NHAI plans to raise Rs 85 billion from the LIC and Rs 100 billion from the National Small Savings Fund (NSSF) to finance the Bharatmala programme. Further, NHAI also plans to raise Rs 50 billion […]
The MoRTH has approved 24 road rehabilitation programmes in Punjab, Nagaland, Jammu & Kashmir, Andhra Pradesh, Odisha, West Bengal and the Andaman & Nicobar Islands. Of these, 12 projects are located in Nagaland; two each […]
The construction of the Eastern Peripheral Expressway is almost complete and is expected to commence commercial operations soon. This fully access-controlled expressway has entry and exit points through designated interchanges only. Toll will be collected […]
The Ministry of Road Transport and Highways (MoRTH) will adopt the international system of counting lane km from 2018-19 onwards. At present, the construction of national highways is being calculated in terms of linear length, […]
The National Highways Authority of India (NHAI) awarded 150 road projects spanning 7,400 km in 2017-18. The total estimated cost of the projects is Rs 1,220 billion. In comparison, the average length of road projects […]
IR has inducted three 09-3X dynamic tamping express machines, valued at Rs 270 million each, to facilitate improved track maintenance. Further, within the next six months, another seven such machines are planned to be included […]
The central government has agreed to build a new railway line connecting Raxaul in Bihar with Kathmandu in Nepal. The project will be funded entirely by the Government of India, which is now expected to […]
The MoR has sanctioned a quadrupling project, with a provision of two additional rail lines (one on either side of the existing two lines) from Bengaluru Cantonment to Whitefield at an estimated cost of Rs […]
Given the spatial coverage of railway operations, IR plans to use a geographic information system (GIS) portal to map all its assets for better monitoring, management and maintenance. Currently, work is in progress for the […]
The MoR has formulated a plan to upgrade 90 railway stations on IR’s network. This is being done with a view to increasing passenger amenities and giving the railway stations an aesthetic makeover by showcasing the […]
On April 10, 2018, the first 12,000 horsepower electric locomotive was flagged off at the Madhepura loco factory. The loco factory was proposed in 2007 and is a part of the Make in India initiative […]
The Ministry of Finance has approved a proposal to extend a government guarantee of Rs 50 billion for Indian Railway Finance Corporation (IRFC) bonds, to be subscribed by the Life Insurance Corporation [LIC] of India, to […]
The Association of Power Producers (APP) has written to the Reserve Bank of India (RBI) requesting a relaxation of the recent guidelines (released in February 2018) regarding stressed assets. As per the guidelines, even a […]
Energy Efficiency Services Limited (EESL) has floated its second pan-Indian tender for procuring 5 million smart meters. The tender is based on international competitive bidding and the meters will be installed in states across the […]
Bharat Heavy Electricals Limited (BHEL) has commissioned the third 110 MW unit of the 330 MW Kishanganga hydroelectric project of NHPC Limited. The project is located in Bandipora district of Jammu & Kashmir. With this, […]
NTPC has recently commissioned three coal-based units across its thermal power stations. These are the first 660 MW unit of the 1,320 MW Meja thermal power station in Uttar Pradesh, the first 800 MW unit […]
The Central Electricity Authority (CEA) has revised the National Electricity Plan (NEP) and estimated a thermal power capacity requirement of 6,440 MW during 2017-22. This is in addition to coal-based power projects aggregating 47,855 MW […]
The Ministry of Power has proposed the setting up of an SPV, a collaboration between the Power Finance Corporation, the Rural Electrification Corporation and NTPC Limited, to operate stressed power plants in the country. As […]
The government has introduced a pilot scheme to procure 2,500 MW of power from plants without power purchase agreements (PPAs) in an attempt to provide some relief to the sector. PTC India Limited will sign […]
The Inland Waterways Authority of India has engaged a consultant to prepare feasibility studies for the development of ferry services and the identification of locations at Varanasi, Patna, Munger, Bhagalpur, Kolkata and Haldia. The ferry […]
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