Projects

Silver lining during festivities! Restrictions on manufacturing, industrial, construction and consumption activities for the major part of Q1 FY2021 due to the imposition of nationwide lockdown primarily hurt the financial performance of the Indian Corporate sector. This assessment was given...

Pradhan updates: Oil majors expanding footprint in the Indian market Indian companies are looking to source more crude oil and LNG from the US at competitive rates, anticipating domestic energy demand to recover and reach post-COVID-19 level soon. Giving this...

DP World completes $1.2bn investment in India The India–UAE trade in goods and services has the potential to reach a target of US$120 billion in the next few years, said Ahmad Sultan Al Haddad, Chief Operating Officer, Parks and Zones...

US order demonstrates Indian capabilities WAAREE Energies Ltd, India's Largest Solar panel manufacturer, has received a 300+ MW order to supply solar panels to a project based in California to be commissioned in the second or 3rd quarter of 2021....

Badal announces financial assistance for 85 projects Twenty-seven projects were approved by the Inter-Ministerial Approval Committee (IMAC) meetings under the Scheme for Integrated Cold Chain and Value addition and 85 Cold Chain Projects have been considered for financial assistance across...

Joshi lists Rs.1.22 lakh crore plan Coal India Ltd (CIL) will invest over Rs.1.22 lakh crores on about 500 projects related to coal evacuation, infrastructure, project development, exploration and clean coal technologies. This was announced by Coal and Mines Minister...

NHAI ensures cash flow to contractors Despite challenges due to the outbreak of the novel coronavirus pandemic, the National Highways Authority of India (NHAI) has awarded 26 projects of 744 km length in 2020-21 as compared to 676 km in...

CIL plans three gasification plants India is investing Rs.4 lakh crore on gasification of 100 million tonnes of coal by 2030, Coal and Mines Minister Pralhad Joshi told a webinar on 31 Aug 2020. Coal Gasification and Liquefaction is no...

Orders placed for 198-MW solar rooftop capacity The Railway Energy Management Company Ltd (REMCL) has invited bids for 3-GW solar projects on vacant Railway land parcels and land parcels along the railway tracks. The solar projects, besides supplying power to...

Rating system will increase the accountability The National Highway Authority of India (NHAI) is reviewing uploaded data of 853 projects, 519 by Consultants and 334 Contractors, to establish a transparent and comprehensive ‘Performance Rating’ System. The review, in various stages,...