The company reported a net loss attributable to equity holders of $391 million in the third quarter, compared with net income of $377 million a year earlier, after recording impairment and exceptional charges related to the idling of its Kryvyi Rih operations in Ukraine. ArcelorMittal reported a stronger underlying operating performance in the third quarter...
Author: admin (Infratructure Today)
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India’s Solar Manufacturing Ambition Could Unlock $89 Billion Investment by 2047: ISMA
A new report by the industry body outlines a pathway for India to move beyond module assembly and build a fully integrated solar manufacturing ecosystem spanning polysilicon, ingots, wafers, cells and modules. India could transform its solar manufacturing industry into a fully integrated global supply-chain hub by 2047, attracting an estimated $89 billion in manufacturing...
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Foodgrains, Coal Drive Indian Railways Freight Growth in October
The October performance extends Indian Railways’ growth momentum, with freight loading reaching 978.78 million tonnes during April-October FY2026-27. Indian Railways registered freight loading of 145.07 million tonnes (MT) in October 2026, compared with 133.93 MT in the corresponding month last year, recording growth of 8.32 per cent. The increase was supported by higher movement across...
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REC Headquarters Earns Top 5-Star GRIHA Rating for Sustainable Building Excellence
The recognition acknowledges the power sector financier’s efforts in sustainable building design, energy efficiency, resource optimisation, and operational best practices. REC Ltd’s office building in Gurugram has been awarded the prestigious 5-Star GRIHA Rating, the highest recognition under the Green Rating for Integrated Habitat Assessment (GRIHA) framework for sustainable building performance. The recognition acknowledges the...
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Indian Spacetech Startup Suhora Reveals Sharp Water Loss at Bhutan’s Sintaphu Tsho
The Noida-based firm analysed the impact of the event on the glacial lake system using high-resolution, one-metre synthetic aperture radar (SAR) imagery acquired on October 30. A near-real-time satellite assessment by Noida-based geospatial intelligence startup Suhora Technologies has revealed a dramatic reduction in the size of Bhutan’s Sintaphu Tsho following the glacial lake outburst flood...
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PM Surya Ghar Has Become a Mass Movement, Says Joshi as Rooftop Solar Deployment Accelerates
India’s New and Renewable Energy Minister said the country is deploying nearly 100,000 rooftop solar systems every six days, helping lower emissions while strengthening energy security during peak demand periods. Union Minister for New and Renewable Energy Pralhad Venkatesh Joshi said India’s flagship rooftop solar programme, PM Surya Ghar: Muft Bijli Yojana, has evolved into...
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Cabinet Clears ₹145 Billion VGF Scheme to Build 92 GWh of Grid-Scale Energy Storage
The scheme mandates a minimum 40 per cent domestic content requirement for battery energy storage projects, aiming to strengthen domestic manufacturing capabilities. The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a ₹145 billion Viability Gap Funding (VGF) Scheme to support the development of 92 GWh of new grid-scale energy storage capacity between...
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Odisha Draws ₹1.17 Trillion Clean Energy Investment Interest; Targets Top-Tier Power Export Status
The 18 MoUs inked at the Bharat Renewable Energy Summit & Expo 2026 reinforce Odisha’s ambitions to emerge as a leading clean-energy investment destination. Odisha has attracted investment proposals worth more than ₹1.17 trillion ($17.93 billion) through 18 memorandums of understanding (MoUs) signed at the Bharat Renewable Energy Summit & Expo 2026, reinforcing its ambitions...
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NCRTC Adds 20 Namo Bharat Services as NCR Battles Severe Air Pollution
The move is intended to encourage a shift towards public transport as Delhi-NCR grapples with worsening air quality and increased festive-season travel demand. The National Capital Region Transport Corporation (NCRTC) will introduce 20 additional Namo Bharat services on the Delhi-Meerut corridor from November 4, aiming to encourage greater use of public transport as air quality...
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India Targets Doubling Coastal, Waterway Freight Share by 2047
India is targeting a doubling of coastal and inland waterway freight share to 12 per cent by 2047 while expanding ocean cruise traffic to 1 million passengers by 2029, Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, has said. Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal has said the government aims to...