The Ministry of Road Transport and Highways (MoRTH) has issued guidelines to promote the use of urban solid waste and inert materials in national highway construction, aiming for more sustainable practices. The move seeks to […]
Adani Total Gas Limited has secured funds over Rs 31.31 billion ($375 million) for expanding its city gas distribution (CGD) network across its 34 geographical areas (GA) spanning across 13 states. The inaugural financing of […]
A revised tariff will be applicable for vessels at JSW Jaigarh Port in Maharashtra, from October 1, 2024 onwards. All invoicing for services rendered will reflect the new tariff rates. Meanwhile, for all vessels previously […]
The Maharashtra government approved the renaming of the Pune airport, Maharashtra to Jagadguru Sant Tukaram Maharaj Pune International Airport. The proposal was approved by the state cabinet and would be sent to the central government […]
Gujarat Urja Vikas Nigam Limited (GUVNL) has announced a green financing fund during the 4th Global Renewable Energy Investors Meet and Expo (RE-INVEST). The fund will be developed in partnership with sovereign wealth funds, green […]
Seequent, the Bentley Subsurface Company, participated at Bentley Illuminate 2024, New Delhi. This exclusive conference, held on September 10, 2024, brought together India’s top infrastructure engineering decision-makers and industry experts to explore how digital transformation […]
The road ahead looks promising for infrastructure financing. A number of alternative and long-term funding avenues are being explored. These, along with bank lending and international loans, have kept up the pace of infrastructure development. […]
Over the past year, India has remained committed to infrastructure asset creation by leveraging innovative sources such as bonds and infrastructure investment trusts (InvITs). Non-banking financial companies and developmental institutions have become active in the […]
The Central government has approved Rs 65.85 billion for the development of seven national highway projects spanning 384 km in Andhra Pradesh. These projects cover key routes, including Kodumuru-Pericherla, Sangameshwaram-Nallakaluva, Nandyal-Kurnool, Vempally-Chagalamarri, Gorantla-Hindupur, Muddanuru-B Kothapalli, […]
Highways Infrastructure Trust (HIT) submitted the highest bid with an offer of Rs 66.61 billion for toll-operate-transfer (ToT) bundle 16. ToT bundle 16 comprises two stretches totalling 251 km on the Hyderabad-Nagpur corridor in Telangana. […]
HUDCO may extend loan assistance of Rs 750 billion to Rs one trillion under Pradhan Mantri Awas Yojna-Urban 2.0 (PMAY-U 2.0). HUDCO has been designated as one of the central nodal agencies for channelising interest […]
NTPC Green Energy filed its draft red herring prospectus (DRHP) for an initial public offering (IPO) to raise Rs 100 billion. The IPO will entirely comprise fresh equity issue. The company intends to employ Rs […]
The Central Government has sanctioned Rs 8.99 billion for two major national highway projects aimed at improving connectivity between Pune, Satara, and Solapur. The Dive Ghat to Hadapsar section on Palkhi Marg, spanning 13 km, […]
The tunnel boring machine (TBM) S-1327A, named Kaveri, commissioned by Larsen & Toubro Limited, has successfully achieved a breakthrough at Adyar Junction Station as part of line 3 under package TU-02 of the Chennai metro […]
Rail Vikas Nigam Limited has completed around 176 km out of the total 213 km of tunnelling work under the Rishikesh-Karanprayag new rail line project. The project involves laying of a 125.09 km long new […]
Indian Railway (IR) has received a total of 2,000 forged wheels from Switzerland’s KLW Wheelco SA (KLW). In tune with this, another 3,500 forged wheels are in transit from Ukraine. The wheels, manufactured in Ukraine’s Dnipro […]
Princeton Digital Group (PDG) is driving an investment programme of $1 billion in India as part of its $5-billion investment programme for artificial intelligence (AI)-ready data centres in Asia. The company stated that it is […]
Inland Waterways Authority of India (IWAI) has felicitated one huge over dimensional cargo (ODC), a vacuum tower, headed towards Numaligarh Refinery. The ODC was ferried by MV Tidal Waves IV vessel from Kolkata via the […]
Tata Power Renewable Energy Limited (TPREL) has secured a letter of award (LoA) from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the development of a 400 MW wind-solar hybrid project in Maharashtra. According […]
The infrastructure financing landscape has undergone a substantial evolution, driven by financial and policy support. It has further benefited from the expanding role of global funds, and the offtake of infrastructure investment trusts (InvITs). Moreover, […]
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