NEWS

2023-05-08

ICRA predicts about 21% rise in road construction in FY24

ICRA anticipates a significant rise in road construction activity of 16-21% to 12,000-12,500 km in FY24 due to a strong project pipeline, increased g...

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2023-05-08

Power policy draft amended by govt to stop new coal-fired capacity

In a major effort to combat climate change, India aims to remove a crucial clause from the final draft of its National Electricity Policy (NEP), stop...

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2023-05-08

By FY26, Coal India to invest Rs 910 billion on diversification

By 2025-2026, the nation's largest coal producer, Coal India Ltd (CIL), will invest Rs 910 billion in a number of initiatives, including mine develop...

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2023-05-08

$7.4 billion to be invested by AMNS India for capacity expansion

According to the company's announcement, AMNS India intends to invest $7.4 billion in capacity expansion, value-added capability growth, and improvem...

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2023-05-08

Myanmar Port sold at discounted price of $30 million by Adani Ports

Adani Ports and Special Economic Zone (APSEZ), the largest private port operator in India, stated that it had agreed to sell the contentious Myanmar...

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2023-05-08

CIDCO approves Metro Neo for Navi Mumbai Metro Project

The City and Industrial Development Corporation (CIDCO) has recently approved the implementation of the Navi Mumbai Metro Project, which includes the ...

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2023-05-08

DRA Infracon-led JV emerges as lowest bidder for Chennai Metro Phase 2

On May 1, 2023, the Chennai Metro Rail (CMRL) unveiled the financial/price bids for the underground civil contract package UG-01/RT-01 (Madhavaram t...

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2023-05-08

Underground metro line to seek nod for driverless operations

After Phase 1 (Bandra Kurla Complex to Aarey) is completed in December, Mumbai's first underground metro line will seek safety approval to begin drive...

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2023-05-08

Sany India opens new dealership in Karnataka

Sany India, a leading manufacturer of construction equipment, comes up with a new dealership in Bengaluru (Karnataka) in association with Masany Infra...

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2023-05-08

CE industry grows by 25% in FY2023

The quick expansion in road and infrastructure development activity across the nation, fuelled by significant governmental expenditure as well as priv...

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