listed its maiden bonds on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) and raised about Rs 100 billion via the issuance […]
The construction work on the Ayodhya International Airport project phase I is likely to be completed by August 2023. The airport will have a yearly passenger handling capacity of 0.6 million passengers per annum (mppa). […]
The central government has approved funds worth Rs 30 billion for the expansion work on phase I of the Bagdogra Airport new civil enclave project. This phase of the project involves the development of a […]
The commercial operations on terminal 1 of Jaipur International Airport are expected to start by September 2023. The project involves the construction of a new terminal building, multilevel car parking, development of a four-lane vehicular […]
The construction work on sewage treatment plants (STP) in Mapusa and Colva under the Goa sewerage project has been completed and the STPs are likely to be commissioned soon. Presently, 5.4 million mld STP in […]
Envision Energy, a provider of renewable energy solutions, has signed a 350 MW wind energy contract with Serentica Renewables. The project will be established in Maharashtra and is anticipated to be operational by December 2024. […]
The Ministry of Power (MoP) has notified Electricity (Rights of Consumers) Amendment Rules, 2023. Through this amendment, MoP has introduced time of day (ToD) tariff, and rationalised smart metering provisions. Under the ToD tariff system, […]
The MoP has issued an amendment in the standard bidding documents (SBDs) for procurement of inter-state transmission system (ISTS) through tariff based competitive bidding (TBCB) process to include provisions of aggregate capital cost for high-voltage […]
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