As per reports, the Adani Group is investing Rs 4 trillion in the ongoing and new projects at the Mundra Port in Gujarat’s Kachchh region. The investment involves an expansion of the port, including the […]
Indian Railways (IR) has transported 887.25 million tonnes (mt) freight in the April-October period of 2023-24. This is 31.61 mt higher as compared to the freight loading in the corresponding period in 2022-23. The national […]
The NHAI has received government approval to utilise funds raised through NHAI InvIT solely for the purpose of servicing its escalating debt, which has exceeded Rs 3.4 trillion. NHAI has been allocated Rs 1,622.07 billion […]
The NHAI has granted the IRB Infrastructure trust a letter of award (LoA) for the Lalitpur Lakhnadon NH-44 TOT-12 bundle, valued at Rs 44.28 billion. This project’s acquisition will bolster IRB’s order book by Rs […]
Prabha Construction Company has received LoA worth Rs 1,114.93 million for implementation of Panchkosi Parikrama Marg Road Widening Project. Bids for the same were invited by the Public Works Department, Uttar Pradesh (PWD) in July […]
The Centre declared that 26-km cross-border road connecting Mizoram’s Lawngtlai district with Myanmar’s Sittwe port, part of the Kaladan Multi-Modal Transit Transport Project (KMTTP), will be completed by November 2023 at a cost of Rs […]
SJVN Limited has issued a request for proposals for developers to develop 1,500 MW inter-state transmission system connected solar projects. The projects will be developed across India. According to the tender guidelines, the bidders are […]
NHPC Limited has issued a request for proposals (RfPs) for 1,500 MW inter-state transmission system connected wind-solar hybrid projects, with or without storage. The projects can be set up anywhere in India. According to the […]
Vibrant Energy has entered into its third power purchase agreement (PPA) with Amazon for a 198 MW wind project. The plant will be located in Osmanabad, Maharashtra. Earlier in 2022, Amazon collaborated with Vibrant for […]
The MoP has announced the minimum share of renewable energy from April 2024 to March 2030. These rules apply to all designated consumers, including captive users, open-access consumers, and energy distribution licensees. A new category […]
The central government has launched a standards and labelling programme for solar panels. The star labelling scheme prepared by the Bureau of Energy Efficiency for photovoltaic (PV) modules is from January 1, 2024 till December […]
The Ministry of Power (MoP) has released the procedure for implementation of a uniform renewable energy tariff for end power procurers, including discoms and open-access consumers. The procedure establishes a framework for different categories of […]
The Central Electricity Regulatory Commission (CERC) has notified CERC (Sharing of Inter-State Transmission Charges and Losses) (Second Amendment) Regulations, 2023. As per the amendment, the inter-state transmission licensee shall be paid 50 per cent of […]
Power Grid Corporation of India Limited (Powergrid) has acquired Beawar Dausa Transmission Limited and Ramgarh II Transmission Limited (RIITL) through tariff-based competitive bidding (TBCB). Powergrid will develop the project on build, own, operate and transfer […]
Ontario Teachers’ Pension Plan (OTPP), the Canadian pension fund manager is investing in an Indian logistics company, XpressBees, by acquiring a minority stake for an undisclosed amount. The Competition Commission of India (CCI) has accorded […]
Vodafone Idea Limited (Vi) has reportedly secured a loan worth Rs 20 billion from HDFC Bank. The funding will likely help the operator to meet its past overdue licence fee and 5G spectrum payment commitments […]
The robust development of rail freight infrastructure plays a crucial role in logistics movement and supply chains in India. The modal split of freight transportation varies based on geography, nature of commodities, legal and regulatory […]
Adani Total Gas Limited (ATGL) is one of the biggest city gas distribution (CGD) players in the country. It is a joint venture (JV) between the Adani Group and France-based TotalEnergies, each holding a 37.4 […]
Grid-scale energy storage solutions are increasingly gaining traction and need to grow significantly to support the rising renewable energy capacity in the country. There is an impetus from the government to mainstream energy storage solutions […]
Policy support for the road sector is evident when you look at budgetary allocations. The infrastructure capex of Rs 10 trillion in 2023-24 represents a 33 per cent increase over the budgeted expenditure of Rs 7.5 […]
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