The rating agency further expects the Supreme Court’s recent directive for all state electricity regulatory commissions to liquidate legacy regulatory assets will trigger steep tariff hikes across several states, necessitating state government support for effective implementation. Rating agency ICRA has retained a negative outlook on India’s power distribution sector, citing weak operational efficiencies, inadequate tariff...
Category: ECONOMY & POLICY
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Modi Inaugurates First Rajdhani to Aizawl, Linking Mizoram Directly to Delhi
As Prime Minister Modi emphasised in his Saturday address, this is not merely a railway connection but a lifeline of transformation; one that promises to revolutionise lives and livelihoods across Mizoram. September 13 marked a watershed moment for Mizoram’s infrastructure, as the Northeastern state—often called the land of the blue mountains—welcomed its first rail service....
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India’s Digital Revolution: A Decade of Transformation and the Road Ahead
The digital revolution underway in the world’s fastest-growing major economy is more than a policy triumph; it is a collective transformation driven by citizens, entrepreneurs, and local leaders, writes Minister of State Rao Inderjit Singh. Over the past decade, India has undergone a digital revolution that is nothing short of extraordinary. What began as a...
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Air India Group Adopts SITA’s Flight Optimisation Tools to Cut Emissions, Improve Fuel Efficiency
As part of its wider operational overhaul, Air India has introduced new flight optimisation tools expected to save 11,100 tonnes of fuel annually and cut carbon emissions by 35,000 tonnes, marking a decisive step in its push for cleaner, more efficient aviation. The Air India group has deployed two advanced flight optimisation tools—SITA OptiFlight’s climb...
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L&T Secures Track Works Contract for Mumbai-Ahmedabad Bullet Train in Maharashtra
With this award, all three track construction packages for the Mumbai-Ahmedabad bullet train corridor have now been secured by Indian companies, marking a major boost to domestic expertise in high-speed rail infrastructure. The National High Speed Rail Corporation Ltd (NHSRCL) has signed a contract with Larsen & Toubro Ltd for the design, supply, construction, testing,...
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India Sets 2028 Target for Swadeshi Solar Cells, Eyes Full Domestic Value Chain: Pralhad Joshi
The New and Renewable Energy Minister confirmed that, following requests from chief ministers for additional allocations under the PM-KUSUM scheme, its second phase will be launched after the current phase concludes in March 2026. India is advancing towards a fully indigenous solar manufacturing ecosystem, with a target to produce Swadeshi solar cells by 2028, Union...
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GST 2.0 to Unlock Liquidity and Lower Capital Costs for Renewables: Oyster Energy MD
Recent GST cuts are set to unlock liquidity and lower capital costs for renewable energy developers, says Siddharth Bhatia, Managing Director of Mumbai-based independent power producer Oyster Renewable Energy, in conversation with INFRASTRUCTURE TODAY’s Manish Pant. He argues that these reforms—if aligned with Make in India priorities—could accelerate project execution and attract foreign capital. Bhatia...
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Thales Appoints Ankur Kanaglekar to Lead India Operations, Reinforcing Defence Localisation and Innovation
Kanaglekar will focus on scaling industrial partnerships, strengthening local engineering capabilities, and delivering advanced solutions across defence, aerospace, and digital domains. French multinational Thales, a global leader in aerospace, defence, and digital security, has appointed Ankur Kanaglekar as Vice-President for India, effective September 10. With over 25 years of experience spanning aerospace, defence, and strategic...
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Cabinet Clears ₹76.16 Billion Road and Rail Projects to Boost Eastern India’s Connectivity
This includes doubling the Bhagalpur-Dumka-Rampurhat rail line and cutting travel time on the Mokama-Munger highway to just 90 minutes. The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved two major infrastructure projects in eastern India—one road and one rail—under the PM-Gati Shakti National Master Plan. Together, the projects are...
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India’s Construction Equipment Bestsellers
Lifetime honours for Anand Sundaresan, Ammann India and Person of the Year for Vivekanand Vanmeeganathan, Caterpillar among industry bestsellers Anand Sundaresan, Director, Ammann India, received the Equipment India Lifetime Achievement Award 2025, as the hall rose and gave him a standing ovation. For an industry that has seen him steer organisations, inspire teams, and raise...