Projects

JSW Energy acquires Odisha thermal plant The Competition Commission of India (CCI) approves the acquisition by JSW Energy Limited of GMR Kamalanga Energy Limited, under Section 31(1) of the Competition Act, 2002. The approval was given on 7 Apr 2020...

Businesses will re-strategize expansion plans The cash-rich US funds could leverage the COVID-19 fallout to optimal advantage as and when they enter Indian shores, hopefully towards second half of 2020, scouting for good bargains and value-pick options on their own...

Initiatives to revive and accelerate projects The National Highway Authority of India (NHAI) has accomplished construction of 3,979-km of national highways in the financial Year 2019-20, the highest ever highway construction achieved in a financial year. In 2018-19, NHAI completed...

Chinese PV supply disruption to hit projects India could face over 21.6% or 3 gigawatts (GW) of solar photovoltaic (PV) and wind installations being delay as a result of the country’s lockdown to stop the contact-based spread of the deadly...

COVID-19 has derailed office segment Housing sales witness a 25-35% yearly drop in 2020 against the preceding year, reveals the ANAROCK report 'COVID-19 - Will it Reset Indian Real Estate?' Residential sales in 2019 stood at approx. 2.61 lakh units...

Total takes indirect 50% of JV for $500m The Competition Commission of India (CCI) has approved formation of 50:50 Joint Venture between Adani Green Energy Limited and Total S.A. in the business of power generation through solar energy in India....

India seeks German rail expertise The Cabinet has approved a Memorandum of Understanding (MoU) signed between Ministry of Railways and DB Engineering & Consulting GMBH of Germany for technological cooperation in Railway Sector. The MoU, signed in February 2020, was...

Project to be completed by 2024-25 The Cabinet Committee on Economic Affairs has approved construction of Rs.1,285 crore Aligarh-Harduaganj flyover by Ministry of Railways.  The 22-km project is expected to be completed by 2024-25, said the Ministry on 25 Mar...

Govt will have to dole out economic measures A lot is currently at stake for Indian residential real estate as cities go into complete lockdown mode to battle the spread of Covid-19, writes Prashant Thakur, Director & Head – Research,...

Goyal’s update on rail projects Contracts have been awarded for redevelopment of Gomtinagar (North Eastern Railway), Anand Vihar (Northern Railway), Bijwasan (Northern Railway) and Chandigarh (Northern Railway) railway stations. Giving this update to Rajya Sabha on 20 Mar 2020, Railway...