Results for Tata Power’s auction to develop 225 MW of grid-connected wind-solar hybrid projects, both interstate and intrastate, with an additional 225 MW greenshoe option on a long-term basis have been announced. Juniper Green Energy […]
The Ministry of Power (MoP) has issued national framework aimed at promoting energy storage systems (ESS). The key objectives of the framework are to ensure a constant supply of renewable energy, reduce emissions, and lower […]
Welspun One, warehousing assets investor, has made the first investment from its second vehicle, the Welspun One Logistics Parks Fund II (WOLPF II) with a target corpus of Rs 20 billion (around $240 million). The […]
The British Columbia Investment (BCI) has acquired an additional 4.8 per cent stake in Brookfield’s Data Infrastructure Trust, tower infrastructure investment trust (InvIT). The investment was made through a block deal worth around Rs 20 […]
Maharashtra Metro Rail Corporation Limited (Maha-Metro) is likely to commence trial run on Bund Garden-Ramwadi stretch of Pune Metro Rail Project – Phase I by end-September 2023. Besides, the civil works of the viaduct and […]
In a notable development, Indian Railways (IR) has achieved 634.66 million tonnes (mt) freight loading during April-August period of 2023-24. This is nearly 14 mt higher than the freight loading of 620.88 mt in the […]
The construction work on Sela Pass tunnel under the Balipara-Charduar-Tawang Road Upgradation. Project is likely to be completed by end-September 2023. It involves construction of 11.315 km long twin tunnel (980 m & 1555 m) […]
The MoP has extended the mandate to gencos for blending imported coal in thermal power plants (TPP) till March 2024. Meanwhile, the MoP also revised the blending percentage of imported coal to 4 per cent […]
Reliance Jio is raising up to $2 billion in offshore loans to fund the purchase of 5G network equipment from Ericsson. BNP Paribas is the lead arranger of the loan and will provide $1.9-2 billion […]
REC Limited has entered into an agreement with Damodar Valley Corporation (DVC), under which REC will provide a loan of Rs 45.28 billion to DVC for setting up a 1,320 MW thermal power project (2×660 […]
NCRTC is implementing India’s first regional rail project. The 82 km-long corridor connecting Delhi, Ghaziabad and Meerut has 25 stations. In a unique proposition, we are also providing metro services on the regional rapid transit […]
The regional rapid transit system (RRTS) is an innovative, transformative and strategic regional public transit initiative by the government in the National Capital Region (NCR). This high-speed system (design speed 180 kmph and operational speed […]
In the run up to India-led G20 Leaders’ Summit 2023, the Energy Transitions Ministerial Meeting (ETMM) concluded last month with a forward-looking outcome document that emphasises the acceleration of a just and equitable energy transition. […]
H.G. Karnal-Ring road, a wholly-owned subsidiary of HG Infra Engineering has achieved financial closure from National Highways Authority of India (NHAI) for the construction of six-lane greenfield Karnal Ring Road. Further, the NHAI estimated project […]
The Union Cabinet has approved the scheme for viability gap funding (VGF) for development of battery energy storage systems (BESS). The approved scheme envisages development of 4,000 MWh of BESS projects by 2030-31, with a […]
Chennai Metro Rail Limited (CMRL) has completed feasibility survey for Salem Mass Rapid Transit System (MRTS) Project. Besides, it is likely to submit the detailed feasibility report to the Government of Tamil Nadu (GoTN) soon. […]
Alstom Transport India Limited has delivered the first train set to Madhya Pradesh Metro Rail Corporation Limited (MPMRCL) for the Indore Metro Rail Project- Phase I. The train-set is part of a larger 156 coach […]
The Utkela airport and a direct flight between Utkela and Bhubaneswar was inaugurated on August 31, 2023. The airport was developed at a cost of Rs 310.7 million and consists of a runway which is […]
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