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29 Oct 2025
Adani Ports and Special Economic Zone (APSEZ), led by Gautam Adani, expressed its intention earlier this week to participate in the INR 53,000 crore Vadhavan Port project near Mumbai. The company signed two memoranda of understanding with the Jawaharlal Nehru Port Authority (JNPA) to explore involvement in offshore works and the development of a container terminal. The JNPA, which owns the majority stake in the upcoming port, clarified that these agreements represent expressions of interest and will be followed by detailed bidding processes.Read more
29 Oct 2025
Four regional airports in Uttar Pradesh will halt scheduled commercial services during the upcoming winter flight timetable, government sources say. The affected airports are facing long-standing challenges such as low passenger numbers and a shortage of suitable aircraft. This move marks a sharper cut in connectivity than in previous years. Though the suspension is tied to the winter schedule, it raises questions about the viability of sustained commercial operations at these locations.Read more
29 Oct 2025
Indian Railway Finance Corporation Ltd (IRFC) will provide funding support of up to INR 20,000 crore for the Vadhvan Port project in Maharashtra. The memorandum of understanding (MoU) for the funding is expected to be signed during the upcoming India Maritime Week in Mumbai. The deep-draft port, with a proposed cargo handling capacity of 298 million tonnes per year and 24.5 million TEUs, is estimated to cost around INR 76,220 crore. Alongside IRFC, other lenders such as JICA, PFC and REC have also shown interest in financing the project.Read more
29 Oct 2025
The Odisha government has approved the "Building and Management of Aviation Assets and Network" (B-MAAN) scheme with a total outlay of INR 14,182 crore to position the state as an aviation hub in eastern India. The plan focuses on airport infrastructure, regional air connectivity, maintenance-repair-overhaul (MRO) facilities, emerging aviation technologies such as drones, seaplanes and e-VTOL aircraft, air cargo logistics, and aviation-related skill development. The scheme adds to the state's recent aviation initiatives, including approved MRO facilities and new land allotment policies to expand airport infrastructure.Read more
28 Oct 2025
The New Mangalore Port Authority (NMPA) is taking the lead as the platinum sponsor of India Maritime Week 2025 in Mumbai, aiming to highlight Karnataka's maritime potential, sustainable port initiatives, and digital advancements. The five-day event will gather policymakers, global maritime leaders, and industry stakeholders to explore themes around the blue economy, innovation, and investment opportunities. NMPA expects the signing of MoUs worth around INR 53,000 crore, with participation from MRPL, HPCL, NTCPWC, and NITK showcasing the state's expanding maritime ecosystem.Read more
28 Oct 2025
At the fourth edition of India Maritime Week 2025 in Mumbai, Union Home Minister Shri Amit Shah announced that the USD 5 billion Great Nicobar Island project will play a key role in boosting India's maritime trade and strategic reach. He highlighted opportunities worth INR 10 lakh crore in the sector and said India aims to triple cargo handling capacity to 10,000 MMTPA while becoming one of the top five ship-building nations. Shah also noted that the upcoming USD 10 billion Vadhavan Port near Mumbai will rank among the world's top ten ports. With 680 investment agreements worth over INR 10 lakh crore expected, the event showcased India's maritime expansion, sustainability goals, and growing global competitiveness.Read more
28 Oct 2025
The Rajasthan government has unveiled the "Developed Rajasthan @ 2047 Vision Document", outlining a roadmap to achieve a USD 4.3 trillion economy through four key pillars agriculture, industry, tourism, and renewable energy. The plan includes targets for 2030, 2035, and 2040, focusing on 13 sectors covering social welfare, infrastructure, governance, and economic growth. Major goals include increasing manufacturing's share in Gross State Value Added (GSVA) to 20 %, raising women's workforce participation beyond 60 %, and expanding the state's domestic tourism share to 15 %. The strategy also targets improved life expectancy, reduced infant mortality, and universal literacy, aligning with India's national vision of becoming a developed nation by 2047.Read more
28 Oct 2025
Delhi International Airport Ltd (DIAL) has announced plans to include a new metro station on the upcoming Golden Line to improve connectivity between Terminals 1 and 3 of the Indira Gandhi International Airport. The Golden Line, part of Phase IV of the Delhi Metro expansion, will extend up to Terminal 1 and integrate with Aerocity, creating a seamless multi-modal transport network connecting metro, RRTS, and the proposed Automated People Mover (APM) system.Read more
28 Oct 2025
Housing and Urban Development Corporation Ltd (HUDCO) entered into an initial agreement with the Jawaharlal Nehru Port Authority (JNPA) earlier this week to explore joint efforts in port infrastructure development projects valued at around INR 5,000 crore. The partnership aims to facilitate financing and refinancing opportunities for both existing and upcoming projects at Jawaharlal Nehru Port, highlighting HUDCO's growing focus on infrastructure beyond housing initiatives.Read more
27 Oct 2025
NTPC has announced plans to start commercial operations of a 9.9 MW wind power unit at Bhuj in Gujarat shortly. The capacity is part of a 92.4 MW project developed by a group company under NTPC Green Energy Limited, a wholly owned subsidiary of NTPC. The company confirmed the commercial operation date through a recent regulatory filing. Once operational, NTPC's total installed and commercial generation capacity will increase to 84,049 MW, reinforcing its efforts to expand renewable energy within its overall portfolio.Read more