Tesla to set up a manufacturing unit in Karnataka
Tesla Inc will set up an electric-car manufacturing unit in the southern Indian state of Karnataka.
Infrastructure
The latest Infrastructure news, analysis and data from India and across Asia, reported by Energy Asia.
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Petronet LNG to expand Dahej’s capacity to 22.5 MTPA
Petronet LNG, India's top liquefied natural gas (LNG) importer, plans a 29% increase in its Dahej terminal's capacity to 22.5 million tonnes per annum (mtpa) to…
GAIL bifurcation plan put on hold by MoPNG
Ministry of Petroleum and Natural Gas has put on hold a plan to bifurcate GAIL (India) Ltd so as not to dilute the firm's ability to…
Rs 3L Cr scheme to provide assistance to DISCOMs
Nirmala Sitharaman in her budget speech of 2021-22, proposed an outlay of Rs 3,05,984 crore over 5 years to provide assistance to DISCOMS for infrastructure creation
Highest ever capital outlay of Rs 1,08,230 crore for MoRTH
Nirmala Sitharaman announced several measures to augment road infrastructure in the Union Budget 2021-22 presented in the Parliament. An enhanced outlay of Rs 1,18,101 crore has…
National Rail Plan to create Future Ready Railway System
Indian Railways has received a record outlay of Rs 1,10,055 crore, of which Rs 1,07,100 crore is for capital expenditure.
National Infrastructure Pipeline DFI proposed to be set up
Minister for Finance, Nirmala Sitharaman announced that in order to achieve the target of National Infrastructure Pipeline (NIP) in the coming years.
SJVN bags 679 MW Lower Arun Hydro Electric Project
Nand Lal Sharma, CMD, SJVN informed that Government of Nepal has allotted 679 MW Lower Arun Hydro Electric Project in Nepal to SJVN through competitive bidding.
India’s EV financing industry to be worth Rs 3.7 lakh crore
NITI Aayog and Rocky Mountain Institute (RMI) released the report 'Mobilising Finance for EVs (Electric Vehicle) in India'. The report highlights the role of finance in…
Ola to build India’s most advanced manufacturing facility
Ola announced that it has partnered with Siemens as it looks to rapidly build its upcoming electric vehicle manufacturing facility.
Nucleus Office begins streetscape redevelopment project
Nucleus Office Parks is transforming the streetscape of Mumbai’s central business district by creating safe pedestrian pathways and a community space for residents to enjoy leisure…
India plans to build natural gas strategic reserve
India may build strategic reserve of natural gas to further strengthen the country's energy security and shield itself from supply disruptions and frequent price fluctuations
Ramky Enviro inaugurates plastic recycling facility
Ramky Enviro Engineers Limited (REEL) inaugurated one of South India’s largest Plastic Recycling Facility at JN Pharmacity, Paravada, Vishakhapatnam.
Eastern Dedicated Freight Corridors new section inaugurated
Prime Minister Narendra Modi inaugurated the New Bhaupur- New Khurja section and the Operation Control Centre of Eastern Dedicated Freight Corridor through video conference.
Policies can bring building materials industry back to growth
One of the major bottlenecks that the industry has been facing is the complex policy structure. Government should introduce policies like single window clearance, uniform taxation,…
Scania’s electric fleet working to make transport sustainable
Scania now has an electric range of both trucks and buses and solution packages as a complete turnkey operation.
Association of Power Producers writes to FM on debtors
The Association of Power Producers wrote to Finance Minister Nirmala Sitharaman on 17th November 2020, highlighting the concerns of power debtors and extended litigations that has…
Adani to invest Rs 50,000 cr on capital expenditure
Adani Enterprises Ltd (AEL) plans to spend about Rs 50,000 crore in capital expenditure over the next five years with a major chunk of it going…
Fostering steel usage in rural & agriculture sector
Ministry of Steel in association with Confederation of Indian Industry (CII) is organizing a Webinar on ‘Aatmanirbhar Bharat: Fostering Steel Usage in Rural Economy, Agriculture, Rural…
EV charging station development plans on major highways
The government has invited proposals for installation of charging stations from entities that intend to build and operate charging infrastructure on major highways and expressways in…
Tesla working on plans to enter Indian market next year
Tesla CEO Elon Musk revealed plans for the India entry of the electric car maker, saying the process to bring Tesla cars to India will begin…
Hitachi ABB Power Grids bags Rs 100 cr order from HRRL
Hitachi ABB Power Grids India announced that it has bagged an order worth over Rs 100 crore from HPCL Rajasthan Refinery Ltd (HRRL). The project will…
L&T awarded plethora of contracts for its power transmission & distribution business
L&T’s Power Transmission & Distribution business has won a prestigious package to establish transmission lines and substations associated with a major infrastructure project in Telangana. The…
NTPC develops infrastructure to increase use of Fly Ash
NTPC has developed an infrastructure at Rihand project in UP to transport fly ash in bulk to cement plants, located at distance, at a cheaper cost.…
Demand brittle for Cement; likely to decline by around 22%-25% in FY2021: ICRA
ICRA expects cement demand to de-grow by 22%-25% in FY2021 given the prolonged nationwide lockdown and subsequent state specific restrictions disrupting construction activities. The latest volume…