Power Grid Corporation will launch a 1,200-kV ultra-high voltage (UHV) test station along with experimental lines in Bina of Madhya Pradesh in September.
FlashNews:
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
India’s Oil Minister Urges Energy Justice to Ensure Equitable Global Energy Transition
How Budget 2025-26 May Bolster Investments in India’s Infrastructure Sector
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”
Gangavaram port new berths
Gangavaram Port wants to add to the port's capacity by constructing, at the earliest, four new berths - one fully mechanised coal berth and three other multi-purpose berths.
Kalinga Port project
Adani Group's Rs 10,000 crore Kalinga Port project in Orissa is awaiting clearance from the Orissa state government.
Nokia to expand Chennai facility
Nokia Siemens Networks has announced the expansion of its manufacturing facility in Oragadam near Chennai from 35,000 to 55,000 sq m and increase the number of product lines by five to 33.
Rs 5,000 cr road projects
The Public Private Partnership (PPP) Appraisal Committee, spearheaded by Economic Affairs Secretary R Gopalan, has approved 10 road projects with a total cost of Rs 5,000 crore.
R-Infra to buy stranded road projects
Reliance Infrastructure (R-Infra) is planning to buy out licences to build road projects from companies which had bagged these through the bidding route but are then unable to proceed.
Negative VGF: A new angle in confidence?
Roads Minister CP Joshi recently remarked that the success of NVGF bids reaffirms the confidence of developers in the efforts taken by the government in the highways sector, and that investors see prospects in the road sector.
Reasonably bid projects have an easier funding chance
Satish Mandhana, Managing Partner, IDFC Private Equity, reminds us of some basics of how finance companies evaluate NVGF projects, and denies that they are looked at any differently from VGF projects.
NHAI has shifted 100% risk to developer: Experts
With shift from the erstwhile revenue-sharing model to fixed premium model under NVGF, NHAI has managed to reduce its own risk. Four of the best road sector experts explain how NVGF works and why it reflects increased competition.
The fact that bidders believe in good growth over a period of 20-30 years is a vote of confidence
The net present value of the bids NHAI has received this FY from NVGF from 12 projects on DBFOT is to the tune of Rs 16,500 crore. JN Singh, Member (Finance), NHAI, explains to Shashidhar Nanjundaiah why this limited revenue stream will go a long way in all-round road development.