The government is looking to sell successfully running public sector infrastructure projects such as power and steel plants to private companies in a bid to boost green-field investment and create fresh capacity.
Lending a push to power sector reforms ahead of the 2019 Lok Sabha elections due next year, UP government on Monday announced Rs 10,000-crore UP Power Sector Improvement Project,
Waking up to some of the state transport authorities and traffic police not accepting the digital version of driving licence and registration certificates, the Centre is set to amend the Motor Vehicles Rules making it compulsory for authorities to accept digital version of of all vehicle documents including pollution under control certificates and insurance documents.
Within 10 days of the launch of the Madhya Pradesh government’s subsidised power scheme and outstanding power bill waiver scheme, over 38 lakh people have registered themselves to avail the benefits, an official said here on Wednesday.
The Delhi government today approved hiring a consultant to run 1,000 electric buses, a move Chief Minister Arvind Kejriwal termed a big step towards modernising transport and reducing pollution.
South Korea has sought the intervention of the Prime Minister Narendra Modi’s office (PMO) to instil confidence among Korean investors, while airing serious concerns over the fate of existing Korean investments in the Indian power sector. South Korean president Moon Jae-in is touring India since Sunday.
India signed a INR 3,371 crore loan pact with World Bank to provide additional financing for PMGSY rural road projects. The loan has a 3-year grace period, and a maturity of 10 years, the finance ministry said in a release.
Business Today reported that as the government aims to launch India’s first bullet train by 2022, the floating of a tender by the NHSRCL, the nodal body to implement the project, has been the first major step towards completing the 508-km high-speed railway network between Gujarat and Mumbai.
Two bodies of the Tamil Nadu government, MTC and Chennai Metro Rail Ltd (CMRL), have started work on a common ticketing system for both their utilities in Chennai. However, the operator running suburban trains, the second biggest public transport mode in the city and its suburbs, Southern Railway is nowhere in the picture.
As India and Bhutan mark 50 years of diplomatic ties this year, the two sides reaffirmed their commitment to cooperation in the hydropower sector during a meeting between Prime Minster Narendra Modi and his Bhutanese counterpart Tshering Tobgay here on Friday.