Dfc

Why Adani Group opted out of $553 mn US funding for Colombo port project

The Adani group has said it would finance the Colombo West International Terminal redevelopment project through its internal resources and capital management plan

DFC approves up to $425 mn for Tata Power Renewable Energy project

The US International Development Finance Corporation has approved a financial aid of up to USD 425 million (Rs 3,521 crore) to Tata Power Renewable Energy Ltd for setting up a 4.3 GW solar cell in Tamil Nadu by its subsidiary. The plant's first module production is expected by year-end and the first cell production is expected in the first quarter of the financial year 2024-25 (FY25), Tata Power Renewable Energy Ltd (TPREL) said in a statement on Monday. "The US International Development Finance Corporation board of directors approved USD 425 million of financing in TP Solar Ltd, a subsidiary of TPREL, for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant at Tirunelveli," the statement said. "We appreciate the DFC's assistance for our solar cell and module production facility in Tamil Nadu. It shows the trust and belief DFC has in Tata Power's ability to set up a state-of-the-art manufacturing supply line in the country. "This will go a long way in supporting

Railways aims to boost MSME markets through DFC infrastructure project

Indian Railways has undertaken a mega-infrastructure project namely the Dedicated Freight Corridor (DFC), comprising Western Dedicated Freight Corridor (WDFC- from Dadri to Jawaharlal Nehru Port Trust 1506 Km) and Eastern Dedicated Freight Corridor(EDFC- from Ludhiana to Sonnagar-1337 Km) covering 2843 route Km in totality.This information was given by the Minister of Railways, Communications and Electronic & Information Technology, Shri Ashwini Vaishnaw in a written reply to a question in Lok Sabha.A total route length of 1610 Km (799 Km of EDFC and 811 Km of WDFC) has been completed out of total 2843 Km till October, 2022.In this regard, a pilot project for 'JPP' has been launched on 31.03.2022, by attaching a Parcel Van in Tapti Ganga Express (19045/46) between Surat and Varanasi.Joint Parcel Product (JPP) has been launched by Indian Railways in collaboration with India Post which aims to target business-to-customer (B2C) and business-to-business (B2B) markets focusing on ...

1,000 underpasses, over bridges: Rail Ministry's plan to prevent mishaps

The DFC has identified 46 crossings where the rail flyovers are to be constructed to prevent rail crossing accidents

Project reports for new freight corridors to be ready by Dec: R K Jain

In a Q&A, Dedicated Freight Corridor Corporation of India MD R. K. Jain speaks about the timeline of the projects and the larger plan to build a countrywide freight corridor network

Gati Shakti may enable faster implementation of dedicated freight corridors

Detailed project reports of East-West and North-South freight corridors being reworked

Arya.ag's valuation crosses $300 million after Series C round

Matteo Pusineri, director of Asia Impact SA said through the pandemic, the investment firm has seen Arya transform agri-commerce across India

Milk Mantra plans expansion, in talks to acquire dairy plant in Kolkata

At present, the company has two dairy plants at Puri and Sambalpur in Odisha with a processing capacity of 300,000 litres per day

Eviction order against DFC not to be enforced for 4 weeks: Delhi HC

A bench of Chief Justice G Rohini and Justice Sangita Dhingra Sehgal said the period of four weeks would start from Tuesday