Patna Metro Rail Project – Phase I is likely to have two interchange stations for the two corridors, viz. Corridor 1 (Danapur Cantt-Mithapur) and Corridor 2 (Patna Junction-Patna Inter State Bus Terminal (ISBT)). These stations […]
The Cabinet has decided to scrap the 500 MW Garo hills thermal power project (TPP) awarded to North Eastern Electric Power Corporation Limited (NEEPCO) in Meghalaya. The decision reflects NEEPCO’s strategic shift towards cleaner and […]
The Reserve Bank of India’s (RBI) key lending rate has been held steady as inflation concerns resurfaced following higher-than-usual seasonal spikes in food prices recently. The monetary policy committee (MPC) has kept the repo rate […]
Nimbus have a profound legacy in polyethylene pipe (PE) pipes and irrigation equipment business as our founders set up this business way back in 1968 with a vision to provide sustainable solutions to most scarce […]
Dahanu Taluka Environment Protection Authority (DTEPA) has granted a no objection certificate for the development of the Vadhavan Satellite Port project (Dahanu/Wadhwan Port). The project involves development of an all-weather port at Vadhavan in Mumbai,Maharashtra. […]
Powergrid Corporation of India Limited (Powergrid) has approved a plan to issue bonds on a private placement basis in numerous tranches in 2023–2024, in order to raise up to Rs 57 billion. The funds raised […]
The tunneling work has commenced at Ayanavaram for Chennai Metro Rail Project Phase-II. At Ayanavaram, two tunnel boring machines (TBM) are likely to be used for construction of underground network towards Perambur and Otteri, respectively. […]
The Government of Telangana approved the Hyderabad Metro Rail Project – Phase III on July 31, 2023. The project involves: Part A – Six corridors have been approved under it. These include 13 km corridor […]
A new cargo terminal was inaugurated at Andal Airport in Durgapur, West Bengal on July 31, 2023. The cargo terminal has been constructed by the Bengal Aerotropolis Projects Limited for the commencement of cargo operations. […]
The Public Health Engineering Department of Rajasthan (PHED) plans to start a test run for the Bisalpur II project soon without the shutdown of the water supply during the testing period. The test run would […]
ONGC has signed a term contract with BPCL for the sale of crude oil from Mumbai region. The contract marks the first ever term contract under the marketing freedom regime. Recently, the government of India […]
India is working towards development of energy, mineral and cement transport corridors. The idea is to ensure seamless movement of coal, iron ore, bauxite and cement. To this end, Ministry of Railways (MoR) plans to […]
Indian Railways (IR) has recorded 507.7 million tonnes (mt) freight loading in the April-July period of 2023-24, an increase of 1.23 per cent higher than the freight loading in the corresponding period in 2022-23 (501.55 […]
Nithin Sai Constructions has received Letter of Acceptance (LoA) worth Rs 1,440 million for the implementation of Karzok-Narbu-Sumdo Road Project on July 14, 2023.Bids for the same were invited by Border Road Organization (BRO) in […]
Snapshots from our 17th annual conference on Railways in India, which concluded today at Le-Meridien, New Delhi! We thank our speakers, sponsors and delegates for making this conference successful! • Vinay Kumar G., ICRA • […]
According to the Ministry of Jal Shakti, seven projects worth Rs 6.92 billion have been approved under the National Mission for Clean Ganga. Of these, seven approved projects, four projects are related to sewage management […]
Essar Oil and Gas Exploration and Production Limited (EOGEPL) is planning to invest Rs 20 billion in the coming 18-24 months for drilling 200 wells for the Raniganj coal-bed methane (CBM) block, in order to […]
The Ministry of Ports, Shipping and Waterways (MoPSW) has recently launched port health organisation (PHO) module under Sagar Setu – National Logistics Portal (marine). This has been done to enable a faster and simpler ecosystem […]
Highways Infrastructure Trust (HIT), an infrastructure investment trust (InvIT) owned by KKR, has successfully acquired four road assets valued at Rs 30 billion from Macquarie. The acquisition includes Gujarat Road and Infrastructure (GRICL) and Swarna […]
The MoRTH has partnered with the Japan International Cooperation Agency (JICA) to create a set of five comprehensive guidelines focused on bolstering mountainous road infrastructure in India. The primary objective of these guidelines is to […]
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