Juniper Green Energy, Power Finance Corporation sign MoU

25 Jul 2023 CW Team

Juniper Green Energy and the state-owned Power Finance Corporation have entered into a Memorandum of Understanding (MoU) worth Rs 50 billion to finance the company's renewable energy initiatives. The agreement aims to fund projects with a total capacity of 1200 MW.

In a statement, the Chief Financial Officer (CFO) of Juniper Green Energy, Parag Agrawal, expressed enthusiasm about the collaboration, highlighting its significance in enabling the company to actively contribute to India's sustainable energy sector and support its exponential growth in renewable energy.

Infrastructure Urban

17 Oct 2025

CBI arrests NHIDCL official in Rs 1 Mn bribery case and seizes Rs 20.62 Mn

The Central Bureau of Investigation (CBI) has arrested Maisnam Riten Kumar Singh, Executive Director and Regional Officer of the National Highways and Infrastructure Development Corporation Limited (NHIDCL), Guwahati, for allegedly accepting a bribe of ₹10 lakh from a private individual in connection with a highway project in Assam.According to a , the arrest followed a trap laid on October 14, after the agency received source-based information regarding the alleged demand for illegal gratification. Singh was reportedly caught red-handed while accepting the money from a representative of a..

IRFC Posts Record Profit as Diversification Boosts Growth

Indian Railway Finance Corporation (IRFC), a Navratna CPSE under the Ministry of Railways, has reported its highest-ever profit after tax (PAT) driven by strategic diversification and improved margins. For the quarter ended 30 September 2025, IRFC posted a PAT of Rs 17,769.8 million, a 10.19 per cent increase from Rs 16,126.5 million in the same quarter last year. For the half-year, PAT rose 10.45 per cent year-on-year to Rs 35,226.7 million. Total income stood at Rs 63,719.1 million for Q2 and Rs 132,901.5 million for the half-year, supported by effective liability management and steady asse..

KMEW to launch River Pearl Cruise linking Statue of Unity & Omkareshwar

Knowledge Marine & Engineering Works Limited (KMEW) has received a Letter of Acceptance (LoA) from the Madhya Pradesh Tourism Board (MPTB) to build and operate a luxury cruise between Kukshi in Madhya Pradesh and the Statue of Unity in Gujarat along the Narmada River. The 20-year project covers a 135-km stretch and marks KMEW’s official entry into India’s maritime tourism sector. The LoA was formally presented at the Madhya Pradesh Travel Mart 2025 by Hon’ble Union Minister of Culture Gajendra Singh Shekhawat, Chief Minister Dr. Mohan Yadav, and Minister of State for Tourism Dharmen..