23 Feb 2023 Railways plans elevated tracks to run faster inter-city trains The railways is readying a plan to build elevated tracks for running semi-high speed passenger trains on popular sectors such as Delhi-Jaipur, Mumbai-Pune, Bangalore-Chennai and Delhi-Amritsar via Chandigarh. This will require investment of Rs 150-160 crore per kilometre through direct budget support
23 Feb 2023 Indian Railways to modernise up 90 stations Indian Railways has included 90 railway stations in the southern railway for modernisation under Amrit Bharat Scheme. About 15 railway stations in each of the six divisions - Chennai, Madurai, Tiruchchirappalli, Salem, Palakkad and Thiruvananthapuram will be modernised with a long-term vision, said official sources from the railways.
23 Feb 2023 TriVeda Capital to raise Rs 200 crore for realty projects TriVeda Capital plans to raise a Rs 200-crore AIF corpus to invest in plotted development projects. The fundraising involves retaining an additional Rs 50 crore through a green-shoe option. A Category II Alternative Investment Fund (AIF), Bangalore Opportunity, focuses on plotted development and residential assets in major South Indian metropolitan areas.
23 Feb 2023 Cabinet approves planning areas for 10 towns in Bihar The state cabinet gave its approval to new planning areas of 10 towns to pave the way for the constitution of corresponding planning authorities and drafting the master plan for future development.
24 Feb 2023 Tripura govt, NTPC REL ink pact for development of green energy projects The government of Tripura and NTPC Renewable Energy (NTPC REL) have signed an agreement for development of renewable energy projects in the northeastern state. The agreement aims to develop large-sized renewable energy projects in Tripura and shall help the state in meeting its clean energy commitments.
24 Feb 2023 India plans to shift to solar, wind power by 2025 India plans to add 76 gigawatts (GW) of utility-scale solar and wind power by 2025 which could save up to over Rs 15 lakh crore caused due to the burning of coal, according to the latest research by Global Energy Monitor.
24 Feb 2023 Taj Exotica to build Maldives’ largest solar parks Indian Hotels Company (IHCL) has announced that Taj Exotica Resort & Spa, Maldives has signed an agreement with Swimsol, the global leader in offshore marine photovoltaics, to induct a floating solar park. Once the floating solar park goes on stream in 2024, Taj Exotica Resort & Spa will operate with one of the lowest carbon footprints in the Maldives.
24 Feb 2023 Rs 3,500 crore sought for ring road land acquisition in Pune The district land acquisition officers have placed a demand for Rs 3,500 crore before the Maharashtra State Road Development Corporation (MSRDC) for commencing the land acquisition process for the western phase of the proposed 170 km Pune Ring road.
24 Feb 2023 Centre okays 15 research projects worth Rs 32 crore in speciality The ministry of textiles has cleared 15 research and development projects worth Rs 32.25 crore across key strategic areas such as speciality fibres, protective textiles, high-performance textiles, geotextiles, medical textiles, sustainable textiles, and textiles for building materials.