Projects

Project to rationalize unmetered power The Asian Development Bank (ADB) has signed a US$300 million loan to support the upgrade of rural power distribution networks to provide reliable electricity supply to consumers in Uttar Pradesh. “The project will establish separate...

Haldibari-Chilahati train commences service The Prime Ministers of India and Bangladesh have directed their officials to expeditiously conclude the ongoing joint study on the prospects of entering into a bilateral Comprehensive Economic Partnership Agreement (CEPA). The directive was given after...

POWERGRID implements project for the NER States The Cabinet Committee on Economic Affairs has approved the Rs.6,700 crore Revised Cost Estimate (RCE) of the North Eastern Region Power System Improvement Project (NERPSIP) on 16 Dec 2020. This is a major...

Post COVID-19 economic shocks to manifest differently in heterogeneity India The World Bank has signed a US$400 million project to support India’s efforts at providing social assistance to the poor and vulnerable households, severely impacted by the COVID-19 pandemic. This...

NDB’s timely assistance for combatting the economic disruptions New Development Bank’s (NDB) US$1 billion loan, signed on 16 Dec 2020, will support expenditures on rural infrastructure related to natural resource management (NRM) and rural employment generation under the Indian Government’s...

Innovation Norway opens office in Delhi Norway intends to deepen the relationship with India especially in the prevention of climate change and conservation of the environment, a diplomate said at the India Water Impact Summit on 14 Dec 2020. “Our...

Shetty assures of commitment to new-age innovations Switzerland-headquartered with global operations Schindler has selected L&T Technology Services Limited (BSE: 540115, NSE: LTTS) to will provide product development, innovation and engineering services & solutions that will help accelerate its digitization and...

Govt working on the creation of a National Port Grid The draft Indian Ports Bill, 2020, to enable the structured growth and sustainable development of ports to attract investments in the Port sector for optimum utilisation of the Indian Coastline...

Tata Projects to complete the 64,500 sq m house by 2022 Prime Minister Narendra Modi has laid the foundation of the new 64,500 sq m Parliament building which is expected to be completed by 2022. “The start of the construction...

Transport projects exposed to maximum COVID-19 risks A total of 1,824 Public-Private Partnership (PPP) projects worth US$327 billion are in different stages of implementation in India as of March 2020, according to a report added to ResearchAndMarkets.com's offering. “Out of...