As of December 2023, Indian Railways (IR) has deployed a total of 216.36 megawatts (MW) of solar power. While during 2023, around 71.37 MW was installed which includes 21.37 MW from rooftop based solar plants […]
A total of five firms have been shortlisted as technically qualified for implementation of the Digha-Sonepur Six Lane High Level-Extra Dosed Cable Bridge Project (NH-139W). These include Kalpataru Projects International Limited, Larsen & Toubro Limited […]
GR Infraprojects Limited has received the completion certificate (CC) for completion of Package II of the Panipat-Nagina Two/Four Laning Highway Project (NH-709AD). It has been declared fit for entry into commercial operation as on January […]
The MoRTH has sanctioned funds worth Rs 3,437 million for Mangaluru-Mudigere-Tumkur Two Laning Road Project (10 km stretch) (NH-73) in Karnataka. The project involves widening of 10.8 km into two lane road under EPC mode.
The MoRTH is set to transition from the lowest bidder (L-1) process to a quality-cum-cost-based selection method for road project bidding. This move aims to enhance construction quality and road safety. The shift to qualitative […]
Hero Future Energies and the Uttar Pradesh government signed an MoU to invest Rs 40 billion in a renewable energy and clean technology project. Hero Future Energies currently has 3 GW of renewable energy assets […]
The Ministry of New and Renewable Energy has introduced amended guidelines for the PM-KUSUM programme, replacing the prior memo and integrating subsequent amendments. The goal is to enable farmers to install 10,000 MW of solar […]
The Ministry of New and Renewable Energy has introduced a framework to encourage annual production of 200,000 metric tonnes of green hydrogen. Incentives will be awarded for 3 years to produce and deliver cost-effective green […]
The Indian prime minister has unveiled a new initiative under the Pradhan Mantri Suryodaya Yojana, aiming to deploy rooftop solar systems for 10 million households. The initiative seeks to reduce power costs for low and […]
PFC Consulting Limited (PFCCL) has incorporated three special purpose vehicles for the development of transmission system. These are Sirohi Transmission Limited for the Transmission system for evacuation of power from Rajasthan REZ Ph -IV (Part-2: […]
The Ministry of Power and New and Renewable Energy has released third edition of consumer service ratings of discoms covering performance of discoms for 2022-23. As per the Ratings, Noida Power Company Limited (Uttar Pradesh), […]
The Adani Ports and Special Economic Zone Limited (APSEZL) has received approval from the National Company Law Tribunal (NCLT) to acquire the remaining 58.1 per cent stake in the Gangavaram Port Limited (GPL). The acquisition […]
Edelweiss Alternatives has raised over Rs 80 billon for its second infrastructure fund, Edelweiss Alternatives Infrastructure Yield Plus II. Money has been raised from both domestic and offshore investors and is more than double the […]
Bharti Airtel’s subsidiary Bharti Hexacom has filed its draft red herring prospectus with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The IPO will be completely offer-for-sale (OFS) of […]
The central government has allocated funds worth Rs 700 million to the Kanpur Development Authority for a sewerage project in Kanpur, Uttar Pradesh. The scope of work includes the construction of a 20 million litres […]
By Nikhil Bothra, Director, EPACK PREFAB In the face of escalating environmental challenges posed by conventional construction methods, exacerbated by factors such as the recent construction bans in Delhi due to severe air quality concerns, […]
Punjab State Power Corporation Limited (PSPCL) is expected to acquire the Goindwal Sahib Power Project (Private) from GVK Power (Goindwal Sahib) Limited for an amount of Rs 14 billion. PSPCL emerged as the sole bidder […]
Mahanagar Gas Limited (MGL), one of the largest city gas distribution companies in India, announced the incorporation of Mahanagar LNG Private Limited, its joint venture with Baidyanath LNG Private Limited, the first company to set up […]
DP World has signed multiple memorandums of understanding (MoUs) worth Rs 250 billion with the government of Gujarat, covering the development of new ports, terminals, and economic zones, strengthening its commitment to supporting trade in a growing […]
Navratna company Oil and Natural Gas Corporation (ONGC) Videsh Limited (OVL) has incorporated a wholly owned subsidiary OVL Overseas IFSC Limited (OOIL) in GIFT City, Gujarat. This GIFT city entity will function as the Global […]
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