8 minutes ago

The National Bank for Agriculture and Rural Development (NABARD) has approved financial assistance of nearly INR 15,056 crore for 6,175 rural infrastructure projects in Haryana under the Rural Infrastructure Development Fund (RIDF). The investment will support infrastructure such as roads, irrigation systems and drinking water facilities while strengthening rural connectivity and public services. The announcement coincided with NABARD's 45th Foundation Day celebrations, where the institution also highlighted its ongoing initiatives in rural finance, farmer collectives, women's empowerment and sustainable agricultural development.Read more

38 minutes ago

Merlinhawk Aerospace has partnered with Boeing Defence India to provide in-country maintenance and lifecycle support for advanced Electro-Optical/Infrared (EO/IR) systems used on Indian military platforms. The collaboration will be supported through Merlinhawk's L3Harris WESCAM Authorised Service Centre in Bengaluru, helping reduce dependence on overseas repairs. The partnership is expected to improve turnaround time, fleet availability and mission readiness while supporting the government's focus on strengthening indigenous defence manufacturing and sustainment capabilities under the Atmanirbhar Bharat initiative.Read more

1 hour ago

IndiaMART InterMESH Ltd reported a steady financial performance for the first quarter of FY27, driven by growth in its core business and accounting software segment. The company's net profit and revenue both recorded double-digit year-on-year growth, while expenses also increased in line with business expansion. Total income crossed INR 521 crore during the quarter, supported by higher operational revenue and other income. The results reflect continued demand for the company's digital B2B marketplace and related software offerings.Read more

23 Jul 2026

Gurugram Police have registered a case against Orris Infrastructure Pvt Ltd, its directors Vijay Gupta and Amit Gupta, and authorised signatory Jitender Singh over allegations of cheating and criminal conspiracy linked to a land collaboration agreement in Badha village near Manesar. The complainants, who are legal heirs of the original landowners, alleged that plots promised under a development agreement were subsequently transferred to third parties despite earlier allotment letters issued in their favour. The FIR was registered on 7 July under Sections 420 and 120-B of the Indian Penal Code (IPC). Police said the matter is under investigation and legal action will be taken based on the findings.Read more

23 Jul 2026

Steel Authority of India Ltd (SAIL) has granted in-principle approval to expand the capacity of its flagship Bhilai Steel Plant in Chhattisgarh from 6.8 million tonnes per annum (MTPA) to 10.2 MTPA with an estimated investment of INR 31,000 crore. The project is expected to create direct and indirect employment during construction and operations. The expansion will be supported by raw materials sourced from SAIL's captive mines as well as domestic and imported supplies, with the project targeted for completion within 42 months.Read more

23 Jul 2026

Austria has officially converted Adolf Hitler’s birthplace in Braunau am Inn into a police station, ending years of debate over the future of the historic building. The government believes the move will reduce its appeal as a destination for neo-Nazi visitors by removing its symbolic association with Hitler. While many local residents have welcomed the decision, Holocaust remembrance groups argue that the redevelopment does not do enough to acknowledge the crimes of the Nazi regime. The project reflects Austria’s continuing effort to address one of the most sensitive parts of its history.Read more

23 Jul 2026

Uttar Pradesh Chief Minister Yogi Adityanath inaugurated and laid the foundation stone for development projects worth around INR 574 crore in Bulandshahr, reinforcing the state's focus on infrastructure-led growth and public welfare. The projects span roads, civic infrastructure, education, drinking water and other public amenities aimed at improving services across the district. During his visit, the Chief Minister also interacted with beneficiaries of government welfare schemes and outlined the state's emphasis on strengthening infrastructure, governance and regional economic development.Read more

23 Jul 2026

China continues to lead the world in large-scale wind and solar energy development, but a significant portion of electricity transmitted from its renewable energy megabases still depends on coal-fired power, according to a new report by Global Energy Monitor. While renewable capacity is expanding rapidly, limited transmission infrastructure and the continued use of coal for grid stability remain major challenges. The report also highlights the need for more energy storage systems to improve renewable integration and reduce dependence on coal in the country's long-distance power transmission network.Read more

