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Financing Milestone Paves Way for Next Phase in Gold Project Development

Source: Streetwise Reports 11/12/2024

NexGold Mining Corp. (NEXG.V:TSXV; NXGCF:OTCQX; TRC1.F:FRA)and Signal Gold Inc. have successfully closed their previously announced oversubscribed and upsized concurrent financing. Read more as NexGolds acquisition of Signal Gold sets the stage for near-term production with combined resources and capital driving project development.

NexGold Mining Corp. (NEXG.V:TSXV; NXGCF:OTCQX; TRC1.F:FRA) and Signal Gold Inc. have successfully closed their previously announced oversubscribed and upsized concurrent financing, generating a total of US$18.5 million. Initially disclosed in joint announcements from both companies on October 10 and October 23, 2024, this financing is part of a larger plan in which NexGold will acquire all shares of Signal Gold to combine both companies' gold projects to create a near-term gold developer.

The financing involved two components. The first was a flow-through (FT) unit private placement by NexGold, which raised CA$8.085 million through the sale of 10,106,250 FT units at CA$0.80 per unit. Each unit includes one flow-through common share and half of one purchase warrant, allowing the holder to buy an additional non-flow-through share at CA$1.05 for the next two years. In the second component, Signal Gold's private placement of subscription receipts yielded CA$10.45 million by issuing 120,075,840 receipts at CA$0.08705 each. These receipts will convert into Signal units once specific escrow release conditions are met, including completion of the acquisition. Each unit consists of one common share and half a purchase warrant, allowing the holder to acquire additional shares for CA$0.11818 over two years.

The net funds from this financing will be used to retire debt, fund the exploration and development of both companies' gold projects - including NexGold's Goliath gold complex in Ontario and Signal's Goldboro project in Nova Scotia - and for general corporate purposes. The gross proceeds from FT units will go toward qualified exploration expenses for NexGold's projects, with renunciation planned by December 31, 2024, as per Canadian tax requirements.

Investor interest included an acquisition by a Sprott Asset Management sub-advised fund, which purchased 2.5 million FT units for CA$2 million, bringing Sprott's holdings to 11.43% of NexGold's issued shares (14.95% on a partially diluted basis). NexGold also extended an investor awareness agreement with i2i Marketing Group, providing up to six months of marketing services for CA$250,000 to increase investor visibility.

Gold Rush

Gold's surge to the US$2,800 mark due to a "perfect storm" of factors, according to an October 29 report from Kitco. Gary Wagner explained that this historic rise, approximately 35% this year, was driven by geopolitical tensions, anticipated Federal Reserve rate cuts, consistent central bank demand, and U.S. political uncertainty in the run-up to the presidential election.

Chen Lin offered a positive outlook on NexGold, noting heightened investor interest following recent updates, including expanded financing and merger plans.

Wagner noted that "geopolitical, political conflicts" and "uncertainties about the outcome of the upcoming presidential election" were critical components, with emerging market central banks increasing their gold reserves to reduce reliance on the U.S. dollar.

On October 30, LiveMint highlighted gold's global appeal. The article mentioned how central banks continue to expand their gold reserves, with net buying reaching 337 tonnes in Q3 2023.

This marks a near-record level, according to the World Gold Council. Escalating geopolitical tensions, especially in the Middle East, have also led investors to seek gold as a safe haven, pushing prices upward. In addition, strong economic data in the U.S., such as job growth and consumer spending, has affected expectations around Federal Reserve policies. These, in turn, have indirectly influenced gold.

By November 4, Egon von Greyerz, in his analysis of the global financial system, emphasized gold as a reliable store of value. He argued that "gold has always stood as a protector" during economic downturns, describing the asset as "the best-performing asset class in this century." Von Greyerz asserted that gold's continued strength could be attributed to its resistance to the "destruction of fiat money," making it an essential wealth-preserving asset in an increasingly unstable financial environment.

