Projects

ADB loan to help reduce power wastage in Bengaluru The Bengaluru Smart Energy Efficient Power Distribution Project will progress on with the conversion of overhead distribution lines into underground cables and build an energy-efficient distribution network, reduce technical and commercial...

Four policies on PCPIR in the implementation stage The Department of Pharmaceuticals is considering 11 FDI proposals worth Rs.7,211 crore in brownfield pharmaceutical projects while 15 FDI proposals worth Rs.1,512 crore have been approved from 1 April 2020 to 22...

Himachal Pradesh gets $10m for subtropical horticulture project The Asian Development Bank (ADB) has signed two agreements for a US$231 million loan agreement for the construction of a 120 megawatts (MW) hydroelectric power plant in Assam that will enhance the...

SPRs filled during low oil prices As part of strengthening energy security, India has added Russia and Angola as new sources for crude oil imports on a term basis, Ministry of Petroleum and Natural Gas said in a 2020 review...

MNRE underlines the importance of renewables A 58.31 GW solar power capacity is currently under installation and or tendering process as harnessing solar energy is one of the major components of India’s renewable energy strategy, said the Ministry of New...

Approved: logistics and transport hubs for AP, Karnataka and Noida The Cabinet Committee on Economic Affairs (CCEA) has approved proposals of Department of Promotion of Industry & Internal Trade (DPIIT) for construction of various trunk infrastructure components. These are Rs....

Projects to be implemented under BOT and PPP modes The Cabinet Committee on Economic Affairs (CCEA) has approved the Rs.3,004.63 crore project for ‘Deepening and Optimization of Inner Harbour Facilities including Development of Western Dock on Build, Operate and Transfer...

HE projects being revived Himachal Pradesh, Sikkim and J&K The Government has decided to infuse liquidity of Rs.90,000 crore in the power sector through PFC and REC Ltd to enable the sector to maintain power supplies and keep the lights...

Global groups join Maritime Park on Willingdon Island Cochin Shipyard Limited is expected to commission the International Ship Repair Facility (ISRF) in FY 2021-22, having start construction on 17 Nov 2017, the Ministry of Ports, Shipping and Waterways said in...

Landlords will have to be more receptive to tenant demand The pace of recovery in the Indian office space market is expected to increase in the upcoming quarters, following on to Q4 2020 recovery sustained in both net absorptions as...