Adani Ports, PSA, JSW sets sight on Rs 7,000 crore Tuticorin project | Economy & Policy News

A Rs 7,056 crore outer harbour project by VO Chidambaranar (VOC) Port in Tuticorin is garnering interest from domestic and global majors in the sector, such as Adani Ports and Special Economic Zone, Singapore’s PSA International, Dutch major Van Oord, JM Baxi, and JSW, among others, according to sources close to the development. … Continue reading Adani Ports, PSA, JSW sets sight on Rs 7,000 crore Tuticorin project | Economy & Policy News

Pak shelves multi-billion-dollar gas project with Iran under US pressure

Pakistan has temporarily shelved the multi-billion dollar gas pipeline project to import cheap energy from neighbouring Iran, apparently under pressure from the US which has imposed sanctions against Tehran over its nuclear programme, according to a media report on Monday. The development comes as Pakistan struggles to put its cash-strapped economy in order… Continue reading Pak shelves multi-billion-dollar gas project with Iran under US pressure

Rs 127.21 cr project sanctioned for Ayodhya’s development in 2017-18: Govt

The Ministry of Tourism as part of its Swadesh Darshan Scheme sanctioned a project worth Rs 127.21 crore in the 2017-18 fiscal for the development of Ayodhya in Uttar Pradesh and the project has been “physically completed”, the government informed Parliament on Monday. To a query in the Lok Sabha seeking details of… Continue reading Rs 127.21 cr project sanctioned for Ayodhya’s development in 2017-18: Govt

Adani Energy Solutions secures $1 bn financing for green HVDC link project

Adani Energy Solutions Limited (AESL) on Monday said it has achieved financial closure for its $ 1 billion green high voltage direct current (HVDC) link project, that will increase renewable energy supply to Mumbai. The 80-km multi-faceted project will offer a technological upgradation to the Mumbai city. The construction work for this link… Continue reading Adani Energy Solutions secures $1 bn financing for green HVDC link project

India to support clean water project at school in Tuvalu with $700,000

India will be providing support worth $700,000 from the India-UN Development Partnership Fund to the project in Tuvalu to store and provide clean water in school, India’s Permanent Mission to the UN said in a statement. Notably, ‘Motufoua Secondary School’ is Tuvalu’s only public school. The proposed concrete water cistern, with a capacity of… Continue reading India to support clean water project at school in Tuvalu with $700,000

India hands over Rs 45 cr to Sri Lanka to fund digital identity project

India has handed over INR 450 million in advance to Sri Lanka to fund its unique digital identity project, the most crucial step in the island nation’s digitalisation programme being implemented through the Indian grant assistance. Sri Lankan President Ranil Wickremesinghe’s office here said that the fund from the government of India was… Continue reading India hands over Rs 45 cr to Sri Lanka to fund digital identity project

Foreign experts move SC over being uninformed on cheetah project in India

Experts from South Africa and Namibia have written to the Supreme Court (SC) over being uninformed about the cheetah project’s management in India. The experts, all members of the national cheetah project steering committee, under which 20 cheetahs have been translocated to India beginning last September, have raised “serious concerns” over the project’s… Continue reading Foreign experts move SC over being uninformed on cheetah project in India

Indian-origin creator receives S Africa’s NSTF award for aircraft project

A team led by a South African Indian-origin innovator has received a national award for a project he has been working on for almost a decade to create a pioneering vertical take-off and landing aircraft. The Pegasus Universal Aerospace Team, led by well-known aesthetics doctor Reza Mia, 40, received the prestigious National Science… Continue reading Indian-origin creator receives S Africa’s NSTF award for aircraft project

Powergrid board okays Rs 555 cr investment proposal for 85 MW solar project

State-owned Power Grid Corporation board on Monday approved an investment proposal of Rs 554.91 crore for an 85 MW solar power project at Nagda in Madhya Pradesh. “Board of Directors of POWERGRID in their meeting held on 31st July 2023 have accorded Investment Approval for implementation of 85 MW Solar PV Power Project… Continue reading Powergrid board okays Rs 555 cr investment proposal for 85 MW solar project