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Home2023September

Month: September 2023

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Ports & Shipping

GDL and DSV announces commencement of LCL export consolidation at ICD Gurugram for Nhava Sheva Port

September 20, 2023

The Gateway Distriparks Limited (GDL), in association with DSV Air & Sea, has recently announced the commencement of less than container load (LCL) export consolidation at inland container depot (ICD) Gurugram (Garhi Harsaru) for Nhava […]

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Ports & Shipping

Centre works on a new legislative framework for ports

September 20, 2023

The centre is working on a new legislative framework for ports. This will provide transparency in port tariffs, revamp penalties for offences, replace over 110 years old rules with more than 15 sets of rules. […]

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Ports & Shipping

Major ports in India registers growth of 4.2 per cent in August 2023

September 20, 2023

The major ports in India handled 65.19 million tonnes (mt) of cargo traffic in August 2023, as compared to 62.54 mt in August 2022, registering a growth of 4.2 per cent. In August 2023, the […]

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Railways

Railway Board highlights need for dedicated coal corridor

September 20, 2023

Reportedly, a study by the Railway Board has emphasised on the country’s requirement of dedicated coal corridors. This is on account of growing power demand in India. With the majority of the coal being transported […]

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Railways

ICF to launch new Vande Bharat prototypes by March 2024

September 20, 2023

India’s Integral Coach Factory (ICF) plans to launch India’s first Vande Bharat sleeper train in March 2024. ICF is also working on the Vande Metro, a 12-coach train for short-distance travel, which is expected to […]

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Railways

IR to roll out nine new Vande Bharat

September 20, 2023

Indian Railways (IR) has launched nine Vande Bharat trains for various destinations on September 24, 2023. This is a record launch in a single day. The news trains will operate on Udaipur – Jaipur, Tirunelveli-Madurai […]

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Roads and Bridges

IRB Infrastructure’s special purpose vehicle to undertake Rs 21 billion Gujarat highway project

September 20, 2023

Samakhiyali Tollway Private Limited, a dedicated subsidiary of IRB Infrastructure Developers, is set to spearhead the Samakhiyali-Santalpur highway project in Gujarat, with an estimated investment of Rs 20.92 billion. It will be executed under the […]

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Roads and Bridges

G R Infraprojects signs concession agreement for Package IV of Baranpur Kadipur Ichauli-Rampuriya Awwal project

September 20, 2023

G R Yamuna Bridge Highway Private Limited a wholly-owned subsidiary of KNR constructions Limited, signed the concession agreement with Ministry of Road Transport and Highways (MoRTH) for implementation of the Baranpur Kadipur Ichauli-Rampuriya Awwal Four […]

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Roads and Bridges

About 80 per cent work on RuB/tunnel completed on Dwarka-Manesar Expressway Project

September 20, 2023

About 80 per cent of construction work has been completed on the Road-under-Bridge (RuB)/tunnel connecting Haryana border to the IGI Airport in Delhi on the Dwarka-Manesar Expressway Project (Northern Peripheral Road Project/Gurgaon-Dwarka Expressway). Besides another […]

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Power

USISPF, ReNew, and Indian Consulate General facilitate discussion on the US-India Climate Partnership

September 20, 2023

During climate week 2023 in the New York city, the US-India Strategic Partnership Forum (USISPF), the Consulate General of India in New York, and ReNew hosted a targeted roundtable on the ‘US- India Climate Partnership […]

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Power

GIPCL invites bids for supply of modules for 600 MW solar project

September 20, 2023

Gujarat Industries Power Company Limited (GIPCL) has issued tender for supply of bifacial solar modules of 750 MW, having wattage output of at least 540 Wp each for a 600 MW solar project. The project […]

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Power

SJVN issues tender for 1.5 GW wind-solar hybrid projects

September 20, 2023

SJVN Limited has issued a request for proposals for developers to set up inter-state transmission system connected 1,500 MW wind-solar hybrid projects in India. According to the tender guidelines, bidders are required to furnish Rs […]

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Power

SJVN signs MoU with PFC to get finance for projects worth Rs 1.18 trillion

September 20, 2023

SJVN Limited and Power Finance Corporation Limited have entered into a memorandum of understanding to provide financial support for a diverse range of projects, primarily focusing on renewable energy projects and thermal generation projects. These […]

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Power

RECPDCL transfers Beawar transmission project to Sterlite Grid 27

September 20, 2023

REC Power Development and Consultancy Limited (RECPDCL) has handed over the project-specific special purpose vehicle (SPV), Beawar Transmission Limited, to Sterlite Grid 27 Limited. The selection of Sterlite Grid 27 was carried out through tariff-based […]

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Asset Sales

JSW Infrastructure in race to buy three ports for Rs 20 billion

September 20, 2023

JSW Infrastructure has placed bids worth Rs 20 billion to acquire three ports under the government’s privatisation move. The acquisition of the same would add another 10-12 per cent to the company’s capacity. Additionally, the […]

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Equity Moves

Kotak Data Center Fund invests Rs 6 billion in Sify’s data center business

September 20, 2023

The Kotak Data Center Fund, managed by Kotak Alternate Asset Managers, has invested around Rs 6 billion in Sify Technologies’ wholly-owned subsidiary engaged in the data center business, Sify Infinit Spaces (SISL). With this transaction, […]

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Bonds/Securities

ICICI and Canara Bank may raise Rs 90 billion via infrastructure bonds

September 20, 2023

ICICI Bank and Canara Bank are likely to foray into the debt market in 2023-24 and are in talks with investors to sell 10-year infrastructure bonds worth Rs 90 billion. ICICI bank is looking to […]

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Loans

REC ties up debt funding of Rs 60.75 billion to Greenko for 1,440 MW PSPs

September 20, 2023

REC Limited has extended Rs 60.75 billion to Greenko for the development of 1,440 MW standalone pumped storage projects (PSPs). A number of clean energy projects will also receive financial support from REC Limited and […]

Videos

5th edition of Desalination & Industrial Water Management | Sept 14-15, 2023| Le Meridien, New Delhi

September 19, 2023

Glimpses from the 5th edition of our conference on Desalination & Industrial Water Management in India, organised on September 14-15, 2023 at Le Meridien, New Delhi. We thank our speakers, sponsors and delegates for sharing […]

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Urban Infrastructure

Construction work for Kochi Metro to commence by December 2023

September 16, 2023

Construction work for Kochi Metro Rail Project-Phase II is likely to commence by December 2023. Besides, the acquisition of private land for the station entry structure is expected to be completed by November 2023. The […]

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