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Adani Emerges As Top Bidder For Nh Stretch In Tamil Nadu.
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Adani Emerges As Top Bidder For Nh Stretch In Tamil Nadu.Adani Road Transport has emerged as the top bidder for managing a 124-km stretch of national highway in Tamil Nadu under the toll-operate-transfer (TOT) model, with an offer of ₹1,692 crore. The bid was followed by IRB Infrastructure Developers at ₹1,485 crore, Epic Concessions at ₹1,152 crore, and Prakash Asphaltings & Toll Highways at ₹876 crore. The stretch in question is the four-lane Trichy-Thuvarankurichi-Madurai section of NH-38. The National Highways Authority of India (NHAI) opened the financial bids on Tuesday, and the contract is expected to be awarded to the highest bidder after board approval, according to a senior government official. The NHAI had auctioned TOT Bundle 15 in mid-2024 as part of its ongoing efforts to boost highway infrastructure across the country.
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Jan 15, 2025
210-Meter Bridge On Nh-48 In Gujarat Completed For Mumbai-Ahmedabad Bullet Train Project.
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210-Meter Bridge On Nh-48 In Gujarat Completed For Mumbai-Ahmedabad Bullet Train Project.The Mumbai-Ahmedabad Bullet Train Project has made significant strides with the completion of a 210-meter-long pre-stressed concrete (PSC) bridge over National Highway-48 at Dabhan village near Nadiad in Kheda district, Gujarat. The bridge, finished on January 9, 2025, is located between the Anand and Ahmedabad bullet train stations. The bridge was constructed using the Balanced Cantilever Method, suitable for larger spans, and comprises 72 precast segments with four spans measuring 40 meters + 65 meters + 65 meters + 40 meters, according to the National High-Speed Rail Corporation Ltd. In addition to the bridge, several other components of the high-speed rail project have advanced, including the completion of 253 kilometers of viaduct work, 290 kilometers of girder casting, and 358 kilometers of pier construction. The project also includes 13 river bridges, five steel bridges, and the installation of noise barriers along 112 kilometers. Track construction has begun at multiple locations in Gujarat, while a 21-kilometer tunnel is under construction between Bandra Kurla Complex (BKC) and Thane in Maharashtra. In Palghar district, Maharashtra, seven mountain tunnels are being developed using the New Austrian Tunneling Method (NATM), and one tunnel has already been completed in Valsad district, Gujarat. The Mumbai-Ahmedabad High-Speed Rail (MAHSR) project, passing through Gujarat and Maharashtra, will connect major business hubs like Mumbai, Surat, Vadodara, and Ahmedabad. According to a feasibility study by JICA, the project’s Economic Internal Rate of Return (EIRR) is estimated at 11.8%.\
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Jan 15, 2025
Cci Clears Strategic Stake Acquisition By Ashoka Group In Infrastructure Sector.
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Cci Clears Strategic Stake Acquisition By Ashoka Group In Infrastructure Sector.The Competition Commission of India (CCI) has approved a strategic acquisition involving the Ashoka Group, a major player in the infrastructure sector. The transaction involves Ashoka Buildcon Limited (ABL) acquiring a 34% equity stake in Ashoka Concessions Limited (ACL) alongside certain convertible instruments by ABL and Viva Highways. In a parallel move, Viva Highways will take a 26% stake in Jaora Nayagaon Toll Road Company (JN). Ashoka Buildcon, known for its engineering, procurement, and construction (EPC) expertise, operates road projects under EPC, Build-Operate-Transfer (BOT), and Hybrid Annuity Model (HAM) frameworks. Its subsidiary, ACL, consolidates BOT-based road and highway projects. Viva Highways’ acquisition of JN, a BOT concessionaire responsible for managing State Highway-31 in Madhya Pradesh, reinforces its presence in the toll-road sector. The deal is expected to drive operational synergies and strengthen competitiveness in India’s road development and maintenance sector. Analysts view this move as part of a broader trend of consolidation and strategic realignment within the infrastructure industry, emphasizing efficiency and resource optimization. The Commission’s detailed order, outlining any conditions attached to the approval, is awaited. Meanwhile, the Madhya Pradesh project highlights a continued focus on regional connectivity and infrastructure development in India.