23 Jul 2026

The Andhra Pradesh government has initiated the acquisition of 1,903 acres in Srikakulam district for the second phase of the Mulapeta Port project, reinforcing its strategy to expand maritime infrastructure along the state's coastline. The land will support the development of port-related facilities and improve cargo handling capacity. The move forms part of a broader programme under which the state has approved land acquisition for multiple port projects aimed at strengthening logistics, industrial growth and coastal connectivity.Read more

23 Jul 2026

Flexible workspace operator 315Work Avenue has leased 45,000 sq ft of office space at Bhartiya City, Thanisandra, Bengaluru, as part of its expansion strategy in India's managed office market. The new enterprise-grade workspace is intended to meet rising demand from enterprises, Global Capability Centres (GCCs), technology companies and high-growth start-ups seeking flexible office solutions. The transaction was facilitated by Colliers India. Bengaluru-based 315Work Avenue currently manages around 4 million sq ft of office space, comprising 80,000 seats across 55 locations in Bengaluru, Chennai, Hyderabad, Mumbai and Pune, strengthening its presence in key commercial markets.Read more

23 Jul 2026

A total of 629 out of 1,191 under-construction national highway projects have exceeded their original completion schedules, Union Road Transport and Highways Minister Nitin Gadkari informed Parliament in the past week. In separate replies to the Rajya Sabha, the minister also said 103 contractors and concessionaires were blacklisted or penalised between FY24 and FY26 for poor-quality highway construction. The government is implementing a phased rollout of Advanced Traffic Management Systems (ATMS) across 52,647 km of four-lane and wider national highways and expressways. Gadkari also said 6,358 black corridors have been identified using AI-based tools, while more than 77 lakh FASTag Annual Passes had been issued by June 2026.Read more

23 Jul 2026

Ashiana Housing Ltd has sold 224 premium residential units worth INR 372.45 crore at its Ashiana Oma project in Jaipur, reflecting sustained demand for organised housing in the city. Developed under a revenue-sharing joint venture model, the 10.35-acre project comprises 280 residential units and is located at Mansarovar Extension, Jaisinghpura, along Jaipur's Ajmer Road corridor. The homes sold account for around 4.80 lakh sq ft of saleable area. The listed developer said the strong response indicates increasing buyer preference for planned residential communities offering quality construction, open spaces and long-term value. Ashiana Housing has delivered more than 55 projects across its portfolio.Read more

23 Jul 2026

Long Yuan Construction Group has announced that one of its subsidiaries has won a contract worth 556.2 million yuan for the construction of an auto science and technology base project. The development marks another addition to the company's project portfolio and is expected to support its order book. While the company has not disclosed further details about the project, the contract highlights its continued participation in large-scale infrastructure and industrial construction projects in China amid ongoing investments in manufacturing and technology facilities.Read more

23 Jul 2026

The Delhi government will soon issue smart property cards to residents of Lal Dora areas across 48 villages under the SVAMITVA (Survey of Villages and Mapping with Improvised Technology in Village Areas) scheme. The initiative aims to create authenticated digital property records, resolve long-standing ownership disputes and improve transparency in village abadi areas. Surveys have been completed in 30 villages, with final property cards already prepared, while 12,232 properties have been surveyed, of which 8,423 have been found dispute-free. The QR code-enabled PVC cards will carry detailed ownership information and will be integrated with the Delhi Online Registration Information System (DORIS) for real-time record updates.Read more

23 Jul 2026

Imagicaaworld Entertainment plans to invest up to INR 10 billion (USD 103.6 million) over the next five to six years to expand its presence across India's major cities. The company aims to increase its portfolio from nine to 13 parks, supported by rising consumer spending on leisure experiences, improving urban infrastructure and growing demand for destination entertainment. Alongside expansion, the operator plans to increase ticket prices and reduce discounts to improve profitability after a challenging financial year that was affected by higher operating costs, an early monsoon and disruptions during the peak summer season.Read more

23 Jul 2026

Flexible workspace operator Smartworks Coworking Spaces Ltd reported a consolidated net profit of INR 13.14 crore for the first quarter of FY27, compared with a net loss of INR 4.19 crore in the corresponding period last year. The improvement was supported by a 44% increase in total income, which rose to INR 559.66 crore from INR 387.98 crore a year earlier. As of 30 June 2026, the company operated a portfolio of 16.9 million sq ft across 70 centres in 15 cities in India and Singapore. Smartworks also reported a net profit of INR 10.52 crore on INR 1,850 crore in revenue for FY26.Read more

