Projects

The heavyweight investor also takes 40% of SWSL Reliance New Energy Solar Ltd (RNESL), a subsidiary of Reliance Industries Ltd (RIL), has announced acquisition of 100% shareholding of Norway-headquartered REC Solar Holdings AS (REC Group) from China National Bluestar (Group)...

French power group to work on low-carbon opportunities in India In a significant development for the power sector, Électricité de France S.A. (EDF), one of the world’s leading power sector companies headquartered in Paris, and NTPC Ltd, India’s largest energy...

Approved: Surat-Nashik-Ahmednagar-Solapur to Chennai Greenfield Expressway Minister of Road Transport and Highways Nitin Gadkari has virtually inaugurated and laid foundations of several highway projects worth Rs.1,678 crore in Nashik on 4 Oct 2021, saying the connectivity with the city in...

GIC and Blackstone well positioned for retail and commercial assets Considering that the long-term future of organized retail in India looks secure, investments continue to flow into the segment with a US$733 investment platform for retail-led mixed-used assets launched in...

Government's focus on infra sector augurs well for growth prospects Given the disruption caused by the second wave of the pandemic, total infrastructure credit (banks and NBFC-IFCs) remained sluggish in Q1 FY2022 with infrastructure focused loan books remaining flat on...

THDCIL commended for diversifying into green hydrogen production Minister of Power and New & Renewable Energy R K Singh applauded installation of Carbon Capture Technology for the Khurja Super Thermal Power Project (2 X 660 MW) during a review of...

Rajkot-Kanalus and Nimach-Ratlam lines to be completed in four years The Cabinet Committee on Economic Affairs has approved doubling of Rajkot-Kanalus and the Nimach-Ratlam railway lines on 29 Sept 2021. The 111.20 km Rajkot-Kanalus line, with escalated completion cost is...

Alstom aims to reach 85% localisation on all domestic projects by 2025 India has always been a pivotal market for Alstom, which has invested Euro142 million (Rs.12,556 million) locally in the last 5 years and remains committed to provide unflinching...

Sonowal says India to conduct Green Shipping pilot project The Minister for Ports, Shipping and Waterways Sarbananda Sonowal has said that solar and wind generated power will be used to increase share of renewable energy to 60% of total power...

Singh prepares BPCL for future of conventional fuels and zero-carbon mobility Bharat Petroleum Corporation Limited (BPCL), a ‘Maharatna’ and a Fortune Global 500 company, is accelerating its focus in new business segments for sustainable growth with a budget of Rs.1...