PNC Infratech has received in-principle approval from the National Highways Authority of India (NHAI) to transfer two more road assets namely, PNC Bundelkhand Highways and PNC Khajuraho Highways to Highways Infrastructure Trust (HIT). The two […]
Indian Railways (IR) is expected to receive two upgraded versions of Japan’s Shinkansen bullet trains, known as the Shinkansen E10 or Shinkansen Alfa-X. These high-speed trains will be capable of reaching a maximum speed of […]
Waaree Energies Limited has secured a letter of award to supply 180 MW solar modules, rated at 585/590 Wp, for a renewable energy project in India. The modules will be supplied to a domestic renowned […]
The government of Tamil Nadu is actively working on the establishment of 223 mobile towers in rural regions as part of the Digital Bharat Nidhi (DBN) scheme, with 197 towers already completed. The remaining 26 […]
The Greater Chennai Corporation (GCC) has sanctioned funds worth Rs 2,000 million for development of stormwater drainage (SWD) in uncovered areas of Chennai, Tamil Nadu. The work is likely to commence from February 2025. The […]
The National Company Law Tribunal (NCLT) has reportedly ordered for the liquidation of Go First. The move follows requests from the Committee of Creditors (CoC) of the airline. In May 2023, the airline halted operations […]
Shah Technical Consultants Private Limited has won a contract worth Rs 19.51 million for preparation of detailed project report (DPR) for the rehabilitation and modification of the Kilpauk water treatment plant (WTP) in Chennai, Tamil […]
Indian Railways (IR) has deployed an electronic interlocking (EI) system at Shakurbasti in New Delhi under the Northern Railway (NR) zone. The EI system features a visual display unit (VDU) managing a total of 493 […]
Mediterranean Shipping Company S.A has recently started a feeder service connecting the Haldia Dock Complex of Syama Prasad Mookerjee Port Authority (SMPK), Kolkata with the container transshipment terminal at Vizhinjam in Kerala. The feeder service […]
The National Highways Authority of India (NHAI) is set to fully open Nagpur’s unique five-arm Pardi Flyover by mid-February 2025. Initially estimated to cost Rs 4.48 billion, the project faced multiple setbacks, including design changes, […]
Sarai Kale Khan station under the Delhi-Ghaziabad-Meerut regional rapid transit system (RRTS) project is likely to be completed by June 2025. Besides, track laying works on upline and downline of the New Ashok Nagar-Sarai Kale Khan […]
Indian Railways plans to procure 170 megawatts (MW) of solar power from Madhya Pradesh to meet its renewable energy requirements. Besides, Madhya Pradesh currently has a total renewable energy capacity of about 7,000 MW, with […]
Waaree Energies Limited has signed a share purchase agreement to acquire a 100 per cent stake in Enel Green Power India Pvt Ltd (EGP India) from Enel Green Power Development S.R.L for Rs 7.92 billion. […]
Bank of Baroda (BoB) has raised Rs 50 billion through infrastructure bonds. The bonds have a maturity period of 10 years and carry a coupon rate of 7.23 per cent. The issue comprised a base […]
Power Finance Corporation (PFC) has entered into a loan agreement worth Rs 65 billion (JPY 120 billion) with the Japan Bank for International Cooperation (JBIC). JBIC will provide Rs 40.04 billion (JPY 72 billion) of […]
DP World Cochin has registered significant growth in 2024, and increase in capacity to approximately 1.4 million twenty-foot equivalent units (TEUs). DP World, a leading global provider of smart end-to-end supply chain solutions, has registered […]
The centre has announced the approval of three major infrastructure projects worth Rs 33.30 billion to improve connectivity in Bihar and Jharkhand. In Jharkhand’s Dhanbad district, two six-lane elevated flyovers on NH-19 at Barwa Adda-Panagarh […]
Larsen and Toubro has recently launched a second multi-purpose vessel (MPV) for the Indian Navy from its Kattupalli Shipyard near Chennai. The first MPV, INS Samarthak, was launched three months prior to the introduction of […]
Sharda Construction and Corporation Private Limited has won a contract worth Rs 1,704.66 million for augmentation and integration of the Nanded Water Supply Scheme (WSS) in Maharashtra under the Atal Mission for Rejuvenation and Urban […]
Tunnel Boring Machine (TBM) S-1410A has passed the factory acceptance tests (FATs) for package UG1 under the Kolkata metro expansion project for the Joka-Esplanade corridor. Package UG-1 involves design and construction of the ramp and […]
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