World Bank loan India has signed a US$650 million guaranteed agreement for the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) for Eastern Dedicated Freight Corridor-III (EDFC-III) Project. It was signed on October 21 2016 in New Delhi with the...

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Irrigation projects The National Water Development Agency (NWDA) has secured a Rs.19,702 Crore loan for irrigation projects from the National of Agriculture and Rural Development (NABARD). The loan would be part of the Central government’s share of assistance to State...

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Hectic pace financing Cameron sees a hectic pace of financing renewable projects. A hectic financing pace is seen among international banks participating in India’s ambitious 175-gigawatt solar and wind energy development by 2022, a US$1.75 trillion programme being undertaken across...

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Hydro Projects Modi dedicates the NHPC's Hydro Power Project to the nation, at a function, in Mandi, Himachal Pradesh October 18, 2016. Prime Minister Narendra Modi dedicated three flagship 800 MW Hydro Power Station of NTPC- Koldam, 520 MW Parvati...

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Russia's big deals Modi and Putin meeting in Goa on October 15, 2016. Russia, a long-standing friend of India, has signed key agreements on October 15, 2016, accelerating India’s industrialization programmes. The deals were signed in Goa during meetings between...

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Gas plans Pradhan addressing at the signing of an MoU between TERI and PetroFed on October 13, 2016. India is increasing Liquefied Natural Gas (LNG) facilities and pipeline network to increase the gas share in the energy based to 15...

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