The project will be implemented through a special purpose vehicle (SPV), with DGPC holding 60 per cent equity and Tata Power 40 per cent, which will become an associate company of Tata Power after its proposed commissioning in September 2031. Tata Power and Bhutan’s Druk Green Power Corp. (DGPC) have signed commercial agreements to jointly...
Author: admin (Infratructure Today)
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IndiGo Commits $820 Million to Transform Fleet Ownership Via GIFT City Finance Hub
India’s largest airline said on Friday it will channel the $820 million investment through equity shares and 0.01 per cent non‑cumulative optionally convertible redeemable preference shares (OCRPS), to be structured across multiple tranches. In a significant move to reshape its fleet financing strategy, IndiGo, India’s largest airline by passenger volume and fleet, has approved a...
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NHAI Launches RIIMPL to Drive Public InvIT for Highway Monetisation
RIIMPL will establish governance frameworks aligned with SEBI regulations, with the first public issuance of units for retail investors expected in February 2026. In a major step toward strengthening road asset monetisation and expanding investment opportunities in national highway infrastructure, the National Highways Authority of India (NHAI) is establishing the Raajmarg Infra Investment Trust (RIIT)...
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Northeast to Anchor India’s Inland Waterways Revival, Says Shipping Minister Sonowal
Speaking at an energy conclave in Guwahati on Thursday, Sonowal said the rapid modernisation of India’s inland waterways is unlocking major economic opportunities while strengthening petroleum supply chains and export routes from Assam to Bangladesh and Southeast Asia. Union Minister for Ports, Shipping, and Waterways Sarbananda Sonowal has stated that inland waterways, particularly those in...
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Noida International Airport Boosts Regional Access with UPSRTC Bus Partnership
The tie‑up builds on NIA’s earlier partnerships with Haryana Roadways, Uttarakhand Transport Corp., and Delhi Transport Corp., which provide direct bus connectivity to major urban centres such as Delhi, Gurgaon, Faridabad, Chandigarh, Dehradun, and Haridwar. Noida International Airport (NIA) has expanded its ground connectivity by partnering with the Uttar Pradesh State Road Transport Corporation (UPSRTC)....
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IndiGo Links Madhya Pradesh’s Indore Commercial Hub with Rewa White Tiger Territory
The new service will connect Rewa to IndiGo’s extensive network, with onward links to Delhi, Mumbai, Bengaluru, Hyderabad, Kolkata, Chennai, Ahmedabad, Pune, Jaipur, Bhubaneswar, Raipur, Lucknow, and Nagpur. As part of its sustained strategy to consolidate presence on domestic routes, IndiGo—India’s largest airline by passenger volume and fleet—has announced new daily, direct flights between Indore...
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INOXGFL Group and KP Energy Seal Renewables Partnership for Pan-India Wind and Solar Projects
Although similar tie-ups exist among players such as Suzlon and Adani Green, the scale and exclusivity of this agreement underscore its importance as a further step towards consolidation in India’s $23.9 billion renewables landscape. It was a busy Wednesday at Noida-headquartered INOXGFL Group, as its subsidiaries Inox Wind Ltd (IWL) and Inox Solar Ltd (ISL)...
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Green Ferry Infrastructure on Yamuna to Transform Delhi Cruises and Transport: Sonowal
Developed at an estimated cost of ₹200 million, the Yamuna Boat Tourism and Ferry Infrastructure Project is currently under review, with facilities being readied to support future operations. Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal has said that river cruises and ferry services in Delhi will receive a fillip with the launch of...
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Indian Railways Unveils Cement Freight Policy with Flat Rates, New Containers, and Bulk Terminals
Cement freight will now be charged at a flat rate of ₹0.90 per tonne per kilometre, based on actual distance covered. Indian Railways, the world’s fourth‑largest rail transporter, has rationalised freight rates, introduced customised containers, and unveiled a new policy to establish bulk terminals for cement. The initiative is being viewed as part of the...
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India’s Spacetech Startups Propel Sector Towards $45 Billion Growth, Says Jitendra Singh
The Minister of State for Science & Technology and Space has urged more conversations on India’s achievements in “extra‑rocket applications of space,” where technology is harnessed to make daily life easier. Commending the role of India’s space technology startups in boosting the sector, Minister of State for Science & Technology and Space Jitendra Singh said...