The Catalysts Pushing NexGold Forward

NexGold's acquisition of Signal Gold is expected to accelerate its growth as a mid-tier gold producer. According to NexGold's September 2024 investor presentation, this financing supports the ongoing development of the Goliath Gold Complex in Northern Ontario, which holds a combined measured and indicated gold resource of over 2.1 million ounces. Additionally, Signal's Goldboro project in Nova Scotia adds strategic value with historical production potential and significant exploration upside.

The Goliath project benefits from robust infrastructure, an approved environmental assessment, and a promising pre-feasibility study indicating a post-tax NPV of CA$336 million at US$1,750/oz gold. With this acquisition, the combined entity is expected to leverage its enhanced capital position to pursue further exploration and optimization, aiming for near-term production and establishing a solid platform for growth and consolidation in the Canadian gold sector.

What Are Experts Saying?

Ron Stewart, a mining analyst at Red Cloud Securities, maintained a Speculative Buy rating on NexGold with a target currently Under Review in his September analysis. Stewart stated that the merger with Signal Gold offered NexGold an accretive pathway to growth by adding the Goldboro project's resources to its portfolio. He noted that the combined assets of NexGold and Signal would form a "multi-asset company with over 6 million ounces in gold resources," which he described as synergistic and favorable for shareholders. Stewart anticipated the merger would close in Q4 2024, with upcoming catalysts including the Goliath Feasibility Study in Q1 2025 and a potential construction decision for Goliath in H2 2025. [OWNERSHIP_CHART-1961]

In the October 24 edition of What is Chen Buying? What is Chen Selling? Chen Lin offered a positive outlook on NexGold, noting heightened investor interest following recent updates, including expanded financing and merger plans. Lin's analysis aligned with Stewart's views on the company's growth potential, highlighting that, with the combined projects and new funding, NexGold is well-positioned for substantial operational growth and asset value expansion in the years ahead.

Ownership and Share Structure

The company notes management and insiders own 3.4% of NexGold.

Institutions own 17%.

Strategic investors own 37.4%. Frank Guistra owns 10.1%. On a partially diluted basis, Sprott owns 14.95%. Extract owns 14%. First Mining owns 4.3%. Matrix owns 1.9%, and Teck own 1.9%.

NexGold has 76 million shares and a market cap of CA$57.16 million.

Sign up for our FREE newsletter at: www.streetwisereports.com/get-news

Important Disclosures:

  1. NexGold Mining Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000.
  2. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of NexGold Mining Inc.
  3. James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
  4. This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.

For additional disclosures, please click here.

( Companies Mentioned: NEXG.V:TSXV; NXGCF:OTCQX; TRC1.F:FRA, )




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Melbourne’s Metro Rail Project to transform its public transport system

The Victorian Government has announced it will begin work on one of Australia’s largest infrastructure projects, the Melbourne Metro Rail Project. The new Melbourne Metro Rail line includes a nine-kilometre twin rail tunnel from Melbourne's south, under the CBD, through to the university and health precinct in the city's north. It will include five new and expanded underground stations.




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Ameresco Launches Efficiency Project with National Research Council of Canada

Ameresco Inc. announced that it has partnered with the National Research Council of Canada (NRC) on a new energy savings project. The $3.9 million (CAD) comprehensive energy efficiency and facility renewal project at NRC research facilities is expected to save over $330,000 annually in utility costs.




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OSCE Project Co-ordinator lights up central Tashkent with 20 solar-powered street lamps

TASHKENT, 29 July 2016 - A central area of Tashkent is to be lit by 20 autonomous street light systems fully powered by solar energy as part of a pilot project officially launched today by the OSCE Project Co-ordinator in Uzbekistan.

The Co-ordinator is supporting the host country in the area of green economy policies, including the analysis of costs and benefits in using environmentally-friendly and sustainable systems in street lighting and urban planning.

Senior Project Officer at the OSCE Project Co-ordinator Hans-Ullrich Ihm said that urban street lighting powered by solar energy is one of many possibilities that contribute to preserving our environment by reducing the consumption of fossil fuel and emissions. He added that the Project Co-ordinator strives to support the government in implementing policies advocating for such technologies.

