Construction Infrastructure
CIL notes a 28% decline in coal allocation held via e-auction in April
India’s largest coal producer, Coal India Limited (CIL) saw a 27.9% drop in its coal allocation to the power sector thanks to the electronic auction term in April.
The public sector company’s allocation under this scheme has increased from 27.12 million tonnes the previous year to 39.33 million tonnes currently.
Charcoal distribution targets long-term consumers who need charcoal for about a year and gives them access to bid through electronic auctions.
The system provides all consumers with an equal opportunity to purchase charcoal at a price set by them through online tendering through one-stop-shop services.
Coal India Limited is currently one of the country’s main coal suppliers. CIL, which produces 80% of the national coal production, has set a fuel production target of 1 billion tonnes by the fiscal year 2024.
News Source: ConstructionWorld
Construction Infrastructure
The Adani Enterprises unit has received a letter of approval for an NH project in Maharashtra
Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises, has received LoA for a project involving six laning of Kagal-Satara section of NH-48 (old NH4) in Maharashtra. The project will be executed under the Bharatmala Pariyojana at ₹2,008.47 crores. The construction period for the 67-km long road project is expected to be 2 years from the date of appointment and the concession period will be 18 years.
With this project award, Adani’s road portfolio will have total 14 projects with more than 5,000 lane km with asset value exceeding ₹41,000 crore spread across India.
Vijay Deverakonda and Mrunal Thakur’s Family Star opens with a first-day box office collection of more than ₹5 crore in India.
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%20(1).jpg "Fighter OTT: The third-most-watched non-English movie on Netflix worldwide stars Deepika Padukone and Hrithik Roshan.")
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%20(1).jpg "Aditi Rao Hydari makes it clear that she is not married to Siddharth; instead, the couple displays rings.")
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%20(1).jpg "Anushka Sharma, who hasn’t posted on Instagram since Akaay’s birth, is at last back, and she seems happy.")
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%20(1).jpg "Family Star teaser: Mrunal Thakur and Vijay Deverakonda struggle with miscommunication and love")
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%20(1).jpg "A glimpse of Varun Tej and Lavanya Tripathi’s romantic walk at twilight is shared. View photos")
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%20(1).jpg "According to Kangana Ranaut, she and Shah Rukh Khan represent the final generation of stars. “Stars nahin ban rahe hain OTT pe”")
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Vijay Deverakonda and Mrunal Thakur’s Family Star opens with a first-day box office collection of more than ₹5 crore in India.
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