As per CRISIL, asset reconstruction companies (ARCs) are projected to see recovery rates for stressed road projects improve by 700-1000 basis points (bps) in 2024-25, following a doubling to 50-55 per cent in 2023-24. This […]
Gurugram Metro Rail Limited (GMRL) is planning to extend the Sector-5 metro station to Gurugram Railway station via a 1 km metro line under the HUDA City Centre-Cyber City metro rail project. The project involves […]
The Bidhannagar Municipal Corporation has prepared a detailed project report (DPR) for the upgradation of water supply pipeline in Salt Lake, West Bengal. The DPR has been submitted to the Urban Development Department for review […]
The construction work on the Kerala Hill Highway Project is likely to be completed by the end of 2026. The project, being implemented by the Public Works Department, Kerala, involves construction of 1,267 km long […]
Avaada Aqua Batteries, a wholly owned subsidiary of Avaada Group, has signed a memorandum of understanding (MoU) with the Rajasthan government to develop a 1.2 GW pumped storage project (PSP). The project will be established […]
The Telecom Regulatory Authority of India (TRAI) has directed mobile operators to publish geospatial coverage maps on their websites, detailing the areas where they provide wireless voice and broadband services. This initiative is part of […]
Maharashtra Natural Gas Limited (MNGL) has increased the price of compressed natural gas (CNG) by Rs 2 per kg with effect from November 22, 2024. The revised CNG price stands at Rs 87.90 per kg […]
The government of Uttar Pradesh has approved the Noida Sector 51-Knowledge Park V metro project. Besides, Rs 3.94 billion will be borne each by the union government and state government. Additionally, the state will allocate […]
Northern Railway’s (NR’s) Electric Loco Shed in Ghaziabad, under the Delhi division, has deployed KAVACH on its 100 locomotives. Meanwhile, South Eastern Railway (SER) has planned to complete KAVACH deployment over its network by 2028.
The Ministry of Coal has commenced the 10th round of commercial coal mine auctions, auctioning five mines on the first day with combined geological reserves of 2,630.77 million tonnes and a peak rated capacity of 12 […]
The Ministry of Power has launched Convergence Energy Services Limited’s (CESL) ‘Electric Vehicle (EV) as a Service’ programme to promote the adoption of EVs in government offices. The initiative aims to deploy 5,000 electric cars […]
Concerned about the slow progress on the six-lane Mohansarai-Lehartara road project, the district administration has set December 31, 2024, as the deadline for its completion. The road, a critical link between Varanasi city and the […]
During October 2024, the Indian major ports handled 68.22 million tonnes (mt) of cargo traffic, compared to 70.46 mt in October 2023, registering a decline of 3.18 per cent. Port-wise, the Deendayal Port handled the […]
Mahanagar Gas Limited (MGL) has increased the price of CNG by Rs 2 per kg to with effect from November 22, 2024. The revised CNG price stands at Rs 77 per kg. MGL is one […]
The Expert Appraisal Committee of the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended the extension in the validity of environmental clearance and coastal regulation zone clearance for the Vizhinjam International Container Transhipment Terminal […]
Rail Vikas Nigam Limited has commenced work on Esplanade metro station under the Kolkata metro expansion project. The project involves expansion of the existing metro rail network in Kolkata, West Bengal by 88.55 km with […]
The Bruhat Bengaluru Mahanagara Palike (BBMP) aims to complete tunneling for an 18 km underground road between Hebbal and Silk Board Junction in three years, with an additional 12 months for road and operational works. […]
According to the government, the fleet of domestic airlines is likely to rise by 600, to reach a fleet of 1,400 in the next five years. The fleet size currently stands at around 800 aircraft. […]
The Ministry of New and Renewable Energy has set specific terms for real estate developers and promoters to avail central financial assistance under the PM Surya Ghar: Muft Bijli Yojana (PMSGY). According to the new […]
Nokia has been awarded a multi-year; multi-billion extension deal by Bharti Airtel to deploy 4G and 5G equipment across key Indian cities and states. As per the contract, Nokia will deploy equipment from its cutting-edge […]
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