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OSCE Project Co-ordinator in Ukraine supports gender mainstreaming in judicial reform

Equal access to justice for women and men was the focus of an OSCE-supported forum on 9 June 2016 in Kyiv, which brought together over 80 representatives of the national justice system, legislative and executive authorities, the Ombudsman Office, regional and international organizations and NGOs.

The OSCE Project Co-ordinator in Ukraine organized the forum jointly with USAID’s Fair Justice project and the National Judicial Institute of Canada.

The participants discussed common barriers to access of women and men to justice, such as discriminatory laws, social and cultural patterns, gender bias in the justice system and lack of financial and other resources, and outlined the measures needed to gather gender- disaggregated statistical data in the judiciary. They also exchanged experiences and presented good practices for promoting equal access of women and men to justice and enhancing networking and partnerships among judiciary and civil society, and developed recommendations for improving gender mainstreaming in judicial reform.

During the forum, the OSCE Project Co-ordinator presented its new publication ‘Gender in Justice’, which provides recommendations for judges and lawyers on the implementation of gender equality in their work. The publication is based on the findings of a survey conducted among 400 judges and lawyers designed to uncover existing behavioural prejudices in their professional environment.

The event was organized as part of the OSCE Project Co-ordinator’s project on  safeguarding human rights through courts, implemented with financial support from the Government of Canada. 

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OSCE Project Co-ordinator in Ukraine supports dialogue on protection of property in time of conflict

The OSCE Project Co-ordinator in Ukraine and the Supreme Court of Ukraine organized on 10 June 2016 in Kyiv a joint roundtable discussion on protection of property in times of conflict, bringing together over 60 representatives of Ukrainian legislative and executive powers, leading judicial and law schools, as well as judges and international and local experts.

The participants discussed the guarantees of exercising the right to property and the mechanisms of its protection under special circumstances, such as armed conflict, occupation, annexation of territories and anti-terrorist operations. They identified mechanisms of protection, which would be efficient in terms of practical implementation and useful for judicial practice, and produced recommendations to keep up with international standards in this field.

The participants shared visions about international standards and the European Court of Human Rights (ECtHR) case law regarding the protection of the right to peaceful enjoyment of possessions, and reviewed the experience of other states which faced similar circumstances, such as Bosnia and Herzegovina, Croatia, Georgia and Moldova. They also discussed problems of the judicial settlement of disputes related to the protection of property rights of individuals and legal entities in the conflict zone.

The event is part of the OSCE Project Co-ordinator’s project on safeguarding human rights through courts, which is implemented with financial support from the Government of Canada. The project also addresses the problem of property rights protection through development and piloting specialized courses for judges on the application of the ECtHR case law in the context of Article 1 of Protocol 1 to the European Convention on Human Rights.

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OSCE Project Co-ordinator supports creation of a pool of trainers on anti-corruption for Ukraine’s judges

Thirty experts were trained to deliver specialized training courses for judges on how to review corruption–related disputes and prevent corruption in the judiciary during a two-day session, organized by the OSCE Project Co-ordinator in Ukraine and the National School of Judges on 5-6 July 2016 outside Kyiv.

The trainees, judges-lecturers of five regional branches of the School, enhanced their knowledge of anti-corruption legislation, including national regulations and relevant international conventions, major aspects of judges’ ethics, including the identification and prevention of real and potential conflicts of interest, and judicial review of corruption-related disputes. The purpose of the session was to create a pool of experts able to deliver training courses for their peers at the National School of Judges on a regular basis.

According to the Judicial Education Concept adopted by the School, the training methodology was based on interactive techniques and included discussions, case studies, mini-lectures, various exercises and role plays, and screenings of short simulation videos on the topic.

To ensure the sustainability of OSCE efforts, the training course on anti-corruption will be submitted for institutionalization at the National School of Judges by the end of the year. This course will form part of the School’s mandatory curriculum for every judge appointed to the post.

