Green Channel facilitates movement of heavy machinery

Green Channel facilitates movement of heavy machinery

Officials have established a dedicated green channel spanning multiple states to facilitate the transportation of heavy machinery and equipment via railways and roadways. This initiative aims to support the implementation of four alternative strategies in the event of obstacles encountered during horizontal drilling by auger machines, as stated by officials. The seamless movement of heavy equipment is being ensured in Odisha, Gujarat, Mumbai, and Ghaziabad in Uttar Pradesh.

The Prime Minister's Office (PMO) is actively coordinating the transportation of these heavy machines, maintaini..

Nepal to tackle issues in Arun III hydropower project

In a high-level meeting, Nepal Prime Minister Pushpa Kamal Dahal 'Prachanda' chaired the discussion and recommended that issues concerning the entry route of the Arun III Hydropower Project, the country's largest with a capacity of 900 MW, currently being constructed by an Indian company, should be resolved to ensure its timely completion. The project, located on the Arun River, is a run-of-the-river hydropower venture undertaken by SJVN Arun-III Power Development Company (SAPDC), a wholly-owned subsidiary of India's Satluj Jal Vidyut Nigam (SJVN).

SJVN operates as a joint venture bet..

Arunachal govt to hand over hydropower projects to two CPSUs

According to officials in this city on Wednesday, the Arunachal Pradesh government has agreed to transfer control of five hydroelectric projects with a total generation capacity of 2820 MW to two Central Public Sector Undertakings (CPSUs). The Chief Minister's Office (CMO) official estimated that these five projects would cost $400 million to $400 billion to complete over the following five to seven years.

Two hydroelectric projects, Naying (1,000 MW) and Hirong (500 MW), would be given to the North Eastern Electric Power Corporation Limited (NEEPCO), and Satluj Jal Vidyut Nigam Li..

NCLAT Halts ATS Projects' Insolvency

The National Company Law Appellate Tribunal (NCLAT) has intervened to halt the insolvency process of ATS Projects, a significant development in the ongoing legal proceedings. This decision comes amidst the insolvency proceedings initiated against ATS Projects, which had faced financial challenges in recent times.

The NCLAT's decision to halt the insolvency process reflects a significant development in the legal proceedings concerning ATS Projects. This intervention underscores the complexity of the case and the need for careful consideration of all aspects before proceeding further with..

IL&FS Seeks MMRDA Approval for Mumbai HQ Transfer

IL&FS (Infrastructure Leasing & Financial Services) has initiated steps to secure fresh approval from the Mumbai Metropolitan Region Development Authority (MMRDA) for the transfer of its headquarters in Mumbai. This move signifies the company's commitment to streamline its operations and realign its corporate infrastructure.

The decision to seek renewed approval from MMRDA comes amid IL&FS's efforts to optimise its resources and enhance operational efficiency. The proposed transfer of its headquarters reflects IL&FS's strategic real estate management approach aimed at consolidating its ..