All stories by Dhruvaksh Saha
Reliance, JSW in fray for 10 Gwh ACC Battery PLI
Rediff.com7 days agoThe Ministry of Heavy Industries announced on Tuesday that it has received bids from seven players for the re-bidding tender of the 10 gigawatt-hour (Gwh) tranche of the Advanced Chemistry Cell (ACC) manufacturing production-linked incentive (PLI). "The list of bidders (in alphabetical order) who have submitted bids in response to this tender are ACME Cleantech Solutions, Amara Raja Advanced Cell Technologies, Anvi Power Industries, JSW Neo Energy, Reliance Industries, Lucas TVS, and Waaree Energies for a cumulative capacity of 70 Gwh," the ministry said in a statement. After the re-auctioning for the manufacturing unit was announced in January, the pre-bid meeting was held on February 12, the ministry said.
In FY25, NHAI to monetise 2,741 km roads
Rediff.com18 Apr 2024The National Highways Authority of India (NHAI) is looking to monetise 33 stretches of national highways during the current financial year (FY25) through its toll operate transfer (TOT) and infrastructure investment trust (Invit). These stretches include Lucknow-Aligarh, Kanpur-Ayodhya-Gorakhpur, and Bareilly-Sitapur in Uttar Pradesh, Gurugram-Kotputli-Jaipur bypass and Jaipur-Kishangarh in Rajasthan, Panikoili-Rimuli in Odisha, Chennai Bypass in Tamil Nadu, and Muzaffarpur-Darbhanga-Purnia highway in Bihar. Cumulatively, the 33 stretches, spanning 2,741 kilometres (km) earned approximately Rs 5,000 crore revenue in FY24.
Fall in other goods freight may put Railways' 2030 target off track
Rediff.com10 Apr 2024Indian Railways has managed to improve its freight volumes each year since the pandemic. However, its inability to add new industries and goods will pose a challenge for the national transporter in the wake of it setting an ambitious target of 45 per cent share in the national logistics by 2030. According to officials, the ministry of railways achieved 114 million tonnes (mt) of miscellaneous goods (classified as balance and other goods) in 2023-24.
BJP Manifesto To Feature Bullet Trains
Rediff.com26 Mar 2024A source in the know said realistically two-three of the seven bullet train corridors could be included as a practical election promise.
Coming Soon! The Bullet Train!
Rediff.com5 Mar 2024With land acquisition completed and infrastructure work streamlined, India's bullet train dreams are slowly, but finally, inching closer to reality.
'Should construct 13,000 km of national highways in FY24'
Rediff.com21 Feb 2024'The vision now is not just to look at national highways as a number of kilometres, but quality as well.'
Private, state ports' growth outpaces central counterparts till Q3 FY24
Rediff.com29 Jan 2024India's private and state government-owned ports (non-major ports) continued to grow faster than those owned by the Centre (major ports) through the first three quarters of 2023-24 (FY24), cargo handling data shows. At 604 million metric tonnes (mmt), cargo at major ports grew by 5 per cent between April and December, while non-major ports' cargo traffic growth was 11 per cent at 531 mmt. During December 2023, central government-owned ports in India handled cargo volumes of 69.9 mmt, a tepid year-on-year (Y-o-Y) growth of 0.7 per cent.
Centre Assesses Threats As Sea Piracy Surges
Rediff.com29 Dec 2023'Due to the Israel-Hamas conflict, a faction operating in the Red Sea -- which is a typically safe area - has been firing projectiles arbitrarily.' 'Additionally, there have been two incidents involving Somali pirates, and one vessel has been hijacked.'
Shippers Are Worried About Red Sea Attacks
Rediff.com26 Dec 2023'If attacks escalate, there is a risk the Suez Canal may be closed.'
168,491 Lives Lost In Road Mishaps
Rediff.com13 Nov 202333 per cent of all road accidents and 35 per cent of fatal accidents took place on national highways and expressways.
Gadkari unveils prototype of world's first BS-VI-compliant flex-fuel car
Rediff.com30 Aug 2023Union Minister of Road Transport and Highways Nitin Gadkari on Tuesday unveiled the prototype of the world's first Bharat Stage (BS)-VI-compliant electrified flex-fuel car, developed by Toyota Kirloskar Motor. The car, which runs on 100 per cent ethanol (E100), is based on the Toyota Innova HyCross. It can cover 40 per cent of its distance on ethanol and the remaining 60 per cent on electric, with the petrol engine shut off.
India's first public InvIT for road, highway projects in the works
Rediff.com8 Aug 2023After the success of the National Highways Authority of India's (NHAI's) first infrastructure investment trust (InvIT) with foreign institutional investors, the Centre is working on a proposal to launch a fresh InvIT for national highways, where domestic retail investors can hold units of the trust
Rail Accidents Surged By 37% In 2022-2023
Rediff.com13 Jun 2023In 2021, the Railways boasted of a historic feat -- no passenger deaths in train accidents in two years. However, the derailment of the Bikaner-Guwahati Express in 2022 brought the Railways back to its forgetful past.
Sittwe Port: India's Move Against China
Rediff.com20 May 2023The project, the agreement for which was signed way back in 2009, had been gaining strategic relevance over the years as India-China ties took a hit.
Railways Realising Its Paperless Dreams
Rediff.com17 May 2023'Currently, 81 per cent of all reserved tickets are booked through e-ticketing.'
'No second thoughts on Great Nicobar Port'
Rediff.com11 Apr 2023'An area of land has already been earmarked for their protected habitation.' 'There are also steps being taken to take care of the coral zone and mangroves.'
Railways rolls out energy efficiency plan to meet 2030 net-zero target
Rediff.com4 Jan 2023Focuses on meeting non-traction demand through renewables.
Cattle hits, snags raise doubts over Vande Bharat as 'train of future'
Rediff.com19 Oct 2022Experts suggest that a revamp in the surrounding infrastructure should take care of the issues plaguing the VB-2, stressing that the lightweight nature of the trains is what allows for higher speeds, and that needless design additions may hamper the train's efficiency.
Govt to amend 114-year-old the Indian Ports Act, bring in reforms
Rediff.com19 Aug 2022The Ministry of Ports, Shipping and Waterways has released a draft to amend the Indian Ports Act, 1908, which aims to bring in sweeping reforms in the sector by bringing non-major ports into the national fold, creating a new mechanism for resolution of disputes, and empowering maritime state development council (MSDC). The draft bill will see comments from stakeholders before being tabled in Parliament. "The Indian Ports Act, 1908 is more than 110 years old. It has become imperative that the Act is revamped to reflect the present-day frameworks, incorporate India's international obligations, address emerging environmental concerns, and aid the consultative development of the ports sector in the national interest," the shipping ministry said.