Coal India Signs MoU With Indian Port Rail to Boost Rail Infrastructure

09 Jun 2025 CW Team

Coal India Ltd (CIL) has signed a non-binding memorandum of understanding (MoU) with Indian Port Rail & Ropeway Corporation Ltd to develop and upgrade the rail infrastructure of the coal giant and its subsidiaries. The agreement was signed in Kolkata on 5 June 2025, signalling a strategic collaboration to improve coal transportation networks.

The Indian Port Rail & Ropeway Corporation is a joint venture formed by 11 major ports under the Ministry of Ports, Shipping and Waterways, which hold 90 per cent equity, and Rail Vikas Nigam Limited (RVNL) under the Ministry of Railways, which holds 10 per cent equity. The joint venture aims to provide efficient rail evacuation systems for major ports and enhance their capacity and throughput.

Coal India accounts for more than 80 per cent of India’s domestic coal production. In the financial year 2024–25, CIL produced 781.1 million tonnes (MT) of coal, which was nearly seven per cent below its annual target of 838 MT.

Looking ahead, Coal India has set ambitious targets for the financial year 2025–26, aiming to achieve a production volume of 875 MT and an offtake of 900 MT. The MoU with Indian Port Rail & Ropeway Corporation is expected to play a vital role in supporting these goals by strengthening the company’s rail logistics and transportation infrastructure.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..