Around 90 per cent of the construction work has been completed on the Mumbai Trans Harbour Link project. It is expected to open for public use by November 2023. The project involves the construction of […]
Hardoi Highways Private Limited, a subsidiary of PNC Infratech Limited, has achieved financial closure for implementation of the Hardoi-Lucknow Four Laning Road Project Package III. The completion and maintenance period for the work is 910 […]
The construction work on Phase I of the Mumbai coastal road project is set to be completed by November 2023. Besides, about 70 per cent of the work is completed. Phase I of the project […]
The Bangalore Development Authority has laid the foundation stone for the Hebbal six-laning flyover expansion project. The construction work for the first phase of the project has commenced. It involes a three-lane overpass road from […]
The board of IRB Infrastructure Developers has approved a stock split of 10 for 1. The board of directors of the firm has accepted the proposal for the subdivision of existing equity shares from one […]
Indian Railways’ (IR) freight loading for the April-December 2022 period has surpassed the previous year’s loading and earnings for the corresponding period. During April-December 2022, IR’s freight loading stood at 1,109.38 mt, 8 per cent […]
The total approximate earnings of IR in the passenger segment stood at Rs 489.13 billion during April-December 2022 on an originating basis, registering an increase of 71 per cent from the Rs 285.69 billion achieved […]
The Ministry of Railways (MoR) has released a five-pronged energy efficiency plan to become carbon-neutral by 2030. The idea is to reduce overall energy use with efficient operations and increase renewable energy usage. The five […]
In a bid to increase the deployment of Vande Bharat trains in the country, IR has prepared a Rs 180 billion plan to scale up the locomotive maintenance facility. The lack of adequate maintenance depots […]
National High Speed Rail Corporation Limited has achieved physical progress of 24.73 per cent on the Mumbai-Ahmedabad high speed rail (HSR) corridor project. The progress includes construction of 126.44 km pier work while the pile […]
IR is planning to modernise 1,000 stations under the Amrit Bharat Station Scheme. Apart from this, 200 stations are being planned under the station redevelopment programme. Reportedly, 1,000 small stations will be identified for their footfall […]
The Ministry of New and Renewable Energy (MNRE) has notified the National Green Hydrogen Mission. The initial outlay for the mission will be Rs 197.44 billion, including an outlay of Rs 174.9 billion for the […]
The Ministry of Power (MoP) has directed all power gencos in the country to import coal for blending up to 6 per cent (by weight) for the remaining period of the current fiscal year and […]
The MoP has notified the Energy Conservation (Amendment) Act, 2022. The Energy Conservation (Amendment) Bill, 2022 was passed by the Rajya Sabha on December 12, 2022, and received the President’s approval on December 19, 2022. […]
The MoP has notified the Electricity (Amendment) Rules, 2022. The amendment has inserted rules for surcharge payable by consumers seeking open access, timely recovery of power purchase costs by distribution licensee, subsidy accounting, resource adequacy, […]
The MNRE has granted time extension to solar power projects under Tranches I, II and III of the central public sector undertaking (CPSU) scheme Phase II till September 30, 2024. According to the MNRE, representations […]
The Central Electricity Regulatory Commission (CERC) has extended the price cap of Rs 12 per unit across all market segments traded on the power exchanges until further orders. It is observed that both the energy […]
The Ministry of Port, Shipping and Waterways (MoPSW) has a pipeline of 44 projects for a total investment worth Rs 229 billion till 2024-25. On the policy front, the ministry is working on the guidelines […]
According to an official memorandum, the MoPSW has directed major ports to extend the exemption of port- and vessel-related charges for roll-on/roll-off-passenger (ro-pax) ferry services for a period of one year with effect from January […]
The Expert Appraisal Committee (EAC) of the MoEFCC recommended grant of environmental clearance (EC) and coastal regulation zone (CRZ) clearance for the expansion of the outer harbour project at Hazira port in its meeting held […]
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