Highlights from our 14th annual conference on infrastructure finance in India, held on December 12, 2023, at Grand Hyatt, Mumbai. We thank all our speakers, delegates, and sponsors for highlighting the key trends and developments […]
The union budget assumes that 6 per cent of India’s GDP will be invested in infrastructure, with about 25 per cent of it expected to come from the private sector and public-private partnerships. Of this, […]
India is facing challenges in the effective treatment of sewage generated in its cities and the efficient operation and maintenance (O&M) of its sewage treatment plants (STPs). Currently, a mere 30 per cent of wastewater […]
Kankaria East station under East-West Corridor (Thaltej-Vastral) of the Ahmedabad-Gandhinagar Metro Rail Project -Phase I is likely to be operational by February 2024. The Commissioner of Metro Rail Safety (CMRS) conducted inspection of the station […]
KfW Development Bank is likely to sign an agreement to provide Rs 45 billion funds for Bengaluru Metro Expansion Projects. Currently, Phase II, Phase 2A and Phase 2B projects are ongoing. Bengaluru Metro Rail Project […]
The Government of Delhi is likely to allocate funds Rs 1.5 billion for the Delhi-Gurgaon-Rewari-Alwar Regional Rapid Transit System (RRTS) Project -Phase I and Rs 0.5 billion for the Delhi-Panipat RRTS Project. Besides, Rs 4 […]
The new terminal building under the Pune (Lohegaon) airport expansion project is likely to be inaugurated soon. Construction work on the same has been completed. Besides, the existing terminal building will be shut down for […]
The Vijayawada (Gannavaram) Airport new terminal building project is likely to be completed by June 2024. About 40 per cent of the physical progress has been achieved on the project as of October 31, 2023. […]
The Ayodhya Airport received an aerodrome licence in the public use category for all weather conditions from the Directorate General of Civil Aviation (DGCA) on December 14, 2023. The airport has a runway of length […]
Reportedly, within the next two years, nine new airports are planned to be constructed in Uttar Pradesh. With this, the total number of airports in the state would reach 18. Over the past nine years, […]
The foundation stone for the new terminal building at the Rajahmundry Airport was laid on December 10, 2023. The terminal building will be built on 17,029 square meters (sq m), which is 400 times of […]
About 98 per cent of the construction work of a STP at Eidgah-Ali Jan Road under the Comprehensive Sewerage Scheme for Zone III of Greater Srinagar has been completed. Besides, 99 per cent work on […]
The upgradation work on three sewage treatment plants (STPs) in Chandigarh has been completed. These projects include first the Diggian STP upgradation project which involves rehabilitation/upgradation of existing 30 million gallons per day (mgd) capacity […]
The Government of Andhra Pradesh inaugurated the Uddanam drinking water project in Srikakulam district of Andhra Pradesh on December 14, 2023. The scope of project included drawing water from the River Vamsadhara at the Hiramandalam […]
Commercial operations at the 450,000 tonnes per annum (tpa) polypropylene (PP) plant under the Vadinar refinery expansion are likely to commence by June 2024. Vadinar refinery expansion encompasses capacity expansion of the refinery from 20 […]
In a recent development, Thermax Limited has won a contract of more than Rs 5 billion for setting up five bio-CNG plants each in Rajasthan, Madhya Pradesh, Uttar Pradesh and two in the state of […]
In a notable development, Indraprastha Gas Limited (IGL) has inaugurated the first company owned company operated CNG station at Transport Nagar in Hapur, Uttar Pradesh. IGL is an Indian natural gas distribution company that supplies […]
As per reports, the Adani Ports and Special Economic Zone (APSEZ) will sell 49 per cent stake in its Ennore Container Terminal to Mediterranean Shipping Company (MSC) for Rs 2.47 billion. With regard to this, […]
The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) recommended grant of environment clearance (EC) and coastal regulation zone (CRZ) for the augmentation of liquid cargo handling capacity by […]
Indian Railways has installed real time train information system (RTIS) on 8,700 locomotives, about 60 per cent of the total locomotives in operation. It is an automatic, made in India, based system which helps in […]
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