In a major reform, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved monetisation of assets of Powergrid Grid Corp. of India Ltd (POWERGRID), a public sector undertaking (PSU) under the Ministry of Power, through Infrastructure Investment Trust (InvIT) model.

Power transmission player Sterlite Power on Friday announced the successful sale of its 14.7 per cent stake in India Grid Trust (IndiGrid) to Institutional and high net worth individual (HNI) investors.

The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman inaugurated the National Infrastructure Pipeline (NIP) Online Dashboard in New Delhi on Monday through video conferencing. T

The Central Govt is soon going to set up a single-window system for clearances and approvals of the industry in the country.

Minister of Steel and Petroleum & Natural Gas, Dharmendra Pradhan announced the setting up of a working group to regularly monitor the increase in steel usage in India.

The State Govt of Odisha has approved five investment proposals in sectors like metal, food processing, and logistics & infrastructure worth over Rs. 68.87 million in the 92nd State Level Single Window Clearance Authority (SLSWCA) meeting on Monday.

Surveyor General of India, Lt Gen (Retd) Girish Kumar, said on Friday that the government had initiated the process of mapping the Indian villages using drones under the SVAMITVA scheme, a move that would prove to be a game-changer in the country’s history.

Ardent Infra Equipments Pvt. Ltd (AIEPL) has strengthened its India presence by entering into a collaboration with the Haryana based company KCC Buildcon Pvt. Ltd, which has won the prestigious contract for the Delhi-Vadodara expressway project.

As the country lifts the nationwide lockdown towards the containment of COVID-19 pandemic, the freight carried by Asia’s second-largest rail transporter has also witnessed an upsurge.