Projects

Ashoka works on NHDP-V The National Highways Authority of India (NHAI) has issued Letter of Award (LOA) for development of following National Highway section in the state of Punjab under NHDP Phase-V. Ashoka Concessions Ltd, given the LOA, will develop...

Healthcare start-ups The road ahead for India’s healthcare sector is set to be revolutionized with the rising base of  healthcare start-ups that recognize the need for making quality healthcare accessible to Indians, according to a joint study by the Federation...

Solar PV potential Yashika Energy Systems Pvt Ltd's solar system. The Ministry of New & Renewable Energy (MNRE) sees a huge potential for off-grid application of solar PV in the country as solar pumps for irrigation could provide access to...

IR Class in Hong Kong Krishanu Bhattacharya leads IR Class from Hong Kong. Indian Register of Shipping (IRClass) has set up a regional office in Hong Kong to serve the dynamic East Asia region and become a global classification society. This office's responsibility...

Paradip to compete globally   The port city of Paradip is to be developed as World Class Smart Industrial Port City to be globally competitive, said Joint Secretary (Ports) Pravir Kishn at the Ministry of Shipping. The presence of mineral resources...

Mormugao redevelopment Redevelopment of Mormugao berths. The Cabinet Committee on Economic Affairs has approved the Redevelopment of Berths 8, 9 and Barge Berths at the Port of Mormugao in Goa under Public Private Partnership (PPP) mode for exports of iron...

Russian stake raised An aerial view of De-Kastri terminal in Sakhalin. A consortium comprising Oil India Limited, Indian Oil Corporation Limited and Bharat Petro Resources Limited is in the process of acquiring an additional stake of 23.9% in Vankor and...

Boost for maritime sector South Korea's leading shipyard, Hyundai. Maritime clusters are to be one of focal points for economic development along India’s coastline, says a draft report prepared under Sagarmala Programme of the Ministry of Shipping. The report on...

Stress relief for contractors Challenges of India's stressed construction sector. The Cabinet Committee on Economic Affairs has approved today a series of initiatives to revive the financially-stressed Construction Sector. These initiatives include: Public and Statue Units (PSU)/Departments may seek the...

Swedish partnerships sought In a bid to deepen Indo-Swedish defence and aerospace cooperation, the Indian Government has urged Swedish companies to forge large scale partnerships with Indian manufacturers and reap the ‘early bird’ advantages from the amended defence procurement rules....