In a notable development, Megha City Gas Distribution Private Limited has signed agreement with Polaris Grid for purchase of smart prepaid meters. As part of the agreement, Polaris Grid would supply smart prepaid meters with […]
Delhivery Limited has signed a share purchase agreement (SPA) to acquire a 99.4 per cent stake in Ecom Express for Rs 14.07 billion. The transaction will be executed on a cash basis. With this move, […]
hBits, a small-medium real estate investment trust (SM-REIT), has received approval from the Securities and Exchange Board of India (SEBI) to launch its IPO to raise up to Rs 5 billion. Further, the trust plans […]
The Mumbai Metropolitan Region Development Authority (MMRDA) has signed non-binding lines of credit worth over Rs 4 trillion from various financial institutions. The proceeds are planned to be utilised for infrastructure development in the Mumbai […]
Welspun One Logistics Parks has achieved the financial closure for its logistics park project located in Jawaharlal Nehru Port Authority (JNPA) with a Rs 23 billion loan from National Bank for Financing Infrastructure and Development […]
The Monetary Policy Committee (MPC) has reduced the repo rate by 25 basis points, from 6.25 per cent to 6.0 per cent. Additionally, the Reserve Bank of India’s MPC also changed the policy stance from […]
The Cabinet Committee on Economic Affairs (CCEA) approved the Tirupati-Katpadi New Rail Line Project worth Rs 13.32 billion on April 9, 2025. The project involves laying a 104.39 km long new line from Tirupati to […]
The Commissioner of Metro Rail Safety (CMRS) has granted clearance for the Motijheel-Kanpur Central stretch under the Kanpur Metro Project Phase I. The stretch will operate on automatic train operation (ATO) mode. The CMRS has […]
The National Highways Authority of India (NHAI) has planned the implementation of the Ghazipur-Chandauli Four Lane Greenfield Expressway Project in Uttar Pradesh. The work of preparing the detailed project report (DPR) has started. Besides, the […]
The National High Speed Rail Corporation Limited (NHSRCL) has launched the 70 meter-long steel girder over the Dedicated Freight Corridor Corporation of India Limited (DFCCIL) tracks near Vadodara under the Mumbai-Ahmedabad High-Speed Rail (HSR) Corridor […]
Bharat Sanchar Nigam Limited (BSNL) has announced that over 5,000 of its 4G sites are now operational in Rajasthan, marking a significant milestone for the company. These sites are deployed using indigenous technology developed by […]
Kosol Energie Private Limited has secured a 400 MW photovoltaic module supply order for NTPC Limited’s 1,600 MW Khavda solar project in Gujarat, facilitated through Zetwerk. NTPC contracted Zetwerk to handle the module supply, and […]
Petronet LNG Limited (PLL) has signed a memorandum of understanding (MoU) with the Government of Odisha for the Gopalpur liquefied natural gas (LNG) terminal in Odisha. The project involves development of a land-based terminal at Gopalpur […]
In a major step to support the development of integrated transport infrastructure under the PM Gatishakti National Master Plan, the Cabinet Committee on Economic Affairs (CCEA) has approved the construction of the six-lane Zirakpur Bypass […]
The sewage treatment plant (STP) at Okhla in Delhi having a capacity of 564 million litres per day (mld) has been made fully operational by the Delhi Jal Board. The STP will benefit around 4 […]
The Ministry of Civil Aviation (MoCA) has given an in-principle approval for the new Parandur Airport at Tamil Nadu. The construction for phase 1 is likely to commence by January 2026, and be completed in […]
Haryana Rail Infrastructure Development Corporation Limited (HRIDC) has completed the construction work of the 10 km long Manesar-Patli section of the Haryana (Palwal-Sonipat) Orbital Rail Corridor Project. The project involves the construction of a 121.74 […]
On April 9, 2025, the union government, a bank consortium and Adani Ports and Special Economic Zone Private Limited (APSEZ) have signed a tripartite agreement to provide viability gap funding worth Rs 8.18 billion for […]
The Government of Tamil Nadu has submitted a proposal to the Ministry of Railways (MoR) to develop a new rail line connecting Coimbatore in Tamil Nadu to Mysuru station in Karnataka. The project involves construction […]
The union minister of ports, shipping, and waterways has launched a digital portal developed by the Inland Waterways Authority of India (IWAI) to attract private investment in the development of national waterways infrastructure. This initiative […]
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