The Greater Chennai Corporation (GCC) has sanctioned funds worth Rs 2 billion for the development of stormwater drainage (SWD) in uncovered areas of Chennai, Tamil Nadu. The work is likely to commence in February 2025. The scope of work includes the development of a 50 km SWD network in Mylapore, Luz, Royapettah, Triplicane, Tondiarpet, Royapuram, Korukkupet and Perambur. In addition, funds worth Rs 250 million have been allocated for the North Chennai Development Scheme.
Steady Progress: Key developments in the oil and gas sector
The Indian oil and gas sector has made significant progress across key segments, including pipelines, oil and gas discovery and city gas distribution (CGD). Efforts are also being made to promote compressed biogas (CBG) adoption, […]
Speeding Up: Key developments in the railway sector
Over the past few years, Indian Railways (IR) has made significant strides in rail safety, modernisation and technological innovation. With strong budgetary support, IR aims to achieve its objective of higher speed, better passenger amenities […]
Indus Tower approves acquisition of telecom assets of Bharti Airtel and Bharti Hexacom
Indus Towers’ board has approved the acquisition of telecom assets from Bharti Airtel and Bharti Hexacom for up to Rs 33.08 billion through a slump sale. The transaction comprises the acquisition of passive infrastructure assets/telecom […]