Tata Power gets LoA for 110MW solar project from KSEB

Tata Power has received a Letter of Award from Kerala State Electricity Board Limited (KSEBL) to develop a 110 MW solar project. The energy will be supplied to KSEBL under a Power Purchase Agreement (PPA), effective for a period of 25 years from scheduled commercial operation date. The project has to be commissioned within 18 months from the date of implementation of the PPA. The plant is expected to generate about 274 MUs of energy per year and will annually offset approximately 274 million kg of CO2. Tata Power’s renewable capacity will increase to 4,032 MW, out of which 2,667 MW is operational and 1365 MW is under implementation including 110 MW won under this LOA. The project will contribute towards India's commitment of clean and green energy through solar power generation.

: Published: 08 January 2021

UltraTech Cement amongst India’s 30 Best Workplaces in Manufacturing – 2021

UltraTech Cement, the largest manufacturer of grey cement, white cement and ready-mix concrete in India, has been recognized amongst ‘India’s 30 Best Workplaces in Manufacturing – 2021’ by Great Read More ...

AAI unveils expansion of Rajamahendravaram airport

Airports Authority of India (AAI) has planned to upgrade the Rajamahendravaram airport located between Vijayawada and Visakhapatnam to cater to the requirement of wide-bodied aircraft. The project, which entails Read More ...

SER expedites four-lane road project in Odisha

The South Eastern Railway (SER) has decided to complete the stalled four-lane road stretch between BSNL office and Basanti Colony directly connecting the newly-constructed Rourkela railway station project Read More ...

MoRTH sets to surpass 11,000-km road-building targets

With more than 8,000 km of national highways built from 1st April 2020 to 15th January 2021 clocking an increase of 8% over the corresponding period in the last financial year, the road transport and highways Read More ...

L&T wins tunnelling contract from RVNL in Uttarakhand

The construction arm of L&T has secured a contract for heavy civil infrastructure business from Rail Vikas Nigam Limited (RVNL) for Package 4 of the New Broad-Gauge Line between Rishikesh and Karanprayag Read More ...

Karnataka gets 13 NH projects worth ₹21,000-cr

The construction of 13 highway projects with a length of 847 km costing ₹21,000 crore in North Karnataka has been approved. The Union Transport Minister has laid the foundation stone for the construction of an Read More ...

NHAI floats tender for ₹1,788-cr road contract

The National Highway Authority has floated tender for 4-laning of BC Road and Gundya-Bengaluru-Mangaluru highway, entailing an investment of ₹1,788.62 crore. The 63-km long stretch is a crucial link passing Read More ...

PNC Infratech secures funds for ₹2,052-cr road projects

PNC Infratech's wholly-owned subsidiary, PNC Bithur Kanpur Highways, has achieved financial closure for highway projects it won on hybrid annuity mode. The contract comprises the four-laning of Aligarh-Kanpur Read More ...

NHSRCL to expedite the process to prepare DPR for Bullet Train projects

National High-Speed Rail Corporation (NHSRCL) has awarded tender to carry out an aerial LiDAR survey for Delhi-Ahmedabad and Mumbai-Nagpur high-speed rail corridor. NHSRCL spokesperson, Sushma Gaur Read More ...

Cidco starts development of Aerocity in Mumbai

Cidco has kick-started the development of an aerocity adjoining the Navi Mumbai International Airport. It will be a commercial and residential district on its southern fringes spreading across 300 hectares Read More ...

Ocean Infra plans ₹450-cr commercial space in Noida

The NCR-based Ocean Infraheights has decided to invest ₹450 crore in developing 3 million sq ft of commercial and retail hub in Greater Noida (west). Spreading across an area of 25-acre, the project Read More ...

AP approves ₹6,400-cr for rural road networks

To provide better transportation, road connectivity and to link Mandal headquarters with district headquarters, the Roads and Buildings department of Andhra Pradesh Government has proposed to take up Read More ...

ICRA: Domestic road transportation sector expected to witness a stronger second half

The Indian logistics sector has witnessed a sequential recovery in months following the severe disruption in Q1 FY2021 on account of the nation-wide lockdown. The pandemic induced disruptions Read More ...

Centre to award all Bharatmala projects by 2023

The Centre has planned to complete awarding of projects under the Bharatmala, its flagship highways development program, by 2023. The first phase of the Bharatmala scheme approved in 2017 includes Read More ...

PM launches ₹17,000-cr metro projects in Gujarat

The Prime Minister has launched the Ahmedabad Metro Rail Project Phase-II and the Surat Metro Rail Project involving a combined investment of ₹17,000 crore. The rail projects will further strengthen the connectivity Read More ...

GFM plans $3-bn pan-India office projects portfolio

Godrej Fund Management, the real estate private equity arm of the Godrej Group, has planned to strengthen its pan-India office projects portfolio to over $3 billion or ₹22,000 crore by 2023. It has deployed a strategy Read More ...