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Private sector to be a co-traveller in India’s space journey: Dr. Singh
Web Exclusive
  Oct 12, 2020

Private sector to be a co-traveller in India’s space journey: Dr. Singh

Union Minister of State (Independent Charge) Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh said on Sunday that the Indian Space Research Organisation (ISRO) is all set to open its facilities to the private sector.

2,921 km Roads Constructed Under Bharatmala Pariyojana
Web Exclusive
  Oct 12, 2020

2,921 km Roads Constructed Under Bharatmala Pariyojana

A total of 322 projects with a length of 12,413 km has been awarded under the Bharatmala Pariyojana till August 2020. Further, 2,921 km has been constructed under the project till the same month, an official Ministry of Road Transport and Highways (MoRTH) release has said.

Hitachi ABB Power Grids India Bags Rs 1 Billion HPCL Order
Web Exclusive
  Oct 09, 2020

Hitachi ABB Power Grids India Bags Rs 1 Billion HPCL Order

Hitachi ABB Power Grids, listed on the Indian stock exchanges as ABB Power Products and Systems India Ltd, has won a project worth more than Rs 1 billion from HPCL Rajasthan Refinery Ltd (HRRL), a joint venture between the state-run Hindustan Petroleum Corporation Ltd (HPCL) and the Government of Rajasthan.

MoRTH Hikes Fund Allocation for Road Development in Northeastern Region
Web Exclusive
  Oct 08, 2020

MoRTH Hikes Fund Allocation for Road Development in Northeastern Region

The Ministry of Road Transport and Highways (MoRTH) has enhanced the allocation of funds for expenditure under the Special Accelerated Road Development Programme in North Eastern Areas (SARDP-NE) related works during FY2020-21, the ministry has said in an official release.

NHSRCL Invites Bids for Construction of Ahmedabad & Sabarmati Stations
Web Exclusive
  Oct 08, 2020

NHSRCL Invites Bids for Construction of Ahmedabad & Sabarmati Stations

The National High Speed Rail Corp. Ltd has invited bids for the design and construction of about 18 km of the viaduct between Anand and Sabarmati including the high-speed rail (HSR) stations at Ahmedabad and Sabarmati for the Mumbai-Ahmedabad HSR corridor.

Centre Approves Revised Costing for Kolkata’s East-West Metro Rail Corridor
Web Exclusive
  Oct 08, 2020

Centre Approves Revised Costing for Kolkata’s East-West Metro Rail Corridor

The Central Government has approved the Ministry of Railways’ proposal for a revised cost estimate for the construction of the Kolkata East-West Metro Corridor Project at an estimated cost of Rs 85.74 billion on Wednesday.

Gadkari Unveils Road Overbridge on NH 45-A at Pondicherry
Web Exclusive
  Oct 07, 2020

Gadkari Unveils Road Overbridge on NH 45-A at Pondicherry

Union Minister for Road Transport & Highways, Nitin Gadkari dedicated to nation via video conference mode a one-kilometre long road-overbridge across railway level crossing on NH 45-A at Arumparthapuram, Pondicherry on Wednesday.

India to remain the fastest and largest market for investments in renewables: Power Minister
Web Exclusive
  Oct 07, 2020

India to remain the fastest and largest market for investments in renewables: Power Minister

Union Minister of State (Independent Charge), Ministry of Power & New and Renewable Energy has said that with India witnessing the most rapid renewable energy capacity addition globally, the country will remain the fastest-growing market for such investments.

NHAI Awards Highest Length of Projects in 2020-21 as Compared to Last 3 Years
Web Exclusive
  Oct 07, 2020

NHAI Awards Highest Length of Projects in 2020-21 as Compared to Last 3 Years

National Highways Authority of India (NHAI) has awarded projects for a total cumulative length of 1,330 km in the current financial year. The projects awarded so far are 1.6 times higher of 828 km awarded in FY 2019-20 and 3.5 times higher of 373 km awarded in FY 2018-19 during the same period.

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Agree. Developing a domestic transshipment port is a good idea if we talk about seaports, there are several countries and commercial centers around the world that don’t have a seaport and these countries have to use the seaports of other countries in order to import or export their cargo, which will give a competitive advantage.
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Adhering to international best business practices with niche boutique firms could open doors to easily tap financing from institutional investors both debt and equity.
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