The training session was part of a project by the OSCE Project Co-ordinator in Ukraine to enhance the quality of judicial education and training.

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OSCE Project Co-ordinator to assist Ukraine in strengthening democratic control of defence and security sectors

KYIV, 15 July 2016 – The OSCE Project Co-ordinator in Ukraine today opened a new sphere of project assistance to Ukraine – improving democratic control of defence and security sectors – with a presentation of international experience and best practices at a conference in Kyiv.

The event, co-organized with the Parliament and the Ministry of Defence, brought together more than 120 parliamentarians, military and civilian representatives of various ministries, experts, and civil society activists to learn about the basic principles in this area, as well as practical examples from other countries.

During the conference, the OSCE Code of Conduct on Politico-Military Aspects of Security and the OSCE Security Sector Governance and Reform Guidelines were presented. Ukrainian translations of these documents can be found at www.osce.org/fsc/41355  and www.osce.org/uk/secretariat/253156, respectively.

The participants discussed in detail the national models of parliamentary and civic control over the defence sectors of Austria, Bulgaria, Denmark, Germany, and Norway.

“The ability of Parliament, and of society at large, to exercise control over its security services is a true litmus test for democracy and rule of law,” said Jeffrey Erlich, Senior Project Officer at the OSCE Project Co-ordinator’s Office. “Such oversight contributes to a much more effective security sector by rooting out corruption, and by strengthening the bond between society and the armed forces.”

Igor Dolgov, Deputy Minister of Defence, said: “For me there is no question of whether it is possible to simultaneously deal with current crisis and implement reforms in defense sectors, including strengthening mechanisms of democratic control over armed forces. It is needed and it is already happening.”

Until the end of the year, the OSCE Project Co-ordinator will provide expertise in developing a concept paper and implementation plan for democratic oversight; assist in promoting dialogue between the military, parliamentarians, experts and civic activists; and contribute to raising awareness among the public by publishing relevant online resources.  Further assistance efforts will continue after 2016.

In partnering with the Geneva Centre for the Democratic Control of the Armed Forces (DCAF), the project will also draw on their expertise.

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OSCE Project Co-ordinator in Ukraine trains social entrepreneurs on social media marketing

Ways to increase the sustainability of social businesses by using social media marketing tools were discussed at a training session organized in Kyiv on 26 July 2016 by the OSCE Project Co-ordinator in Ukraine.

The event gathered representatives of three social businesses that were established with the support of the OSCE Project Co-ordinator in Ukraine so that they can provide job skills for people vulnerable to human trafficking. The social businesses also simultaneously serve as revenue sources for local NGOs working on anti-trafficking.

The training course focused on widespread social networks and ways of using them for increasing social enterprises’ profit, including the best use of social media to attract customers and gain their positive feedback. The participants had a chance to practice their digital skills and communication abilities during the hands-on exercises aimed at producing high-quality content for social networks.

Natalia Myakushko, Head of the Rukomysli Social Enterprise in Lviv, thanked the OSCE Project Co-ordinator for its continuous support. “The innovative idea of social business requires innovative tools for its development and this training helps us to use modern communication channels in an efficient way for the benefit of people vulnerable to human trafficking,” she said.

This is the first of three training sessions which will help social entrepreneurs develop a strategy for interacting with new media.

The training sessions are part of a project on preventing human trafficking in Ukraine through the economic empowerment of vulnerable persons, which is being implemented by the OSCE Project Co-ordinator in co-operation with the Ukrainian Ministry of Social Policy, and with the support from the Canadian Government and Norwegian Ministry of Foreign Affairs.

The project aims at the establishment of and support to social businesses that work to prevent human trafficking by providing beneficiaries with sufficient and sustainable income at home, giving them genuine and viable livelihood options, and therefore decreasing the likelihood of persons taking up deceptive job offers where they may be exploited.  

So far, 52 people at risk of human trafficking, including 14 internally displaced people, two victims of domestic violence and one ex-combatant, as well as six people who were formerly subjected to human trafficking have already benefited from the job skills’ courses within these social businesses.

