India Plans To Invest $3.1 Trillion Till 2030 To Meet Paris Agreement Climate Targets: IFC
India’s ambitious plans to meet its climate targets under the Paris Agreement represent about $3.1 trillion worth of investment opportunities by 2030, a report by the International Finance Corporation (IFC).
French Railway to Cooperate to Speed up Delhi-Chandigarh Rail Corridor
Increasing train speed up to 200 km per hour on the Delhi-Chandigarh route will cost around Rs.11,000 Cr. ($1.7 billion), says a study conducted by French railway.
JSW Steel Forms Subsidiary To Fast-Track Rs 55k-Cr. Projects In Odisha
JSW Utkal Steel Ltd has committed an investment of Rs 55,000 crore on a number of projects, including the integrated steel mill, the 900-megawatt (Mw) captive power plant, the 32-million-tonne pellet unit, a captive port and a slurry pipeline to transport iron ore concentrates from Joda to the project site proposed near Paradip.
NRIs Are Investing Rs. 500 Cr. for Clean Ganga Mission
The UK-based Indian-origin businessmen have committed to projects worth nearly Rs. 500 Cr. associated with the Clean Ganga mission, union minister Nitin Gadkari has said The Minister for Ganga, river development, water resources, highways, shipping and transport said that riverfront regeneration and development of ghats in the towns of Patna, Kanpur, Haridwar and Kolkata have been taken up by four leading industrialists from the UK.
Process Safety Workshop in India
Experts from nine countries have recently gathered in Hazira, Gujarat, India, for a process safety workshop co-organised by the World Steel Association (World Steel), Essar Steel and the Indian Steel Association (ISA).
India Invites Norway to Invest in Green Transportation
India is keen to work with Norway to create environment-friendly maritime clusters which are the next big thing in this area, Shipping Ministry Deputy Secretary Abhishek Chandra said at a seminar, organised by the Norwegian embassy on “How to Develop Green Transport in India”.
HDFC ERGO Launches Insurance Policy To Cover Solar Energy Shortfall
HDFC ERGO General Insurance Company, India’s third largest non-life insurance provider in the private sector, is the first in India to announce the launch of the Solar Energy Shortfall Insurance Policy.
Road Construction Begins on India - China Border
The construction of a rocky stretch of a road on the India-China border in the Vyans valley in Uttarakhand’s Pithoragarh is scheduled to commence in December 2017.
Dalmia Bharat Bags NCB’s National Awards
Dalmia Bharat, world’s greenest cement company bagged the prestigious National Award from National Council for Cement and Building Materials (NCB) for 2015-16 & 2016-17 across six categories.
Tata Projects JV With Daewoo bags Rs 5,612Cr. Tans Harbar Link Project
Tata Projects Ltd has won Rs 5,612 crore project to design and build part of India’s largest sea-bridge, the Mumbai Trans Harbour Link, in a joint venture (JV) with South Koran Company Daewoo E&C.
GIFT City Selected As Model City In Greenfield Category
GIFT City has been included in Government of India’s Smart City Mission Statement and Guidelines as Model City in Greenfield category for development of 100 Smart Cities in India.
Hyderabad Metro Put Into Commercial Service
Hyderabad Metro Rail Project, noticed for the world’s largest public-private partnership of its kind, commenced its commercial operations from 28th November’17 between Miyapur and Nagole, a total distance of around 30 km, covering 24 stations.
Mack Trucks Gets New President
Martin Weissburg has been named president of Mack Trucks beginning June 1. For the past three years, he’s been serving as president of Volvo Construction Equipment.
Deere Finalizes Acquisition of Road Construction Giant Wirtgen Group
Deere & Co. has completed its acquisition of the Wirtgen Group, the leading manufacturer of road construction equipment, the company said. In June, Deere announced a definitive agreement to acquire the international, privately held company.
IL&FS Engineering Bags Contract Worth Rs.582 Cr.
IL&FS Engineering and Construction Company Ltd has received a Letter of Acceptance (LoA) for a road contract from IL&FS Transportation Networks Ltd (ITNL).
Kochi Resolves Dispute With Synergy
In a progressive move, SmartCity-Kochi has amicably settled the dispute with Synergy Property Development Services.