REC and Power Finance Corporation (PFC) - Maharatna CPSEs under the Ministry of Power have signed an MoU with SJVN Thermal (STPL) for financing two 660 MW coal-based Buxar Thermal Power Plant (BTPP).
Siemens Gamesa has announced the appointment of Morten Pilgaard Rasmussen to the newly created position of global CTO, tasked with accelerating the harmonisation and standardisation of technologies across the company under the Mistral strategy program.
Embassy Office Parks REIT has successfully achieved a Five-Star rating in the Occupational Health and Safety review conducted by British Safety Council.
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It was magical. The 8th India Construction Festival held on October 14 in Mumbai was fast-paced, packed with knowledge, interspersed with high-level networking, and designed to elevate the mood with the inspiration created by the presence of the best of the best in the construction industry.
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The Ministry of Finance's Department of Expenditure has released Rs.17.64 billion to four states for grants to million-plus cities and urban agglomerations.
Sarbananda Sonowal, Union Minister of Ports, Shipping and Waterways and Ministry of Ayush, inaugurated multiple projects for the development of the inland waterways and marine sector in the Konkan region of Goa and Mangaluru.
Sarbananda Sonowal, Union Minister of Ports, Shipping and Waterways and Ministry of Ayush, inaugurated multiple projects for the development of the inland waterways and marine sector in the Konkan region of Goa and Mangaluru.
For diversification of clean coal energy, Coal India (CIL) signed an MoU with Rajasthan Vidyut Utpadan Nigam (RRVUNL), for developing a solar power project of 1,190 MW in Jaipur.
HG Infra Engineering’s subsidiary HG Khammam Devarapalle Package-2 has received an LoI from the National Highways Authority of India (NHAI) for appointed date declaration for constructing the four-lane access-controlled greenfield section of NH 365 BG of length 29.513 km under Inter Corridor Route of Bharatmala Pariyojana on HAM in Telangana
With Kerala Industrial and Technical Consultancy Organisation’s (KITCO) submission of the detailed project report (DPR) for the land acquisition to the National Highways Authority of India (NHAI), the development of the proposed Outer Ring Road (ORR) project in the capital has advanced one step
Union Minister Nitin Gadkari announced new projects worth Rs.70 billion for Uttar Pradesh; adding that by 2024, the road infrastructure of the state will be at par with that of the US.
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Rourkela has received approval from the State Environmental Impact Assessment Authority (SEIAA) to upgrade the city's airport in advance of the men's FIH Hockey World Cup in January of next year.
Global Infrastructure Partners (GIP) of the United States is in talks with Apollo Global to purchase up to $175 million in offshore bonds in Adani Airports.
In order to finance the remaining capital expenses for capacity development by September 2023, Delhi International Airport (DIAL) will issue up to Rs.16 billion through debentures.
The Navi Mumbai International Airport (NMIAL) is currently developing the airport to meet the growing air travel demand in the Mumbai Metropolitan Region.
The Cabinet Committee on Economic Affairs has approved the establishment of a container terminal in Tuna-Tekra, Deendayal Port on BOT basis on a PPP model.
The courts in Ahmedabad and Hyderabad have given their approval for Adani Ports and Special Economic Zone (APSEZ), to use a composite scheme of arrangement to acquire the remaining 58.1 per cent stake in Gangavaram Port (GPL).
Droupadi Murmu, President of India, has laid the foundation stones for four significant projects at the Deendayal Port Authority in Kandla, Gujarat, totalling more than Rs.2.80 billion.
The Dighi Port Industrial Area (DPIA) project, spread over 5,024 ha in Raigad district, is set to get the green light from the Ministry of Environment, Forest and Climate Change (MoEFCC).
Chennai Metropolitan Development Authority (CMDA) has announced a new railway station to be built across from the Kilambakkam bus stop, between the Vandalur and Urapakkam stations.
Indian Railways has started an ambitious project to electrify the entirety of its broad gauge network, which will not only improve fuel efficiency but also increase throughput while lowering fuel costs and conserving precious foreign money.
National Highways Infra Trust (NHAI InvIT), the infrastructure investment trust sponsored by the National Highway Authority of India (NHAI) to support the Government of India's National Monetisation Pipeline, has raised a total of Rs.14.3 billion through the placement of its units with domestic and foreign investors in order to partially finance the purchase of three additional road projects from NHAI.
Prime Minister Narendra Modi has recently launched the rural road scheme, Pradhan Mantri Gram Sadak Yojana (PMGSY)-III, in Himachal Pradesh, and has called for the upgradation of 3,125 km of rural roads.
