Maharashtra Cabinet Approves Metro-1 Stake Buyout from R-Infra

14 Mar 2024 CW Team

The Maharashtra Cabinet has granted approval for the acquisition of Reliance Infrastructure's stake in Metro-1, a significant move aimed at bolstering state control over crucial urban transportation infrastructure. This decision underscores the government's commitment to enhancing public transit systems and ensuring efficient mobility solutions for residents.

Reliance Infrastructure's stake buyout in Metro-1 signifies a strategic shift towards greater government involvement in key urban transport projects. The move is expected to streamline decision-making processes and facilitate better coordination for the expansion and improvement of metro services in Maharashtra.

The acquisition is poised to bring about positive changes in the management and operation of Metro-1, potentially leading to enhanced service quality and reliability. This development aligns with the state government's broader agenda of prioritizing sustainable and efficient modes of transportation to address growing urban mobility challenges.

With the Maharashtra Cabinet's nod, the stage is set for smoother transitions in Metro-1's governance structure, paving the way for collaborative efforts between public and private entities to further elevate the standards of urban transportation in the state.

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..