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  • [ May 20, 2026 ] Kiul-Jhajha Third Rail Line Project in Bihar approved Railways
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  • [ May 19, 2026 ] Safety inspection conducted on 12 km long Rambhadrapur-Thalwara rail section in Madhya Pradesh Railways
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Home2024January

Month: January 2024

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Power

MNRE introduces amended guidelines for implementation of PM-KUSUM scheme

January 25, 2024

The Ministry of New and Renewable Energy has introduced amended guidelines for the PM-KUSUM programme, replacing the prior memo and integrating subsequent amendments. The goal is to enable farmers to install 10,000 MW of solar […]

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Power

Government unveils incentives for production of 200,000 MT of green hydrogen

January 25, 2024

The Ministry of New and Renewable Energy has introduced a framework to encourage annual production of 200,000 metric tonnes of green hydrogen. Incentives will be awarded for 3 years to produce and deliver cost-effective green […]

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Power

India’s PM announces new rooftop solar installation programme for 10 million households

January 25, 2024

The Indian prime minister has unveiled a new initiative under the Pradhan Mantri Suryodaya Yojana, aiming to deploy rooftop solar systems for 10 million households. The initiative seeks to reduce power costs for low and […]

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Power

PFCCL incorporates SPVs for three transmission projects in Rajasthan, Gujarat

January 25, 2024

PFC Consulting Limited (PFCCL) has incorporated three special purpose vehicles for the development of transmission system. These are Sirohi Transmission Limited for the Transmission system for evacuation of power from Rajasthan REZ Ph -IV (Part-2: […]

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Power

Ministry of Power and New and Renewable Energy releases third edition of consumer service ratings of discoms

January 25, 2024

The Ministry of Power and New and Renewable Energy has released third edition of consumer service ratings of discoms covering performance of discoms for 2022-23. As per the Ratings, Noida Power Company Limited (Uttar Pradesh), […]

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Asset Sales

APSEZL receives NCLT approval to acquire remaining stake in GPL

January 25, 2024

The Adani Ports and Special Economic Zone Limited (APSEZL) has received approval from the National Company Law Tribunal (NCLT) to acquire the remaining 58.1 per cent stake in the Gangavaram Port Limited (GPL). The acquisition […]

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Equity Moves

Edelweiss arm raises Rs 80 billion for infrastructure fund

January 25, 2024

Edelweiss Alternatives has raised over Rs 80 billon for its second infrastructure fund, Edelweiss Alternatives Infrastructure Yield Plus II. Money has been raised from both domestic and offshore investors and is more than double the […]

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IPO/QIP

Airtel’s subsidiary Bharti Hexacom files for IPO; government to offload 20 per cent stake through OFS

January 25, 2024

Bharti Airtel’s subsidiary Bharti Hexacom has filed its draft red herring prospectus with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The IPO will be completely offer-for-sale (OFS) of […]

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Sanctions/ Grants

Centre allocates Rs 700 million to Kanpur Development Authority for sewerage project

January 25, 2024

The central government has allocated funds worth Rs 700 million to the Kanpur Development Authority for a sewerage project in Kanpur, Uttar Pradesh. The scope of work includes the construction of a 20 million litres […]

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Industry Speak

Building a Sustainable Future: Environmental benefits of prefabricated construction

January 24, 2024

By Nikhil Bothra, Director, EPACK PREFAB In the face of escalating environmental challenges posed by conventional construction methods, exacerbated by factors such as the recent construction bans in Delhi due to severe air quality concerns, […]

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Asset Sales

PSPCL to acquire Goindwal Sahib power project

January 23, 2024

Punjab State Power Corporation Limited (PSPCL) is expected to acquire the Goindwal Sahib Power Project (Private) from GVK Power (Goindwal Sahib) Limited for an amount of Rs 14 billion. PSPCL emerged as the sole bidder […]

Company Release

MGL announces incorporation of Mahanagar LNG Private Limited

January 22, 2024

Mahanagar Gas Limited (MGL), one of the largest city gas distribution companies in India, announced the incorporation of Mahanagar LNG Private Limited, its joint venture with Baidyanath LNG Private Limited, the first company to set up […]

Company Release

DP WORLD sign MoUs with Gujarat government to strengthen logistics in India

January 22, 2024

DP World has signed multiple memorandums of understanding (MoUs) worth Rs 250 billion with the government of Gujarat, covering the development of new ports, terminals, and economic zones, strengthening its commitment to supporting trade in a growing […]

Company Release

ONGC Videsh incorporates wholly-owned subsidiary in GIFT City

January 22, 2024

Navratna company Oil and Natural Gas Corporation (ONGC) Videsh Limited (OVL) has incorporated a wholly owned subsidiary OVL Overseas IFSC Limited (OOIL) in GIFT City, Gujarat. This GIFT city entity will function as the Global […]

Company Release

Belden expands operations in India with phase 2 of its Pune plant

January 22, 2024

Belden Incorporated, a leading global supplier of network infrastructure and digitisation solutions, has marked a significant milestone in its operations in India with the groundbreaking ceremony of the expansion of its manufacturing facility in Chakan, […]

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Telecom

Indian Telecommunications Bill 2023 gets President’s assent

January 20, 2024

The Indian Telecommunications Bill, 2023 has received the President’s assent. The bill was introduced by the government in the lower house of Parliament on December 18, 2023, and was cleared by the Lok Sabha on […]

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Telecom

DoT extends M2M and WPAN/WLAN registration to all entities

January 20, 2024

The Department of Telecommunications (DoT) has extended machine-to-machine (M2M) and wireless personal area network (WPAN)/wireless local area network (WLAN) registration to all entities in the telecom business. All business entities, including companies, government departments/organisations and […]

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Telecom

TEC brings 37 more telecom products under ambit of SCS

January 20, 2024

The Telecommunication Engineering Centre (TEC) has brought 37 more products under the Simplified Certification Scheme (SCS) with effect from January 1, 2024, in an effort to reduce the time taken for certification from eight weeks […]

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Telecom

USOF to be enlarged and used to boost telecom equipment manufacturing

January 20, 2024

The Universal Service Obligation Fund (USOF), renamed Digital Bharat Nidhi under the Indian Telecommunications Bill, 2023, is expected to be utilised as a mega-money source for research and development in networking and telecom equipment manufacturing. […]

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Telecom

Government received investments worth Rs 27.25 billion under PLI scheme for telecom gear manufacturing till end October 2023

January 20, 2024

The government has informed Parliament that it has received Rs 27.25 billion in investments till October 2023, out of the total Rs 40.14 billion committed by 42 applicant companies under the production-linked incentive (PLI) scheme […]

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