REC Limited’s board has approved the sale and transfer of the entire shareholding of Ramgarh-II Transmission Limited, presently held by REC Power Development and Consultancy Limited (RECPDCL), is set to transfer its stake in Ramgarh-II […]
International Holding Company (IHC) has increased its stake to over 5 per cent in Adani Enterprises, following its stake sale in Adani Green and Adani Energy Solutions. With this move, IFC’s total holding now stands […]
Indian Oil Corporation Limited (IOCL) has announced plans to infuse in over Rs 26 billion in for setting up various greenfield units as well as expanding its facilities across the northeast region over the next […]
Brookfield Asset Management and Axis Energy Ventures have announced their second joint venture in clean energy in India. Brookfield, through its subsidiary, Brookfield Global Transition Fund II, will invest a capital of $845 million to […]
NTPC Limited has signed a term loan agreement worth Rs 5 billion with HDFC Bank Limited, featuring an interest rate tied to the T-bill rate. This loan has a door-to-door tenure extending over 15 years […]
The moratorium provisions under the Insolvency Bankruptcy Code (IBC) would now not be applicable to aircraft, aircraft engines, and helicopters. As notified by the Ministry of Corporate Affairs, these were exempted from select provisions of […]
Tunnelling commenced on Greenways Road-Mandaveli stretch under Corridor III (Madhavaram Milk Colony to SIPCOT) of the Chennai Metro Rail Project Phase-II. The project involves development of 118.9-km three metro corridors (Corridor III, IV and V) […]
Trial run has been completed on Subhash Nagar Metro Depot-Rani Kamala Pati stretch of Bhopal Metro Rail Project-Phase I on October 3, 2023. The Bhopal metro project involves development of a metro rail transit system […]
Air India announced the commissioning of a mega warehouse facility in Delhi for the storage of more than one million engineering spares on October 6, 2023. These are reportedly integral for the maintenance, checks, and […]
Air India SATS Airport Services Private Limited (AISATS) Noida Cargo Terminal Private Limited and its special purpose vehicle (SPV) laid the foundation stone for the multi-modal cargo hub at the airport on September 29, 2023. […]
The foundation stone for the development of the new terminal building at the Jodhpur Airport was laid on October 5, 2023. It is expected to be built entailing an investment of Rs 4.8 billion. Additionally, […]
Seven mega projects were inaugurated at the Cochin International Airport on October 2, 2023. The event saw the launch of operations of the import cargo terminal, DigiYatra software, and the Airport Emergency Services. Further, projects […]
Jayanti Super Constructions Private Limited has won a contract worth Rs 2.26 billion for the implementation of the Kupwad underground drainage (UGD) scheme in Maharashtra. Bids for the same were invited by the Sangli Miraj […]
The Ministry of Petroleum and Natural Gas (MoPNG) has notified the gas price ceiling for gas produced from discoveries in deepwater, ultra deepwater and high pressure high temperature areas. The price ceiling for the period […]
The urban transportation sector in India is gradually adopting cleaner modes of operation to achieve net-zero targets. The government is pushing for energy-efficient bus rapid transit (BRT) systems with lower carbon emissions. This includes the […]
The mobility ecosystem has transformed to become a technology-driven business. Companies that provide transportation services are now exploring various smart solution models, ranging from the individual level to trip, vehicle and city levels. The initiatives […]
In January 2015, Indian Railways (IR) formed the Environment Directorate within the Railway Board to assume responsibility for supervising all environmental management programmes, recognising its significance as a crucial component of building world-class infrastructure. Subsequently, […]
Road and highway development has been a major focus area of the central government over the past few years. The central government’s strong focus on the road sector is demonstrated by the Ministry of Road […]
Due to rapid urbanisation, India is currently witnessing significant changes in its public transportation systems. Bus rapid transit systems (BRTSs), which consist of large buses running in dedicated lanes, are emerging as more reliable, convenient […]
In recent years, technology has played a critical role in various infrastructure sectors, particularly metro projects. Driven by advancements in technologies and the increasing preference for metro systems as a primary mode of public transportation, the […]
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