COP29 in Baku Crucial for Climate

12 Nov 2024 CW Team

The upcoming COP29 in Baku is seen as a pivotal moment in the global fight against climate change. With increasing pressure on countries to accelerate their climate commitments, this conference will serve as a critical platform for setting actionable targets for reducing global emissions, addressing the climate crisis, and aligning global economies with sustainable practices.

As the world grapples with rising temperatures, extreme weather events, and the urgency to shift towards a net-zero future, COP29 will focus on tightening the rules of the Paris Agreement, including enhanced financial support for developing nations and stronger monitoring mechanisms for climate action. It is expected that countries will discuss scaling up renewable energy sources, investing in green technologies, and transitioning away from fossil fuels.

Experts warn that this year's discussions must go beyond pledges and translate into binding commitments and actions. This is especially significant for industries like energy, transportation, and manufacturing, where major shifts are required to reduce their carbon footprints.

The outcome of COP29 will likely influence global climate policies and impact the trajectory of international efforts to keep global warming well below 2°C. With host country Azerbaijan, located in a critical energy-producing region, discussions will also touch on the role of fossil fuel nations in the transition to a more sustainable energy future.

Infrastructure Transport

17 Sep 2025

Three Firms Shortlisted for Rs 332 Million Delhi Metro Contract

Three firms have qualified for the electrification contract D2E-12 of Delhi Metro Phase 4’s Line 10 and Line 5 extension. Line 10 spans 23.622 km, connecting Aerocity and Tughlakabad with 15 stations, while the Line 5 extension covers 12.58 km between Inderlok and Indraprastha with 10 stations.In June 2025, the Delhi Metro Rail Corporation (DMRC) invited bids for this contract. The technical bids were opened on 4 August 2025, with four firms submitting proposals. During the evaluation, one firm’s bid was rejected.The three qualified firms are:M/s A.K. Infra ProjectsM/s Kalpataru Projects I..

L&T Seeks to Sell Hyderabad Metro Stake Amid Financial Losses

Infrastructure major Larsen & Toubro Limited (L&T) has expressed its intention to sell its stake, exceeding 90 per cent, in the L&T Hyderabad Metro Rail project to either the state or central government through a new Special Purpose Vehicle (SPV), citing operational and accumulated losses.In a letter addressed to the Ministry of Housing and Urban Affairs (MoHUA), L&T Metro Rail stated that despite repeated follow-ups, the Telangana government has not provided the expected financial assistance. The delay is worsening the financial distress of the concessionaire, making the situa..

Ixigo Launches Delhi Metro Ticketing on Its Trains App

Online travel aggregator (OTA) ixigo has partnered with the Delhi Metro Rail Corporation (DMRC) and the Open Network for Digital Commerce (ONDC) to launch Delhi Metro ticketing on the ixigo Trains app on 12 September.As part of the collaboration, ixigo Trains now offers QR-based metro tickets with in-app payments. Users can plan and book end-to-end journeys across trains, buses, flights, hotels and now metro services on a single platform.The DMRC operates nearly 400 km of network across more than a dozen lines, making it India’s largest and busiest metro system. In August 2025, it recorded i..