With global concerns regarding energy security, depleting fossil fuel reserves, increasing pollution levels and the looming threat of climate change, countries are increasingly prioritising the transition towards greener energy sources. As a result, the deployment […]
Phase I of Agra Metro Rail Project is likely to be operational by February 2024. Besides, the Government of Uttar Pradesh inaugurated high-speed trial runs at the Taj East Gate Metro Station.The Agra metro project […]
As of June 30, 2023, 59,096 route km (rkm) of the broad-gauge network of Indian Railways (IR) have been electrified. Of this, 37,011 rkm has been electrified in the past nine years itself. For timely […]
Gadag II-A, a subsidiary of Renew Transmission Ventures, announced that it got approval from the Ministry of Power (MoP) to develop overhead transmission lines for solar projects totalling 1,500 MW in Gadag, Karnataka. The approval […]
Bharat Heavy Electricals Limited (BHEL) has synchronised the 660 MW Unit-2 of the 1,320 MW Maitree super thermal power project (STPP) in Bangladesh. The 2×660 Maitree STPP is located at Rampal, Mongla, Bagerhat, Bangladesh, and […]
The Central Electricity Authority (CEA) has notified guidelines for medium- and long-term power demand forecast. The guidelines aim at providing a basic framework of medium- and long-term power demand forecast for a discoms/state/union territory. As […]
Avaada Group and REC Limited have signed a memorandum of understanding for an investment of around $2.44 billion to fund its multiple projects over the next five years. Avaada will utilise the REC investment to […]
Tunnel boring machine (TBM) S89 has achieved final breakthrough at Begumpul Station of Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) Project. This was the final breakthrough for Afcons Infrastructure Limited under Package 8. The Government of […]
The Government of Punjab has proposed water supply and sewerage projects in different regions of Punjab. These projects include canal base water supply projects for Ahmedgarh, Amargarh and Malerkotla which will be launched to meet […]
Reportedly, the number of consequential train derailments has witnessed steep decline in the last two decades. A number of measures have been undertaken by Indian Railways (IR) to avoid derailments and collisions of trains. The […]
Indian Oil Corporation Limited (IOCL) has floated bids for operations and maintenance of 3 MW solar PV project for a period of one year. The project is situated at IOCL’s LPG bottling plant in Kadapa, […]
Powergrid Bikaner Transmission System Limited, a wholly-owned subsidiary of Power Grid Corporation of India Limited, has commissioned a transmission project – Transmission system strengthening scheme for evacuation of power from solar energy zones in Rajasthan […]
PFC Limited has launched the tranche-1 issue of non-convertible debentures (NCDs) worth Rs 50 billion. It will consist of Rs 5 billion of primary issue and a green shoe option of up to Rs 45 […]
In order to increase safety in rail operations, IR has undertaken various measures. Electronic interlocking systems with centralised operation of points and signals have been provided at 6,427 stations upto May 31, 2023 to eliminate […]
The NHAI will auction a 300 km stretch of roads under the toll-operate-transfer (TOT) model. The roads included are Kota Bypass (NH-76) and Gwalior-Jhansi (NH-75) spanning 28 km and 81 km, respectively, under TOT-13. Additionally, […]
The Government of Telangana is likely to inaugurate Indira Park-VST Junction Flyover under the Greater Hyderabad Strategic Road Development Plan (SRDP) Project by August 15, 2023. The project involves construction of 2.62 km long four […]
The lenders of Vidarbha Industries Power have decided to conduct a Swiss challenge auction among the three asset reconstruction companies (ARCs) that have been shortlisted on August 8, 2023. The lenders have shortlisted Aditya Birla […]
Larsen and Toubro Limited (L&T) plans to buy back shares worth up to Rs 100 billion from its public shareholders, in the first ever buyback offer. It may offer to buy back a 2.4 per […]
Oriana Power has fixed the price band for its initial public offering (IPO) at Rs 115 to Rs 118 per equity share. The energy firm plans to raise around Rs 600 million via the IPO. […]
The government has approved five projects at a total cost of Rs 11.26 billion for development of the inland water transport (IWT) infrastructure on National Waterways (NWs) in the North-Eastern Region (NER). This will improve […]
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