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Suzlon has bagged an order to supply 23 wind turbines totalling 48.3 MW from Adani Green Energy. Suzlon will install its wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 2.1 MW each.
Green energy company, ReNew Power plans to invest Rs.300 billion over the next two years to scale up solar and wind energy capacities, according to reports.
Pennar Industries has bagged an order from NTPC Renewable Energy (NTPC REL) for its proposed 500 MW AC and 625 MW DC solar PV project at Bhadla in Rajasthan.
The Union Cabinet has approved the Prime Minister’s Development Initiative for the North East Region (PM-DevINE), a new scheme for the Northeastern states announced earlier this year in the Union Budget.
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Continental Automotive has gotten 850,000 sq ft of office space in Bengaluru for `8.5 bn, the largest buyout deal of ready commercial assets in Garden City in 2022.
UAE-based Lulu Group International is expanding into Gujarat, where it plans to invest Rs.30 billion to build India's largest retail mall in Ahmedabad.
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Sany Bharat, a leading manufacturer of construction equipment, heavy machinery and renewable energy solutions further strengthened their presence in West Bengal by opening a state-of-the-art 4S (sales, service, spare parts and skill development centre) office in Kolkata.
John Deere has expanded its line-up of large wheel loaders with the introduction of the all-new 744, 824 and 844 P-tier models under its Performance Tiering Strategy.
Caterpillar's next-generation small dozers – D1, D2 and D3 – now feature an improved suite of operator-assist technologies and come remote-control ready from the factory.
India’s leading manufacturer of earthmoving and construction equipment launched three new excavators for infrastructure and mining and quarrying applications.
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JSW Cement plans to invest more than Rs.32 billion on an integrated greenfield cement manufacturing facility in Madhya Pradesh and a split grinding mill in Uttar Pradesh, soon after acquiring India Cements.
Bharathi Cement has inaugurated an automated cement terminal in Tamil Nadu. This is the second such facility in the country, with the company aiming to strengthen the brand in the southern parts of the country.
The Swiss Agency for Development and Cooperation (SDC) has proposed a new cement mix based on environmental and energy efficiency – limestone calcined clay cement (LC3) – technology for the cement industry in Andhra Pradesh.
Ambuja Cements has raised Rs.50 billion by issuing 477.4 million warrants to the Adani family enterprise, Harmonia Trade and Investment. Ambuja Cement, has reportedly said the warrants were issued at a price band of Rs.418.87.
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Under the National Clean Air Programme 2019 (NCAP), the Ministry of Environment, Forests, and Climate Change (MoEFCC) plans to launch the 'Swachh Vayu Sarvekshan' programme, which will rank cities based on their actions to improve air quality.
Indore has been named India's cleanest city for the sixth time in a row, with Surat and Navi Mumbai coming in second and third place, respectively, in the Central government's annual cleanliness survey, which also named Madhya Pradesh the best-performing state.
Many companies that have applied for PLI schemes have expressed a strong interest to invest in Dholera Special Investment Region (DSIR), India's first greenfield industrial smart city being built near Ahmedabad.
Yogi Adityanath, Chief Minister of Uttar Pradesh, has announced that ten cities around the state, including Gorakhpur, have been chosen for the Smart Cities Mission in line with Prime Minister Narendra Modi's inspiration.
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Birla Estates has announced its acquisition of a 10-acre land parcel at Raja Rajeshwari Nagar, South Bengaluru. The project has a development potential of 1 million sq ft with a revenue potential of Rs.9 billion.
Private equity investment inflows into the Indian real estate sector stood at $322 million (Rs.26 billion) according to the latest report by Savills India.
Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, is pleased to announce that it has been awarded a 5-star rating by GRESB, the leading global ESG standard for real estate and infrastructure investments, for its entire 42.8 MSF operational and development portfolio.
Renowned architect Hafeez Contractor has called for an immediate change to Development Control (DC) rules so that buildings can be built with uniformity and in accordance with forward-looking laws.
REC Power Development and Consultancy (RECPDCL), a wholly owned subsidiary of REC, a Maharatna CPSE under the aegis of the Ministry of Power, handed over the project-specific SPV formed for the construction of Transmission Project, ‘ER NER Transmission’ to Power Grid Corporation of India.
CapitaLand Investment (CLI), a leading global real estate investment manager (REIM), has signed an MoU with the Confederation of Indian Industry (CII) – Indian Green Building Council (IGBC) to further the Net Zero movement in the country.
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