Renewable energy sector in India gets $70 billion investment in 7 years
NEW DELHI: India’s Power Minister R K Singh has said that as much as USD 70 billion (about Rs 5.2 lakh crore) has been invested in renewable energy across the… Read more »
Tag: India
India’s second Covid-19 wave to impact infrastructure sectors, says Moody’s
NEW DELHI: India’s second coronavirus wave will affect its infrastructure sectors to varying degrees with power companies and ports better able to weather the impact of pandemic-induced disruptions compared with… Read more »
Nirmala Sitharaman hands over possession to homebuyers through virtual meet
NEW DELHI: India’s Finance & Corporate Affairs Smt. Nirmala Sitharaman today handed over possession to homebuyers virtually as the Government of India’s Special Window for Affordable & Mid-Income Housing (SWAMIH)… Read more »
462 infrastructure projects show cost overruns worth Rs 4.36 lakh crore
NEW DELHI: As many as 462 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns totalling more than Rs 4.36 lakh crore, according to… Read more »
India targets road construction worth Rs.15 lakh crore in next two years
NEW DELHI: India’s Road Transport & Highways and Micro, Small and Medium Enterprises Minister Nitin Gadkari said that the Government is giving utmost priority to the development of infrastructure and… Read more »
India,Germany sign agreement on ‘Cities combating plastic entering the marine environment’
NEW DELHI: The Ministry of Housing and Urban Affairs (MoHUA), Government of India and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH India on behalf of the German Federal Ministry of… Read more »
Total grant of Rs. 60,750 crore for rural and Rs. 26,710 crore for urban local bodies released in 2020-21
NEW DELHI: The Department of Expenditure, Ministry of Finance on Wednesday released an amount of Rs. 4,608 crore to States for providing grant-in-aid to the local bodies. The grants are… Read more »
Kotak Investment, Allianz Group tie-up for India’s private credit market
NEW DELHI: Kotak Investment Advisors (KIAL), the fund manager of Kotak Mahindra Group and Allianz Investment Management — the investment management arm of Germany’s Allianz Group — said on Monday… Read more »
All steel to be allowed to be used for Highway construction
NEW DELHI: The Ministry of Road Transport and Highways has issued orders that all steel – whether produced from ore, billets, pellets or melting of scrap – would be allowed… Read more »
ADB, India sign $100 million loan to upgrade power distribution system in Bengaluru
NEW DELHI: Asian Development Bank (ADB) and the Government of India on 31st December 2020 signed a $100 million loan to modernise and upgrade the power distribution system to enhance… Read more »