The European Union (EU) and India have concluded a Connectivity Partnership with a goal to collaborate on supporting resilient and sustainable connectivity both in India and in third countries and regions, including Africa, Central Asia, and the Indo-Pacific. The Partnership covers cooperation in the digital, energy, transport, and people-to-people sectors. The special attention goes to supporting the twin digital and green transitions, adherence to and development of international standards, as well as the shared norms and values of social, environmental, economic, and fiscal sustainability and level playing field.
The EU-India Connectivity Partnership is the second such partnership and it aims at pooling resources, norms, and expertise to serve the needs of the next generation of sustainable and quality infrastructure. It includes joint work on standards and the regulatory environment, as well as on concrete infrastructure projects. In addition, the Partnership provides a platform to build on the many already ongoing projects between EU and Indian public and private actors and also proposes new activities in all sectors.
Oilex has received necessary approvals from the Government of India and Gujarat regarding its transaction to acquire a 55% stake in Cambay psc from Gujarat State Petroleum Corporation (GSPC). The...
Read moreThe Central Government of India has approved two phases of the Bangalore metro rail project, which will cover a total distance of 58.19 kilometres. The estimated investment in the metro rail network i...
Read moreAdani Ports and Special Economic Zones (APSEZ) has received regulatory approvals for the acquisition of a stake in Gangavaram Port Limited (GPL). In March 2021, APSEZ had announced a 31.5% stake held...
Read moreAdani Ports and Special Economic Zone Ltd. (APSEZ) has announced the acquisition of the residual 25% stake in Adani Krishnapatnam Port Ltd., (Krishnapatnam Port) for INR 28 billion (US$ 371.67 m...
Read moreTata Power has announced that it has taken over the management and operations of NESCO (North Eastern Electricity Supply Company of Odisha) due to the completion of the sale process. NESCO will operat...
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