Adani Group plans Rs 60k cr green energy investment in AP

L&T Secures Largest-Ever Offshore Hydrocarbon Contract

Larsen & Toubro (L&T) Hydrocarbon Business has won its largest-ever offshore contract from QatarEnergy LNG for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 4).The contract covers engineering, procurement, fabrication, installation, and commissioning of two offshore compression complexes, each featuring large platforms with compression and power generation facilities, living quarters, flare platforms, and interconnected bridges. These will be located 80 km off Qatar’s northeast coast.“Securing QatarEnergy LNG's Ultra Mega Offshore Contract—the ..

NHAI Completes Record Rs. 180 Billion InvIT Monetisation

The National Highways Infra Trust (NHIT), set up by NHAI, has completed its fourth round of fund-raising at an enterprise value of Rs. 183.8 billion (bn), marking the largest monetisation deal in India's road sector. This brings NHIT’s total realised value across four rounds to over Rs. 460 bn.In this round, NHIT secured Rs. 83.4 bn in unit capital from domestic and international investors and Rs. 100.4 bn in debt from domestic lenders. The funds will be used to acquire highway stretches in Andhra Pradesh, Uttar Pradesh, Uttarakhand, Gujarat, and Chhattisgarh at a concession value of Rs. 177..

Maharashtra Government Directs BMC to Complete Road Concretisation by May 31

The Maharashtra Government has instructed the Brihanmumbai Municipal Corporation (BMC) to complete all ongoing road concretisation work in Mumbai by May 31 and not to undertake any new projects.This decision was taken during a meeting convened by Speaker Rahul Narvekar with Mumbai MLAs to address concerns over alleged mismanagement and irregularities in the road concretisation work.According to news reports, the meeting also decided that a review of the progress would be conducted by the end of April. Additional Municipal Commissioners have been directed to coordinate with various utility agen..