Bharti Airtel’s subsidiary Bharti Hexacom has received an approval from the Securities and Exchange Board of India (SEBI) for raising funds through an initial public offering (IPO), along with the issue of Jyoti Structures Limited. […]
The board of Bank of India (BoI) has given approval to raise Rs 100 billion via long-term infrastructure bonds in 2024-25 to fund infrastructure projects. Of late, many banks including SBI have issued infrastructure bonds […]
Air India Limited and Tata Advanced Systems Limited have signed an MoU with the Karnataka government to invest Rs 23 billion in various projects. Air India has proposed a maintenance, repair and overhaul facility, entailing […]
CleanMax has signed a 25-year long-term (PPA) with Bangalore International Airport Limited (BIAL) to generate and supply renewable energy from a 45.9 MW solar-wind captive power project under a special purpose vehicle (SPV), Clean Max […]
Snapshots from the 19th annual conference on Road Development in India, held on March 18-19, 2024 at Le Meridien, New Delhi. We thank our speakers, delegates, and sponsors for making this conference successful. •Ashish Modani, […]
The Japan International Cooperation Agency (JICA) has signed a loan agreement amounting to approximately Rs 28.09 billion (JPY 49.85 billion) for the construction of the second phase of the Chennai Peripheral Ring Road Project. The […]
The project viability report has been submitted for the Pune Metro Line 4 Project and Pune Metro Line 5 Project. As per the report, public-private partnership (PPP) mode is feasible. The proposal is likely to […]
Geotechnical survey work has commenced for the HUDA City Centre-Cyber City Metro Rail Project. The project involves development of 28.5 km long metro route in Gurugram, Haryana. It will be implemented by Gurugram Metro Rail […]
Tunnel boring machine (TBM) DZ-1090 has achieved the first tunnel breakthrough at Patna University station under Package PC-03 of the Patna Metro Rail Project – Phase I. Package PC-08 involves design and construction of single […]
The 3,900 m runway under Phase I of the Noida (Jewar) International Greenfield Airport Project has been completed. Work on the installation of radars and other technical apparatus is underway. Besides, 80 per cent of […]
Commercial operations at the expanded terminal, T1 under the Delhi Airport expansion project are likely to commence by May 2024. Additionally, T4 is likely to be commissioned by 2028-29. With this, the total capacity would […]
The Directorate General of Civil Aviation (DGCA) issued the Maa Mahamaya Airport Darima, Ambikapur a licence for the commencement of flight operations. The airport has acquired the 3-C VFR category licence, permitting the operation of […]
Vishnu Prakash R Punglia Limited has won a contract worth Rs 1.04 billion from the Haryana State Industrial and Infrastructure Development Corporation for the construction of a WTP at Industrial Model Township Kharkhoda in Sonipat, […]
Jaideep Infrastructure Private Limited won a contract worth Rs 2.47 billion for augmentation of the Barshi WSS from Ujjani Dam phase II at Solapur district in Maharashtra. Bids for the same were invited by the […]
The Nagpur Municipal Corporation approved the Pora river pollution abatement project in Nagpur, Maharashtra on March 12, 2024. The scope of work includes the laying of a 253 km long sewer line in Laxmi Nagar, […]
The government of Andhra Pradesh laid the foundation stone for the development of Darsi water supply scheme (WSS) in Ongole, Andhra Pradesh. The project aims to provide water supply to 42,000 people from Darsi town. […]
In a significant development, HCG Group is planning to invest Rs 5 billion for the development of CGD infrastructure in Gurugram, Haryana. It encompasses providing around 0.1 million domestic PNG connections by 2025 and 0.3 […]
In a notable development, the Union Government has inaugurated Indraprastha Gas Limited’s (IGL) PNG connections in 41 villages of Delhi under Dilli Gramodaya Abhiyan. The initiative involved laying around 100 km pipeline network entailing an […]
In a notable development, GAIL (India) Limited has commissioned the first small scale liquefied natural gas (LNG) plant in Vijaipur, Madhya Pradesh. It entailed an investment of Rs 1.5 billion. The Vijaipur facility features small […]
The GoK inaugurated four terminals under the Kochi Water Metro Project on March 14, 2024. The four terminals are South Chittoor, Mulavukad North, Cheranalloor and Eloor. The project involves development of an integrated water transport […]
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