The Highways Infrastructure Trust has emerged as the highest bidder for the monetisation of the 251.5 km toll-operate-transfer (TOT) Bundle 16 under the National Highways Authority of India (NHAI). Bids were invited in December 2023, […]
India’s infrastructure development has been a key driver of economic growth, with road tunnel construction playing a crucial role in improving connectivity across the country. With the rising demand for more efficient and reliable transportation […]
The Indian civil aviation industry has witnessed significant progress in recent years. Regional connectivity, in particular, has seen major advancements with the introduction of new routes and other initiatives backed by government support. At a […]
The Union Budget 2024-25 focuses on enhancing energy security and advancing the country’s energy transition goals. It demonstrates a commitment to promoting cleaner and affordable power generation from conventional sources of power, while significantly expanding […]
As India continues its rapid economic development, the challenge of balancing industrial growth with environmental responsibility has become increasingly important. The country’s manufacturing and heavy industries, while crucial for economic progress, are also significant contributors […]
A new scheme named Jal Hi Amrit, under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) 2.0, has been approved by the central government. The scheme aims to incentivise state governments and union territories […]
The Tripura government laid the foundation stone for an Asian Development Bank-funded water supply scheme in Tripura on September 20, 2024. The project aims to provide water supply to 12 towns, namely, Udaipur, Amarpur, Belonia, […]
The Government of West Bengal inaugurated Phase I of the Gajoldoba drinking WSS at Jalpaiguri in Siliguri, West Bengal under AMRUT 2.0 on September 13, 2024. Under Phase I, a 28 km long pipeline from […]
REC Limited has signed an MoU with the Rajasthan government to provide a Rs 50 billion loan facility annually until 2030, aggregating to Rs 3 trillion. The MoU has been modified, increasing the commitment to […]
Launched in 2015, the Smart Cities Mission (SCM) aims to promote innovation in India’s urban ecosystems through the application of smart technology-based solutions. Its goal is to improve the quality of life for citizens in […]
At present, over 30 infrastructure investment trusts (InvITs), real estate investment trusts (REITs) and small and medium REITs (SM REITs) have been registered with the Securities and Exchange Board of India (SEBI). The regulations governing […]
The global dredging market is currently valued at around $17 billion-$20 billion, and is expected to grow at a CAGR of 2.2 per cent to about $20 billion-$22 billion by 2034. The primary contributor to […]
The Air India Group has completed the operational integration and legal merger of Air India Express Limited and AIX Connect Private Limited (earlier known as AirAsia India) to form a low-cost carrier. The Directorate General […]
Afcons Infrastructure is planning for a pre-IPO placement of Rs 40 billion. The move will scale down the planned IPO size to be launched in October and potentially enhance the company’s credibility in the market. […]
The Securities and Exchange Board of India (SEBI) reduced the trading lot size of privately placed infrastructure investment trusts (InvIT) to Rs 2.5 million. The move aims to boost investor participation and increase the liquidity […]
REC Limited has raised $500 million through green dollar bonds for multiple renewable energy projects. This was part of a $10 billion global medium-term programme of the company. The 5-year note has a coupon rate […]
Power Finance Corporation (PFC) has raised a foreign currency term loan aggregating to $1.27 billion through a facility agreement with multiple banks based in IFSC GIFT City, Gandhinagar, including State Bank of India (SBI) being […]
The past few months have been eventful for the telecom sector, with the government making several concerted efforts to drive growth. These include spectrum auctions, the introduction of the Indian Telecommunications Act, 2023, and the […]
Amlan Talukdar has over three decades of expertise across various verticals in the oil and gas sector. Currently, he is working as the vice-president, managing projects and operations across the Haryana City Gas Group. Prior […]
Dinkar M. Jethva is executive director of Gujarat State Electricity Corporation Limited (GSECL). With a career spanning over three decades in the power sector, he began his journey at the Ukai TPS as a graduate […]
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