The MoP has notified the National Electricity Plan Notification (Amendment) Rules, 2023. As per the amended rule, a draft National Electricity Plan (NEP) prepared under the provisions of sub-section (4) of Section 3 of the […]
GQG Partners has increased its stake in two Adani group companies to more than 5 per cent, demonstrating its confidence in the group. GQG acquired additional stakes in the group’s flagship Adani Enterprises Limited and […]
NDR Warehousing, logistics solution provider, backed by Investcorp, has filed draft papers with the Securities and Exchange Board of India (SEBI) to raise approximately Rs 11 billion via the infrastructure investment trust (InvIT) route. If […]
SpiceJet has successfully cleared the settlement of a loan payment worth Rs 1 billion to City Union Bank. The final installment of Rs 250 million was paid on June 30, 2023, thereby closing the entire […]
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 […]
The track work has commenced at Randesan Station for the Ahmedabad Metro Rail Project Phase-II. The project involves development of metro rail connecting Gandhinagar to Motera in the state of Gujarat. It will be implemented […]
The construction work has commenced on Sholinganallur-SIPCOT stretch of Chennai Metro Rail Project Phase-II. The work is likely to be completed by 2027. The project involves development of 118.9-km three metro corridors (Corridor III, IV […]
RITES Limited has commenced techno feasibility study for the development of Ballabgarh-Palwal Metro Rail Project. The project involves the development of elevated metro rail transit between Faridabad’s Ballabgarh to Palwal in the state of Haryana […]
NTPC Limited has commissioned the second unit of 660 MW capacity of the Stage-I (3 x 660 MW) Barh super thermal power plant (STPP) in Bihar. The unit has successfully completed trial operation and, consequently, […]
Asian Energy Services Limited, headquartered in Mumbai, specialising in servicing the energy sector, announced equity infusion by its promoter (Oilmax Energy Private Limited) and other investors. The company is issuing preferential warrants of Rs 850 […]
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