The Ministry of Road Transport and Highways (MoRTH) is planning to raise Rs 150 billion from the Employees’ Provident Fund Organisation (EPFO) to fund its highway construction programme. It plans to issue National Highways Authority […]
The State Bank of Indiaplans to raise up to $3 billion in the country’s biggest overseas green bond issue, tapping investors such as BlackRock, IFC and JP Morgan-backed entities for funding projects that will help […]
The Asian Infrastructure Investment Bank (AIIB) is planning to pump in $1.5 billion (Rs 95.99 billion) in six new projects in India. The $1.5 billion proposed investment by AIIB, is for the Mumbai Metro Line […]
TheInternational Finance Corporation (IFC) is likely to provide debt financing worth $150 million to ACME Jaipur Solar Power Private Limited, for the construction of a 250 MW solar plant in Madhya Pradesh. Around $50 million […]
The Kerala government has allotted Rs 1.29 billion to Kochi city as central assistance for projects to be implemented under AMRUT. Of this amount, Rs 530.1 million (about 41 per cent) has been allotted for […]
The Urban Development Department of the Maharashtra government has issued a notificationapproving funds for 18 sewage and water management projects being implemented by14 municipal corporations across the state. In order to ensure their timely completion, […]
Funds of over Rs 2 billion have been allocated for Jammu under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT). Several other major towns of the state will also be covered under AMRUT so […]
The Kerala Infrastructure Investment Fund Board has sanctioned Rs 1.09 billion for the Anayadi-Koodalroad project. The scope of the project involves the construction of a 35.1 km road between Anayadi and Koodal in Kerala.
The Charbagh-Transport Nagar priority section of the Lucknow metro rail project in Uttar Pradesh has been inaugurated and opened for public use. The 8.5 km stretch, which covers eight stations, has been developed under Phase […]
BSNL has partnered with Coriant to undertake research and deploy 5G-based industrial internet applications for enterprises. Coriant will leverage 5G technology and its design network architecture to facilitate service innovation for enterprises. The arrangement currently […]
The MoRTH has inaugurated 12 national highway projects worth Rs 56.1 billion and launched 11 projects worth Rs 94.9 billion in Rajasthan. The inaugurated projects include a six-lane cable bridge across Chambal at Kota entailing […]
Wind power tariffs touched a record low of Rs 3.42 per unit compared to the previous low of Rs 3.46 per unit (discovered in the Solar Energy Corporation of India’s auction in February 2017), at […]
JSW Infrastructure Limited has inaugurated an edible oil terminal at Jaigarh port. Edible oil carrier, MT Zao Galaxy, made the maiden call at the port on August 17, 2017. The Handymax vessel, with 159.03 metre […]
Air India concluded the bidding process for 14 of its properties located in different parts of the country on August 31, 2017. The airline managed to receive bids worth more than the reserve price for […]
With this issue, we celebrate our nineteenth anniversary. As always we take this opportunity to rededicate ourselves to the mission of the magazine: to be the most trustworthy source of information and analysis for the […]
The Executive Committee of the National Mission for Clean Ganga has approved six sewage treatment projects for implementation in Uttar Pradesh and Bihar. Three of these projects will be implemented in Uttar Pradesh. They will […]
Kochi Metro Rail Limited (KMRL) in Kerala has proposed the development of a bus rapid transit (BRT) corridor in the city. As per the proposal, the Edapally-Muthakunnam stretch, spanning a length of 25 km, will […]
The Tamil Nadu government has proposed the development of a metro rail system in Coimbatore in a bid to address traffic congestion in the city. For this, Chennai Metro Rail Limited has been entrusted the […]
Trail runs have been conducted for specific stretches of the metro rail projects being implemented in Kochi, Kerala, and Chennai, Tamil Nadu. Kochi Metro Rail Limited has successfully conducted trial runs on the Palarivattom-Maharaja College […]
Kolkata-based Simplex Infrastructure Limited has emerged as the lowest bidder for the development of a 7.5 km metro stretch and five metro stations under Phase II of the Bengaluru metro rail project in Karnataka. The […]
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