Mercom Capital Group, a global clean energy communications and consulting firm, has released its report on funding and mergers & acquisitions (M&A) activity for the solar sector in 2016.
Author: admin (Infratructure Today)
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Signature Global to invest Rs.500 crore to build affordable homes
Realty firm Signature Global, which is into development of affordable homes, will invest Rs 500 crore to develop two housing projects in Gurgaon as the company expects better demand after the government announced an interest subsidy under the Pradhan Mantri Awaas Yojna.
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Sterlite Power starts Purulia project
Sterlite Power has commissioned its fifth project, the Purulia-Kharagpur Transmission Project, which will supply 1,200 MW of electricity to Ranchi in Jharkhand and Purulia in West Bengal, the company has said in a statement.
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ArcelorMitta´s Rs.50,000-crore mining project fails to get green nod
The Environment Ministry has shot down a Rs 50,000-crore proposal from ArcelorMittal for a mining project in the dense Saranda forest area of Jharkhand.
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Rs.2,41,000 cr for transport infra in Union Budget
The Union Budget has allocated Rs 2,41,000 crore for the transportation sector. ´For transportation sector as a whole, including rail, roads, shipping, I have provided Rs 241,387 crore in 2017-18,´ Finance Minister Arun Jaitley said while presenting the Union Budget 2017-18 in the Lok Sabha.
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Railways to invest Rs.1,000 cr on new NE tracks
The Northeast Frontier Railway (NFR) has invested around Rs 1,000 crore to extend the railway line beyond Tripura´s capital Agartala and up to the state´s southern temple city Udaipur, a top official has said.
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44 airports have potential for UDAN
About 44 airports across the country have high potential for operations under the Regional Connectivity Scheme (RCS) for civil aviation, UDAN, according to a report from industry body FICCI.
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Haryana formulates infra transport scheme
Haryana has formulated an Industrial Infrastructure Development Scheme aimed at promoting uniform regional and sustainable growth across the state, including in backward areas.
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Centre to spend $10 bn to develop airport infrastructure
A sum of $10 billion would be spent in the next five years to develop airport infrastructure in India so that the country could become the world´s third largest aviation market in seven years, Civil Aviation Secretary RN Choubey has said.
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Despite demonetisation, air passenger traffic rises 24percent in December
The government´s demonetisation move, which reportedly hit demand in several sectors, has not had any impact on air travel in the country. The Indian aviation industry´s strong passenger growth continued unabated in December when domestic airlines flew 23.91 per cent more passengers than a year earlier, according to latest data from the Directorate General of Civil Aviation (DGCA).