Mar 05, 2023 Rs 15,626 crore approved under Agriculture Infrastructure Fund Loans amounting to Rs 15,626 crore have been sanctioned under Agriculture Infrastructure Fund to create 21,380 infrastructure units at an aggregate investment of more than Rs 32,000 crore all over the country till this year.
Mar 05, 2023 Volvo to build new EV manufacturing facility in India Volvo Cars is exploring possibilities to set up a new electric vehicle manufacturing facility outside China and India is a contender in the race. The demand for EVs is expected to jump in 2023 due to advancements in charging infrastructure and price parity with diesel and petrol engine vehicles.
Feb 20, 2023 IIFCL approved Rs 6,630 crore loan for development of airports The India Infrastructure Finance Company (IIFCL) has approved a loan of Rs 6,630 crore for the development of six major airports. In addition, IIFCL has given preliminary approval of Rs 638 crore for the development of a greenfield airport in Andhra Pradesh.
Feb 20, 2023 Tata Power to build EV charging points across India in 5 years Tata Power has kicked off an ambitious nationwide plan of setting up around 25,000 electric vehicle (EV) charging points to support faster adoption of electric mobility over the next five years. The company said its charging initiatives are in line with the government's National Electric Mobility Mission Plan (NEMMP), which aims to develop EV charging infrastructure using the latest technological platform along with easy access to charging points.
Feb 20, 2023 Foundation stone laid for Rs 10,800 crore infrastructure project in Karnataka Prime Minister Narendra Modi laid foundation stone and inaugurate projects worth more than Rs 10,800 crore. According to an official the Prime Minister laid the foundation stone and inaugurate various developmental projects related to irrigation, and drinking water besides a National Highway development project.
Feb 20, 2023 PM inaugurates projects worth Rs 6,000 crore in Karnataka During a recent visit to Karnataka, Prime Minister Narendra Modi launched several construction and infrastructure projects worth a total of Rs 6,000 crore. Included in these projects is the laying of the foundation stone for a 65.5 km section of NH-150C, a 6-lane greenfield road project, which is part of the Surat-Chennai Expressway. The project will be built at an investment of Rs 2,000 crore.
Feb 20, 2023 Airtel to invest Rs 2,000 crore in Hyderabad Bharti Airtel Group will be investing Rs 2,000 crore for setting up a large hyperscale data centre here. The company, through its data centre arm, Nxtra Data Centres, will invest the amount as capital investment for the infrastructure which will further attract investments from their customers, it said. The facility will be a hyperscale data centre with a capacity of 60 megawatts (MW) of IT load for the first phase.
Feb 05, 2023 NaBFID to lend Rs 15,000 crore to infra projects this quarter The National Bank for Financing Infrastructure and Development the newest development finance institution (DFI) to start lending last month, expects to advance Rs 15,000 crore to infrastructure projects this quarter.
Feb 05, 2023 ADB approved $1.2 bn loan for infrastructure projects The Indian government and the Asian Development Bank (ADB) signed loan agreements totalling $1.22 billion for developing infrastructure in various Indian states. The agreements would cover projects for improving the power sector and highways in the north-eastern states.