Highway developers hail FII funding
ROADS & HIGHWAYS

Highway developers hail FII funding

Highway developers cheered the Union Budget's step to allow foreign funds to invest in bonds of unlisted special purpose vehicles of infrastructure companies. In the budget, FIIs are allowed to invest in unlisted bonds of SPVs with a minimum lock-in period of three years, during which they can trade the bonds among themselves.

Highway developers cheered the Union Budget's step to allow foreign funds to invest in bonds of unlisted special purpose vehicles of infrastructure companies. In the budget, FIIs are allowed to invest in unlisted bonds of SPVs with a minimum lock-in period of three years, during which they can trade the bonds among themselves.

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Infrastructure Energy

Godrej Enterprises Group wins Order for Cutting-Edge Geothermal Condenser

The Process Equipment business of Godrej Enterprises Group, has bagged an order for an Advanced Direct Contact Condenser (ADCC) based on its in-house Ecolaire® technology for a geothermal power project in the Asia-Pacific region. This project underscores India's growing role as a global key equipment supplier to the renewable energy sector. The equipment will be manufactured and dispatched from their world-class manufacturing facility in Dahej, Gujarat.The Advanced Direct Contact Condenser is used to condense steam from the turbine exhaust by mixing it with cooling water. Unlike surface conde..

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Infrastructure Energy

Central Electronics Seeks Partners to Operate 40 MW Solar Module Plant

Central Electronics Limited (CEL), a public sector enterprise under the Department of Scientific & Industrial Research, has issued an Expression of Interest (EoI) for operating its 40 MW automated solar module manufacturing plant in Sahibabad, Uttar Pradesh. The bid submission deadline is 3rd March 2025, with bid openings scheduled for the same day. The contract is for two years, extendable by one year, and covers manufacturing, operations, maintenance, marketing, and sales of solar modules.The Sahibabad facility will operate three shifts and has a storage capacity of 12 MW of solar module..

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Infrastructure Transport

Tripura Prioritises Kamalpur-Santirbazar Road for Highway Upgrade

The Tripura government has identified the Kamalpur-Santirbazar road as a top priority for national highway development, emphasising its strategic importance for connectivity and economic growth. The 148-km stretch is a vital link between northern and southern Tripura, playing a key role in trade, agriculture, and daily transport. Upgrading this road to a national highway is expected to enhance mobility, improve transport infrastructure, and stimulate regional economic activity.The Kamalpur-Santirbazar corridor has long been a crucial route for passengers and goods transport, facilitating movem..

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