Coal Ministry Opens Bids for 12th Commercial Block Auction
The Nominated Authority under the Ministry of Coal has opened bids for the 12th round of commercial coal block auctions, excluding six underground coal blocks. The round attracted notable interest from participants, with bids submitted for 11 out of the 22 available blocks. The online bids were decrypted and accessed electronically in the presence of bidders. Following this, sealed envelopes containing physical bid documents were also opened in front of the participants. The entire procedure was displayed live on screen for complete transparency. In total, 41 bids—both online and offlin..
India To Export Rs 30 Billion Locomotives To Guinea
India will export 150 Evolution Series ES43ACmi locomotives worth over Rs 30 billion to the Republic of Guinea for use at the Simandou iron ore project site, the Ministry of Railways announced on Monday, 16 June 2025.Manufactured at the Railway Locomotive Factory in Marhowrah, Bihar, the locomotives are part of the Make-in-India initiative and will be supplied in phases: 37 units in the current financial year, 82 units next year, and the remaining 31 in the third year.The 4,500-horsepower locomotives feature AC propulsion, regenerative braking, microprocessor-based controls, and modular archit..
Centre Offers Rs 180 Billion for Urban Planning Reforms
In a move to accelerate comprehensive urban planning reforms across India, the central government has announced Rs 180 billion in special capital investment assistance for 2025–26. States and Union Territories (UTs) can apply for these funds to implement measures focused on improving governance, urban finance, land use, and the overall ease of doing business.According to a communication issued by the Ministry of Finance (MoF) on 22 May, funds will be disbursed as per a detailed guideline and on the recommendation of the Ministry of Housing and Urban Affairs. The reforms aim to bring structur..
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