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Andhra Pradesh | Projects worth Rs 152.33 bn inaugurated
ECONOMY & POLICY

Andhra Pradesh | Projects worth Rs 152.33 bn inaugurated

Prime Minister Narendra Modi has inaugurated Rs 29.17 billion U-field onshore deep-water block project of the Oil and Natural Gas Corporation (ONGC) in Andhra Pradesh. It is the deepest gas discovery, with a production potential of about 3 million me...

Prime Minister Narendra Modi has inaugurated Rs 29.17 billion U-field onshore deep-water block project of the Oil and Natural Gas Corporation (ONGC) in Andhra Pradesh. It is the deepest gas discovery, with a production potential of about 3 million metric standard cubic metres per day. The Prime Minister in all launched nine projects worth Rs 152.33 billion in virtual mode. These include inaugurating a 39-km section of NH-326A built at a cost of Rs 2.11 billion as part of the Srikakulam-Gajapati Corridor, as well as the AP section of the six-lane 100-km access-controlled greenfield Raipur-Visakhapatnam Economic Corridor of NH-130CD built at a cost of Rs 37.78 billion.

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Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

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Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association’s industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States� share of global activity below 15 per cent. Meanwhile, in..

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