The state government has released Rs 1,962 crore for dam related works and rehabilitation and resettlement of displaced families. Of the total sum released, over Rs. 1,252 crore would be utilised on the Polavaram main dam and related works.

Indian apparel exporters are gearing up to start producing personal protective equipment (PPE) kits to help fight the pandemic and also make India a hub for sourcing PPE kits.

Sibur will supply two cargoes of liquefied petroleum gas (LPG) to India as it looks for new markets. Sibur loaded a vessel with 12,700 tonnes of butane on April 18 and another vessel with 11,900 tonnes of propane on April 21 from Ust-Luga port for delivery to India.

The Directorate General of Hydrocarbons (DGH) has given investment approvals worth nearly $4.8 billion (Rs. 36,000 crore) for upstream oil and gas activities in India. Among the large investment proposals given approval are ‘work-plan budgets’ of projects in the Krishna-Godavari Basin, including projects of ONGC and Reliance Industries Ltd.

The Assam state government has issued an open invitation to companies to set up their business ventures in Assam as the state has a power surplus of 350 MW to cater to their electricity needs.

The Asian Development Bank has approved a $346 million (around Rs. 2,616 crore) loan to the Indian government to provide reliable power in rural areas of Maharashtra.

MoRTH has set a target of constructing roads worth Rs. 15 trillion in the next two years, which are part of the larger National Infrastructure Pipeline (NIP). The Centre and the states would have equal share of 39 per cent in the proposed NIP and the private sector would have 22 per cent.

The Jindal Group is counting on favourable government policies and new investors to complete the country’s largest hydropower project, as a generation glut makes the estimated $3.3 billion facility a risky bet. The company holds a 74 per cent stake in the 3.1 gigawatt Etalin Hydro Electric Power Co, with the Arunachal Pradesh government owning the rest.

Construction of the controversial new parliament building at a cost of Rs. 922 crore has been cleared by the Environment Ministry’s Expert Appraisal Committee, with the usual caveats on minimal tree cutting, environmental responsibility and so on, even as a Special Leave Petition on the issue is pending before the Supreme Court.