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OSCE Project Co-ordinator in Baku awards journalists for best articles about domestic violence

BAKU, 29 December 2014 – The OSCE Project Co-ordinator in Baku announced today the results of a contest aiming to raise awareness of the issue of domestic violence in Azerbaijan. Prizes were awarded to the best media reports on the issue written in 2014.

The evaluation committee, comprising representatives from the OSCE Project Co-ordinator in Baku and the State Committee for Women, Family and Children Affairs, reviewed some 20 articles submitted by journalists from various print and online media outlets in Azerbaijan and selected three winners:

-          Jeyhun Musaoghlu, from Aznews.az, won first place. In his article, Musaoghlu looked into the role of media in raising awareness about domestic violence and the protection of victims, as well as the importance of ensuring gender equality to reduce domestic violence;

-          Aynur Elgunesh, from Var.az, won second place. She investigated current challenges in implementing the law on the prevention of domestic violence and highlighted the importance of co-operation between government agencies and civil society organizations in the operation of shelters for victims of domestic violence;

-          The third place winner is Fuad Huseynzade, from Interfax-Azerbaijan. He investigated the main reasons that lead to domestic violence and analysed socio-economic and psychological aspects of this phenomenon in Azerbaijan. 

The winners of the competition received monetary rewards as follows: first place: – 1500 AZN (approx. 1430 Euros), second place – 1200 AZN (approx. 1150 Euros) and third place – 1000 AZN (approx. 955 Euros). They will also receive certificates from Ambassador Alexis Chahtahtinsky, OSCE Project Co-ordinator in Baku.

This contest was part of a project supporting the implementation of the law on the prevention of domestic violence in Azerbaijan.

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OSCE Project Co-ordinator calls for joint efforts in supporting voices of moderation, promoting dialogue and restoring trust

“Inter-cultural dialogue should not only lead to a deeper understanding of the other, but also include conflict prevention and de-escalation, combating prejudices and stereotypes in the public and political discourse,” Ambassador Alexis Chahtahtinsky, OSCE Project Co-ordinator in Baku, said in his remarks at the Third World Forum on Intercultural Dialogues that took place in Baku on 18-19 May 2015.

Ambassador Chahtahtinsky spoke at the plenary session titled Sharing Culture for Sharing Security which was devoted to the responsibility of international institutions and governments in building trust and understanding between cultures and civilizations and shaping common global agenda.

The rise of anti-Semitism, Christianophobia, often associated with violent extremism and radicalization leading to terrorism, as well as the rise of xenophobia, islamophobia and of the far right have a destructive potential for many societies in the OSCE area, Ambassador Chahtahtinsky said.

The Project Co-ordinator believes that international organizations need to join efforts in supporting voices of moderation, promoting dialogue and restoring trust. “One of the ways of doing is through participation in fora like this one, and I want to commend the Government of Azerbaijan for taking this initiative,” he said.

In conclusion, Ambassador Chahtahtinsky stated that the OSCE, with its comprehensive approach to security and co-operation, is uniquely equipped to address these challenges, and can provide a platform for participating states to learn from each other’s experience.

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OSCE Project Co-ordinator in Baku discontinues its operations in Azerbaijan

VIENNA, 4 July 2015 – The OSCE Project Co-ordinator in Baku’s operations in Azerbaijan were discontinued today. The OSCE remains open to other forms of co-operation with Azerbaijan.

The discontinuation follows the termination by Azerbaijan of the Memorandum of Understanding on the Project Co-ordinator in Baku between the government of Azerbaijan and the OSCE at the beginning of last month, resulting in a month-long process which ended today.

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OSCE Chairperson-in-Office Steinmeier meets participants of High Commissioner on National Minorities’ Multiparty Dialogue Project in Georgia

THE HAGUE / TBILISI, 1 July 2016 – OSCE Chairperson-in-Office and German Foreign Minister Frank-Walter Steinmeier today awarded a certificate of participation to eight interns from Georgia’s national minority communities in Tbilisi. The certificate recognizes the immersive and proactive involvement of the young professionals in their mid-twenties in the day-to-day life of Georgia’s political parties during an intensive one-month internship programme in May-June 2016.