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Jan 15, 2025
Jsw Energy To Acquire 3,600 Mw Thermal Power Plant In Debt Resolution Deal.
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Jsw Energy To Acquire 3,600 Mw Thermal Power Plant In Debt Resolution Deal.JSW Energy Limited has received creditors' approval to acquire KSK Mahanadi Power Company Limited (KMPCL) through a resolution plan under India’s insolvency process. The company was issued a Letter of Intent on January 13, 2025, marking a strategic step toward expanding its power generation portfolio. Located in Chhattisgarh, the KMPCL facility includes an operational 1,800 MW capacity, with 95% of it committed under long- and medium-term power purchase agreements. An additional 1,800 MW is under construction, with one 600 MW unit 40% complete and infrastructure ready for the remaining units. The acquisition will elevate JSW Energy's total locked-in thermal generation capacity to 7.5 GW and its overall locked-in generation capacity to 28.2 GW, advancing its goal of reaching 20 GW capacity by 2030. The deal, however, is subject to regulatory approvals from the National Company Law Tribunal and the Competition Commission of India. The KMPCL plant has already secured essential arrangements for water supply and coal transportation for its full 3,600 MW capacity. Part of the USD 24 billion JSW Group, JSW Energy has grown its power generation portfolio from 260 MW in 2000 to 7,864 MW today, with assets spanning thermal, wind, hydel, and solar power. This acquisition reinforces the company’s commitment to scaling its energy operations while diversifying its portfolio.
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Jan 15, 2025
Khurda Road-Balangir Rail Project Nears Completion With Latest Tunnel Breakthrough.
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Khurda Road-Balangir Rail Project Nears Completion With Latest Tunnel Breakthrough.The Khurda Road-Balangir New Rail Line Project reached a significant milestone with the successful breakthrough of the 2.6-km-long tunnel between Buguda and Banigochha in Odisha's Nayagarh district, as announced by the East Coast Railway. The breakthrough, or "daylighting," was achieved on Monday and marks the completion of Tunnel T-3, which is the longest tunnel in Nayagarh district and the second longest in the entire project. This tunnel was excavated using the New Austrian Tunneling Method (NATM) and features a challenging 2-degree curve. Advanced technologies and machinery were used to navigate the rugged terrain of the Eastern Ghats, facilitating progress in the face of difficult conditions. The breakthrough will enhance connectivity between the eastern and western parts of Odisha, significantly improving the region’s transportation network and economic growth prospects. Railway Minister Ashwini Vaishnaw hailed the achievement, calling it "a milestone showcasing engineering excellence in challenging terrains." The 301-km rail project, which includes seven tunnels along a 75-km stretch between Daspalla and Purunakatak, has faced some of its most complex challenges in constructing tunnels through the Eastern Ghats. The longest tunnel (T-7), spanning 4.85 km, has already been completed. As of now, 215 km of the rail line has been finished, with 105.8 km completed between Khurda Road and Daspalla, and 109 km between Balangir and Purunakatak. Work is progressing on the remaining sections, with completion expected in the coming months. Once completed, the project will drastically reduce travel time between Bhubaneswar and Balangir, enhancing regional connectivity and supporting local economies.
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Jan 15, 2025
Mpmrcl Md Inspects Ongoing Work On Bhopal Metro Project.
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Mpmrcl Md Inspects Ongoing Work On Bhopal Metro Project.Madhya Pradesh Metro Rail Corporation Ltd (MPMRCL) Managing Director, S. Krishna Chaitanya, conducted an inspection of the Bhopal Metro Project recently, including a visit to the Subhash Nagar Depot, to assess construction progress and coordinate with officials, consultants, and contractors for the planned July launch of passenger operations. The inspection covered key areas such as depot infrastructure, station construction, and viaducts, with a focus on ensuring timely completion and efficient resource utilization. Chaitanya’s visit began at the Subhash Nagar Depot, where he reviewed the progress of the auxiliary sub-station, traction sub-station, and the control room in the administrative building. He emphasized the importance of completing these infrastructure components on schedule. He also directed contractors to increase the workforce at both the depot and stations, suggesting the implementation of both day and night shifts to expedite work. At Karond metro station, Chaitanya received updates on the rapid progress of the viaduct construction, highlighting the significant strides made toward completing the elevated corridor.
