The Ministry of Road Transport and Highways (MoRTH) has inaugurated various road projects in Assam, including Nagaon Bypass end-KaliaborTiniali four laning road project (NH-37) Package I, which involves two laning of the 10-km-long Nagaon bypass-Teliagaon […]
Macquarie has entered into an agreement to acquire BSCPL AurangTollway Limited. The acquisition pertains to a 150 km long road project located in Chhattisgarh, currently owned by BSCPL Infrastructure. The deal will result in the […]
The Adani Group has terminated the agreement allowing Adani Roads, a subsidiary of Adani Enterprises, to acquire the road portfolio from Macquarie Asia Infrastructure Fund for Rs 31.1 billion. Earlier, in August 2022, the firm […]
Sekura Roads is set to acquire Thrissur Expressway Limited (TEL) from KMC Constructions for Rs 8 billion. Currently, KMC Infratech holds around 90 per cent stake in the 28 km-long TEL, with China Railway 18th […]
In continuation of the order granting a waiver of interstate transmission system (ISTS) charges to solar and wind energy sources, the Ministry of Power (MoP) has issued an addendum granting the waiver to offshore wind […]
The group constituted by the MoP for the “Development of Electricity Market in India” has proposed comprehensive solutions to address key issues. The solutions are aimed at creating an efficient, optimal and reliable market framework […]
The MoP has extended the time period of its direction to all thermal plants using imported coal to operate at full capacity by three and a half months, till September 30, 2023, to avoid electricity […]
The MoP has decided to go ahead with the process of market coupling. To this end, the MoP has requested the Central Electricity Regulatory Commission (CERC) to initiate the process of consultation and finalisation of […]
The Central Electricity Authority (CEA) has notified the National Electricity Plan (NEP) (Volume-I Generation) for 2022-32. As per the plan, the likely installed capacity by 2026-27 will be 609,591 MW and by 2031-32, it is […]
The Ministry of New and Renewable Energy (MNRE) has announced reforms in its Approved List of Models and Manufacturers (ALMM) mechanism for solar photovoltaic (PV) modules. The reforms are aimed at reducing costs for solar […]
The MoP and MNRE have jointly launched a national mission, titled Mission on Advanced and High-Impact Research, which aims to facilitate indigenous research, development and demonstration of the latest and emerging technologies in the power […]
The Ministry of Ports, Shipping and Waterways (MoPSW) has announced five major initiatives (Panch Karma Sankalp), focus on green shipping and digitalisation of ports to make India a global leader in the maritime sector. These […]
On June 9, 2023, the union minister of ports, shipping and waterways ( MoPSW) launched SagarSamriddhi, an online dredging monitoring system. This was launched accelerate the ministry’s the “waste to wealth” initiative. It has been […]
As per reports, the central government is preparing a policy that will allow the extension of port terminal contracts beyond the 30-year lease period, under certain conditions. Reportedly, the policy will govern major ports and […]
The Andhra Pradesh government laid the foundation stone for the Machilipatnam port project on May 22, 2023. Environmental and pollution clearances were granted on February 28, 2023 and April 13, 2023 respectively. The land acquisition […]
Nhava Sheva Distribution Terminal (NSDT) Private Limited and Ganesh Benzoplast Limited have signed an agreement for handling liquid commodities at the shallow water berth at JNP. The agreement envisages the gradual build-up of liquid volumes […]
As per reports, the MoPSW has cleared a plan to restructure the development of a marina at Princess Dock in the Mumbai port. With an estimated cost of approximately Rs 5.75 billion, the project will […]
In a notable development, subsidies will be offered by the centre to vessels for setting up offshore wind energy projects and laying undersea cables. This shipbuilding subsidy scheme has been revamped by the centre to […]
Commercial production at the Barmer refinery-cum-petrochemical complex is likely to commence by December 31, 2024. The project involves setting up a 9 million tonne per annum (mtpa) capacity oil refinery-cum-petrochemical complex in Barmer district of […]
Mangalore Refinery and Petrochemicals Limited (MRPL) plans to set up a new petrochemical production plant at an investment of Rs 300 billion-400 billion in Karnataka. It is likely to be operational in three to five […]
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