23 Jul 2026

The Goa government has amended the state's registration framework to allow property deeds to be registered at any sub-registrar office within the same district, irrespective of where the property is located. The change, introduced through a notification issued under the Registration Act, is intended to simplify the registration process, improve administrative efficiency and provide greater convenience to citizens. The revised framework also continues to classify registration offices into different categories for administrative purposes while expanding the flexibility available for document registration.Read more

23 Jul 2026

The Municipal Corporation Gurugram (MCG) has partnered with The Art of Living Social Projects to restore and sustainably manage selected urban ponds across Gurugram. The collaboration aims to address the growing degradation of the city's water bodies caused by rapid urbanisation, encroachments, sewage inflow, and waste dumping. The project will focus on scientific restoration, ecological conservation, groundwater recharge, biodiversity enhancement, and long-term monitoring. Alongside technical interventions, the initiative also seeks to involve local communities through awareness programmes and volunteer participation to ensure sustainable management of the restored water bodies.Read more

23 Jul 2026

COSCO SHIPPING Specialized Carriers plans to expand its fleet through a major investment in new vessels. The company said one of its subsidiaries or an affiliated company will invest up to USD 384.31 million (around 2.6 billion yuan) to construct eight vessels. The investment is aimed at strengthening the company's shipping capacity and supporting its long-term fleet expansion strategy. The move comes as global shipping companies continue to modernise fleets and improve operational efficiency to meet evolving trade and logistics requirements.Read more

23 Jul 2026

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed a key construction milestone on the 13.9-km Elevated Eastern Freeway Extension (EFE) by successfully installing two 59-metre-long main trusses of a segment launcher over the Eastern Express Highway. The operation, completed within a four-hour traffic block, marks the beginning of the superstructure construction phase. The six-lane elevated corridor will connect Anand Nagar in Thane with Chheda Nagar in Ghatkopar and is expected to reduce travel time between South Mumbai and Thane to around 20–25 minutes after completion.Read more

23 Jul 2026

Actor John Abraham has acquired a century-old bungalow in Mumbai's Bandra for approximately INR 84 crore, adding another landmark property to the city's premium residential market. The heritage home, located in one of Bandra's most sought-after neighbourhoods, will be retained in its existing form, with no redevelopment planned. The transaction reflects the growing appeal of standalone heritage residences among high-net-worth buyers, even as redevelopment continues to dominate Mumbai's residential landscape.Read more

23 Jul 2026

Welspun One has leased approximately 15,000 sq ft of space at its Grade-A Urban Distribution Centre within the World Trade Centre (WTC) Thane to Novel Jewels Ltd, an Aditya Birla Group company. Announced in the past week, the lease will enable Novel Jewels to establish its storage and distribution operations closer to key consumption markets across the Mumbai Metropolitan Region (MMR). The transaction highlights increasing demand for institutional-grade logistics facilities capable of supporting businesses handling high-value inventory with enhanced security, operational continuity and scalability. Developed as a mixed-use business ecosystem, WTC Thane integrates urban distribution, commercial spaces, workplaces and supporting infrastructure, catering to occupiers seeking efficient last-mile connectivity within one location.Read more

23 Jul 2026

Methaq Real Estate Investment Company PSC has reported a net loss of 60,499 dinars for the second quarter, according to its latest financial disclosure. The update reflects the company's quarterly financial performance and comes after the company had returned to profitability in its full-year 2025 results. Methaq operates in the real estate development and investment sector in Jordan, with activities spanning land acquisition, property development, leasing, and real estate investments. The latest earnings announcement provides investors with an update on the company's financial position for the quarter.Read more

Gurugram News Desk

23 Jul 2026

The Punjab and Haryana High Court has directed the Haryana government to submit detailed records relating to demolition action and restoration measures undertaken in DLF City, Gurugram, as part of ongoing proceedings concerning unauthorised constructions. The court has sought information on enforcement action taken across DLF Phases 1 to 5, including compliance with earlier directions and the status of restoration activities. The matter remains under judicial scrutiny as authorities have been asked to present a comprehensive account of regulatory action taken against illegal developments.Read more

