06 Jul 2025

NBCC (India) Ltd has formalised an agreement with the National Film Development Corporation (NFDC) for the extensive redevelopment of the Siri Fort Auditorium Complex in New Delhi. Acting as the Project Management Consultant (PMC), NBCC will oversee all aspects of the transformation, which will preserve the site's cultural legacy while integrating modern infrastructure and international green building standards. The 5.5-acre complex, originally constructed during ASIAD 1982, will be repositioned as a world-class creative and cultural hub featuring multiple themed zones, high-tech upgrades, and accessible public spaces.Read more

06 Jul 2025

Union Minister Nitin Gadkari announced the completion of the 66.9 km four-lane Bandikui Spur, enhancing connectivity between Delhi and Jaipur. Built at a cost of INR 2,016 crore, the Greenfield road links the Delhi-Vadodara Expressway directly to Jaipur, cutting travel time to 3 hours and easing congestion on NH-48 and NH-21. The project is expected to boost tourism in Jaipur and improve access to landmarks like Amer Fort and Jantar Mantar. It will also lower logistics costs and benefit local farmers by providing easier access to Delhi markets. Separately, Gadkari stressed the need for faster infrastructure execution, highlighting funding is not an issue but timely delivery is.Read more

05 Jul 2025

The Indian Renewable Energy Development Agency (IREDA) has reported strong growth in its financial indicators for the June quarter. Loan sanctions increased by 29% to INR 11,740 crore, while disbursements rose 31% to INR 6,981 crore. The state-owned agency's outstanding loan book stood at INR 79,960 crore on June 30, a 27% increase. These figures reflect a rise in demand for renewable energy financing, underscoring IREDA's role in India's clean energy transition and its ability to provide funding solutions.Read more

04 Jul 2025

Assam Chief Minister Shri Himanta Biswa Sarma and Union Road Transport Minister Shri Nitin Gadkari reviewed progress of key infrastructure projects in Assam. The meeting, held in New Delhi, focused on ensuring timely completion of national highway projects to boost regional connectivity and economic growth in the Northeast. The Chief Minister also held separate discussions on expanding corporate social responsibility initiatives and a Kenya-based company's entry into Assam's health sector. These meetings reflect ongoing efforts to accelerate development across multiple sectors in the state.Read more

03 Jul 2025

Mumbai's Coastal Road Project's north phase, connecting Versova to Bhayandar, has received crucial Stage 1 approval for mangrove forest diversion. The INR 20,000 crore project involves interchanges, elevated roads, and twin tunnels, with much of the area in the Coastal Regulation Zone. Approximately 8.24 hectares of mangrove forest and 9,000 trees will be affected. Mitigation includes planting over 1.37 lakh new mangroves and afforestation over 31 hectares. The BMC will now seek High Court approval to begin construction, aiming to reduce travel time significantly and ease traffic congestion in Mumbai.Read more

03 Jul 2025

State-owned SJVN has signed multiple power purchase agreements to supply green energy from its hydro electric projects in Nepal and Himachal Pradesh. The agreements, announced on Tuesday, involve Uttar Pradesh Power Corporation Limited (UPPCL) and New Delhi Municipal Council (NDMC). Projects like the 900-MW Arun-III in Nepal and the 210-MW Luhri Stage-I and 382-MW Sunni Dam HEPs in Himachal Pradesh will add 592 MW of green energy to the national grid upon commissioning by December 2028. These deals contribute to India's clean energy transition and power infrastructure.Read more

02 Jul 2025

India is poised to invest around INR 4.91 lakh crore between 2027 and 2032 to upgrade and expand its power transmission network, as per a report by financial consultancy InVed. The capital will bolster high-voltage infrastructure, including the addition of over 76,000 circuit kilometres of transmission lines and nearly 5 lakh MVA of transformation capacity. A significant chunk over INR 3.91 lakh crore will fund the Inter-State Transmission System, while INR 99,296 crore will be allocated to intra-state projects. The effort aligns with India's broader vision to boost grid efficiency and integrate renewable energy on a national scale.Read more

02 Jul 2025

Larsen & Toubro (L&T) has established a new wholly-owned subsidiary, Panipat Green Hydrogen Pvt Ltd, to pursue green hydrogen projects and allied activities. The move follows its earlier land acquisition in Kandla, Gujarat, for green hydrogen and ammonia development. In a parallel update, Fitch Ratings affirmed L&T's long-term foreign and local currency issuer default ratings at 'BBB+' with a stable outlook. The government's growing emphasis on green hydrogen through initiatives like the National Green Hydrogen Mission underpins L&T's strategic expansion into this space.Read more

02 Jul 2025

Ludhiana is set to inaugurate several new civic body projects, including an innovative construction and demolition (C&D) waste plant. The plant, located in Dhandhari, will process at least 100 tons of waste daily to produce tiles, costing INR 7.30 crore for its tender. Other upcoming facilities include an all-weather swimming pool near Rakh Bagh (INR 5.82 crore) and a basketball court at Guru Nanak Stadium (INR 14.38 crore). These projects aim to enhance urban infrastructure and environmental management, addressing long-standing needs for waste processing and sports facilities in the city.Read more

01 Jul 2025

A large-scale cleanliness campaign was undertaken in Navi Mumbai, spearheaded by Navi Mumbai Municipal Corporation (NMMC) in collaboration with the Dr Nanasaheb Dharmadhikari Foundation, involving over 3,500 citizens and volunteers. The initiative targeted the Sion-Panvel highway and five major railway stations-Belapur, Nerul, Juinagar, Sanpada, and Vashi. Supervised by NMMC Commissioner Dr Kailas Shinde and senior civic officials, the operation yielded 22 tonnes of waste, including plastic, paper, fabric, and overgrown vegetation. The campaign aligns with the national 'Swachh Bharat Mission' and was part of an early rollout under the upcoming 'Safai Apnao, Bimari Bhagao' drive.Read more