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Kochi water metro to begin ops by end April

The first set of boats will be launched on the Vyttila-Kakkanad route

Maharashtra Government clears broad gauge metro project

The Maharashtra Cabinet has cleared the Rs.3,336 million broad- gauge (BG) metro proposal of Maha Metro, the state’s metro rail project company. It will now be sent to the Central Government for its approval.

Current Affairs

Work on Zojila tunnel began on October 15, 2020, with a ceremonial blasting by Nitin Gadkari, Minister for Road Transport & Highways (MoRTH). The project involves the construction of a 14.15-km tunnel at an altitude of about 3,000 m under Zojila Pass (currently motorable for only six months a year) ..

MMRDA seeks project funding from German bank KfW

Explore possible funding opportunities for its urban infrastructure projects Tag

MMRDA is in talks with German state-owned development bank KfW for funding urban infra projects

The Frankfurt based German State-owned development bank, KfW, will explore funding opportunities with MMRDA

Execution challenges prevail in capital-intensive metro-rail projects

Construction period and capital-investment make debt servicing a challenge

Energy-efficiency projects in India to get a boost with EESL raising domestic bond funds

Energy Efficiency Services (EESL) has made its maiden issuance of bonds in the domestic market to fund energy-efficiency projects in India. Domestic bonds worth Rs 500 crore were issued to investors on private placement basis at a coupon rate of 8.0 per cent per annum.

Dhule to have solar power plant

A 150 MW solar power plant will be set up in Dhule district in Maharashtra with financial assistance of around €250 mn from KFW, a German investment bank. The project claims to be one of the biggest in the country.

Scaling New Heights

Located in Frankfurt, Germany, and designed by Sauerbruch Hutton architects, KfW Westarkade was recently awarded the 2011 Overall 'Best Tall Building Worldwide' by the Council on Tall Buildings and Urban Habitat.

Rs.8,000 cr loan for solar projects

The Centre has plans to obtain soft loans for its rooftop solar power projects. For this purpose, the Government is in talks with international funding institutions such as World Bank

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