23 Jul 2026

The Delhi Development Authority (DDA) is expected to operationalise its multilevel car parking facility at Bhikaji Cama Place by mid-October, adding organised parking infrastructure to one of the capital's prominent commercial districts. Designed to accommodate 480 equivalent car spaces (ECS), the project incorporates automated parking systems, electric vehicle charging points and modern safety features. The facility is intended to reduce roadside parking, improve traffic circulation and support the growing demand for organised parking in the busy office and commercial hub.Read more

23 Jul 2026

Large inflows into the Reserve Bank of India's special deposit scheme for non-resident Indians have strengthened sentiment in India's bond market by improving expectations around banking system liquidity. The additional funds are expected to support demand for government securities while also boosting confidence in the country's external position amid volatile global oil prices. The rupee strengthened alongside bond prices, while investors continued to monitor geopolitical developments and awaited clarity on the possible inclusion of Indian government bonds in Bloomberg's Global Aggregate Index.Read more

23 Jul 2026

Ashok Leyland expects India's commercial vehicle (CV) industry to record single-digit growth in FY27, supported by sustained public infrastructure spending, replacement demand and improving freight movement. The company believes government investment in highways, logistics parks, urban infrastructure and construction activity will continue to create demand for medium and heavy commercial vehicles. Alongside infrastructure-led purchases, ageing vehicle replacement and fleet modernisation are expected to support sales across segments. While acknowledging near-term macroeconomic uncertainties, the company remains optimistic that infrastructure development will remain a key driver of commercial vehicle demand during the financial year.Read more

23 Jul 2026

Delhi's rooftop cafes and restaurants offer much more than great food. They combine beautiful views, stylish settings and memorable dining experiences that make every visit special. Whether you're planning a romantic dinner overlooking the Qutub Minar, a weekend brunch with friends or an evening of cocktails under the stars, the city has plenty to offer. From elegant fine-dining restaurants to lively rooftop cafes, these nine destinations stand out for their food, ambience and spectacular skyline views.Read more

23 Jul 2026

Delta Property Fund has announced the proposed sale of Hatfield Forum East for ZAR 35 million in an all-cash transaction as part of its ongoing asset disposal strategy. The company also confirmed the successful transfer of the In2Fruit and 88 Field Street properties, marking further progress in executing its property sales programme. The disposal forms part of Delta's efforts to streamline its portfolio, strengthen liquidity and reduce debt. The company has been pursuing selective asset sales over the past few years to improve its financial position and focus on long-term portfolio optimisation.Read more

23 Jul 2026

JSW Infrastructure reported an 8.2% year-on-year decline in its consolidated net profit for the first quarter of FY27 as higher operating expenses weighed on earnings. Despite the drop in profit, the company recorded growth in total income, cargo volumes and operating EBITDA, supported by strong performances across key ports and expansion of cargo handling capacity. The company also strengthened its container terminal portfolio with new projects and maintained its growth guidance for FY27, backed by ongoing capacity additions and infrastructure expansion.Read more

23 Jul 2026

Youthville has expanded its student housing portfolio with the launch of its 11th property, a girls' hostel in Mumbai's Vile Parle. The new facility strengthens the company's presence in Mumbai and Pune as it works towards its target of operating 15,000 beds over the next five years. Located near major educational institutions, the property offers professionally managed accommodation with modern amenities and security features. The expansion reflects the growing demand for organised student housing in India's key education hubs, where students increasingly prefer managed living spaces over conventional hostels and rented accommodation.Read more

Mumbai News Desk

23 Jul 2026

The Brihanmumbai Municipal Corporation (BMC) has constituted an expert committee to review the planning, design and execution of major flyover and bridge projects following concerns raised over the recently opened extension of the Mrinaltai Gore Flyover in Goregaon. The panel will examine engineering practices, project approvals and construction standards to identify shortcomings and recommend corrective measures. The exercise is intended to strengthen quality control, improve project execution and minimise delays and design-related issues in future infrastructure works across Mumbai.Read more

23 Jul 2026

Emlak Konut REIT reported strong sales performance for the January–June period, with total revenue from residential units and land sales reaching 50.70 billion lira. The company generated 45.17 billion lira in presales revenue from 2,598 independent units, excluding VAT, while land sales contributed an additional 5.52 billion lira. The developer also recorded sales to foreign buyers worth 624.2 million lira, excluding VAT, reflecting continued international interest in its projects. The update highlights the company's steady sales momentum during the first half of the year.Read more

