A total of five firms have won licenses for development of city gas distribution (CGD) networks in eight geographical areas (GA) under round 12 and 12A of CGD bidding. The successful bidders under round 12 […]
On March 5, 2024, the Prime Minister of India virtually inaugurated Container Corporation of India Limited (CONCOR) Gati Shakti multi-modal cargo terminal, Jajpur-Keonjhar Road, Odisha. Simultaneously, the first container train was flagged off, which started […]
The MoRTH has mandated the installation of sensors on bridges, including devices to detect corrosion, for real-time health monitoring. The guidelines issued by the ministry apply to all agencies involved in the development and management […]
The Ministry of Power has amended the Electricity (Late Payment Surcharge and Related Matters) (Amendment) Rules, 2024 in order to ensure adequate supply of electricity to meet the growing demand in the country. The amendments […]
The Uttar Pradesh Cabinet has approved implementation of the Lucknow Metro Rail Project (East-West Corridor). The project involves extension of the metro rail network in Lucknow city of Uttar Pradesh. The corridor will span a […]
The Union Government inaugurated various sections of Agra, Pune, Kolkata and Kochi Metro and Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) projects on March 6, 2024.These include: Howrah Maidan-Esplanade stretch of the Kolkata East-West Metro Project, […]
Gujarat Metro Rail Corporation (GMRC) commenced commercial operations at Kankaria East station under East-West Corridor (Thaltej-Vastral) of the Ahmedabad-Gandhinagar Metro Rail Project -Phase I on March 4, 2024. Besides, work at Sabarmati station is almost […]
The construction work for a new building of terminal T2 under the Chennai airport modernisation project-phase II is likely to commence by end of March 2024. The terminal will be developed on an area of […]
The Union Government has granted working approval for land acquisition to the Government of Chhattisgarh for 286.65 acres under the Bilasa Airport expansion project. The State has to deposit Rs 704.92 million in exchange for […]
The Madhya Pradesh Urban Development Company has completed the Khargone water supply scheme in Madhya Pradesh. The scope of work included the construction of a 30 mld water treatment plant, 300 km long distribution network […]
Notably, the union government has inaugurated 201 compressed natural gas (CNG) stations across 52 GAs covering 17 states. The stations developed by 15 CGD entities of GAIL Group include 53 of GAIL Gas Limited, 50 […]
In a notable development, the union government has flagged off first crude oil tanker, Swarna Sindhu, from cluster-II fields of the KG-DWN-98/2 (KG-D5) block. The tanker would transport crude oil from the deep waters of […]
The Ministry of Ports, Shipping and Waterways (MoPSW) has recently approved re-construction of berth no. 8 and mechanisation of berth nos. 7 and 8 at Netaji Subhash Dock of Kolkata Dock System (KDS), Syama Prasad […]
The Union Government inaugurated various rail projects in West Bengal on March 1, 2024. The first is the 90-km long Jhargram-Salgajhari rail section of the Kharagpur-Adityapur railway third line project which involves development of a […]
The Union Government inaugurated the Bansapani – Daitari – Tomka – Jakhapura rail section on March 5, 2024. The project involved doubling of a 180 km long existing rail line between Banspani and Jakhapura via […]
J Kumar Infraprojects Limited has received letters of award (LoAs) for implementation of various road projects in Maharashtra. For Grant Road-Eastern Freeway Elevated Road Project, a joint venture (JV) of J. Kumar Infraprojects Limited (70 […]
JSW Energy has inked a battery energy storage purchase agreement with Solar Energy Corporation of India (SECI). The agreement pertains to 250 MW/500 MWh of standalone battery energy storage, representing the initial portion of the […]
The Uttar Pradesh government has approved a green hydrogen policy, and a proposal for setting up two units of 800 MW in Anpara in collaboration with NTPC at a cost of Rs 86.24 billion. Under […]
Edelweiss Infrastructure Yield Plus II has raised about Rs 80 billion (about $967 million) for the alternative investment fund (AIF), from limited partners (LPs) including global pension funds, domestic and offshore institutions, family office and […]
Matrix Gas and Renewables has secured Rs 3.5 billion in the pre-IPO round. With this recent capital infusion, Matrix is now poised to expedite its growth endeavors, focusing on increasing market presence in gas aggregation, […]
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