The Central Electricity Regulatory Commission (CERC) has issued the draft guidelines for virtual power purchase agreements (VPPAs) under the CERC (Power Market Regulations), 2021. The draft aims to enable designated consumers to meet their renewable […]
Waaree Energies Limited has acquired a 100 per cent equity stake in Kamath Transformers Private Limited at an approximate cost of Rs 2.93 billion. The move is part of Waaree’s strategic expansion into the transformer […]
Aegis Vopak Terminals, a chemicals and oil storage and logistics solution provider, is set to launch its Rs 28 billion initial public offering (IPO). The issue entirely comprises 1191.1 million equity shares. The price band […]
Reportedly, Shapoorji Pallonji Group (SP Group) has signed a deal to raise $.3.4 billion through zero-coupon rupee bonds with a tenor of three years. The proceeds will be utilised to refinance the existing debt. The […]
Adani Ports and Special Economic Zone (APSEZ) has raised $150 million through a bilateral loan. The funds have been raised from DBS Group Holdings. The proceeds of the four-year dollar loan will be used to […]
The Ministry of Railways (MoR) has approved construction of the Jhilahi-Tikri Bypass Railway Line Project and the Mankapur-Tikri Rail Line Doubling Project. Jhilahi-Tikri New Rail Line Project involves construction of a new bypass rail line […]
The government of Chhattisgarh has launched the Pandit Deendayal Upadhyay Groundwater Conservation Mission (Urban) on May 20, 2025. The aim of the mission is to execute rainwater and groundwater conservation initiatives across different urban local […]
The government of Delhi has approved an additional subsidy of Rs 10,000 per kilowatt (kW) for residential rooftop solar installations under the PM Surya Ghar: Muft Bijli Yojana. With this, consumers in the national capital […]
The Government of Rajasthan has approved the detailed project report (DPR) for the Jaipur Metro Rail Phase II project on May 21, 2025. Now, the DPR has been sent to the Ministry of Housing and […]
The National Highways Authority of India (NHAI) has been ordered by the Supreme Court to establish surveillance teams of police officers and take decisive action to stop the unlawful occupancy of highway lands. The implementing […]
V.O. Chidambaranar Port’s direct port entry (DPE) facility handled 2,242 twenty-foot equivalent units (TEUs) of export containers between April 11, 2025 and May 19, 2025, signalling strong trade support. The recently commissioned facility provides expedited […]
Rail Vikas Nigam Limited (RVNL) has completed survey works for the Bareilly-Chandausi-Aligarh Rail Line Doubling Project in Uttar Pradesh. The project involves doubling of 167.74 km long existing broad gauge (BG) rail line between Bareilly […]
REC Limited has raised Rs 56.35 billion through a private placement of bonds. The issuance includes Rs 30 billion through bonds with a tenure of 2 years and 8 months carrying a coupon of 6.52 […]
The Maharashtra State Infrastructure Development Corporation (MSIDC) is set to upgrade a 53.2 km corridor, the Talegaon–Chakan–Shikrapur road, on the build-operate-transfer (BOT) model. In order to alleviate extreme traffic congestion, the state cabinet has given […]
The Railway Board (RB) has sanctioned the final location survey (FLS) for the Almatti-Yadgir New Rail Line Project and the Bhadravathi-Chikkajajur New Rail Line Project in Karnataka. Almatti-Yadgir New Rail Line Project involves construction of […]
Public Investment Board (PIB) has approved the Lucknow Metro Rail Project (East-West Corridor). The project now awaits the approval from the union government. The project is likely to span 11.16 km (4.29 km elevated and […]
The Ministry of Ports, Shipping and Waterways (MoPSW) has expressed full support for the comprehensive development of Kollam Port in Kerala. The central government has already provided financial assistance for upgrading the port to handle […]
National High Speed Rail Corporation Limited (NHSRCL) has completed 300 km of viaduct installation work on the Mumbai-Ahmedabad High-Speed Rail (HSR) Corridor Project. The project involves development of the 508.17 km long Mumbai-Ahmedabad HSR corridor […]
ACME Solar Holdings Limited has commissioned 112.5 MW of solar power capacity, under the second phase of its Sikar solar power project. The project is located in Bikaner, Rajasthan. The development follows the commissioning of […]
Tata Consultancy Services (TCS) has announced the receipt of an advance order worth Rs 29.03 billion to roll out a 4G mobile network for Bharat Sanchar Nigam Limited (BSNL), as per a regulatory filing dated […]
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