23 Jul 2026

Prayagraj Junction has commenced construction of two additional railway platforms as part of a long-pending capacity expansion aimed at easing congestion at one of North India's busiest stations. The project, which resumes after nearly six years, is expected to improve train handling, operational efficiency and passenger movement. The new infrastructure forms part of a broader station modernisation programme that includes upgrades to railway operations and passenger facilities, enabling the junction to accommodate rising traffic and future service requirements.Read more

23 Jul 2026

The Reserve Bank of India (RBI) has asked banks and other regulated entities to strengthen their internal grievance redressal systems to ensure eligible customer complaints are not bypassing the Internal Ombudsman process. RBI Deputy Governor Swaminathan J said complaint trends should be treated as an early warning system to identify operational gaps rather than as compliance data. He also stressed that boards and senior management should promote customer-centric governance, while technology-enabled financial services should be supported by faster, transparent and efficient complaint resolution mechanisms.Read more

23 Jul 2026

The Uttarakhand government has suspended tree felling linked to the proposed Rishikesh–Bhaniyawala road expansion following concerns raised by residents, environmental groups and public representatives. Chief Minister Pushkar Singh Dhami has directed officials to halt the exercise and hold consultations with stakeholders before taking any further decision. The road project is intended to improve connectivity between Dehradun, Rishikesh and Jolly Grant Airport, but has sparked debate over its environmental impact due to the number of trees proposed for removal. The state has said infrastructure development must proceed alongside ecological conservation.Read more

23 Jul 2026

Institutional investments in India's residential real estate sector declined sharply during the first half of 2026, with inflows dropping 85% year-on-year to USD 153.62 million, according to Cushman & Wakefield. Despite the steep fall in housing investments, total institutional investments across the Indian real estate sector increased 6% to USD 3.46 billion, supported by stronger domestic investor participation and substantial capital deployment into office and data centre assets. Office projects attracted more than USD 1.97 billion during the six-month period, while data centres secured USD 838.97 million after receiving no institutional investment in the corresponding period last year. The findings indicate a shift in investor preference towards income-generating and digital infrastructure assets, even as investment activity across the broader real estate market remained resilient.Read more

Gurugram News Desk

23 Jul 2026

The National Highways Authority of India (NHAI) has identified three potential alignments for the proposed Gurugram–Farrukhnagar–Jhajjar highway, with the final route to be selected after technical evaluation. The project aims to strengthen connectivity between Gurugram and Jhajjar, improve freight movement and support the region's expanding industrial and logistics network. The shortlisted options include both the widening of an existing road corridor and the development of new greenfield routes. Once an alignment is approved, the project will move to the detailed planning stage, including design, land acquisition and statutory clearances.Read more

23 Jul 2026

Bank of Baroda has introduced a series of new digital banking and customer service initiatives as part of its 119th foundation day celebrations, strengthening its focus on technology, retail banking and MSME services. In separate developments, Bajaj Life Insurance has launched a new index fund linked to the Nifty 200 Value 30 Index for ULIP policyholders, while ICICI Prudential Mutual Fund has introduced a new exchange-traded fund tracking the BSE Insurance Index. These launches reflect the continued expansion of digital banking and investment offerings across India's financial sector.Read more

23 Jul 2026

The Directorate General of Civil Aviation (DGCA) is developing a digital platform on the eGCA portal to streamline the reporting and processing of aviation incidents. The initiative is expected to improve the speed and efficiency of mandatory occurrence reporting while strengthening aviation safety oversight. The government also reiterated that domestic airfares remain market-driven, with prices determined by demand, fuel costs and other operational factors. However, it clarified that it can intervene in exceptional situations by capping fares or reallocating airline capacity to protect passenger interests.Read more

23 Jul 2026

The Supreme Court has granted Parsvnath Developers a final one-week deadline to deposit the entire recoverable amount due to homebuyers of the Parsvnath Exotica project in Gurugram, along with 12% annual interest, failing which the company's directors could face imprisonment. The order was issued during the hearing of a long-running dispute involving homebuyers who alleged that they had paid the full purchase amount but had not received possession of their homes after nearly two decades. The apex court maintained its earlier directions, including the freezing of the developer's bank accounts, and directed the matter to be listed again next week. The case also highlights concerns over the enforcement of Haryana RERA's recovery orders and prolonged delays in residential projects.Read more

