Reportedly, the central government has allocated an investment of Rs 4.88 billion under the Power System Development Fund for nine new schemes in Telangana to strengthen the state’s power grid and ensure reliable electricity supply. The government will support the installation of smart meters in government offices under the Revamped Distribution Sector Scheme. Additionally, Telangana’s proposal under the planned distribution scheme will be given priority consideration.
Significant Headway: Growth in metro rail systems to meet urban transport needs
Metro rail systems provide high capacity public transit and are highly capital-intensive projects. In India, the first metro system was introduced in Kolkata in 1984. After almost two decades, the next metro was launched in […]
New Heights: Airport infrastructure, passenger and freight traffic growing apace
The year 2016-17 has been a positive one for the Indian aviation sector, with the growth in passenger and freight traffic being maintained, and new routes being opened up under the Regional Connectivity Scheme (RCS). […]
Cube Highways InvIT acquires two road assets from NIIF worth Rs 41.84 billion
Cube Highways InvIT has entered into an SPA with the NIIF to acquire two road assets valued at Rs 41.84 billion. The deal signed includes the purchase of a 100 per cent stake in Athaang […]