In a recent development, the government of Haryana (GoH) has approved the acquisition of 349 acres of panchayat land (out of 600 acres), in three adjoining villages of Asan Kalan, Khandra and Bal Jattan for […]
The Union Minister of Ports, Shipping and Waterways has announced that the West Bengal state is poised to receive investment worth Rs 1 trillion in the maritime sector and that will make it a maritime […]
PSA BDP has signed a memorandum of understanding (MoU) with Dow Chemical International Private Limited (Dow India) to create a zero emissions green transport corridor in Nhava Sheva. PSA BDP is a leading provider of […]
The Centre’s flagship programme, Bharatmala Pariyojana has experienced a substantial increase from their initial cost projections due to construction of wider highways, tunnels, flyovers, and the procurement of more expensive land. Notably, the expenditure linked […]
NHAI is set to initiate the third phase of highway monetisation through the National Highways Infra Trust (NHIT) in September 2023. Currently, participation in InvIT units is limited to institutional investors.The upcoming third InvIT round […]
The Maharashtra Coastal Zone Management Authority (MCZMA) has approved the implementation of Mithi River Ten Lane Bridge Project (Part of Mahim Causeway). The work order for widening was issued in July 2018 at a cost […]
The foundation stone has been laid for extension of Power Grid Corporation of India Limited’s 400/132 kV Lakhisarai substation in Bihar. As part of the project, 220 kV gas insulated switchgear (GIS) substation will be […]
Ashok Leyland has announced the complete acquisition of Ohm Global Mobility Private Limited (OHM). The acquisition is being carried out from OHM International Mobility Limited for a nominal amount of Rs 0.1 million, reflecting that […]
The construction work on 4.3 km Garden-Ramwadi stretch of the Pune Metro Rail Project – Phase I is likely to be completed by the end of October 2023. Moreover, the Civil Court to Swargate stretch […]
Airports Authority of India (AAI) is soon expected to introduce a flow management system at the new international terminal at Chennai Airport. The facility is currently available at the Bengaluru, Mumbai, and Delhi airports. It […]
New flight services are expected to start from the Hindon Airport soon. Reportedly, flight services are set to commence to Bathinda and Ludhiana in Punjab from the Hindon airport. Congestion at the Indira Gandhi International […]
In a notable development, the Adani Gangavaram Port has inaugurated key strategic infrastructure projects at the port premises to build its existing capacity and productivity. The project includes a warehouse of 6,000 square metres (sq. […]
In a notable development, government plans to introduce a production-linked incentive (PLI) scheme for train component makers. This is being done to attract foreign manufacturing firms and reduce dependence on imports. The details of the […]
A total of 10 firms have submitted bids for implementation of the Kondamodu-Perecherla Four laning Road Project (NH-167 AG). These includes Bharat Vanijya Eastern Private Limited; BVSR Constructions Private Limited; IJM (INDIA) Infrastructure Limited; KCP […]
About 45 per cent of the construction work has been completed on the Worli-Sewri Elevated Road Project.The project involves design and construction of 4.512 km long two+two lane double decker Sewri-Worli (East-West) flyover to connect […]
Adani Energy Solutions Limited (AESL) has acquired an under-development transmission project from Megha Engineering and Infrastructures Limited (MEIL) for an undisclosed amount. It has bought 100 per cent equity shares of the special purpose vehicle, […]
The government is planning an expansion of 10 airport terminals across the country. This is in line with the growth in domestic air passenger traffic. These airports include Goa (Dabolim), Bhubaneswar, Guwahati, Jaipur, Ahmedabad, Patna, […]
In a notable development, Megha City Gas Distribution Private Limited has inaugurated two compressed natural gas (CNG) stations at IOCL’s Annapoorani service station in Tiruvannamalai geographic area (GA) and Hindustan Petroleum Corporation Limited’s (HPCL) Sri […]
The Cabinet Committee on Economic Affairs (CCEA) approved seven multi tracking railway projects with an estimated investment of Rs 325 billion on August 16, 2023. These are: • Gorakhpur Cantt-Valmikinagar rail doubling project involves doubling […]
Ministry of Coal is working on the National Coal Logistics Plan to strengthen the country’s energy security and support the vision of a self-reliant nation. To that end, it announced plans to invest Rs 260 […]
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