The Ministry of Ports, Shipping and Waterways (MoPSW) is planning to expand its shore-to-ship power infrastructure and revise policy guidelines for Indian ports to have the infrastructure to supply shore power to large export-import vessels, […]
Various water supply projects in Guwahati are likely to be completed by December 2025. These projects include the North and South-Central Guwahati Water Supply project which involves the construction of water supply facilities in the […]
India Ratings and Research (Ind-Ra) expects the cement sector to witness further consolidation in the near-to-medium term, given the aggressive medium-term capacity targets of leading players that are unlikely to be fully achieved organically. Khushbu […]
Nxt-Infra Trust, an infrastructure investment trust (InvIT) sponsored by Actis, has raised Rs 15.20 billion in its initial fundraise. The InvIT holds six road assets that were acquired by Actis from the Welspun group in […]
Bank of India (BOI) is planning to raise up to Rs 50 billion via infrastructure bonds, shortly after the State Bank of India’s (SBI’s) infrastructure bonds issuance. India Ratings has assigned “AA+” rating to the […]
ACME Solar Holdings, renewable energy producer, has filed for a Rs 30 billion public issue. Around Rs 20 billion will be raised through issuance of fresh shares, while the founder entity ACME Cleantech Solutions intends […]
The World Bank has sanctioned $1.5 billion in funding to support India’s initiatives in advancing low-carbon energy development. As part of the second programmatic development policy operation for low-carbon energy, this initiative seeks to promote […]
The Mangaluru International Airport, Karnataka witnessed the formal launch of international cargo operations on July 5, 2024. This follows approximately one year after the commencement of domestic cargo services at the airport in May 2023. […]
South Eastern Railway (SER) has commissioned 121.5 km out of the total 132 km of the Kharagpur-Adityapur railway third line project. The project involves the development of a third line between Kharagpur and Adityapur in […]
The Ministry of Housing and Urban Affairs (MoHUA) has granted in-principle approval of underground stretches of phase I of Chandigarh, Panchkula, and Mohali (Tricity) metro project. The underground stretches are proposed from PGI to Transport […]
The central government has given in-principle consent to TUECO, a joint venture of UJVN Limited and THDC India Limited, to set up a coal-based thermal power plant (TPP) in Uttarakhand. The Central Electricity Authority had […]
The Ministry of New and Renewable Energy (MNRE) has issued the guidelines for funding of testing facilities, infrastructure, and institutional support for development of standards and regulatory framework under the National Green Hydrogen Mission (NGHM). The […]
Indian Railways (IR) has planned to manufacture a total of 10,000 non-air conditioned (AC) coaches by 2026. This will be done to enhance passenger capacity and solve the issues of congestion and over-crowding in the […]
As per the Indian Ports Association, Indian major ports handled a cargo volume of 69.08 million tonnes (mt) in June 2024, an increase of 6.8 per cent year-on-year (YoY), as compared to June 2023 (64.94 mt). […]
Investment Information and Credit Rating Agency (ICRA) expects cement volumes to rise by a healthy 7 to 8 per cent year-on-year (YoY) in FY 2025, driven by sustained healthy demand from the infrastructure and housing […]
The Ministry of Railways (MoR) has allocated funds worth Rs 1.85 billion for the Kopri Elevated Railway Station Project. The project involves the development of an alternative station at Kopri, between Thane and Mulund railway […]
The Centre has approved Rs 240 billion for the construction of a four-lane road from Umiam to Silchar via East Jaintia Hills district to improve the road connectivity to Assam, Mizoram, and Tripura. Of the total […]
Afcons Infrastructure Limited has commenced the construction work under Package KBC3 for the Kochi metro rail project phase II. The work is likely to be completed by March 2026. The project involves the development of […]
Gujarat Gas Limited has increased the price of industrial piped natural gas (PNG) supply by Rs 2 per standard cubic meters (scm) to Rs 44.68 per scm in Morbi, Gujarat with effect from July 4, […]
The Lokpriya Gopinath Bordoloi International Airport (LGBI) at Guwahati, Assam has appointed Ashwin Noronha as the Chief Airport Officer, taking the place of Utpal Baruah. Noronha previously served as the Chief Operating Officer at the […]
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