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Jan 15, 2025
Goa Cm Sawant Announces Metro Train Proposal Ready, Talks Underway With Railways And Centre.
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Goa Cm Sawant Announces Metro Train Proposal Ready, Talks Underway With Railways And Centre.Goa Chief Minister Pramod Sawant announced recently that the state government has prepared a proposal for a metro train system, with discussions already underway with Indian Railways and central authorities. Speaking at the Young Leaders Conclave in Dona Paula, Sawant confirmed that while the metro project is still in the planning stages, it is set to materialize in the long term. “The metro is in the planning stage. We have prepared our proposal, and discussions are ongoing with Indian Railways. But, in the long run, a metro will come to Goa,” Sawant stated. In addition to the metro proposal, Sawant revealed that the state is working on plans to create an IT hub, as over 50 to 60 IT companies are already operating in Goa. The Chief Minister also addressed plans to rebuild the Panaji and Mapusa bus stands, acknowledging delays but assuring that the reconstruction would proceed. Sawant further discussed the creation of a new complex at Goa University, which would house colleges for architecture, music, and pharmacy. The new complex would provide modern facilities, replacing the dilapidated pharmacy college building, and the foundation stone for the new pharmacy college is expected to be laid within six months. Additionally, Sawant highlighted the government's efforts to support nursing students, announcing that they would be accommodated under the CM apprenticeship scheme and provided a small stipend to encourage them to pursue post-graduate education. Virendra Singh Solanki, National General Secretary of Akhil Bharatiya Vidhyarthi Parishad (ABVP), also addressed the event, stressing the importance of student union elections in motivating students and fostering leadership. Bhushan Savaikar, Director of Higher Education, was also present at the session.
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Jan 15, 2025
Tembo Defence To Establish Manufacturing Plant In Maharashtra With Mou Signed At Davos.
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Tembo Defence To Establish Manufacturing Plant In Maharashtra With Mou Signed At Davos.Tembo Defence Products Private Limited, a subsidiary of Tembo Global Industries Limited, is set to sign a Memorandum of Understanding (MoU) with the Maharashtra government during the World Economic Forum in Davos, Switzerland. The agreement will pave the way for the establishment of a defence manufacturing facility in Maharashtra. The initiative aligns with India’s “Make in India” campaign, aiming to boost indigenous defence production capabilities, generate employment, and drive technological advancements in the sector. Sanjay J. Patel, Managing Director of Tembo Global Industries Limited, highlighted the transformative potential of the project, stating that the collaboration would enhance India’s self-reliance in defence manufacturing and strengthen the nation’s capabilities in this critical area. Founded in 2010, Tembo Global Industries specializes in manufacturing metal components for pipe support systems, fasteners, and HVAC equipment. Recognized as a 2 Star Export House, the company diversified into EPC contracting in 2023 and ventured into defence manufacturing in 2024. Tembo’s certified products, which include components for fire sprinkler systems, are used in industrial, commercial, and OEM installations. The company has also expanded its operations into the textile trading and solar power sectors, underscoring its commitment to innovation and growth across industries. The planned Maharashtra facility represents a significant step forward in India's efforts to bolster its defence sector and achieve self-reliance in advanced manufacturing.
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Jan 15, 2025
Blue Dart Launches New Integrated Logistics Hub In Delhi To Enhance Connectivity.
