REC to offer financial assistance for Bangalore Metro project

P Govt Signs MoU With NaBFID for Amaravati Infrastructure Advisory

The Andhra Pradesh Capital Region Development Authority (APCRDA) has signed a Memorandum of Understanding (MoU) with the National Bank for Financing Infrastructure and Development (NaBFID) for Transaction Advisory Services. The agreement was signed in the presence of Hon’ble Chief Minister Shri N. Chandrababu Naidu. As per the MoU, NaBFID will support APCRDA in designing a financial strategy and evaluating implementation models including Public-Private Partnerships (PPP) for infrastructure projects in Amaravati. It will also assist in identifying revenue sources and land monetisation op..

Gentari and Shell team up to boost EV charging network in India

Gentari Green Mobility India and Shell India have entered into a strategic roaming partnership aimed at improving electric vehicle (EV) charging accessibility across the country. Starting from 10 July, users of the Gentari Go app will be able to access Shell Recharge charging stations, while Shell Recharge users will also gain access to Gentari’s charging network, covering over 450 chargers.This collaboration is designed to expand the EV charging infrastructure and improve service quality in India by enabling interoperability between the two platforms. Gentari Go already operates more than 3..

Maharashtra may allow higher FSI in Mumbai airport funnel zone

The Maharashtra government is considering the possibility of allowing higher potential Floor Space Index (FSI) for buildings located within Mumbai's airport funnel zone, in response to the redevelopment challenges caused by stringent height restrictions in these areas.The affected regions mainly include Vile Parle, Santacruz, and Kurla. As part of its revised policy for the funnel zone, the state government is, for the first time, offering Transfer of Development Rights (TDR) specifically for redevelopment purposes rather than for land acquisition.The issue was highlighted in the Assembly, whe..