As per reports, steps are being taken by the Shipping Corporation of India (SCI) to acquire five ships. With an approximate investment of Rs 20 billion, all ships are second-hand and of various types. The […]
The Gujarat Maritime Board (GMB) and Indian Navy have signed a memorandum of understanding (MoU) worth Rs 10.38 billion for two port projects. First, the construction of a breakwater and jetty in Porbandar (Indian Navy) […]
A high-level task force has been constituted by the Ministry of Ports, Shipping and Waterways (MoPSW) to oversee the establishment of the Indian Maritime Centre (IMC). The task force will provide policy direction for setting […]
As of December 2023, IR has equipped 597 stations with Divyangjan accessible and friendly amenities. The facilities include lifts and escalators for easier travel and access to the platforms. During 2014-23, a total of 1,144 […]
South Eastern Railway (SER) commissioned Ghatsila-Salga Jhari section of the Kharagpur-Adityapur railway third line project on January 18, 2024. The project involves development of a third line between Kharagpur and Adityapur in West Bengal and […]
The Union government has planned to commence 100 Amrit Bharat trains across India. For this purpose, around 200 engines and 2,200 coaches are being manufactured across all the factories of IR. There will be 22 […]
Indian Railways (IR) plans to launch 60 new Vande Bharat trains in 2024. For this, 35 pairs of the cities have been identified for the trains’ route and case studies are underway for another 50 […]
The MoRTH has earmarked 53 road projects valued at Rs 2.1 trillion for awarding under the build-operate-transfer (BOT) model. Among these, bids have been invited for seven highways covering 387 km, with an estimated worth […]
KKR-backed highways infrastructure trust (HIT) has acquired 12 road projects from PNC Infratech and PNC Infra Holdings. The enterprise value stands at Rs 90.05 billion, making it one of the most substantial acquisitions in the […]
PNC Infratech Limited received the Letter of Award (LoA) worth Rs 11.74 billion for implementation of Western Bhopal Four Lane Bypass Project (NH-46) on January 16, 2024. Bids for the same were invited by Madhya […]
The Government of Odisha has inaugurated Bhubaneshwar-Brahmagiri (Shree Setu) Four Lane Bypass Project in January 2024. The project involved construction of 2.5 km four lane bypass road from Bhubaneshwar to Brahmagiri in Puri at an […]
NHPC Limited has invited expression of interest (EoI) from companies based in India and globally for empaneling to set up offshore wind projects. To be located in India, the projects’ empanelment timeline will be five […]
The International Financial Services Centre (IFSC) has signed MoUs with the Indian Gas Exchange (IGX) and Gujarat State Petroleum Corporation (GSPC) to develop a mechanism for global hydrogen trading at GIFT city. This initiative, anticipated […]
REWA Ultra Mega Solar Limited (RUMSL) has issued requests for proposals for purchasing grid-connected firm and dispatchable clean power of capacity 400 MW. In order to fulfill the supply commitments, the developers are required to […]
The Ministry of New and Renewable Energy (MNRE) has established the incentive implementation structure for generating and delivering green ammonia at the most economical rate through a competitive selection procedure within mode 2A of the […]
NTPC Green Energy Limited has signed the memorandum of understandings (MoUs) with Gujarat State Petroleum Corporation Limited (GSPC) and Gujarat Pipavav Port Limited (GPPL) for the development of green hydrogen projects in Gujarat. The MoU […]
The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal for equity investment by two Coal India Limited subsidiaries for setting up two pithead thermal power plants (TPPs) of 2,260 MW. The total equity […]
Results for the SECI’s auction to develop 450,000 metric tonnes (mt) per annum generation facilities for green hydrogen have been announced. The tender for the project was issued in July 2023, under bucket I (with […]
The Ministry of Power (MoP) has notified Electricity (Amendment) Rules, 2024. As per rule 21, a generating company or person setting up captive generating plant or an energy storage system or consumer having load of […]
EVIFY, a startup in the electric vehicle (EV) logistics sector based in Gujarat, has secured $1.3 million in a pre-series A funding round. The funds will be utilised to support the company’s operational expansion within […]
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