ECONOMY
PM Opens Chennai Metro Extension, Dedicates Projects Worth ₹13,000 Cr
Prime Minister Narendra Modi on Sunday inaugurated, dedicated to the nation and laid the foundation stone for development projects worth more than ₹13,000 crore in Tamil Nadu, with a focus on urban mobility, road and rail connectivity, industrial expansion and employment generation. The projects are expected to improve connectivity, reduce travel time in Chennai and […]
CW Bureau
·
Oct 11, 2026
INFRASTRUCTURE
Adani Power Lays Foundation For ₹48,000-Cr 3,200-MW Assam Plant
Assam Chief Minister Himanta Biswa Sarma laid the foundation stone for Adani Power Ltd’s 3,200 MW Ultra-Supercritical Thermal Power Plant (USTPP) at Chapar in lower Assam’s Dhubri district. The project involves an investment of around ₹48,000 crore and is expected to generate up to 20,000 jobs during construction and around 5,000 jobs once operational. Commissioning […]
CW Bureau
·
Sep 21, 2026
BANKING & FINANCE
Adani Airports Raises $1 Bn From Global Investors At $18 Bn Valuation
Adani Airport Holdings Ltd (AAHL), a subsidiary of Adani Enterprises Ltd, has entered into binding agreements to raise ₹9,825 crore ($1 billion) in primary equity capital from a consortium comprising Alpha Wave Global, Premji Invest, Temasek and funds managed by BlackRock. The transaction values AAHL at a pre-money equity valuation of $18 billion. It is […]
CW Bureau
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Sep 9, 2026
BANKING & FINANCE
InvIT Sector Starts FY27 Strongly As Investor Base Rises 17% To 6.53 Lakh
India’s Infrastructure Investment Trust (InvIT) sector has started FY27 on a strong note, with a sharp increase in investor participation and higher distributions highlighting growing confidence in the infrastructure-focused investment vehicle. According to the Bharat InvITs Association (BIA), the sector’s unitholder base increased to 6.53 lakh in the quarter ended June 2026, up 17% from […]
CW Bureau
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Aug 24, 2026
INFRASTRUCTURE
Cabinet Committee On Economic Affairs Clears ₹9,450 Cr Rail Projects
The Cabinet Committee on Economic Affairs has approved four multi-tracking projects of the Ministry of Railways with a total investment of ₹9,450 crore, covering 410 km across West Bengal, Odisha, Tamil Nadu and Andhra Pradesh. The projects include the Kharagpur-Bhadrak (Ranital) fourth line, Bhadrak-Haridaspur fourth line, Gummidipundi-Gudur third and fourth lines, and Cuttack-Paradeep (Badabandha) third […]
CW Bureau
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Aug 20, 2026
INFRASTRUCTURE
How The ₹30,000-Cr NIIF Boost Could Unlock India’s Next Infra Cycle
The Union Cabinet’s decision to double the Centre’s commitment to the National Investment and Infrastructure Fund (NIIF) to ₹60,000 crore is expected to have implications far beyond the government’s direct investment, positioning the sovereign-backed fund to catalyse significantly larger private capital flows into India’s infrastructure and strategic sectors. While the Cabinet approval has already been […]
CW Bureau
·
Jun 30, 2026
INFRASTRUCTURE
GAIL Approves ₹3,800 Cr Solar Push Across Uttar Pradesh, Maharashtra
State-owned GAIL (India) Ltd, engaged in transmission, production and distribution of natural gas, has approved the development of 700 MW of solar power projects with an investment of ₹3,800 crore across Uttar Pradesh and Maharashtra. Large-scale solar project to power petrochemical operations As part of this initiative, GAIL will develop a 600 MW solar power […]
Sajan C Kumar
·
Apr 15, 2026
INFRASTRUCTURE
Indian Railways Approves ₹1,364 Cr For Kavach And Signalling Upgrade
Indian Railways has approved projects worth ₹1,364.45 crore aimed at strengthening safety, signalling and communication infrastructure across its network. The sanctioned works include deployment of Kavach on locomotives, expansion of optical fibre cable (OFC) networks, and migration from panel interlocking to advanced electronic interlocking systems across multiple zones. Kavach rollout accelerates in Southern Railway A […]
CW Bureau
·
Apr 6, 2026
