Indian Railway (IR) is likely to utilise nuclear power for achieving its net zero carbon emissions target by 2030. For this purpose, IR is expected to consult with Nuclear Power Corporation of India Limited (NPCIL) […]
The Ministry of Power has issued draft tariff based competitive bidding (TBCB) for procurement of storage capacity/stored energy from pumped storage plants (PSP). The draft proposes a single-stage two-part bidding process, consisting of technical and […]
Indraprastha Gas Limited (IGL) has inaugurated 21 km steel pipeline from Fatehpur to National Highway (NH-19) and NH-335 in Kanpur, Uttar Pradesh. IGL is an Indian natural gas distribution company that supplies natural gas as […]
East Coast Railway (ECoR) has completed 9.1 km out of the total 12.7 km tunnel work in connection with the Khurda road-Bolangir new line project. It is expected to be completed by end-2025. The project […]
Renovation works at the old terminal building of the Pune airport in Maharashtra are likely to commence in October 2024. The expected completion of the project is by March 2025. The old terminal building will […]
Southern Railway is expected to commence construction work for the redevelopment of Thiruvananthapuram central railway station project soon. The project involves major upgradation of Thiruvananthapuram central railway station to act as a multi-modal connectivity hub […]
As per CRISIL, the revenue growth of road engineering, procurement, and construction companies will moderate to 5-7 per cent in the 2025-26, due to a decline in national highway project awards impacting their order books. […]
North Western Railway has achieved electrification on 5,312 route km (rkm) of its networks till August 2024. This is 98 per cent of its cumulative broad-gauge network of 5,550 rkm. Currently, the zone is operating […]
Uttar Pradesh will complete its inaugural integrated green road project in Meerut under the Chief Minister Green Road Infrastructure Development Scheme. This project will transform a 2.15 km stretch of Gadh Road, extending from Gandhi […]
Asian Infrastructure Investment Bank (AIIB) has approved loan worth Rs 9.14 billion for Kochi metro rail project phase II. Kochi Metro Rail Limited is likely to sign the loan agreement with AIIB in October 2024. […]
REC Limited has signed a memorandum of understanding (MoU) with the Jawaharlal Nehru Port Authority (JNPA) to provide funds up to Rs 450 billion for various upcoming JNPA projects. This includes development of Vadhavan Port […]
National High-Speed Rail Corporation Limited (NHSRCL) is expected to complete 1.4 km of bridge work over the Narmada river on the Mumbai-Ahmedabad high-speed rail (HSR) corridor project in Gujarat soon. Besides, 19 out of the […]
JSW Renew Energy Twenty Limited, a subsidiary of JSW Energy Limited, has signed a power purchase agreement (PPA) with Bangalore Electricity Supply Company Limited (BESCOM) for 300 megawatt (MW) solar project awarded by Karnataka Renewable […]
Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited, has announced partnership with ICICI Bank, to provide loans to finance the purchase of solar panels or units for residential and corporate […]
REC Power Development and Consultancy Limited (RECPDCL) has transferred two project specific special purpose vehicles (SPV): Rajasthan IV-C Power Transmission Limited for Rs 185.2 million and Rajasthan IV-E Power Transmission Limited for Rs 185.4 million […]
Indian Renewable Energy Development Agency (IREDA) is in discussions to raise Rs 45 billion. The company is planning to raise funds through multiple channels, such as further public offering (FPO), qualified institutional placement (QIP), preferential […]
Vanguard Group has purchased over 11.4 million units of Nexus Select Trust for Rs 1.58 billion through open market transactions, while Morgan Stanley sold its stake in the REIT. Vanguard acquired 1,14,50,476 units, equivalent to […]
To support the development, construction, operations and maintenance of a 400 MW solar PV plant in Gujarat, India, Engie will receive Rs 14.6 billion in the form of a project finance senior debt facility in […]
Reportedly, M Suresh, Member, Air Navigation Services, Airports Authority of India (AAI) has been assigned with an additional charge as the Chairman of AAI. Suresh is likely to hold the post for three months, or […]
The government of Assam has announced a 7 km long elevated road valued at Rs 12 billion in Silchar town. The project will be executed in two phases. Phase I will stretch from Capital Point […]
COPYRIGHT © 2016- 2025 | INDIAN INFRASTRUCTURE