Tata Power Renewable Energy Limited (TPREL) plans to sell 32 MW of its operating wind assets located in Satara district of Maharashtra. At present, power from wind projects is tied up with Tata Power Company […]
Adani Power is in the final stages of discussions to take over the 1,370 MW GMR Chhattisgarh Energy Limited thermal power plant in a deal worth Rs 35 billion. At present, the lenders have agreed […]
GVK Airport Developers Limited (GVKADL) and GVK Airport Holdings Limited (GVKAHL), subsidiaries of the GVK Group, have signed a term sheet and exclusivity agreement with ADIA and the National Investment and Infrastructure Fund (NIIF) for […]
Power generation recorded a compound annual growth rate of 5.66 per cent to reach 1,244,930 MUs in 2018-19 from 717,894 MUs in 2008-09. Thermal generation accounted for 86 per cent of the total in 2018-19, […]
The dynamics of the Indian telecom service industry have changed dramatically since the launch of services by Reliance Jio in September 2016. After a brutal consolidation, only three private operators have been left in the […]
The steel sector, one of the country’s core industries, contributes about 2 per cent to GDP. At present, the infrastructure and construction sectors are the biggest consumers of steel, accounting for about 50 per cent […]
The national plant load factor (PLF) registered a marginal improvement from 59.91 per cent in 2017-18 to 61.07 per cent in 2018-19. Across the central, state and private sectors, PLFs have been showing a decline […]
The Oil and Natural Gas Corporation (ONGC) has stated a preference for a cash deal instead of a share swap for the planned acquisition of Mangalore Refinery and Petrochemicals Limited (MRPL) by Hindustan Petroleum Corporation […]
The Gujarat Maritime Board (GMB) has decided to acquire around 40 per cent equity stake in the Mundra liquefied natural gas (LNG) terminal, likely to be commissioned by July 2019, at an investment of Rs […]
The Ministry of Finance is evaluating the economic costs associated with importing oil from alternative markets such as Iraq and Saudi Arabia. This is due to the withdrawal of sanction waivers by the US on […]
In the backdrop of the oil supply crunch due to withdrawal of sanction waivers by the US, Aramco has offered to increase crude oil supplies to India by 200,000 barrels per day. This additional supply […]
SpiceJet has inked an initial pact with Gulf-based Emirates for entering into a code-share partnership to provide wider connectivity to its passengers on the latter’s network across the US, Europe, Africa and the Middle East. […]
Jet Airways announced the suspension of its entire operations from April 17, 2019, after lenders refused to provide emergency funds, ending at least temporarily the airline’s run. Weighed down by a mountain of debt and […]
The user development fee (UDF) levied on passengers at the Kempegowda international airport has been hiked by 120 per cent from Rs 139 to Rs 306 for domestic departures and from Rs 558 to Rs […]
Work on the Jewar greenfield international airport is expected to commence soon as the Allahabad High Court has dismissed petitions filed by eight farmers against land acquisition. The petition was filed seeking cancellation of 1,239 […]
The Essel Group has sold the two transmission assets owned by Essel Infraprojects, Darbhanga-Motihari Transmission Limited and NRSS XXXI (B) Transmission Limited, to a fund managed by Edelweiss. Essel had entered into an agreement to […]
A1986 batch Indian Railway Traffic Service (IRTS) officer, Colonel S. Gagarin is currently serving as chief executive officer (CEO) of the Hassan Mangalore Rail Development Company (HMRDC) located in Bengaluru. He brings to the table […]
Dipesh Dipu, Partner, Mineral Policy Consultant, Brookings India The earthmoving and mining equipment industry has witnessed a fair degree of uncertainty in the recent past on account of lower-than-expected demand from the mining and infrastructure […]
A 1982 batch officer of the Indian Railway Traffic Service, Arvind Bhatnagar, advisor, transport, Indian Port Rail and Ropeway Corporation Limited (IPRCL) has over 35 years of experience in the planning and execution of rail […]
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