This programme is part of a two-year project, jointly implemented by the OSCE High Commissioner on National Minorities (HCNM) and the Netherlands Institute for Multiparty Democracy, which aims to encourage the participation of minority communities in mainstream politics and to promote multiparty dialogue.

“All diverse societies face the immense challenge of involving ethnic communities fully in the political arena. Engaging young people from national minority communities in the day-to-day work of political parties gives them a deeper insight into political life. The inclusion of minority communities in political life and their fair and equal representation in the public sector is a key ingredient for the successful integration of diverse societies,” said Steinmeier.

Now in its final phase, the Multiparty Dialogue – Strengthening the Participation of National Minorities in Political Life project has been in operation since its launch in September 2014 to encourage and support the involvement of national minorities in politics as a conflict prevention measure to make Georgia a more cohesive, integrated and resilient State. At the same time it has also helped to strengthen the Georgian political system in its efforts to reach out to, and engage with, national minorities.  

This pioneering project − the first of its kind in Georgia – provided young people from regions of Georgia with significant ethnic Armenian and ethnic Azeri populations with a unique opportunity to have first-hand experience of the work involved in running a political party. Furthermore, in addition to giving parliamentary and non-parliamentary parties the chance to work closely with young people from national minority communities, it also provided them with the necessary tools and insights to develop their own Action Plans on Minority Participation. These plans are now being finalized in time for preparations for the parliamentary elections in October 2016. Television also played an innovative role in this project, culminating in the production of five topical talk shows related to essential issues that affect national minorities such as integration and political participation. In addition, four policy papers will be published in August 2016.

Following on from her visit earlier this year to Tbilisi, High Commissioner on National Minorities Astrid Thors said: “The project activities in Georgia are an inspiring example of the effective promotion of the HCNM Lund Recommendations on the Effective Participation of National Minorities in Public Life. In this regard, I hope our project has helped to encourage these interns to actively participate in political life and also encourage others of their generation to do so.” 

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Quick Commerce captures nearly half of Kirana sales; market projected to hit $40 billion by 2030

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Amazon Shuts Down Secret Project To Develop Fertility Tracker

Amazon has discontinued its secretive "Encore" project to develop an at-home fertility tracker, resulting in layoffs for around 100 employees. The project, part of Amazon's Grand Challenge division, aimed to launch a device and app that would predict fertility through saliva testing but was ultimately terminated to control costs. CNBC reports: The project was born out of the company's 2020 acquisition of Wisconsin-based startup bluDiagnostics, the sources said. BluDiagnostics was founded in 2015 by Weibel, Katie Brenner and Jodi Schroll, all of whom joined Grand Challenge. The startup had developed a thermometer-like device, called FertilityFinder, to help women track their fertility from home by testing their saliva and measuring two key hormones, estradiol and progesterone. The results of the test were viewable through a corresponding app. Business Insider reported on aspects of the fertility device in 2022, when its codename was Project Tiberius. The team was working to develop its own saliva collection device and mobile app, which could predict when a user might be in the fertile window. Users could also log their period symptoms, sexual activity and other data to assist with tracking their fertility. There are similar offerings on the market from companies including Inne, Oova, Ava and Mira, along with fertility and ovulation tracking apps such as Flo, Clue and Max Levchin's Glow. Amazon initially aimed to release the product this year, but the timing was pushed out after the team encountered technical issues with the device, one of the people said. It was a costly endeavor and required significant upfront investments for lab research and development, in addition to the high salaries for scientists and engineers, the sources said, adding that the team's weekly overhead was roughly $1.5 million. Amazon didn't comment on the figure. Only one project now remains active within Grand Challenge. Its focus is on health tech, the people said. "We regularly review our businesses to ensure we focus on areas where we can make the biggest difference for customers," said Amazon spokesperson Margaret Callahan. "Following a recent review, we've decided to discontinue this project within Grand Challenge, and we're working directly with employees whose roles are impacted to support them through the transition and help them find other opportunities within Amazon."

