Finance Minister Reviews Capex Plans

26 Sep 2024 CW Team

The Finance Minister recently conducted a review meeting concerning the capital expenditure (Capex) plans of the Ministry of Housing and Urban Affairs. This initiative aims to ensure efficient utilization of allocated funds for various urban development projects across the nation. During the meeting, the Finance Minister emphasized the importance of timely implementation of projects, particularly those aimed at enhancing housing availability and improving urban infrastructure.

Significant attention was given to the execution of the Pradhan Mantri Awas Yojana (PMAY), which seeks to provide affordable housing for all. The minister highlighted the necessity for states to expedite approvals and clearances to facilitate the smooth progress of projects under this flagship scheme. The discussions also included insights into how urban development plays a crucial role in the overall economic growth of the country.

Moreover, the review outlined the need for increased investment in smart city initiatives, aiming to transform urban landscapes through innovative technology and sustainable practices. The Finance Minister urged stakeholders to focus on enhancing urban living standards, including essential services such as sanitation, waste management, and public transportation.

The meeting served as a platform to address potential challenges faced by the housing and urban affairs sector, with an aim to streamline processes and encourage public-private partnerships. The commitment to revitalizing urban areas through effective capital allocation reflects the government's dedication to improving the quality of life in cities while promoting sustainable urbanization.

Infrastructure Energy

23 Oct 2025

GAIL to Set Up Bengaluru CBG Plant Under New Concession Pact

GAIL (India) Limited has signed a 20-year concession agreement with the Bengaluru City Municipal Corporation (BBMP) to set up a compressed biogas (CBG) plant in the city. The project, expected to produce around 10 tonnes of CBG daily, will utilise municipal solid waste as feedstock, contributing to clean energy generation and efficient waste management. The CBG produced will be used in GAIL’s City Gas Distribution network to promote cleaner fuel usage. The initiative aligns with the government’s Sustainable Alternative Towards Affordable Transportation (SATAT) scheme and GAIL’s broader ..

Uttarakhand HC Lifts 31-Year Ban on ONGC’s Contractual Hiring

The Uttarakhand High Court has lifted a 31-year-old ban on the Oil and Natural Gas Corporation (ONGC) from hiring contractual workers, a restriction imposed in 1993. The decision enables ONGC’s Dehradun establishment to employ personnel on a contractual basis to meet operational requirements. The long-standing prohibition had limited ONGC’s ability to fill vacancies in its technical and administrative departments, often leading to project delays and higher dependence on outsourcing. With the court’s directive, the public sector enterprise can now proceed with temporary recruitments whil..

JSW Energy’s Utkal Unit Bags 400 MW, 25-Year Power Supply Deal

JSW Energy Limited announced that its subsidiary, JSW Energy (Utkal) Limited, has secured a Letter of Award (LoA) from Karnataka’s Power Company of Karnataka Limited (PCKL) for the supply of 400 MW of electricity for 25 years. The agreement is part of a competitive bidding process for long-term procurement of power to meet the state’s growing energy demand. The 400 MW capacity will be supplied from JSW Energy’s upcoming thermal power project in Odisha. This development strengthens JSW Energy’s presence in the southern market and aligns with its strategy to enhance long-term contracte..