The project implementing agency National High-Speed Rail Corporation (NHSRCL) has been entrusted by the railways to prepare Detailed Project Reports (DPR) for seven new high-speed rail corridors. The national transporter has also begun feasibility studies on seven other potential high-speed corridors to gauge their financial viability and estimated traffic they will attract. The Indian Railways is exploring whether the corridors ...

Auction for Sale (Re-issue) of ‘5.22% GS 2025’, Auction for Sale (Re-issue) of ‘6.19% GS 2034’, and Auction for Sale (Re-issue) of ‘7.16% GS 2050’ Government of India has announced the Sale (Re-issue) of (i) ‘5.22 percent Government Stock, 2025’ for a notified amount of Rs 12,000 crore (nominal) through price based auction, (ii) ‘6.19 percent Government Stock, 2034’ for a notified amount ...

The three packages under Sohna-Mumbai expressway includes a 58-km stretch that passes through Delhi with an aim to decongest Delhi in the coming years. The National Highways Authority of India (NHAI) on Monday invited applications from private players as part of the bidding process for three packages for the Delhi-Mumbai expressway project. The bids have already been invited for two ...

An extension of 98 days has been given The Indraprastha Power Generation Company Limited (IPGCL) has issued a 98-day extension for the completion of its 21.5 MW of rooftop solar projects to be developed on government buildings in Delhi. The IPGCL announced this extension through a corrigendum amending the letter of approval (LoA) for the projects. It noted that all ...

The hybrid annuity model for road construction, in which the government would pay 40% of the project cost, is gaining traction. Bidding for two projects on the Delhi-Meerut Expressway costing a total of Rs 1,918 crore has elicited good response, sources said. While a Rs 796-crore project for adding more lanes along a 8.7-km stretch on the expressway received two ...