The new Development Finance Institution (DFI) will be a fairly large entity that will play a key role in the Central Government’s strategy to facilitate the creation of a robust financing ecosystem for infrastructure projects in the country. Simultaneously, the government also remains committed to rolling out systemic interventions to ensure the necessary action on...
Tag: Government of India
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Indian governmentÂ’s Rs 344 bn bonanza for solar sector
The Government of India has approved the launch of KUSUM (Kisan Urja Suraksha evam Utthaan Mahabhiyan) scheme, to promote the use of solar powered agriculture pumps by farmers and installation of small renewable power plants (500 KW to 2 MW) by farmers/cooperatives/panchayats on their lands, with a funding support of Rs 344.22 billion.
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TUV SUD receives accreditation from Quality Council of India
TÃœV SÃœD, the German testing, inspection, training and certification giant, has been accredited by Quality Council of India under the third-party RMC (ready mix concrete) plant certification Scheme to assure quality in operations and processes of RMC Plants in the country.
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Delhi Metro corridor extended from Dilshad Garden to New Bus Adda Ghaziabad
The government has approved the extension of Delhi Metro corridor from Dilshad Garden to New Bus Adda Ghaziabad. The total distance of the extended line will be 9.41 km.
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JICA to fund projects worth Rs 34.20 billion
By constructing the Chennai Peripheral Ring Road (Section 1) and installing Intelligent Transport Systems the city authority aims to meet increasing traffic demands in the cityÂ’s metropolitan area, thereby contributing to the mitigation of traffic congestion and promoting regional economic development.
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Importance of Mega Projects
In order to consolidate and accommodate this mass migration, the Government of India has undertaken several initiatives which have given a way to the mega projects, nucleated around the development of industrial clusters, connectivity and increasing India's exports.
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The Road to Inclusive Development
A smart city is not only about cutting-edge technology, gadgets guiding your lifestyle or using ICT (Information and Communications Technology) but also to string together a man-machine interaction that will drive our socio-economic engagement in the society.
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Greenfield Smart Cities: Smart Investment Destinations
The Government of India has announced the development of industrial corridor projects so as to contain the urbanisation challenge and majorly give a strong boost to the country's manufacturing and industrial potential.
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Embarking on Seamless Mobility
It is a well-known and widely accepted datum that infrastructure is the backbone of a sound and growing economy. Amongst all infrastructure, the transport sector facilitates trade and migration, thereby raising productivity in other parts of the economy and directly contributing to the economic growth.
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Wind-solar is missing the push from the government
Ashish Mithani, Chief Executive Officer and Whole-time Director, KP Energy believes that if the pace of the bids is well-maintained as publicly promised by the government, then in 2020, there would be a continuous addition of 6 GW to 9 GW of wind projects every year.