SJVN Limited’s proposal for overhead transmission lines for its 1,000 MW solar power project in Bikaner, Rajasthan, has been accepted by the Ministry of Power (MoP). SJVN had published a notice for the transmission programme […]
Adani Enterprises has purchased 29.81 per cent stake in Start Enterprises Private Limited (SEPL). SEPL owns the online train ticket booking platform Trainman. The stakes have been bought for Rs 35.6 million. In June 2023, […]
SpiceJet’s major shareholder has announced an infusion of Rs 5 billion ($60.85 million) into the financially troubled airline in an effort to restore full operations. SpiceJet has been scrambling to raise funds and restore operations […]
Tata Communications has entered into a share purchase agreement through its Singapore-based subsidiary Tata Communications International Pte Limited (TCIPL) to acquire the remaining 41.9 per cent equity in Oasis Smart SIM Europe SAS for $12 […]
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 […]
KKR’s Highways Infrastructure Trust, an infrastructure investment trust (InvIT) focused on acquiring operational road assets, is looking to raise Rs 5.15 billion through a rights issue. The InvIT consists of six road assets spanning over […]
The Solar Energy Corporation of India (SECI) has solicited bids to appoint an agency to conduct a geotechnical research and topography assessment for a solar power project at the Mithakari location in South Andaman. The […]
Ohmium International announced a strategic collaboration with Aquastill, a company in the space of modular membrane distillation technology that uses the sustainable power of waste heat for desalination. This collaboration will enable Ohmium to use […]
The Uttar Pradesh Cabinet has approved Obra D thermal power plant (TPP) with two units of 800 MW each to be built at a cost of Rs 180 billion in Sonbhadra district in the state. […]
The Indian Gas Exchange (IGX) traded 1,622,100 metric million british thermal unit (MMBtu) gas volume in June 2023, with 39 per cent year-on-year (YoY) decline from 2,644,800 MMBtu traded in June 2022. The volumes increased […]
KCP Infra Limited, a renowned infrastructure development company, proudly announces the successful completion of the Guduvanchery to Maraimalainagar eight-lane project on National Highway (NH)-45, a monumental infrastructure endeavor. The project was officially completed on July […]
Sekura is in discussions to acquire a portfolio of 11 hybrid annuity model (HAM) road projects valued at approximately $670 million from Ashoka Concessions, a subsidiary of Ashoka Buildcon. Several potential buyers, including KKR, Cube […]
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 […]
The tunnel boring machine (TBM) Tatya has achieved second and final breakthrough on the 728 metres long down-line from Chunniganj to Naveen Market for the Kanpur Metro Rail Project-Phase I. With this, the tunneling work […]
A new air traffic control (ATC) tower cum technical block will be constructed at the Tiruchirappalli International Airport in Tamil Nadu. The total cost of the project is estimated to be Rs 0.51 billion with […]
Noida International Airport Limited (NIAL) has appointed SITA Airport Management for providing the airport management system to automate and streamline operations of the Jewar International Greenfield Airport in Greater Noida. SITA is the world’s leading […]
Pune Municipal Corporation is likely to commence the construction work for Wagholi and Lohegaon WSS in Pune, Maharashtra by September 2023. The project involves construction of 13 new overhead tanks, augmenting 11 existing tanks, laying […]
ThyssenKrupp Industrial Solutions (India) Private Limited has won contract worth USD100 million for engineering, procurement and construction of grassroot polybutadiene rubber (PBR) plant on lump sum turnkey basis at IOCL’s Panipat refinery and petrochemical complex. […]
IGGL and ONGC have signed three hook-up agreements to link ONGC’s natural gas fields to the north east gas grid project for transportation of natural gas to consumers from Jorhat, Silchar and Tripura Assets of […]
The Union Minister of Ports, Shipping and Waterways inaugurated the indigenous differential global navigation satellite system (DGNSS), ‘Sagar Sampark’ on July 12, 2023. It is a terrestrial-based enhancement system which corrects the errors and inaccuracies […]
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