Economy

The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi, has given its approval for the investment of Rs.5281.94 crore for 850 MW Ratle Hydro Electric (HE) Project located on river Chenab, in Kishtwar district of Union Territory of Jammu and Kashmir, by a new Joint Venture Company (JVC) to be incorporated between National Hydroelectric Power Corporation (NHPC) and Jammu & Kashmir State Power Development Corporation Ltd (JKSPDC) with equity contribution of 51% and 49% respectively.

The 700-megawatt pressurized heavy water reactor of the Kakrapar Atomic Power Station, located in the western state of Gujarat, is the first of 16 planned units that will help balance the grid against growing intermittent renewable generation, according to K.N. Vyas, India’s atomic energy secretary.

The Ministry of Road Transport & Highways (MoRTH) has created a record by constructing 534 km of National Highways (NHs) in the last week commencing 8 January.

Raksha Mantri Shri Rajnath Singh, unveiled state-of-the-art ‘Driverless Metro Car’ for Mumbai Metropolitan Region Development Authority (MMRDA) at a function held at BEML’s Bangalore Complex on 15 January 2021. Indigenously designed & developed state-of-the-art Driverless Metro trains are being manufactured at BEML Bangaluru Complex.