Air India sought guarantee to raise fresh funds

December 2019

Air India has sought a Rs 24 billion guarantee from the government to raise fresh funds primarily to meet its working capital requirements as it is currently facing a financial crunch. The guarantee is part […]



MoCA launches UDAN Round IV

December 2019

The Ministry of Civil Aviation (MoCA) has launched the fourth round of the Regional Connectivity Scheme – UDAN – to further enhance connectivity to the country’s remote and regional areas. Under this round, the focus […]



CCEA accords in-principle approval for strategic disinvestment of BPCL

December 2019

The Cabinet Committee on Economic Affairs (CCEA) accorded in-principle approval for strategic disinvestment of stake in BPCL on November 20, 2019. This includes disinvestment of the government’s shareholding of 53.29 per cent in BPCL (except […]



JV firm incorporated for implementation of CGD projects in Assam

December 2019

Purba Bharati Gas Private Limited, a joint venture (JV) of Assam Gas Company Limited (AGCL), OIL and GAIL Gas Limited was incorporated on November 19, 2019 for the implementation of city gas distribution (CGD) projects […]



MoS approves Loktak inland waterways project

December 2019

The Ministry of Shipping has approved the implementation of the Loktak inland waterways improvement project in Manipur under the central sector scheme. The waterway project has been approved at a cost of Rs 255.8 million.



JSW Infrastructure commissions fully mechanised iron ore terminal

December 2019

JSW Infrastructure Limited has commissioned its new fully mechanised iron ore terminal at Paradip port. The 370 metre long terminal has a capacity of 18 million tonnes per annum (mtpa) and can load at a […]



BRPL partners with Power Ledger for blockchain-based trial

December 2019

BSES Rajdhani Power Limited has partnered with Power Ledger, a blockchain-based renewable energy trader, and launched trials for a P2P energy trading platform. The platform will allow residents with rooftop solar installations to sell excess […]



UPERC approves pilot project on blockchain-based pilot project

December 2019

The Uttar Pradesh Electricity Regulatory Commission has approved a pilot project for peer-to-peer (P2P) transactions of power from rooftop solar systems using blockchain-based technology. Under this pilot project, the fees for the blockchain technology will […]



IR planning to install solar plants with a total capacity of 500 MW by 2021-22

December 2019

IR is planning to install solar plants with a total capacity of 500 MW by 2021-22. Of the targeted capacity, around 95.67 MW capacity has already been put up on various railway buildings, including 835 […]



Around 30 railway stations upgraded in the Northeast under Adarsh station scheme

December 2019

IR has upgraded and renovated 30 stations in the Northeast under the Adarsh station scheme. In Assam, 28 stations (Rangapara North, Srirampur Assam, Gosaigaon Hat, Silchar, Badarpur Junction, Fakiragram, Salakati, Basugaon, Goreswar, Udalguri, Tangla, Rowta […]



FASTag implementation to be mandatory with effect from December 15, 2019

December 2019

The MoRTH is likely to award road projects worth Rs 500 billion, spanning an aggregate length of 4,471 km, in the next three months. As of April 2019, it had awarded 168 road projects covering […]



FASTag implementation to be mandatory with effect from December 15, 2019

December 2019

The MoRTH has postponed the date of compulsory implementation of FASTag on national highway toll plazas to December 15, 2019. The earlier date was December 1, 2019. Double user fee will charged from vehicles that […]



Tejas Networks partners Bharat Electronics to offer solutions for its domestic and overseas projects

December 2019

Tejas Networks has signed an MoU with Bharat Electronics to offer optical transmission, access and data switching products for the company’s turnkey projects in India and abroad. The MoU envisages strategic cooperation covering the use […]



SDMC releases policy for issuing licences for setting up mobile towers on wheels

December 2019

The South Delhi Municipal Corporation has come out with a policy for granting licences to service providers for setting up mobile towers on wheels. The objective behind this move is to boost revenue and ensure […]



Two firms shortlisted for implementation of 24×7 Silchar water supply project

December 2019

WPIL Limited and Vishnu Prakash R Punglia Limited have been shortlisted as technically qualified for selection of an engineering, procurement and construction (EPC) contractor for the 24×7 Silchar water supply project. Bids for the same […]



Koyambedu tertiary treatment plant commissioned

December 2019

The Koyambedu tertiary treatment plant project was commissioned on November 29, 2019. The project involved the construction of a 45 million litre per day (mld) tertiary treatment and reverse osmosis plant at Koyambedu in Chennai, […]



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