Canada-based pension fund Caisse de depot et placement du Quebec, and sovereign wealth funds such as the State General Reserve Fund of Oman and Kuwait Investment Authority are in advanced stages of negotiation to form […]
NITI Aayog has granted in-principle approval for the implementation of the Mumbai Urban Transport Project Phase III. The approval has been granted subject to the condition that Indian Railways will undertake “fare reform” involving automatic […]
The Delhi government is planning to develop an elevated bus rapid transit (BRT) corridor connecting Anand Vihar to the Tikri border via the Income Tax Office (ITO). Though the final project cost is yet to […]
Sterlite Power Grid Ventures Limited has issued non-convertible debentures aggregating Rs 9.25 billion for its subsidiary, East North Interconnection Company Limited (ENICL). ENICL is developing a 450 km transmission network to connect the eastern and […]
TRAI has stated that it will conduct the next drive tests for ascertaining the quality of operators’ networks in April 2016. The regulator has further stated that more cities will be covered in the next […]
TRAI has recommended the PPP model and a bigger role for the private sector for the speedy implementation of the national broadband project, BharatNet. The suggestion comes after the project has repeatedly failed to meet […]
TRAI has stated that telecom operators paid a total penalty of about Rs 60 million during the period July 2014-June 2015 for violation of service quality norms. The regulator issued around 114 show-cause notices to […]
In a ruling against differential pricing, the Telecom Regulatory Authority of India (TRAI) has prohibited service providers from charging differential tariffs for data services on the basis of content. The regulations also prohibit service providers […]
As part of its recommendations for the upcoming Union Budget 2016-17, the Ministry of Communications and Information Technology has proposed a 10-year tax holiday for mega projects aimed at attracting foreign investment for the Make […]
The Japan International Cooperation Agency (JICA) will provide the government with technical assistance for developing national highways in mountainous regions in Jammu & Kashmir, Uttarakhand and Himachal Pradesh. JICA has signed a technical cooperation agreement […]
NHAI has signed an MoU with the National Remote Sensing Centre (NRSC) under the Indian Space Research Organisation (ISRO) and the North East Centre for Technology Application and Research (NECTAR) for the use of spatial […]
The MoRTH has reported the commencement of construction works on the Eastern Peripheral Expressway project. The construction work was earlier held up due to land acquisition issues. However, work has started on the Palwal side […]
The MoRTH has prepared a cabinet note on the Rs 2.6 trillion Bharat Mala project, which envisages the construction of 25,000 km of roads along India’s borders, coastal areas, ports, religious and tourist places as […]
The Ministry of Road Transport and Highways (MoRTH) has reported a construction rate of 18 km of national highways per day and is aiming to increase this to 30 km per day by end-March 2016. […]
The CCEA has given its approval for the hybrid annuity model to be considered as one of the modes for implementing highway projects. The main objective of the approval is to revive highway projects by […]
RITES Limited has shortlisted three companies for the processing of satellite imagery along the proposed alignment of the Hubli-Ankola-Madgoan section of the DFC (southern corridor) project. These are TriCAD Design Consultants Private Limited, Matrix Geo […]
Bharti Airtel has migrated 40,000 of its network sites to green technology. These green network sites are designed to operate largely on battery hybrid, lithium-ion and solar hybrid solutions with very little diesel consumption. The […]
The Digha-Sonepur rail-cum-road overbridge project commenced commercial operations with an empty goods train on January 16, 2016. The Commissioner of Rail Safety granted safety clearance for the project on January 15, 2016. The safety inspection […]
The consortium of L&T Construction and the Sojitz Group has won a contract worth Rs 12.13 billion for the Vadodara-JNPT section (422 km) of the DFC (western corridor) Project on January 22, 2016. The contract […]
The MoR and SNCF (French railway company) signed an agreement on January 25, 2016 for jointly undertaking an implementation study for the Delhi-Chandigarh-Amritsar high speed rail corridor project. A team comprising 30 experts from France […]
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