Once completed, the merger will strengthen Indiaās ability to finance large-scale power and renewable energy projects through a unified, globally competitive institution. The boards of Power Finance Corp. Ltd (PFC) and REC Ltd (REC) have approved a merger scheme that will combine Indiaās two leading government-backed power sector financiers into a single entity with a...
Author: admin (Infratructure Today)
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HyperNext to Deploy Kirloskarās Optiprime Systems for Indiaās First 800VDC Data Centres
The order represents one of Indiaās largest deployments of highācapacity backup power systems for hyperscale data centres. Kirloskar Oil Engines Ltd (KOEL), one of Indiaās leading power generation manufacturers, has secured a landmark order from HyperNext, a hyperscale data centre builder and operator. The order comprises 192āÆMW, 96 units of Puneāheadquartered KOELās 2500āÆkVA Optiprime Dual...
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RVNL Secures ā¹29.77 Billion NMDC Project for Advanced Iron Ore Hub in Visakhapatnam
The company will oversee the project from concept to commissioning, scheduled for completion within 42 months across a 472āhectare site. The railway infrastructure major, Rail Vikas Nigam Ltd (RVNL), has been awarded a landmark project by the mining sector leader, NMDC, for the execution of a stateāofātheāart buffer stockpiles and blending yard facility at Visakhapatnam,...
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VOC Port Sets Benchmark in Green Maritime Growth With 45% Emission Cut
The portās first sustainability report shows renewable energy now offsets nearly 94 per cent of total consumption, while net carbon emissions have fallen by about 45 per cent. Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal has commended VO Chidambaranar Port Authority (VOCPA) for emerging as a model of sustainable maritime development in India....
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NHAI, NCAER Join Hands to Launch Indiaās First Centre for Transport Economics
Indiaās first permanent and independent research centre dedicated to the economics of transportation, mobility, and logistics aims to advance evidenceābased policymaking. The national highway development agency, the National Highways Authority of India (NHAI), has signed an MoU with the economic policy think tank, the National Council of Applied Economic Research (NCAER), to establish the NHAI...
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India Clears LNG Diversification Test Amid West Asia War and Hormuz Closure
Even as the Strait of Hormuz reopens to restore energy flows and bolster market confidence, normalisation and inventory recovery will take longer, a new S&P analysis has noted. Indiaās diversified energy sourcing strategy mitigated major disruptions caused by the West Asia conflict, keeping April and May 2026 liquefied natural gas (LNG) imports near normal levels...
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India Surges to Global Leadership in Ship Recycling with 35% Market Share
Indiaās ship recycling sector expanded to 2.99 million gross tonnes (GT) in 2025, nearly 60 per cent higher than 1.86 million GT in 2024, achieving the Maritime India Vision 2030 target of global leadership well ahead of schedule. India has emerged as the worldās leading ship recycling nation in 2025, ranking first globally, according to...
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DHL Group Expands New Energy Logistics Amid Global Supply Shifts
Driven by strong customer demand, DHL Group aims to grow revenue in new energy logistics from around ā¬600 million in 2025 to ā¬3 billion by 2030. Amid fossil fuel supply disruptions, global logistics leader DHL Group has announced plans to strengthen its capabilities and presence in the new energy sector, targeting significant revenue growth from...
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INāSPACe Funds Three Startups to Propel Indigenous Space Innovation
The chosen projects are designed to deliver transformative technologies that enhance Indiaās competitiveness in the global space economy. The Indian National Space Promotion and Authorisation Centre (INāSPACe), the nodal agency supervising private participation in Indiaās spacetech sector, has selected three startups for funding under its Technology Adoption Fund (TAF) Scheme. Astrobase Space Technologies, SatSure Analytics...
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AM/NS India, IIT Roorkee Forge Strategic Pact for Manufacturing Innovation
ArcelorMittal Nippon Steel India (AM/NS India) and the Indian Institute of Technology (IIT) Roorkee have signed a MoU to collaborate across education, research, innovation, and industry engagement. The partnership combines the industrial expertise and global manufacturing footprint of AM/NS India with the academic and research excellence of IIT Roorkee to advance talent development, applied research,...