Siemens Gamesa, the renewable energy leader in the country has won India's first large commercial level renewable hybrid project from one of the leading Independent Power Producers in the country.
Author: admin (Infratructure Today)
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JICA to aid VaranasiÂ’s Convention Centre
Japan International Cooperation Agency (JICA) signed a Grant Agreement with the Government of India to provide grant aid of up to Rs 130 crore for the construction of the International Cooperation and Convention Centre in Varanasi.
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WorldÂ’s Biggest Ship Recycling Yard Receives JICA
Japan International Cooperation Agency (JICA) signed an agreement with the Government of India to provide Official Development Assistance (ODA) Loan of approximately Rs 500 crore for upgradation of environmental management for ship recycling in Gujarat.
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GovernmentÂ’s focus on road sector yields positive results: ICRA
Effective policy measures by the Government over the last 36 months have revived the Indian road sector and supporting the execution pace. According to ICRA, these include steps like awarding projects after securing 80 per cent right of way; expediting projects stuck midway, delegating the power to grant forest clearances to regional offices, online filing for clearances to construct ROB and RUBs and increasing the limit on sand mining.
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Govt saved Rs 3 lakh crore loans to road sector turning into NPAs: Gadkari
The NDA government has managed to save Rs 3 lakh crore worth bank loans to the road sector turning into NPAs, according to the minister of road transport and highways and shipping Nitin Gadkari.
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Egis wins its first semi-high-speed project in India
Egis has won a contract to design the viaducts on the Delhi Meerut railway corridor (Delhi NCR region) in India. This major project, scheduled to be completed in two years, is considered a genuine priority by the Indian government. It will substantially reduce journey times between Delhi and Meerut, and stimulate economic growth in the region.
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IRB Infra’s arm achieves COD for highway project
Kaithal Tollway Pvt. Ltd. (KTPL), a Special Purpose Vehicle of IRB Infrastructure Developers Ltd., has commissioned its Kaithal – Rajasthan Border four laning highway project on 8th September 2017. With this, the project is now opened for vehicular traffic with effect from midnight 8th September 2017.
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SCI awarded “The Coastal Shipping Operator of the Year 2017”
The Shipping Corporation of India Ltd (SCI) received an award from Maritime Gateway as “Coastal Shipping Operator of the Year – 2017 in recognition of its service to the customers and Nation through coastal operations beyond commercial considerations thereby contributing to the cause of promoting coastal shipping.
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The Right Investment
India is in the news for 'change'. From the days of slow economy to rapid change in economic reforms and a growth story rewritten, the nation is making waves in the global arena.
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Companies with large debt face risk of default
The preliminary challenge in investing in companies already under insolvency proceedings is - reversal of the order by appellate authority viz. NCLAT or the Supreme Court, explains Ashish Parwani, Partner, Rajani Associates.