PM Modi to launch Rs 10,400 cr energy projects
POWER & RENEWABLE ENERGY

PM Modi to launch Rs 10,400 cr energy projects

Prime Minister Narendra Modi is set to dedicate various initiatives in the petroleum and natural gas sector, totaling Rs 10,400 crore, as part of his upcoming visit to Pune, Maharashtra, on September 26. This announcement represents a significant boost to India's energy infrastructure.

During his visit, Modi will inaugurate the completed first phase of the Pune Metro Rail Project, which includes the newly finished underground section from District Court to Swargate, built at a cost of Rs 1,810 crore. He will also lay the foundation stone for the Swargate-Katraj Extension of the Pune Metro, estimated at Rs 2,950 crore.

Key highlights of his visit include the launch of several green initiatives aimed at reducing carbon emissions and promoting cleaner mobility. This includes dedicating 500 new electric vehicle (EV) charging facilities nationwide, part of a broader plan to establish 10,000 EV charging stations by FY 2025, with a budget of Rs 1,500 crore. Additionally, he will inaugurate 20 Liquefied Natural Gas (LNG) stations, with plans for 50 more across various states, involving an investment of approximately Rs 500 crore.

PM Modi will also unveil 1,500 retail outlets for E20 (20% ethanol-blended) petrol, reflecting the government's commitment to sustainable energy practices, with a project cost of around ?225 crore.

Further, the visit will see the inauguration of wayside amenities for truck and cab drivers, constructed at a cost of Rs 2,170 crore across several states, including Maharashtra, Punjab, Gujarat, and Karnataka. These facilities aim to enhance the travel experience by providing services such as boarding, lodging, and safe parking.

On a larger scale, the prime minister will inaugurate Solapur Airport and the Bidkin Industrial Area, which are expected to promote economic growth in the Marathwada region as part of the National Industrial Corridor Development Program.

Prime Minister Narendra Modi is set to dedicate various initiatives in the petroleum and natural gas sector, totaling Rs 10,400 crore, as part of his upcoming visit to Pune, Maharashtra, on September 26. This announcement represents a significant boost to India's energy infrastructure. During his visit, Modi will inaugurate the completed first phase of the Pune Metro Rail Project, which includes the newly finished underground section from District Court to Swargate, built at a cost of Rs 1,810 crore. He will also lay the foundation stone for the Swargate-Katraj Extension of the Pune Metro, estimated at Rs 2,950 crore. Key highlights of his visit include the launch of several green initiatives aimed at reducing carbon emissions and promoting cleaner mobility. This includes dedicating 500 new electric vehicle (EV) charging facilities nationwide, part of a broader plan to establish 10,000 EV charging stations by FY 2025, with a budget of Rs 1,500 crore. Additionally, he will inaugurate 20 Liquefied Natural Gas (LNG) stations, with plans for 50 more across various states, involving an investment of approximately Rs 500 crore. PM Modi will also unveil 1,500 retail outlets for E20 (20% ethanol-blended) petrol, reflecting the government's commitment to sustainable energy practices, with a project cost of around ?225 crore. Further, the visit will see the inauguration of wayside amenities for truck and cab drivers, constructed at a cost of Rs 2,170 crore across several states, including Maharashtra, Punjab, Gujarat, and Karnataka. These facilities aim to enhance the travel experience by providing services such as boarding, lodging, and safe parking. On a larger scale, the prime minister will inaugurate Solapur Airport and the Bidkin Industrial Area, which are expected to promote economic growth in the Marathwada region as part of the National Industrial Corridor Development Program.

Next Story
Real Estate

Dharavi Rising

Dharavi, Asia’s largest informal settlement, stands on the cusp of a historic transformation. With an ambitious urban renewal project finally taking shape, millions of residents are looking ahead with hope. But delivering a project of this scale brings immense challenges – from land acquisition to rehabilitate ineligible residents outside Dharavi and rehabilitation to infrastructure development. It also requires balancing commercial goals with deep-rooted social impact. At the helm is SVR Srinivas, IAS, CEO & Officer on Special Duty, Dharavi Redevelopment Project (DRP), Government..

Next Story
Real Estate

MLDL Records 20.4% Growth in Pre-Sales

Mahindra Lifespace Developers Limited (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced its financial results for the quarter ended March 31, 2025. In line with INDAS 115, the company recognises revenues using the completion of contract method. Key highlights FY25: Consolidated sales (Residential and IC&IC) of Rs 32.99 billion. Gross development value (GDV) additions in FY25 were Rs 1.81 trillion compared to Rs 440 billion in FY24 (~4x growth). Residential pre-sales of Rs 28.04 billion in FY25, reflecting 20.4% growth o..

Next Story
Infrastructure Transport

UCSL Delivers India's First Green Cargo Vessel to Norway

In a landmark achievement for Indian shipbuilding and the Atma Nirbhar Bharat initiative, Udupi Cochin Shipyard Limited (UCSL), a subsidiary of Cochin Shipyard Limited (CSL), has delivered the first of six next-generation green cargo vessels to Norway-based Wilson Ship Management AS, Europe’s largest short-sea shipping operator. The 3,800 DWT vessel, named Wilson Eco 1, was handed over during a ceremony at New Mangalore Port. The delivery is part of a Rs 5.06 billion project supported by Norway’s green maritime funding programme, marking India's entry into the European eco-friendly ca..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?