Being IndiaÂ’s third largest trading partner, UAE has invested over $5.3 billion in India, of which $75 billion is committed towards infrastructure development in India.
Tag: MoU
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Saudi ARAMCO and ADNOC sign MoU
Saudi Aramco and ADNOC signed a memorandum of understanding
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Nagpur Smart City to Run Metro Rail Services on Broad Gauge
Even as free joyrides are being extended to Nagpurites on the 5-kilometre stretch from the Airport South to Khapri on the Nagpur metro rail before its formal inauguration, the federal government has plans to extend the service to the cityÂ’s outskirts using the existing broad-gauge railway tracks.
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The Big Infra Opportunity
Stakeholders harp on the government's infrastructure push and expect construction orders of Rs.18 trillion in the next six years. This order inflow volume should support 12 to 15 per cent of industry-level execution of compound annual growth rate (CAGR).
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Traction Ahead!
The Railways has sizeable capex plans for the five year period 2015-19 involving a capital outlay of Rs.8.56 trillion. The annual capital outlay for FY2016-18 was increased significantly to meet the five-year targets. NITI Aayog has also finalised the three year action agenda (2018-20).
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There is no dearth of funds in the solar sector
KS Popli, Chairman and Managing Director, India Renewable Energy Development Agency (IREDA) maintains his calm even when he encounters tough questions. With a $100 million fund tie-up for the solar sector, he is awaiting the right, financially-viable projects to fund.
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One Platform For All Smart Cities Solutions
With all the glitter and shine, India's newly-found tech hub, Telangana, hosted the country's smartest conclave ever - SMART URBANATION from March 22to 23, 2018.
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We want to ‘Make in India’ for India’s railway industry
Subrat Nath, Area Director, Asia-Pacific, Talgo, a privately-held rolling stock and maintenance equipment manufacturer headquartered at Madrid, says that the firm is keen to not only change the way railway journeys are undertaken in India, but also make the country a major manufacturing hub for its products.
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Do or Divest!
With a disinvestment target of raising Rs.72,000 crore this fiscal, the government is all set to rule Dalal Street with Rs.18,000 crore worth of Initial Public Offerings (IPOs).
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Switching on 10,000 MW!
NHPC Ltd, India's largest hydropower utility is a 'Miniratna' Category-I Enterprise of the Government of India. Established in 1975, the company was listed on the BSE and NSE on 1st September 2009, with its maiden IPO of over Rs.6,000 crore.