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Blue Dart Launches New Integrated Logistics Hub In Delhi To Enhance Connectivity.Blue Dart, a leading express services operator, unveiled its new integrated logistics hub in Bijwasan, Delhi, recently, aimed at boosting air and ground connectivity across the northern region. Strategically located along the Dwarka Expressway, just 20 minutes from Indira Gandhi International Airport, the facility offers direct access to key transportation networks, including the IGI Airport, Indian Railways, metro corridors, and major highways. It seamlessly integrates with the upcoming Gati Shakti Logistics Corridor, a key initiative for enhancing logistics efficiency in India. Spanning 2.5 lakh square feet, the facility supports the PM Gati Shakti National Master Plan by strengthening freight movement and improving multimodal connectivity. Tobias Meyer, CEO of DHL Group, emphasized the importance of sustainability in logistics, stating, "Supporting our customers’ decarbonisation journey is crucial, and this facility reflects our commitment to efficient, low-carbon logistics." The hub includes solar power installations with a 600-kW capacity to reduce carbon emissions and support sustainable energy practices. With the ability to handle over 5.5 lakh shipments per day, the facility is fully equipped for palletized cargo handling and features an automated system for precise and rapid sorting, minimizing manual handling and optimizing resource use. Blue Dart Managing Director Balfour Manuel described the Bijwasan facility as a significant investment in infrastructure, scalability, and sustainability, reinforcing the company’s promise to provide efficient and environmentally conscious logistics solutions. The new hub marks a major milestone in Blue Dart’s continued expansion and support for India’s growing economic potential.
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Jan 15, 2025
Brightnight Commissions 115 Mw Hybrid Renewable Power Project In Maharashtra.
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Brightnight Commissions 115 Mw Hybrid Renewable Power Project In Maharashtra.BrightNight announced on Tuesday the commissioning of the first phase of Optima Maharashtra, its inaugural 115 MW hybrid renewable power project in India. This marks one of the first co-located wind-solar projects in the state and represents BrightNight’s first energy delivery into the Indian power grid, further advancing its global decarbonization mission. Located in Dharashiv, southern Maharashtra, and covering about 14,000 acres, Optima Maharashtra integrates cutting-edge wind and solar technologies, powered by BrightNight’s AI-enabled PowerAlpha platform. This platform optimizes power output while minimizing environmental impact. Martin Hermann, CEO of BrightNight, emphasized India’s significant energy demand and favorable policy environment, noting, “Optima Maharashtra will be pivotal in advancing the state’s clean energy goals and supporting India’s broader Net Zero mission.” The project will contribute to Maharashtra’s aim of sourcing 40% of its energy from renewables by 2030. Optima Maharashtra is expected to generate enough dispatchable clean energy to power approximately 230,000 homes annually, while preventing about 225,000 tonnes of carbon emissions. Looking ahead, BrightNight is preparing to break ground on two large-scale projects in Rajasthan that will incorporate a mix of wind, solar, and battery energy storage systems. These projects are designed to supply peak power to off-takers connected to the national grid. In addition to its ongoing work in India, BrightNight is developing multiple hybrid projects across other states including Gujarat, Madhya Pradesh, Andhra Pradesh, Karnataka, and Rajasthan. India is now BrightNight’s second major global market after the US. In 2023, ACEN Corporation, a subsidiary of the Ayala Group, committed $250 million to BrightNight India to support the development of its gigawatt-scale renewable power portfolio.
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Jan 15, 2025
113 Roads Approved Along China Border For Development.
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113 Roads Approved Along China Border For Development.A year after the launch of the Vibrant Village Programme (VVP) along the India-China border, the Union Home Ministry has sanctioned 113 road projects worth ₹2,420.97 crore in the states of Arunachal Pradesh, Sikkim, and Uttarakhand for the 2023-24 period. The announcement was made in the ministry's annual report, underscoring the government's commitment to improving infrastructure and connectivity in these strategically important border areas. The road projects are part of the broader initiative to enhance the development and security of India’s border regions.
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Jan 15, 2025
Adani Green Energy Boosts Capacity With New Wind Power Project In Gujarat.
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Adani Green Energy Boosts Capacity With New Wind Power Project In Gujarat.Adani Green Energy Ltd (AGEL) announced recently that its subsidiary, Adani Renewable Energy Forty Eight Ltd, has commissioned a 57.2 MW wind power component for its wind-solar hybrid project in Khavda, Gujarat. This development boosts AGEL's total operational renewable energy capacity to 11,666.1 MW, according to a regulatory filing. The newly commissioned plant will be operational and commence power generation on January 15, 2025, following the required clearances, the company stated. The wind power component is part of AGEL’s ongoing efforts to expand its renewable energy portfolio, aligning with its commitment to sustainable energy solutions. The Khavda project represents a significant step in enhancing India’s renewable energy infrastructure.
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Jan 15, 2025