SCR has completed 100 per cent work on the Manmad-Mudkhed-Dhone railway electrification project. The project involved electrification of the 783 km long Manmad-Mudkhed-Dhone railway line in Madhya Pradesh and Maharashtra with an investment of Rs […]
Rewari Gati Shakti cargo terminal has been inaugurated to facilitate freight services of railways. It has been commissioned by Dedicated Freight Corridor Corporation of India Limited (DFCCIL) at new Rewari station of Western Dedicated Freight […]
The construction work on Anand Vihar-Apsara Flyover Project is expected to be completed by June 2024. It was earlier expected to be completed by April 2023, however, the work has been delayed due to construction […]
The joint venture (JV) of Dhatarwal Construction Company-PRL Projects and Infrastructure Limited received LoA worth Rs 8,069.10 million for implementation of Falakata-Salsalabari Four Laning Road Project (NH-31D, New NH-27) (Package IIA) (Balance Works). Bids for […]
IRB Infrastructure Trust has successfully concluded an upfront payment of Rs 61.11 billion to the NHAI for toll operate transfer (TOT) projects. This payment includes concession fees of Rs 44.28 billion for TOT- 12 and […]
The NHAI has set a new benchmark in 2023-24 by spending a record Rs 2,070 billion on the construction of national highways. This marked a significant 20 per cent increase from Rs 1,730 billion spent […]
The Ministry of Power (MoP) has urged the TPPs to engage in advance planning for electricity generation and to avoid maintenance during the upcoming summer season due to anticipated high energy demand. This directive comes […]
TP Saurya Limited, a subsidiary of Tata Power Renewable Energy Limited, has commissioned a 200 MW solar project located in Bikaner, Rajasthan, for Tata Power Trading Company Limited, a subsidiary of The Tata Power Company […]
India Grid Trust (IndiGrid) has operationalised its first greenfield project, Kallam Transmission Limited (KTL) in Beed, Maharashtra. The project has been secured through tariff-based competitive bidding in December 2021 and will be developed on a […]
Indian Oil Corporation Limited has issued a request for proposals for 10 kilo tonnes per annumn green hydrogen generation unit. To be located at its Panipat refinery petrochemical complex, the project will be developed on […]
Alpex Solar Limited has declared receiving orders from the Jharkhand Renewable Energy Development Agency for the provision, setup, and initiation of 500 solar water pumping systems. These orders were secured under the Pradhan Mantri Kisan […]
Shapoorji Pallonji Group’s flagship infrastructure company Afcons Infrastructure Limited (AIL) has filed draft papers with SEBI to raise Rs 70 billion through an initial public offering (IPO). The company’s mega IPO is a combination of […]
Bharti Airtel’s subsidiary Bharti Hexacom’s IPO witnessed a strong response from investors during the last day of bidding process. A total of 1,23,24,80,626 bids were placed as against 4,12,50,000 equity shares offered. The issue was […]
The board of Indian Renewable Energy Development Agency (IREDA) has sanctioned a borrowing plan amounting to Rs 242 billion for the fiscal year 2024-25. The borrowing endeavour incorporates diverse methods of acquiring funds, highlighting IREDA’s […]
Vodafone Idea Limited (Vi) has received approval from its shareholders to raise Rs 200 billion through equity and equity-linked instruments. With shareholders’ approval in place, the company expects to complete the equity fund raise in […]
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