In order to implement the Hyderabad metro rail project successfully, the Andhra Pradesh government will have to rectify the technical error in terms of the Act governing the project. Earlier the Andhra Pradesh High Court said in its order that the project was being wrongly governed by the Tramways Act and unless it is changed to Metro Act it could not be called 'Metro
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RECPDCL Handovers Ratle Kiru Power Transmission Limited, a SPV of Transmission Project, to IndiGrid 2 Private Limited
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The time to invest in India’s energy sector is now, says PM Modi
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L&T arm to raise $500 mn infra debt fund
In order to invest in distressed assets, particularly in the roads segment, L&T Infrastructure Finance plans to mop up $500-million ( Rs 2,708 crore) by floating its maiden debt fund. Media reports indicate that the fund would also invest in renewable energy, power and urban infrastructure projects