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Avaada Energy closes Rs 597 crore refinancing for solar projects
Infrastructure - Oct 16,2024
Avaada Energy has secured approximately Rs 597 crore ($71.1 million) in refinancing for its solar projects in Karnataka and Maharashtra from NIIF Infrastructure Finance. This refinancing will help eas .

BEML bags Rs 866.87 crore contract for two bullet train sets
Infrastructure - Oct 16,2024
BEML has secured an ₹866.87-crore contract from Integral Coach Factory (ICF) to produce India's first indigenously manufactured bullet train sets, capable of speeds up to 280 km/h. The project .

VA Tech WABAG wins Rs 1,000 crore order from Indosol for desalination plant
Infrastructure - Oct 16,2024
VA Tech WABAG Ltd has secured a ₹1,000 crore order from Indosol Solar Pvt Ltd to establish a 100 million litre per day sea water desalination plant at its solar photovoltaic manufacturing facility i .

MoRTH invites bids for four-lane upgradation of bypass road in Maharashtra
Infrastructure - Oct 16,2024
The Ministry of Road Transport & Highways (MoRTH) has invited bids for the upgradation of the Barshi Takli Bypass (NH-161 A) in Maharashtra, transforming it into a four-lane road with paved shoulders. .

Govt approves two metro routes in Pune at Rs 9,897 crore outlay
Infrastructure - Oct 16,2024
The Maharashtra government has approved two new metro rail routes in Pune: Khadakwasla-Swargate-Hadapsar-Kharadi and Nalstop-Dahanukar Colony-Warje Manikbaug. The project, which will include 28 statio .

Road projects worth Rs 2,200 crore announced in Andhra, Maharashtra, other states
Infrastructure - Oct 15,2024
Nitin Gadkari announced funding for road projects across Maharashtra, Telangana, Andhra Pradesh, and Goa. Maharashtra received ₹809.77 crore for NH-63 upgrades, Andhra Pradesh ₹498 crore for state .

Clarissa Group opens five-star resort & spa in Nainital
Infrastructure - Oct 15,2024
Clarissa Group has opened its first five-star property, Clarissa Resort & Spa Mukteshwar, in Nainital, Uttarakhand. Positioned as a leisure and event destination, the resort blends luxury and technolo .

PM GatiShakti: 208 infra projects of Rs 15.39 lakh crore recommended for approval
Infrastructure - Oct 15,2024
Under the PM GatiShakti initiative, 208 infrastructure projects worth ₹15.39 lakh crore have been recommended by the Network Planning Group (NPG). These include 101 road, 73 railway, 12 urban develo .