IR to introduce two new high-speed trains

February 2018

Indian Railways (IR) is expected to introduce two new high speed trains on its network – Train 18 and Train 20 – which will replace the existing fleet of Rajdhani and Shatabdi trains and operate […]

MoR to invest Rs 480 billion in Northeast

February 2018

The MoR is planning to implement projects valued close to Rs 480 billion in the Northeast. This includes a new railway line through Tawang in Arunachal Pradesh for which the final location survey is currently […]

MoR to set up coach factory in Maharashtra

February 2018

The MoR is planning to set up a new rail coach factory in Latur, Maharashtra, which will manufacture electric multiple units for suburban trains and coaches for metros. The project will be implemented on a high […]

MoC allocates 11 coal blocks to CIL

February 2018

The Ministry of Coal has allocated 11 coal blocks with an aggregate production capacity of 225 mt to various subsidiaries of Coal India Limited. Reportedly, three coal mines in Jharkhand have been allocated to Eastern […]

NTPC receives proposals for acquisition of stranded TPPs

February 2018

NTPC Limited has received expressions of interest from various companies and financial institutions for the acquisition of coal-based power projects in response to a tender issued in November 2017. Jaiprakash Power Ventures Limited has offered […]

APGENCO moves NCLT over recovery of dues from TSNPDCL

February 2018

Andhra Pradesh Power Generation Corporation Limited (APGENCO) has moved the National Company Law Tribunal (NCLT) to recover arrears from Telangana State Northern Power Distribution Company Limited (TSNPDCL). Reportedly, arrears worth Rs 37 billion are pending […]

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