ReNew has announced the commissioning of its first interstate transmission system (ISTS) project. The project will help to facilitate the transmission of 1,500 MW of clean energy in the Koppal area of Karnataka. Awarded in […]
The first unit of SJVN Limited’s 30 MW Naitwar Mori HEP has started supplying power to the national electricity grid. Naitwar Mori HEP is located on River Tons with two generating units of 30 MW […]
The Ministry of Coal has launched eighth round of commercial coal mines auctions marking further significant leap in the coal sector and taking a step forward, towards making India Atmanirbhar in coal. A total of […]
IL&FS Transportation Networks has sold the entire equity stake it held in Jorabat Shillong Expressway Limited (JSEL), a wholly-owned subsidiary to Sekura Roads for Rs 13.43 billion. With this transaction, all the liabilities have been […]
Siemens AG is planning to buy an 18 per cent stake from Siemens Energy in their Indian joint venture, Siemens Limited for around $2.28 billion, reflecting a 15 per cent discount on their average price. […]
World Bank has signed a $200 million project with the Government of India and the Government of Himachal Pradesh to facilitate power sector reforms and increase the share of renewable energy in Himachal Pradesh’s electricity […]
The Centre has sanctioned funds worth Rs 1 billion for development of the Tura Bulk Water Supply Scheme (WSS) in Meghalaya. The project has been approved under the North East Special Infrastructure Development Scheme. Tenders […]
The Ministry of Power (MoP) has issued an advisory encouraging all states/generation companies (gencos) to participate in the corporate insolvency resolution process for taking over stressed thermal power assets. The MoP has asked state-owned power […]
The National Investment and Infrastructure Fund (NIIF) has initiated the sale of its maiden portfolio comprising five road projects worth Rs 100 billion ($1.2 billion). The investment bank, JP Morgan, is overseeing the sale process […]
Power Grid Corporation of India Limited (Powergrid) has acquired Beawar Dausa Transmission Limited and Ramgarh II Transmission Limited through tariff-based competitive bidding. Powergrid will develop the project on a build, own, operate and transfer basis […]
NHAI has granted the IRB Infrastructure Trust a letter of award for the Lalitpur Lakhnadon NH-44 TOT-12 bundle, valued at Rs 44.28 billion. This project’s acquisition will expand IRB’s order book by Rs 39 billion, […]
Oil and Natural Gas Corporation has won a bid to acquire 100 per cent stake in PTC India Limited’s wind power unit for Rs 9.25 billion. The move is in line with the state-owned firm’s […]
IL&FS Transportation Networks Limited (ITNL) has received approval for the transfer of 100 per cent equity stake in Jorabat Shillong Expressway Limited (JSEL), an SPV incorporated for the implementation of the Jorabat-Shillong (Barapani) Four Laning […]
NewCold, a Netherlands-based cold chain logistics and supply chain company, has completed its maiden warehousing transaction in India with the acquisition of Palava Induslogic 3 Private Limited, a wholly owned subsidiary of Macrotech Developers Limited, […]
In order to facilitate debt repayment, the Shapoorji Pallonji Group has initiated talks with private equity players to sell its entire stake in Gopalpur Port, Odisha, and part of the shareholding in Afcons Infrastructure by […]
ITNL has sold the entire equity stake it held in Jorabat Shillong Expressway Limited (JSEL), a wholly owned subsidiary, to Sekura Roads for Rs 13.43 billion. With this transaction, all the liabilities have been adjusted. […]
The CCI has approved the merger of IDFC Limited with IDFC FIRST Bank. IDFC FIRST Bank provides banking services, while its parent IDFC Limited (IDFCL) is an RBI-registered non-banking financial company. The merger is subject […]
The Indian Oil Corporation Limited (IOCL) Board has approved an investment of Rs 16.6 billion to secure a 50 per cent stake in the joint venture with NTPC Green Energy Limited for the development of […]
Siemens AG is planning to buy an 18 per cent stake from Siemens Energy in their Indian joint venture Siemens Limited for around $2.28 billion, reflecting a 15 per cent discount on the average price. […]
I Squared Capital is set to acquire a majority stake in the Indian unit of the American Tower Corporation (ATC). Currently, it is finalising the terms to acquire around 65 per cent at a value […]
COPYRIGHT © 2016- 2025 | INDIAN INFRASTRUCTURE