Municipal Corporation for Greater Mumbai (MCGM) completed the tunnel digging work on a 3.56 km stretch of Bapat Nalla to Dharavi wastewater treatment plant (WWTP) tunnel under the Mithi River Rejuvenation Project. Currently, the second […]
The central government has commenced land acquisition for the construction of a 32 km long greenfield highway connecting the Vadhavan Port. Around 571 hectares (ha) of land will be acquired for the same. Moreover, the […]
Adani Green Energy Limited (AGEL) has successfully commissioned 551 MW of solar capacity delivering electricity to the national grid. The project is located in Khavda, Gujarat. AGEL reached this achievement in one year from the […]
The second edition of the India Energy Week (IEW) 2024 in Goa concluded successfully on February 9, 2024, with an announcement that the next edition of the global energy conclave will be held at Yashobhoomi […]
Renewable energy InvIT SEIT has received an investment of Rs 4.86 billion from the AIIB. The InvIT possesses eight operational solar power generation assets with a total capacity of 1.54 GWp, spread across various locations […]
The Sustainable Energy Infra Trust (SEIT), an infrastructure investment trust (InvIT) backed by the Mahindra Group and the Ontario Teachers’ Pension Plan Board (OTPP), has successfully raised Rs 22.62 billion through an initial offer of […]
REC Limited declared a successful fundraising of approximately Rs 35 billion through a green bond issuance. Under its global medium-term notes programme of $10 billion, the company issued its first set of green bonds totalling […]
The Asian Development Bank has allocated financial assistance amounting to Rs 13.74 billion for the Imphal Ring Road Project in Manipur. The foundation stone for this project, worth Rs 17.66 billion which commenced in 2015-16 […]
SBI is in advanced negotiations to downsell half of its approximately Rs 110 billion loan exposure to the Adani Group’s Ganga Expressway project. After a year of disbursing loans to this significant tolled road initiative, […]
Cleantech Solar has procured a long-term senior secured loan facility of Rs 6.25 billion from Tata Capital Limited. The funds obtained will bolster Cleantech Solar’s open access portfolio in India. A part of the drawdown […]
Brookfield Asset Management-backed India Infrastructure Trust (India Infra InvIT) will raise Rs 64.52 billion via NCDs to refinance the debt taken to acquire the East-West gas pipeline from Reliance Industries Holdings. The proceeds will be […]
The New Development Bank has signed a loan agreement worth Rs 41.44 billion ($500 million) for the Gujarat Rural Road Programme. The project is being implemented under the Mukhya Mantri Gram Sadak Yojana in Gujarat. […]
The National Asset Reconstruction Company of India (NARCL) is seeking to raise Rs 27 billion in debt to expedite the purchase of stressed loans. NARCL is in talks with private and government-owned banks to raise […]
Yotta Data Services Private Limited and its subsidiary NMDC Data Centre Private Limited have raised over Rs 13.57 billion through a long-term loan from State Bank of India (SBI). The entire loan facility includes a […]
Adani Green Energy Limited has raised Rs 23.38 billion through a private placement of warrants to Ardour Investment Holding Limited. A total of 63,143,677 warrants, valued at Rs 1,480.75 each were issued. Upon conversion and […]
The National Highways Authority of India (NHAI) has sanctioned funds worth Rs 4,100 million for the implementation of the Raniganj Four Lane Bypass Project (Sahibganj Mor-Mangolpur Mor stretch) (NH-14, NH-19). The project involves the construction […]
The Odisha government has allocated funds worth Rs 10 billion for the Trishulia-Bhubaneswar Airport Metro Rail Project under state budget 2024-25. The project involves the construction of a 26 km-long elevated metro rail corridor from […]
The West Bengal government inaugurated a water treatment plant (WTP) at Uttarpara-Kotrung in Hooghly, West Bengal, on February 13, 2024. The scope of work included the development of a WTP with a capacity of 55 […]
The central government inaugurated sewerage projects at Mathura and Moradabad in Uttar Pradesh on January 25, 2024. These include the Mathura Sewerage Project Zone I, which involves the construction of a 30 mld STP, the […]
Under the interim budget 2024-25, the Ministry of Jal Shakti (MoJS) has received an allocation of Rs 984.18 billion. The allocation is 1.93 per cent higher than the revised estimate of Rs 965.48 billion for […]
COPYRIGHT © 2016- 2025 | INDIAN INFRASTRUCTURE