In a notable development, Central Railways (CR) has transported a total of 0.1 million automobiles from April 1, 2023 to November 15, 2023. This is 36 per cent higher as compared to the corresponding period […]
The National Highways Authority of India (NHAI) may temporarily halt the awarding of new toll-operate-transfer (TOT) projects after the assessment of TOT 13 and 14, which are currently under bidding due to the current challenging […]
Ravi Infrabuild Projects Private Limited has emerged as lowest bidder (L1) for implementation of the Murrum-Bijapur Two Laning Road Project (NH-548B). The company has quoted an amount of Rs 5,450 million. Besides, Raj Infrastructure Development […]
MKC Infrastructure Limited has received Letter of Award (LoA) worth Rs 2,881.50 million for implementation of Bakasar-Mavasari Road Improvement Project. Bids for the same were invited by the Border Roads Organisation (BRO) in May 2022. […]
The Mumbai Trans-Harbour Link (MTHL), touted as India’s longest sea bridge, is set to inaugurate on December 25, 2023. With 95 per cent of the project already completed, the MTHL is positioned to significantly reduce […]
NTPC Renewable Energy Limited has issued a request for proposals for balance-of-system (BoS) package to set up 1,110 MW inter-state transmission system connected wind projects, tranche-II. The projects will be developed in Gujarat. According to […]
Servotech Power Systems has secured an order for 2,649 AC electric vehicle (EV) chargers from Bharat Petroleum Corporation Limited (BPCL). The scope of work includes production, supply, installation of EV chargers across the country. These […]
The Maharashtra Electricity Regulatory Commission (MERC) has raised net metering cap for rooftop solar projects to 5 MW from the earlier cap at 1 MW in the state. The commission introduced these modifications through an […]
SJVN Green Energy Limited (SGEL) has signed a PPA with Solar Energy Corporation of India Limited (SECI) for 200 MW grid-connected wind power project. SGEL had won the engineering, procurement, and construction contract from SECI […]
PFC Consulting Limited has incorporated a new special purpose vehicle (SPV) for development of independent transmission projects. This SPV is Ramakanali B Panagarh Transmission Limited for development of the intra-state transmission system consisting of “Package […]
The Union Ministry for Power and New & Renewable Energy conducted interaction with key stakeholders in the power sector to assess the progress of thermal power capacity addition and address any challenges faced by the […]
The National Highways Authority of India (NHAI) has set an ambitious fundraising target of over Rs 150 billion in the remaining four months of the 2023-24. The initiative aims to reduce NHAI’s debt and address […]
The Indian Renewable Energy Development Agency Limited (IREDA) has raised a total of Rs 6.43 billion from anchor investors ahead of the launch of its initial public offering (IPO). Some of the anchor investors in […]
The Centre plans to ask Oil and Natural Gas Corporation to consider launching a rights issue of around $1.9 billion to help fund green projects at refining arm Hindustan Petroleum Corporation Limited (HPCL). The move […]
Bharti Airtel is reportedly exploring a fundraise of around $1 billion (approximately Rs 83.3 billion) to prepay a significant portion of its remaining dues relating to the spectrum bought in 2015. This fundraise could also […]
The Union Minister of Ports, Shipping and Waterways (MoPSW) and Ayush, Sarbananda Sonowal chaired a mid-term review meeting where top officials of the MoPSW participated in the deliberations. The meeting was held to determine a […]
Energy Efficiency Services Limited (EESL), in partnership with the Global Green Growth Institute (GGGI), has introduced the Asia Low Carbon Buildings Transition (ALCBT) project in India. This strategic effort seeks to address increase in peak […]
The Government of Karnataka (GoK) has directed Bangalore Metro Rail Corporation Limited (BMRCL) to prepare the detailed project report (DPR) to connect Bengaluru with Bidadi via metro. BMRCL is likely to work on the feasibility […]
Commercial operations for the Kolkata East-West Metro Project are likely to commence by June 2024. Meanwhile, Howrah Maidan-Esplanade stretch is ready for commercial operations and trial runs are going on. Besides, trial runs on Sealdah-Esplanade […]
Mumbai Metro Rail Corporation Limited (MMRCL) has completed the Detailed Project Report (DPR) for 5 km expansion of the Mumbai Metro Phase I Line 3 Project (Colaba-Bandra-SEEPZ) upto Navy Nagar. The DPR is yet to […]
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