Infrastructure financing has improved significantly over the years with the availability of flexible structures, more financing avenues and the increasing role of global funds. Sectors such as roads, renewable energy and logistics continue to receive […]
The Government of Delhi transferred funds worth Rs 4.15 billion to National Capital Region Transport Corporation (NCRTC) for the Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) Project on November 24, 2023. The project involves development of […]
Bangalore Metro Rail Corporation Limited (BMRCL) is likely to commence preliminary work related to land acquisition for the Bengaluru Metro Rail Project – Phase III soon. In the initial stage, about 100 acres of land […]
The Government of Tamil Nadu (GoTN) has granted the administrative sanction for the acquisition of 3,774.01 acres of land in Parandur and Kancheepuram district for the development of the Chennai Greenfield Airport Project. A total […]
Preparatory work for land acquisition for the development of the Sabarimala (Dharmasastha) Greenfield Airport Project commenced on November 27, 2023, with digital mapping of the project area. Besides, the Government of Kerala (GoK) has issued […]
The structure of the Noida Airport is witnessing a rapid pace of completion. Construction has reached the final floor of the passenger terminal, and work has begun on the façade. Further, the runway has been […]
Gurugram Metropolitan Development Authority (GMDA) is planning to install ultrasonic flow meters at sewage treatment plants (STP) along with CCTV cameras for monitoring the flow of raw sewage. These ultrasonic flow meters are planned to […]
The Central Government has approved funds worth Rs 2.86 billion for the implementation of a flood mitigation project in Pune, Maharashtra under the Flood Risk Management Programme. Currently, a detailed study on identifying the flood-prone […]
A new project to install a sewer line in missing areas of the ongoing Buddha Nullah project will be launched soon under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) programme. The sewer line […]
The union government has successfully inaugurated the second floating CNG mobile refuelling unit (MRU) station at Ravidas Ghat in Varanasi, Uttar Pradesh. The floating CNG MRU, being built by GAIL (India) Limited has compression capacity […]
The Petroleum and Natural Gas Regulatory Board (PNGRB) has invited bids for grant of authorisation for development of CGD networks in Mizoram geographical area (GA) under round 12A of CGD bidding. The last date for […]
As per reports, Indian Oil Corporation Limited (IOCL) has secured 1.45 million standard cubic meters per day (mscmd) gas out of the total 4 mscmd natural gas offered by the consortium of Reliance Industries Limited […]
The Adani Logistics Limited has recently started its inland container depot (ICD) facility at Borkhedi, Nagpur. The ICD is spread over a 75-acre area and most of the required infrastructure, storage facilities and equipment to […]
The Container Corporation of India Limited is set to transport fast-moving consumer goods (FMCG) cargo to increase its domestic market share. The company has experienced a growth in domestic market share of approximately 25 per […]
On November 25, 2023, the Gateway Terminals of India (GTI) handled 6,210 TEUs of volume by road. This is the highest volume handled at the terminal since its inception in 2006. The APM Terminals Mumbai […]
The JSW Infrastructure Limited’s subsidiary company, Masad Infra Services Private Limited has recently signed an agreement with the Karnataka Maritime Board (KMB) to develop a greenfield port in the state. On November 16, 2023, JSW […]
Indian Railways (IR) is expected to complete the KAVACH installation on Delhi-Mumbai corridor by 2025. A total of 1,659 km of the routes have been equipped with KAVACH and another 500 km will be equipped […]
Central Railway (CR) has generated revenue to the tune of Rs 545.1 million from various advertising venues in the April to October period of 2023-24. It includes, Rs 81.9 million from Vinyl wrapping on train […]
The MoRTH anticipates spending a capital expenditure (capex) of approximately Rs 1.85 trillion by December 2023. Originally planning to spend over 90 per cent of its Rs 2.59 trillion capex for 2023-24 by December, the […]
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