The government has set a provisional target of constructing 10,421 km of national highways for 2024-25, 15 per cent lower than 2023-24 achievements due to election-related delays in state clearances. From April to June 2024-25, […]
Capacity has been revised by 6.15 km under the Chandigarh, Panchkula, and Mohali (Tricity) metro project making the new capacity as 85.65 km. An extension of about 3.5 km has been made from Zirakpur to […]
The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) recommended grant of environment clearance (EC) and coastal regulation zone (CRZ) clearance for development of multipurpose cargo berth (berth no. […]
Indraprastha Gas Limited (IGL) has reported 8 per cent decrease in net profit in the first quarter of the financial year (FY) 2024-25. The net profit during the quarter stood at Rs 4.8 billion as […]
India’s power demand has been growing rapidly, keeping pace with economic activity and industrial growth, as well as for meeting its energy needs in the prevailing heatwave. On May 30, 2024, the country met the […]
CG Power and Industrial Solutions has signed a definitive agreement to acquire a 55 per cent stake in G.G.Tronics India (GGT) for Rs 3.19 billion. The acquisition is expected to be concluded on or before […]
Indian Railways has planned to allocate a sum of Rs 1.08 trillion for railway safety initiatives. This is about 41 per cent of Rs 2.62 trillion allocated in the Union Budget 2024-25 for the railways […]
Track construction works have commenced on the Kanpur Central-Transport Nagar stretch of corridor 1 (Indian Institute of Technology-Naubasta) under the Kanpur metro rail project phase 1. The casting of the track slab will be followed […]
India has secured the operational rights for a terminal at Mongla Port in Bangladesh. It is the second largest port in Bangladesh, and lies close to the shore of the Bay of Bengal and the […]
Adani Renewable Energy Forty One Limited, a wholly-owned step-down subsidiary of Adani Green Energy Limited, has operationalised 250 MW of wind power project at Khavda, Gujarat. The plant has India’s largest and one of the […]
The joint venture (JV) of Kalpataru Projects International Limited (KPTL) and Ohitan won a contract worth Rs 15.46 billion for implementation of the 24X7 Ludhiana Bulk Water Supply project in Punjab. Bids for the same […]
The construction of two significant national highway projects in Odisha, the coastal highway and the capital region ring road, is set to begin soon. The 413 km long, four-lane Coastal Highway will be built at […]
In a notable development, piped natural gas (PNG) tapping point has been installed at the terminal 3 (T3) of Lucknow Airport. Green Gas Limited, a joint venture of GAIL (India) Limited and Indian Oil Corporation […]
Vedanta Aluminium, India’s largest aluminium producer, in partnership with NITI Aayog and leading national institutions, recently hosted a high-level stakeholder meeting to identify sustainable applications for red mud, a key byproduct in the bauxite refining […]
With a long coastline and numerous high potential wind sites, India has huge opportunities to set up offshore wind projects. However, this segment remains largely untapped, with no offshore wind project having been set up. […]
National High-Speed Rail Corporation Limited has commenced track works on the Surat-Bilimora section under the Mumbai-Ahmedabad high-speed rail corridor project. Currently, around 70 km of railway track slabs have been completed. The project involves the […]
The Board of JSW Infrastructure has recently approved the acquisition of an under-development slurry pipeline project (port connectivity) from JSW Utkal Steel Limited for Rs 17 billion. This is a 20-year long-term take-or-pay agreement for […]
Delhi Metro Rail Corporation (DMRC) has partnered with Airtel Payments Bank to offer enhanced digital ticketing solutions for passengers. Under this partnership, Airtel Payments Bank will manage the maintenance and processing of digital payment solutions […]
The Maharashtra State Road Development Corporation (MSRDC) is set to float bonds worth Rs 277.50 billion to fund the Pune Ring Road project and the Virar-Alibaug multimodal corridor. Of this, around Rs 222.50 billion will […]
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