As per reports, the Ministry of Road Transport and Highways (MoRTH) is planning to expand the scope of the Bharatmala programme by bringing the Special Accelerated Road Development Programme for North Eastern Region and areas […]
The National Highways Authority of India (NHAI) has borrowed Rs 50 billion from the Employees’ Provident Fund Organisation by selling long-tenor bonds to finance the government’s Bharatmala programme. NHAI sold corporate bonds with a coupon […]
IR has extended the existing express train service between Visakhapatnam and Jagdalpur to Kirandul in Chhattisgarh, with effect from November 20, 2017. This is the first express category train to be extended to the city […]
The MoR has launched India’s first Swarna Rajdhani rake from New Delhi to Kolkata under the project “Swarna” that aims to upgrade a total of 14 Rajdhani and 15 Shatabdi trains. The upgradation of the […]
The MoR has introduced a facility for booking reserved tickets from passenger reservation system counters and season tickets from unreserved ticketing system counters through the Unified Payments Interface (UPI)/ Bharat Interface for Money (BHIM) application. […]
Indian Railways (IR) is expected to raise funds worth over Rs 350 billion for procuring passenger coaches and electric locomotives, and undertaking network electrification and line doubling projects and a signalling modernisation programme by March […]
Coming to India to head Wärtsilä as president and managing director (MD) in April was a homecoming of sorts for Neeraj Sharma because he had worked with the company about 20 years ago, from 1993 […]
Bangalore, December 12, 2017:Epiroc Mining IndiaLimited today commenced its journey as an independent business entity at Excon 2017 -Asia’sbiggest construction equipment and construction technology trade fair currently underway at the Bangalore International Exhibition Centre,from December […]
The MoR has sought an increase in financial powers to sanction railway projects in the country. A formal letter requesting the same was forwarded to the Ministry of Finance in early November 2017. As per […]
The Railway Board has appointed the Indian Railway Station Development Corporation Limited (IRSDC) as the nodal agency for the Station Redevelopment Programme. The decision was taken following the recommendations made by a three-member committee in its […]
The Telangana government has executed a scheme to supply 24-hour quality and uninterrupted power to the farm/agricultural sector across the state on a pilot basis. Initially, the scheme was undertaken for 14 days (November 6-20, […]
The Uttar Pradesh Electricity Regulatory Commission has announced a hike in power tariffs. The average hike is 12 per cent for domestic consumers. While for urban domestic consumers tariffs have been raised by 9 per […]
The Solar Energy Corporation of India has floated a tender for setting up a 2 GW interstate transmission system (ISTS)-connected wind power capacity across the country. Proposals have been invited on a build-own-operate basis. The […]
The International Solar Alliance (ISA) has become the first treaty-based international organisation to be based in India, with 19 countries ratifying its framework. The ISA is an initiative that was jointly launched by India and […]
NTPC Limited has floated a tender to acquire stressed thermal assets across the country. As per the tender, only those coal-based power plants will be acquired which have been commissioned after April 1, 2014 and […]
The MoP is planning to impose penalties on distribution companies from April 1, 2019 for power cuts which are deemed avoidable. The move is a part of the government’s plan to provide reliable electricity supply […]
The central government has set up a panel to tackle the issue of stressed power assets in the country. The committee is headed by Amitabh Kant, CEO, NITI Aayog, and comprises secretaries from the Ministry […]
A shareholders’ agreement has been signed between Cochin Shipyard Limited (CSL) and Hooghly Dock and Port Engineering Limited (HDPEL) for taking over the manufacturing units of HDPEL. Earlier, in October 2017, CSL and HDPEL incorporated […]
As of November 30, 2017, the Indian shipping industry had a fleet of 1,367 vessels of 12.34 million gross tonnage (GT) and 18.77 million deadweight tonnage (DWT). Of the total vessels, 926 were coastal vessels […]
The foundation stone for an international ship repair facility at Cochin port was laid on November 17, 2017. The facility will include a shiplift system (130 x25 metres) with a lifting capacity of 6,000 tonnes, […]
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