Indian Infrastructures and Capabilities
India has already made its biggest energy investments in Russia in the past with state-owned firms having spent close to USD 10 billion in acquiring stakes in oilfields such as Sakhalin-1, Taas-Yuryakh and Vankor and Siberia-focused company Imperial Energy.
The vision of the NBM is to fast track growth of digital communications infrastructure, bridge the digital divide, facilitate digital empowerment and inclusion, and provide affordable and universal access of broadband to all citizens.
Panasonic Corp. said Tuesday it will invest around ¥4.6 billion ($42 million) to build a new plant in southern India to produce switchgears and other wiring devices as the emerging economy has experienced a construction boom for condominiums and office buildings.
The $20-billion company already produces electric buses and batteries in India and recently did a soft launch of its electric van. It plans to treble its lithium-ion battery capacity in the country apart from further deepening its presence in the electric mobility space.
After remaining defunct for over two decades, the Islands Development Agency has moved in swiftly to develop the Andaman and Nicobar islands as an optical fibre cable project which is expected to be completed by the middle of 2020.
The Research Designs and Standards Organisation (RDSO) has already approved a revised design which will likely ensure that the new Vande Bharat Express trains will be lighter in weight, and will consume less power, which were a point of contention in the case of the first two train sets operating between Delhi and Varanasi, and between Delhi and Katra.
The National Highway Authority of India (NHAI) is all geared up to make toll collection fully electronic. The government has made it mandatory for all vehicle owners to adopt electronic toll payment using FASTags and not cash payment which will attract penalties from tomorrow.
Delhi Metro Phase 4 is touted as the longest corridor on DMRC’s vast network that criss-crosses the national capital as well as connects Noida, Gurgaon, Ghaziabad and Faridabad.
The Government has set a target of installing 175 GW of renewable energy capacity by the year 2022 which includes 100 GW from solar, 60 GW from wind, 10 GW from Biomass and 5 GW from Small Hydro.
The Centre on Tuesday, in a major move, has kick-started the process to setup six more airports in the new state of Telangana, which so far has just one operational airport in Hyderabad.
