INDIA INVESTMENT NEWS – Page 1114 – Feedback


Power generation growth has risen to 9.5 per cent this year so far, as against 5.65 per cent during the ten-year period from 2004 to 2014, Power Minister Piyush Goyal said today. The power generation growth was recorded at 5.65 per cent between 2004 to 2014, 5.02 per cent in 2012-14, 7.03 per cent in […]

Indian Oil Corporation (IOC) will invest Rs 40,000 crore to expand its refining capacity to over 100 million tonnes by 2022 as the nation’s largest oil firm takes the lead to add capacity to meet India’s rising energy needs. “As we see, (fuel) demand is expected to grow at 3.5-4 per cent CAGR and we […]

Reliance Industries has received green nod for drilling 8 additional exploratory wells to ascertain the reservoir capacity and commercial viability of hydrocarbons off the coast of Tamil Nadu at a project cost of Rs 800 crore. The company has been awarded exploratory rights for hydrocarbons prospecting in the offshore block DY-III-D5 under the New Exploration […]

In order to fulfill its commitment to build top class rail network in the state of Jammu and Kashmir, Indian Railways has recently rolled out a Jammu-Punch Mega Rail Project, involving an investment worth Rs. 7,827cr, adding that the proposal for the construction of the rail line via Akhnoor and Rajouri has already been submitted […]

Ministry of Railways will take up 21 port-rail connectivity projects, at an estimated cost of Rs 20,000 crore, under the government’s Sagarmala project to strengthen evacuation network and boost last-mile connectivity to the country’s ports. In addition, another six projects are being considered by the Indian Port Rail Corporation Ltd (IPRCL). “The Ministry of Railways […]