public-private partnership Current Affairs, GK & News

Private Trains to Start from 2024

Indian Railways has decided to extend the timeline for running the first-ever passenger train in the country by the private operators till 2024. The Railway Board Chairman, Vinod Kumar, has recently stated this. According to the Chairman of the Railway Board, by March 2024, there will be a lot of capacity expansion and enhancement to ..

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Indian Army begins work on GOCO Model

On December 7, 2020, the Indian Army began its work on the GOCO (Government Owned Contractor Operated) Model. The model is extended to base workshops and ordnance depots. The workshops play vital role as they ensure the Indian Army is operationally prepared all the time. Highlights The workshops are assigned the role of overhauling (testing ..

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Delhi Metro to Receive Power from Waste-To-Energy

The Delhi Metro has become the first ever project in India to receive power generated from a Waste-to-Energy (WtE) plant. Delhi Metro Rail Corporation (DMRC) has started receiving 2 MW power from a 12 MW capacity waste-to-energy plant in Ghazipur. Approximately DMRC will procure 17.5 million units per annum from the Ghazipur plant. Waste-To-Energy Plant ..

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MoU Signed for Rudraksh Trees Plantation in Ganga Basin

A tripartite Memorandum of Understanding (MoU) was signed between National Mission for Clean Ganga (NMCG), INTACH (The Indian National Trust for Art and Cultural Heritage) and HCL Foundation for plantation of 10,000 Rudraksh trees in catchment area of river Ganga Basin in Uttarakhand. Key Highlights of MoU About: NMCG has signed a Memorandum of Understanding ..

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Cabinet approves leasing out six airports through PPP

Union Cabinet chaired by the Prime Minister Narendra Modi has approved leasing out six airports of Airports Authority of India (AAI) for operation, management and development under Public Private Partnership (PPP) in the first phase. This will be done through Public Private Partnership Appraisal Committee (PPPAC). Union Cabinet also approved constitution of Empowered Group of ..

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