Projects

Total Renewables-ADANI expand partnership Paris-headquartered Total is set to proceed with a US$500 million investment in a joint venture with Adani Green Energy Ltd (AGEL), supporting India's energy transition, which has received approval from the Competition Commission of India (CCI)...

SBI Capital assists in coal auction The next tranche of commercial mines auction would be launched in January 2021, following on to the allocation of 19 mines in the first commercial auction, Coal & Mines Minister Pralhad Joshi said on...

Construction planned for 148.17-km four Suburban Rail Corridors The Rail Infrastructure Development Company (Karnataka) Limited (KRIDE), a Joint Venture company set up by Ministry of Railways with Government of Karnataka as a special purpose vehicle, will implement Rs.15,767 crore Bengaluru...

Ground details and data in 3-4 months The National High Speed Rail Corporation Limited (NHSRCL) is using Light Detection and Ranging Survey (LiDAR) technology for the Delhi-Varanasi High Speed Rail (DVHSR) Corridor from Greater NOIDA where a Helicopter fitted with...

Over $1bn invested in stressed real estate assets With the bankruptcy code getting more established across India, lenders are more secured and seen to be actively investing in stressed real estate opportunities with over US$1 billion having been invested in...

MoU to assist NHPC's five-year renewable energy plan Indian Renewable Energy Development Agency Ltd (IREDA) will undertake Techno-Financial due diligence of renewable energy and Energy Efficiency & conservation projects for NHPC Ltd, a Power Ministry's PSU. IREDA will assist NHPC...

Railways requires innovation and state-of-the-Art technologies Dedicated Freight corridor, whose Rewari-Madar section on Western corridor, was dedicated to the Nation by Prime Minister Narendra Modi on 7 Jan 2021, is going be the game changer in economic development of the...

Japan thanked for technical-financial support The economic growth engines such as industry and entrepreneurs are benefiting from the rapid implementation of highway, railway, airway, waterway and multi-modal port connectivity, Prime Minister Narendra Modi said on 7 Jan 2021 after dedicating...

Road project to improve last-mile connectivity, says Zhu The New Development Bank (NDB) is providing US$646 million each for Andhra Pradesh Roads and Bridges Reconstruction Project and Andhra Pradesh Mandal Connectivity and Rural Connectivity Improvement Project, the Finance Ministry said...

Puri says the budget needs to focus on larger market Given that real estate contributes more than 8% to the Indian economy, it has justifiable expectations from the Union Budget 2021-22 as there are several opportunities to give the sector...