Ministry of Coal aims for 1,404 MT coal production by 2027
The Union Ministry of Coal is targeting coal production of 1,404 million tonnes by 2027 and 1,577 million tonnes by 2030, up from the current production of about one billion tonnes per annum. The plan includes opening new mines, expanding capacities
CEA approves SJVN's Rs 40,000-cr hydro projects in Arunachal Pradesh
The Central Electricity Authority (CEA) greenlights SJVN's Rs 40,000 crore hydro projects in Arunachal Pradesh. The 3,097 MW Etalin HEP and 680 MW Attunli HEP mark significant developments, with Etalin set to become the country's
Tamil Nadu initiates Rs 1,500-cr Adyar River Restoration via PPP model
Tamil Nadu establishes an SPV for the Rs. 1,500 crore Adyar River restoration project. The 'One River, One Operator' model, led by Chennai Metrowater in collaboration with government agencies, aims for comprehensive eco-restoration. The concessionaire
UP State Bridge Corporation seeks bids for Ayodhya construction works
The UP State Bridge Corporation is inviting bids for construction projects in Ayodhya, Uttar Pradesh. The scope includes designing and building two four-lane road over bridges, one of which involves the railway portion. Additionally, the contract encompasses
REC Ltd & RailTel sign MoU for Rs 30,000-cr infrastructure support
State-owned REC Ltd and RailTel Corporation of India have inked a Memorandum of Understanding committing Rs 30,000 crore for diverse infrastructure projects spanning telecom, data centers, railway and metro systems, and the KAVACH Train Collision
Allcargo Supply Chain launches Grade A chemical warehouse in Navi Mumbai
Allcargo Supply Chain Pvt Limited (ASPL) has set up a state-of-the-art Grade A chemical warehousing facility at its mega multi-user chemical warehousing complex at Uran in Navi Mumbai. Spanning over 1.6 lakh sq. ft., this hi-tech chemical warehousing
L&T Construction bags irrigation projects in Odisha & Madhya Pradesh
Larsen and Toubro (L&T) announced that its subsidiary, L&T Construction, has secured significant work orders from the governments of Odisha and Madhya Pradesh. While the order value remains undisclosed, it falls within the classification of orders ranging
B L Kashyap and Sons bags Rs 271-cr contracts in Pune & Bangalore
B L Kashyap and Sons, expanding its presence in the civil infrastructure sector, has secured two contracts totaling around Rs 271 crore. The first contract, valued at Rs 80 crore, comes from Jaganmayi Manor (JMPL) for the development of Sattva
Nuvoco Vistas Corporation unveils Ready-Mix Concrete Plant in Navi Mumbai
Nuvoco Vistas Corporation has launched a cutting-edge ready-mix concrete plant in Nerul, Navi Mumbai, as part of its strategic expansion in the construction industry. Positioned strategically to cater to the infrastructure demands of the region, the plant
PSP Project emerges L1 bidder for Rs. 357-cr dam project
PSP Projects has emerged as the lowest bidder (L1 bidder) for the development of the Dharoi Dam region in Dharoi, Gujarat, involving an investment of Rs 357.08 crore. In this regard, NTPC has identified at least nine states where it plans to build pumped
Craftsman plans Rs.160-cr manufacturing complex in Coimbatore
Diversified engineering player Craftsman Automation has decided to set up a new manufacturing complex with an investment of Rs. 150-160 crore. The company has also rolled out future expansion plans for all three of its businesses, which include automotive
UAE to invest $50-bn in Indian infrastructure sector
The United Arab Emirates (UAE) is contemplating investing $50 billion in India for key infrastructure projects and assets owned by the Central government’s in the country. The countries have been seeking to bolster ties over the past decade, and aim to
Uttarakhand signs MoUs worth Rs. 94,000-cr with industrial groups: CM
The Uttarakhand government has signed MoUs worth nearly Rs 94,000 crore with various industrial groups so far, ahead of the Global Investors Summit. Chief Minister Pushkar Dhami highlighted that projects aimed at expanding air, rail, road and ropeway
France fires €100-mn into Indian urban infrastructure
France has made a significant announcement worth €100 million loan to strengthen urban infrastructure within India’s Smart City Mission, under the collaborative ties between the European Union and India. This financial support, a testament to
IRB Infrastructure Trust completes Rs. 6,400-cr refinancing for 5 BOT assets
IRB Infrastructure Developers Ltd sponsored IRB Infrastructure Trust (the Private InvIT) has completed the major refinancing exercise for its five BOT Assets amounting to a total of Rs.6,400 crores. It has approx. 20% share in Golden Quadrilateral
