Islamic Development Bank signs MoU with AIIB at Mumbai for Infrastructure Investments
For the first time, the Asian Infrastructure Investment Bank (AIIB) and the Islamic Development Bank Group (IsDB Group) have come together to sign a Memorandum...
Reliance Infra to sell Mumbai power business to Adani Transmission for 18,800 crore
Maharashtra Electricity Regulatory Commission (MERC) has recently given its approval to the proposed 100% stake sale of Reliance Infrastructure Ltd.’s integrated Mumbai power business to...
EDF and GE to jointly develop 6 EPR reactors at Jaitapur Nuclear Plant in Maharashtra
French utility company EDF and General Electric (GE) have recently signed a strategic cooperation agreement with India to jointly develop 6 Evolutionary Power Reactors (EPR)...
First ever investment by the Bank in an energy exchange: EBRD is taking a 20 per cent stake in Hellenic Energy Exchange
In its first ever investment in an energy exchange, the EBRD has signed agreements to become a shareholder in the Hellenic Energy Exchange in Greece....
TATA Projects consortium bags ₹11,744-crore project to rehabilitate 90-year-old Mumbai BDD Chawls
A consortium of Capacit’e Infraprojects Limited (Lead Member), Tata Projects Limited and CITIC Construction Co Ltd, has bagged an order worth Rs 11,744.26 crore from...
Mercedes-Benz converts coal power plant into energy storage system
Daimler AG and its cooperation partners, the 100% subsidiary Mercedes-Benz Energy GmbH, GETEC ENERGIE AG and the technology company The Mobility House AG, have put a further...
Indian Oil signs agreement for reuse of treated water for Mathura Refinery
Indian Oil Corporation has recently signed an agreement for the reuse of treated waste water for Mathura Refinery on June 13, 2018 at New Delhi...
Adani Transmission acquires 100% equity in Ghatampur SPV
Adani Transmission said that it has acquired 100 per cent equity in share capital of Ghatampur Transmission Ltd (GTL) yesterday, which will set up 900...
Kaiga Nuclear Power Plant sets new record by continuously operating for 766 days
Unit 1 of Kaiga Nuclear Generating station (KGS-1) set a new record of continuous operation of 766 days, surpassing the earlier record of 765 days...
London City Corporation to source 100% Renewable Electricity for Square Mile
The City of London Corporation, governing body of the Square Mile, has agreed plans to source 100% renewable electricity from October 2018 onwards. Members of...
A total of 10.3 million people employed in renewable sector : IRENA Annual Review 2018
International Renewable Energy Agency has recently published Annual Review for Renewable Energy and Jobs analyzing the hiring trend in renewable sector in 2017. According to...
Banks in India financed more Coal than Renewable Energy in 2017: CFA report
A new analysis of energy project lending by Centre for Financial Accountability (CFA) shows that majority of government owned banks and financial institutions continued to fund...
300 Ongoing National Highways Projects to be completed by March 2019
The Ministry of Road Transport & Highways has identified about 300 projects for completion by March 2019. Of these, about 100 projects are likely to...
Construction sector jobs witnessing double-digit increase: Arun Jaitley
Union Finance Minister Arun Jaitley on Monday wrote a detailed blog on the economy, stating that there had been an increase in jobs. “An analysis...
Cabinet approves construction of Rs.1948.25 crore 6-Lane bridge across River Ganga
The Cabinet Committee on Economic Affairs has recently approved a major project which involves construction of 9.9 km long new 6 – lane bridge across river...
Ministry of Water Resources accepts Rs. 84,748 Crores of major irrigation and flood management projects
The Advisory Committee of the Ministry of Water Resources, River Development and Ganga Rejuvenation has recently accepted two major irrigation as well as multipurpose irrigation projects and...
Sogea-Satom (VINCI) to hire 300 local construction workers for Yamoussoukro stadium project in Côte d’Ivoire
The consortium consisting of Egis, Baudin-Chateauneuf, Alcor and VINCI Construction subsidiary Sogea-Satom has won a big contract which includes designing and building of a stadium in Côte...
A big infrastructure push for 2019 by PM Narendra Modi
A list of 416 ongoing projects worth Rs 3.26 lakh crore that are being implemented by the National Highways Authority of India With close to...
Centre approves construction of 321,000 houses under Pradhan Mantri Awas Yojana (PMAY)
27,000 projects registered under RERA. Maharashtra, Gujarat, MP, and Punjab have been best in implementing RERA. Around 27,000 projects across India have been registered under...