The Union Government has sanctioned funds worth Rs 4.66 billion for the Bhimnath-Dholera new railway line project. The project involves the laying of a 23.33 km long new railway line connecting Bhimnath and Dholera Special […]
The Uttar Pradesh Metro Rail Corporation (UPMRC) launched the tunnel boring machine (TBM) Azad from the ramp area near Swadeshi cotton mill on July 15, 2024. This launch marks the beginning of tunnel construction on […]
The North Central Railway has completed 30 km of doubling work between Ragaul-Yamuna South Bank section for the Jhansi-Khairar-Manikpur and Bhimsen-Khairar rail lines doubling project. The project involves doubling and electrification of existing 411 km […]
SpiceJet has reportedly appointed Joyakesh Podder as the new Deputy Chief Financial Officer (CFO). Podder is a Chartered Accountant and has an experience of more than 30 years in various large organisations in sectors including […]
Eagle Infra India Limited has won a contract worth Rs 809.82 million for the augmentation of Yavatmal water supply scheme under the Maharashtra Suvarna Jayanti Nagrothhan Mahabhiyan. Bids for the same were invited by the […]
The North Western Railway has achieved the electrification of total 5,291 route km (rkm) of its networks till June 30, 2024. This is 95 per cent of its cumulative broad-gauge network of 5,550 rkm. The […]
About 105 km pipeline has been laid in Tripura under the North-East Natural Gas Pipeline Grid. Besides, work on laying the remaining 148 km pipeline in the state is likely to be completed by March […]
The Union Minister of Ports, Shipping and Waterways announced the development of Tizu-Zunki river (National Waterways 101) for the economic development of Nagaland. Tizu and Zunki are the two most important waterways starting from Kiphire district […]
The Ministry of Coal has executed coal mining development and production agreements for three coal mines auctioned under the second attempt of the seventh round. Among the three mines, two are partially explored, while one […]
The Border Roads Organisation (BRO) is set to commence construction on a 40 km stretch from Karcham to Chitkul via Sangla in Himachal Pradesh’s Kinnaur district, which borders China. Currently, the road requires widening and […]
National High-Speed Rail Corporation Limited has completed the rail level slab of five bullet train stations under the Mumbai-Ahmedabad high-speed rail (HSR) corridor project. These are, Vapi, Bilimora, Surat, Anand and Ahmedabad stations. The project involves […]
In a notable development, AG&P Pratham has commissioned its ninth compressed natural gas (CNG) station in the Haveri district of Karnataka. With this, there are 25 CNG stations in the Uttara Kannada-Haveri-Shivamogga geographical area (GA). […]
The Ministry of Ports, Shipping, and Waterways has approved a research proposal on the valorisation of dredged sediments. The valorisation of dredged sediments refers to the reuse of sediments as raw material for civil engineering […]
Various firms have won contracts for the development of sewerage projects in Nagpur, Maharashtra under five packages. Bids for the same were invited by the Nagpur Municipal Corporation in January 2024. These include, Vishvaraj Environment Private […]
The Government of Telangana is planning to develop Hyderabad metro project phase-II in joint venture (JV) with Government of India (GoI). Besides, detailed project report for corridor VII (Lal Bahadur (LB) Nagar – Hayathnagar) is […]
A uniform integrated goods and services tax (IGST) rate of 5 per cent has been implemented on all aircraft and aircraft engine parts, effective from July 15, 2024. The tax rate earlier ranged between five […]
ACME Solar has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) valued at Rs 30 billion, with each share priced at […]
Inox Wind Limited (IWL) has completed the infusion of Rs 9 billion into the company by its promoter Inox Wind Energy Limited (IWEL). The funds were raised by IWEL in May 2024, through sale of […]
Norfund and DEG are considering a stake in KKR-backed India Grid Trust’s (IndiGrid) new power transmission platform, in a deal valued at approximately $250 million (Rs 20.88 billion). Few other interested buyers include British International […]
Operations at the new terminal of the Pune International Airport, Maharashtra commenced on July 14, 2024. The first flights were operated by Air India and Air India Express to New Delhi and Bhubaneswar respectively. The […]
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