Infrastructure

Investment to significantly boost NMP programme The Cabinet Committee of Economic Affairs (CCEA) has approved a Rs.15,000 crore FDI proposal by Canadian-linked Anchorage Infrastructure Investment Holding Ltd, an India investment holding incorporated specifically for the purpose of investment in infrastructure...

NDB expected to open office in India India is currently in the process of setting up a Development Finance Institution (DFI), called National Bank for Financing Infrastructure & Development, which is primarily aimed at funding large infrastructure projects, Onkar Kanwar,...

30 Stations planned for the Central Silk Board and Kempegowda Airport route The Asian Development Bank (ADB) has signed a US$500 million loan with the Indian Government for the expansion of 56-km of metro rail network in Bengaluru to decongest...

Programme to unlock the value of investments in brownfield public sector assets Minister for Finance and Corporate Affairs Nirmala Sitharaman has launched the asset monetisation pipeline of Central ministries and public sector entities, the ‘National Monetisation Pipeline (NMP Volumes 1...

Industry encouraged to move to hydrogen, innovation and technology path The industry has welcomed the proposed Rs.100 lakh crore Pradhan Mantri Gati Shakti programme for uplifting the economic growth by investment in infrastructure, manufacturing and competitiveness to drive India’s future...

Project Monitoring Consultant appointed for Krishnapatnam-Tumakuru node The Integrated Multi Modal Logistics Hub known as Freight Village at Nangal Chaudhary in Haryana under DMIC project development activities related to external connectivity have been initiated, Minister of State in the Ministry...

Aggarwal sees fast pace economic recovery from April-May 2021 low The Government should front-load the National Infra Pipeline (NIP) expenditure as increased spending on infrastructure will give a multiplier effect to rejuvenate the aggregate demand in the economy, said PHD...

NITI will partner with some of the states to take these reforms forward Changes in policy, organisational and managerial systems as well as technological reforms are needed for most of the Indian power distribution companies (discoms) which incur losses every...

Narain highlighted the impact of climate change on rivers and hydrology Water Sensitive Urban Design and Planning and Urban Water Efficiency and Conservation are key areas of a new capacity building initiative on 'Making water sensitive cities in Ganga basin'...

India heads for leadership in Green Hydrogen and Green Ammonia India has already achieved 38.5% power generation from non-fossil fuel of its COP-21 pledged 2030 target of 40%, and adding capacity under installation, it would be 48.5% way ahead of...