NTPC Limited has partnered with the Indian Army to establish a solar hydrogen-based microgrid at Chushul in Ladakh, to provide stable, renewable power for off-grid army locations. The microgrid system, designed by NTPC, will generate […]
JSW Steel has entered into a share purchase agreement to acquire a 100 per cent stake in thyssenKrupp Electrical Steel India (tkES India) unit in Nashik through a 50:50 joint venture (JV) with JFE Steel […]
Ambuja Cement has entered into an agreement to acquire a 46.8 per cent stake in Orient Cement for Rs 81 billion. The move aligns with the company’s aim to increase the cement capacity. The acquisition […]
Adani Road Transport’s two special purpose vehicle (SPVs), accepted bids worth Rs 11.25 billion against the bond issue. Mancherial Repallewada Road accepted bids worth Rs 2.37 billion (8.28 per cent coupon rate) through six-year and […]
The Asian Development Bank (ADB) has sanctioned a $434.25 million loan to support renewable energy development and strengthen energy security in Assam. Reportedly, the Assam solar project will establish a 500 MW grid-connected solar photovoltaic […]
The International Copper Association (ICA) has elected Hindalco Industries Limited as its newest member. Operating since 1958, Hindalco Industries Limited, the metals flagship company of the Aditya Birla Group, is an industry leader in copper […]
The Centre has approved two highway upgradation projects with a combined investment of Rs 11.55 billion to boost connectivity and drive economic growth in Andhra Pradesh and Madhya Pradesh. The initiative includes a Rs 2.52 […]
National High Speed Rail Corporation Limited (NHSRCL) completed the 60 m long steel bridge in Bajwa-Chhayari section under the Mumbai-Ahmedabad high-speed rail (HSR) corridor project. The project involves development of the 508.17 km long Mumbai-Ahmedabad […]
The Asian Development Bank (ADB) has approved a loan of $241.3 million to improve power distribution in West Bengal, India. The program will undertake the replacement of low-tension overhead lines with aerial bundled cables and […]
Mormugao Port Authority has become the first Indian port to be listed as an incentive provider on the environment ship index (ESI) portal, acknowledged by the International Association of Ports and Harbours (IAPH). This achievement […]
The Sabarimala Greenfield Airport, Kerala has witnessed the completion of the field survey related to the social impact assessment (SIA) of the land acquisition for the airport’s construction. The survey for the SIA commenced on […]
Delhi Jal Board (DJB) has started sprinkling anti-foaming solutions to curb the toxic froth around Okhla barrage on October 22, 2024. Using around 12 to 15 tonnes of the agent, the process will continue till […]
Indian Railways is likely to commence testing of Vande Bharat Sleeper trains by November 15, 2024, as the first fully air conditioned (AC) trainset having a passenger capacity of about 820 arrived at the Integral Coach […]
The Department of Industries and Tourism, Government of Bihar inaugurated the state’s first dry port and inland container depot (ICD) at Bihta on October 21, 2024. The state-of-the-art facility is developed by Pristine Magadh Infrastructure […]
The government of Madhya Pradesh has granted in-principle approval for the Indore-Ujjain metro rail project. Additionally, a separate track is expected to be laid for the rapid rail transit system between Indore and Ujjain. Plans are […]
The Ministry of Road Transport and Highways (MoRTH) has announced that the defect liability period for engineering, procurement, and construction (EPC) contracts will be extended from 5 to 10 years. The roads built under the […]
The Ministry of Coal has opened the bids for the 10th round and the second attempt of the 9th and 8th rounds of commercial coal mine auctions. For the 10th round, 43 bids were received for 16 coal mines […]
Southern Railway has commenced the construction work for 854.5 m long Aroor-Kumbalam railway bridge in connection with the Kumbalam-Thuravoor rail line doubling project. It is expected to be completed in two years. The project involves […]
Notably, Mahanagar Gas Limited (MGL) has commissioned over 350 compressed natural gas (CNG) stations across the Mumbai Metropolitan region. MGL is one of the country’s leading natural gas distribution companies. It has a natural gas […]
The Ministry of Railways has approved the final location survey (FLS) for the Bihar Sharif-Nawada new railway line project at an estimated cost of Rs 8.27 million. The project involves construction of a new 36.6 […]
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