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Paritosh Kumar Praveen vs Engineering Projects (India) Ltd. on 13 November, 2024

:

The Appellant filed an (offline) RTI application dated 19.06.2023 seeking the following information:

Page 1 of 5

"1. COPY OF THE SUSPENSION ORDER DATED 03.04.2017 PASSED BY COMPETENT AUTHORITY OF EPIL, NEW DELHI AGAINST SH. PARITOSH KUMAR PRAVEEN (EMP. CODE- 1986).

2. WHETHER ANY REVIEW (EXTENSION/REVOCATION) OF THE ABOVE MENTIONED SUSPENSION ORDER DATED 03.04.2017 HAS OCCURRED? IF YES, THEN PLEASE PROVIDE COPY OF ALL THE REPORTS PASSED BY THE REVIEW COMMITTEE SUBSEQUENT TO THE SUSPENSION ORDER DATED 03.04.2017 TILL DATE.

AND ALSO PROVIDE THE COPY OF ALL THE ORDERS OF THE COMPETENT AUTHORITY PASSED ON THE ABOVE MENTIONED REPORTS OF THE REVIEW COMMITTEE TILL DATE.




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Meenachil river basin project in for revival




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‘Sea ranching’ launched off Thiruvananthapuram as follow-up to artificial reef project

Minister of State for Fisheries George Kurian launches project; 10 lakh pompano, cobia fingerlings to be deposited in 10 selected locations




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Tata Power Renewable Energy unveils 126 MW Omkareshwar floating solar project, setting new global standards

With this project, TPREL’s total renewable capacity reaches 10.9 GW, reinforcing its position in India’s journey towards a greener energy future.




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Gujarat CM approves Rs 254 Crore for multiple development projects across 14 towns




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AP govt signs MoU worth Rs 65,000 cr with Reliance Industries for investment in CBG projects




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NIFT’s craft cluster projects enriching J&K’s artisans, crafts: L-G Manoj Sinha

He described J&K as “a repository of Indian creative traditions




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Govt. charges BRS with hatching conspiracies to stall development projects for political gains

Dy CM says involvement of BRS leader in Lagacharla incident exposes the party’s intentions




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CM Stalin inaugurates 27 new projects at temples across T.N.




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Andhra Pradesh govt. reaffirms commitment to ‘irrigating every acre of farmland’ in State through river-interlinking projects




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Varun Hospitality announces eco-friendly mixed-use project to replace The Gateway Hotel in Visakhapatnam




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U.T. seeks Centre’s nod to implement Smart Meter Project with post-paid plan option

There is stiff resistance from various quarters for the pre-paid Smart Meter Project. It will be difficult to introduce the prepaid functionality at the beginning stages of the implementation, says Minister for Home A. Namassivayam in his memorandum submitted to Union Minister for Power Manohar Lal Khattar




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There is an urgent need to build metro rail project in Visakhapatnam, say local MLAs in the State Assembly

People have been facing severe traffic problems in the and there is a need for rapid transport system like metro rail, says Gajuwaka MLA




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Sterlite Technologies secures ₹2,600 crore BharatNet project in Jammu and Kashmir 

Sterlite Technologies to implement an automation-led fibre deployment approach, utilising drone surveys, GIS mapping, and AI-led network design





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Egat keen to expedite 15 solar farm projects

The Electricity Generating Authority of Thailand (Egat) wants to accelerate the development of 15 planned floating solar farm projects with a total capacity of 2,656 megawatts on the reservoirs of its six hydroelectric dams under the new national power development plan (PDP) of 2024.




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'Digital Durian' project to boost farm productivity

The Digital Economy Promotion Agency (Depa) has kicked off the One Tambon, One Digital (Otod) "Digital Durian" project to help 8.8 million durian farmers improve their productivity and set Thai durian standards using digital platforms and innovations.