The Airports Authority of India’s (AAI) ambitious plan to expand Birsa Munda Airport at Ranchi faced agitation from land owners who blocked the entrance, forcing the police to deploy riot control personnel.
FlashNews:
REC Declares 3rd Interim Dividend of ₹4.30 per share; Net Profit up 23% to ₹4,029 crore
REC wins Gold Shield in ICAI Award for Excellence in Financial Reporting for the Financial Year 2023-24
Budget 2025: Key Highlights
Budget 2025: Key Announcements Impacting Real Estate
Rs 1 trn Urban Challenge Fund to Boost Infrastructure
FM Unveils Major Initiatives for Bihar in 2025 Union Budget
Budget 2025-26: Industry reactions
Budget 2025-26: Rs 1 lakh crore fund to transform cities
Budget 2025-26: India’s startup ecosystem gets Rs 10,000 crore Fund of Funds
NBCC Celebrates 76th Republic Day at Its Headquarters
RECPDCL Handovers HVDC Transmission Project’s SPV viz. Rajasthan Part I Power Transmission Limited to Adani Energy Solutions Limited
15th Cement EXPO: A Step Forward in Cement Innovation
MOU signed between NBCC and Hindu College for development of “Centre for Advance Studies”
NBCC Signs MoU with Sahakari Awas Nirman Evam Vitt Nigam Ltd. for land development in Lucknow
REC Limited Commits ₹8.44Crore Under CSR to support 1MW solar photovoltaic power plant in the Gandhigram Rural Institute, Tamil Nadu
REC Commits ₹2.01 Cr Under CSR to Support Procurement of Health Equipments in Raipur, Chhattisgarh
RECPDCL Handovers Rajasthan IV 4A Power Transmission Limited, a Transmission Project Special Purpose Vehicle to Power Grid Corporation of India Limited
REC Limited Commits Rs. 2.92 Crore Under CSR to Enhance ITBP Medical Infrastructure
Global investors are eyeing India’s infrastructure sector
Race for highway projects
For the 100 projects with a total length of 11,000 km NHAI plans to award in the coming fiscal, existing highway developers are expected to up the ante and newer players set to join the race.
Low gas output hits supply
Consumers of natural gas from Reliance Industries’ D6 field are facing a pro-rata cut as production has declined to 50.5 mmscmd (million standard cubic meter per day) due to some technical problems in the KG-D6 block.
Diesel purchase: IOC vs Japan
Indian Oil Corp (IOC) failed to award a tender to buy 120,000 tonnes of diesel for 1-3 April delivery as traders, expecting higher offers from quake-hit Japan, did not submit price bids.
Power packed investments for TN
Electricity sector leads the proposed investments in Tamil Nadu with Rs 258,849 crore, out of a total of over Rs 3.13 lakh crore.
Waterways for coal transport
NTPC has tied up with Inland Waterways Authority of India (IWAI) to ensure smooth transportation of coal for the Farraka and Khelgaon projects as the railways network is congested and coal supply can be augmented through use of waterways given that the plants are situated near the Hooghly and the Ganga.
Hi-speed rail interests UK Co
UK firm Mott Macdonald will undertake a pre-feasibility study of the 993 km Delhi-Patna rail route as part of the government’s move to connect Patna with a high speed train.
BSP bags Lankan rail orders
Bhilai Steel Plant (BSP), the flagship entity of the Steel Authority of India (SAIL), has bagged a fresh order of exporting rails to Sri Lanka.
Broadband in 5 lakh villages in 18 months
The Telecom Ministry aims to provide rural wireless broadband connections to over five lakh villages in one-and-a-half years and will provide a subsidy to both state-owned and private service providers from the Universal Service Obligation Fund.
Evolving PPP project predictability
The government is framing a national policy for public-private partnership (PPP) in infrastructure projects to elimiÂnate inconsistencies in the ruÂles and make infrastructure attÂracÂtive to foreign investment.