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Sonowal Reaffirms Shipbuilding Push as VOC Port Launches Green Hydrogen Pilot

Sonowal Reaffirms Shipbuilding Push as VOC Port Launches Green Hydrogen Pilot

While the pilot project makes VOC Port the first in India to produce and utilise green hydrogen on-site, the upcoming green methanol bunkering and refuelling facility is set to establish it as South India’s key hub on the proposed Coastal Green Shipping Corridor. Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, has reiterated the...

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Welspun One Expands South India Warehousing Portfolio with $258 Million Investment

Welspun One Expands South India Warehousing Portfolio with $258 Million Investment

With these additions, Welspun One strengthens its South India footprint, expanding its land bank to more than 260 acres and unlocking over 6 million sq ft of development potential across Karnataka and Tamil Nadu. Welspun One Logistics Parks (WOLP), a leading developer and fund manager in India’s warehousing and industrial real estate sector, has announced...

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REC Limited Signs MoU with MMRDA for ₹1 Lakh Crore Investment in Mumbai Metropolitan Region (MMR)

REC Limited, a Maharatna CPSU under the Ministry of Power and a prominent NBFC, has entered into a Memorandum of Understanding (MoU) with the Mumbai Metropolitan Region Development Authority (MMRDA) to provide financial support of ₹1 lakh crore for infrastructure development in the Mumbai Metropolitan Region (MMR). The agreement was formally signed by Shri. Harsh...

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Debt Financing: Funding Sustainable Infra

Debt Financing: Funding Sustainable Infra

Sustainable Infrastructure: Debt Financing Shiva Rajaraman, CEO of NIIF IFL, discusses the changes in the infrastructure landscape in the country, policy back-ups and different sources of infrastructure finance that have opened up in the country. With a balance sheet of an impressive Rs.210 billion with zero per cent NPAs, NIIF IFL is an infrastructure debt fund...

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Sustainability & innovation key drivers for infra development

Sustainability & innovation key drivers for infra development

The construction equipment industry is pivotal for economic growth The construction industry is a major contributor to climate change, so there is a growing demand for eco-friendly construction methods and materials. By combining sustainability and innovation in technology, India can create a world-class infrastructure system that can support its economic growth and social progress, writes V...

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NHAI initiates DPR for new Mysuru-Kerala NH project

NHAI initiates DPR for new Mysuru-Kerala NH project

The proposed stretch was identified using the Bharatmala Pariyojana The National Highways Authority of India (NHAI) has started a new detailed project report (DPR) for a new road between Mysuru and Kerala, despite protests from activists.The Mysuru-Malabar National Highway project connects Bengaluru, Mandya, and Mysuru with Kozhikode.Bharatmala Pariyojana has been used to identify the proposed...