ITNL emerges as lowest bidder for Zojila Pass tunnel project

August 2017

IL&FS Transportation Networks Limited (ITNL) has emerged as the lowest bidder for the construction, operations and maintenance (O&M) of the Zojila Pass tunnel project (National Highway [NH]-1D) on an engineering, procurement and construction basis. The company […]

NHAI accords in-principle approval to two RRTS projects

August 2017

NHAI has granted in-principle approval for the construction of the Delhi-Panipat and Delhi-Alwar regional rapid transit system (RRTS) projects worth Rs 535 billion. The 111 km long Delhi-Sonepat-Panipat RRTS project is estimated to cost about […]

New passenger and freight initiatives launched by IR

August 2017

The MoR has recently introduced several passenger and freight initiatives. These include launching a new freight structure for double-stack dwarf containers; the signing of agreements under long- term tariff contracts with TIISCO, India Cements and […]

Financial losses decline by 21.5 per cent under UDAY

August 2017

The aggregate financial losses of state power distribution companies under the centre’s Ujwal Discom Assurance Yojana have reportedly declined by 21.5 per cent to reach Rs 402.95 billion in 2016-17. This decrease in losses has […]

MoP proposes new power procurement norms

August 2017

The MoP is planning to propose new norms for power procurement by electricity distribution companies in order to revive the signing of long-term power purchase agreements (PPAs) by discoms. The new norms will require the […]

MoP evaluates status of 34 stressed TPPs

August 2017

The Ministry of Power (MoP) has evaluated the status of 34 stressed thermal power plants (TPPs) with an aggregate debt of Rs 1.77 trillion as per a list given by the Department of Financial Services […]

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