Projects

PM Modi gets oil field stake during UAE visit Modi meets UAE leaders.   Oil and Natural Gas Corp (ONGC) led Indian oil companies has signed a Memorandum of Understanding for a 10% stake for US$600 million in Abu Dhabi’s...

FY2019 revenue seen at US$143-$151M Solar-based Azure Power Global Ltd is expecting to put into operation 1,300–1,400 MW in fiscal year ending March 2019, up 30-55% year on year. For current fiscal year, it expects to 905–1,000 MWs to be...

Nine month net profit up 171%, reports NALCO National Aluminium Company Limited (NALCO) is vigorously pursuing its projects including a 1,320 MW Greenfield Thermal Power Plant in Odisha. Its other projects includes: addition of 0.5 MTPA capacity to its existing...

Spending on safety increased, says Goyal Modern technologies that lower reliance on human element and improve efficiency of the system are being adopted by the Indian Railways, Minister Piyush Goyal said on 9 Feb 2018. Self Propelled Ultrasonic Rail Testing...

Contracts comes with incentives and penalty   Ministry of Railways is adopting Engineering, Procurement & Construction (EPC) tendering system with structure of incentive and penalty to electrify 38,000-km route network over five years to 2022. The Indian Railways have prepared...

Sagarmala programme for industries For promoting port-led industrialization, 14 Coastal Economic Zones (CEZs) covering all the Maritime States and Union Territories have been identified as part of the National Perspective Plan under the Sagarmala Programme. The Perspective Plans for all...

230 planes to deliveres to Indian airlines from 3Q'18 Boeing, with deliveries of 230 planes to Indian airlines from third quarter, says Indian market is growing well but for fuel price and foreign exchange, a senior executive has said. Boeing...

State govt cooperation sought in land acquisition Road Transport and Highways Minister, Nitin Gadkaari, said his minisry plans to build highways worth Rs.2 lakh crore in Uttar Pradesh before the government’s five year term ends next year. He also inaugurated...

Puri lists out projects in progress Puri briefing media on Housing and Urban budget. Ministry of Housing & Urban has been allocated Rs.41,765 crores for 2018-19, an increase of nearly 3% over last year, said Minister of State in-charge Hardeep...

Rs.100 crore sanctioned for solar projects Source: Azure Power.   The Ministry of New and Renewable Energy has approved/sanctioned 60 Cities including 13 Pilot and 5 Model Cities up to 12th Five-year Plan period. More than Rs.100 crore funds sanctioned...