The joint venture (JV) of Kalyan Toll Infrastructure Limited-Shivalik Buildtech Private Limited has emerged as lowest bidder (L1) for implementation of Bageshwar-Kangarchina Two Laning Road Project (NH-309A). The company has quoted an amount of Rs […]
The central government has granted approval for the construction of 1,022 km of roads in Arunachal Pradesh under the Vibrant Village Program, ensuring last mile connectivity in remote areas of the state. The Ministry of […]
The construction work on Ganga Four-Lane Expressway Project (Phase I) to be completed by December 2024. The project involves construction of 593.34 km long four lane access-controlled expressway (expandable to six lanes) over Ganga River […]
Sunsure Energy and Tamil Nadu government have signed MoUs worth Rs 31.5 billion for setting up four clean energy generation projects aggregating 500 MW. To be situated in Tamil Nadu across four locations (Tuticorin and […]
The Ministry of New and Renewable Energy (MNRE) has sanctioned updated benchmarks for central financial assistance (CFA) in Phase-II of the rooftop solar programme. The modifications have been mandated by the competent authority to augment […]
Results for Solar Energy Corporation of India Limited’s (SECI) auction to develop 2,000 MW inter-state transmission system connected wind-solar hybrid power projects, tranche VII, have been announced. The tender for the project was issued in […]
Railway Energy Management Company Limited (REMCL), a joint venture between Indian Railways and RITES Limited, has floated tender to purchase round-the-clock (RTC) power from 695 MW grid-connected clean projects, with or without storage. These projects […]
ReNew has signed a share purchase agreement with India Grid Trust to sell a 300 MW solar project in Rajasthan, ReNew Solar Urja Private Limited (RSUPL), for a total enterprise value of USD199 million. The […]
Adani Group has announced an investment of over USD25 billion in Gujarat over the next five years. The investment, revealed during the 10th edition of the Vibrant Gujarat Global Summit in Gandhinagar, underscores a key […]
The central government has secured approval from the President of India to implement solar energy projects amounting to Rs 241.04 billion to provide electricity to 100,000 households belonging to particularly vulnerable tribal groups across 18 […]
The Central Electricity Regulatory Commission (CERC) has notified draft CERC (Terms and Conditions of Tariff) Regulations, 2024. As per the draft, the tariffs for generating stations and emission control systems, if applicable, can be determined […]
Airtel Business, the B2B arm of Bharti Airtel Limited, has announced a collaboration with Adani Energy Solutions Limited (AESL) to deploy connectivity for over 20 million smart meters. Leveraging Airtel’s extensive nationwide communications network, the […]
India Grid Trust (IndiGrid) has signed a share purchase agreement with ReNew Solar Power Private Limited (RSPPL) to acquire ReNew Solar Urja Private Limited (RSUPL) at an enterprise valuation of Rs 15.50 billion. The valuation, […]
India Infrastructure Finance Company Limited (IIFCL) is planning to raise Rs 20 billion through its maiden green bonds in the next six months to fund sustainable projects. This could be a mix of both domestic […]
AdaniConneX is in talks with a group of global lenders to raise as much as $400 million via an offshore loan, which may be the company’s second such transaction since June 2023. As per reports, […]
The central government has inaugurated a project for redevelopment of the Ayodhya railway station. The project involves major upgradation of the Ayodhya railway station in Uttar Pradesh with various passenger-friendly amenities and facilities such as […]
The government has signed a loan agreement with the Japan International Cooperation Agency (JICA) for an official development assistance of Rs 226.27 billion for the Mumbai-Ahmedabad high speed rail (HSR) project. The project involves the […]
In a recent development, the central government has laid the foundation stone for the Mirzapur petroleum storage terminal. Indian Oil Corporation Limited is undertaking the setting up of grassroots petroleum storage terminal at Hinauti in […]
Oilmax Energy Private Limited has received the letter of award (LoA) for the development of SR-6 CBM block. The SR-6 block is strategically located in the northern hills of Chhattisgarh, bordering the Baghelkhand region of […]
The Gujarat government has inaugurated a sewage treatment plant (STP) at Rajiv Nagar, Gujarat, on December 22, 2023. The scope of the project included the construction of a 75 mld STP at Rajiv Nagar. The […]
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