Shakti Hormann to invest Rs. 175-cr in fire-rated doors
Doors manufacturer Shakti Hörmann plans to invest Rs 175 crore in setting up a greenfield fire-rated wood and steel doors manufacturing facility in Jaipur, Rajasthan. This state-of-art facility will cater to the commercial and residential doors market
PM dedicates 77 km stretch of WDFC to the nation
The Prime Minister has dedicated a 77 km long stretch of the all-new Bhandu-New Sanand section within the Western Dedicated Corridor to the nation, strengthening the connectivity of North Gujarat with major ports like Pipavav, Porbandar and
Centre bats for single agency to plan, monitor & evaluate infra projects
In view of the government’s increased thrust on infrastructure development and huge hike in investment, the Centre has decided to set up a single agency for infrastructure planning, monitoring, and evaluation. This has been aimed at ensuring infrastructure
Nagpur to get Rs.2,400-cr multi modal international cargo hub
The Union government has planned to build a Multi Modal International Cargo Hub and Airport (MIHAN) project at an investment of Rs. 2,400 crore in Nagpur, informed Union Transport Minister Nitin Gadkari. The project will be expanded towards Gurgaon
PM inaugurates projects worth Rs. 5800-cr in Gujarat
Prime Minister Narendra Modi has inaugurated projects worth around Rs 5800 crores in Mehsana, Gujarat. The projects include multiple sectors such as rail, road, drinking water and irrigation. He said that these projects will further improve connectivity and
Beam collapses at Delhi-Meerut RRTS site
A construction gantry's 17-meter-long side beam, which was utilised for laying tracks, collapsed onto a car in Meerut, resulting in severe injuries to a police constable. This incident took place within the under-construction Delhi-Ghaziabad-Meerut Regional
CCEA approves Rs. 2,554-cr Jamrani Dam project in U’khand
The Cabinet Committee on Economic Affairs (CCEA) has approved the inclusion of Jamrani dam multipurpose project in Uttarakhand under the Pradhan Mantri Krishi Sinchayee Yojana-Accelerated Irrigation Benefit Programme (PMKSY-AIBP), involving an
PM reviews Rs. 31,000-cr projects under PRAGATI
The Prime Minister, in a meeting of PRAGATI, an ICT-based multimodal platform for quicker implementation of projects, has reviewed the progress of eight key projects. These projects are spread across seven states and involve an investment
Dehradun to Mussoorie Rs. 300-cr ropeway set for launch in Sept 2026
The Rs. 300 crore mono-cable ropeway project linking Dehradun to Mussoorie is scheduled to be completed by September 2026. The ropeway will cut down the 33 kms driving distance between Dehradun and Mussoorie, which can currently take from
PM launches Rs.7,500-cr projects in Maharashtra
The Prime Minister has launched projects worth over Rs 7,500 crore in Maharashtra and inaugurated the 37th National Games in Goa. He also dedicated a canal network of the dam to the nation and laid the foundation stones of multiple development projects
India emerges AIIB’s largest market for infra financing
India has emerged as an attractive destination for project funding by the Asian Infrastructure Investment Bank (AIIB), surpassing all other countries in terms of infrastructure development. The AIIB has directed a significant portion of its funds towards
ADB approves $400-mn to fund quality infra projects
The Asian Development Bank (ADB) has approved $400-million policy-based loan to India with the aim of enhancing infrastructure quality, ensuring the delivery of reliable public services, and establishing efficient governance systems. This loan is part
Shyam Metalics seals Rs. 351-cr Mittal Corp acquisition deal
Shyam Metalics and Energy (SMEL) has successfully completed the acquisition of Mittal Corp, making an investment of Rs. 351 crore through its wholly-owned subsidiary, Shyam Sel and Power. This strategic acquisition is aimed at expanding SMEL's
India launches Rs 3.5 lakh-cr IMEEC project, linking 8 ports
The Indian government has initiated the development of the India Middle East Europe Economic Corridor (IMEEC), which will connect 8 eastern coast ports with a railway line at an estimated cost of Rs 3.5 lakh crore. In this connection, the finance minister
HIMUDA gets approval for Rs 1,373-cr project in Shimla
The Himachal Pradesh Housing and Urban Development Authority (HIMUDA) has secured approval to acquire land for the development of a new township called ‘Mountain City’ on the outskirts of Shimla, involving an investment of Rs. 1,373 crore. This new