23 Jul 2026

The National Highways Authority of India (NHAI) has introduced a digital system that allows eligible residents living near select toll plazas to buy local toll passes through the Rajmargyatra Mobile App without visiting the toll plaza. The initiative has been launched at the Mundka–Bakkarwala Toll Plaza in Delhi and will be expanded across the country in the coming months. NHAI has also launched the MargMitra Help Centre within the app to provide multilingual assistance, grievance redressal, FASTag services and real-time complaint tracking, further strengthening digital services for highway users.Read more

23 Jul 2026

Banks and financial institutions reported fraud involving INR 1.42 lakh crore over the last five financial years, while recoveries from fraud accounts stood at INR 6,389 crore during the same period. The government informed Parliament that public sector banks have also taken legal action against thousands of wilful defaulters through recovery suits, SARFAESI proceedings and FIRs. Separately, complaints related to recovery agents more than doubled in FY26, prompting the Reserve Bank of India to strengthen guidelines aimed at protecting borrowers from coercive recovery practices.Read more

23 Jul 2026

Segro has rejected Prologis’ revised takeover proposal valued at USD 18.17 billion, marking the third unsuccessful approach by the U.S.-based warehouse company. The latest offer represented a premium of nearly 34% over Segro’s share price before the bid became public. Following the rejection, Prologis has appealed directly to Segro’s shareholders ahead of the UK takeover deadline. The company also indicated that it may explore a secondary listing on the London Stock Exchange if the proposed combination moves forward.Read more

Noida News Desk

23 Jul 2026

The Federation of Noida Residents Welfare Associations (FONRWA) has urged the Noida Authority and district administration to strengthen enforcement against unauthorised paying guest (PG) accommodations operating in residential sectors. The residents' body has sought verification of permissions, compliance with planning regulations and action against properties functioning in violation of applicable norms. It has also called for regular inspections to address concerns relating to civic infrastructure, public safety and the increasing commercial use of residential neighbourhoods.Read more

23 Jul 2026

Sikkim Chief Minister Prem Singh Tamang has presented an INR 19,215 crore budget for FY2026-27, placing infrastructure development, social welfare and healthcare at the centre of the state's spending priorities. The budget outlines higher capital investments, support for Centrally Sponsored Schemes and measures aimed at improving public services. Key announcements include statewide HPV screening, the state's first renal transplant programme and the launch of Sikkim Government Medical College. The government also reiterated its long-term Vision Viksit Sikkim @2047, backed by sustained economic growth and investments across key sectors.Read more

23 Jul 2026

Malaysia-based IJM Corp is evaluating the possibility of listing its construction business as part of efforts to explore strategic options for the group. The company has begun the process of appointing advisers to assess the proposal but said no final decision has been taken. Market reports had earlier indicated that the listing could raise nearly USD 293.40 million and unlock significant shareholder value. The move comes months after Sunway's takeover attempt for IJM failed to meet the required acceptance conditions.Read more

23 Jul 2026

Goa Tourism has reviewed a series of initiatives aimed at strengthening the state's position as a year-round tourism destination. The plans include a proposed partnership with TUI Group to improve Goa's visibility in Europe, large-scale celebrations for World Tourism Day 2026, and the promotion of sports tourism through international events. The state is also focusing on digital transformation, sustainability, stakeholder collaboration and community participation as part of its long-term tourism strategy to attract diverse visitor segments and strengthen its global presence.Read more

23 Jul 2026

Bandhan Bank reported a strong financial performance for the first quarter of FY27, with net profit rising 35% year-on-year to INR 502 crore, supported by growth in lending and improved asset quality. Net interest income also increased during the quarter, while gross advances recorded double-digit growth across key business segments. The bank reduced provisions significantly, maintained a healthy capital position, and continued to strengthen its retail and digital banking business. The board also approved the appointment of an interim Chief Financial Officer, effective from September 26, 2026.Read more

23 Jul 2026

ACME Solar Holdings has signed a 25-year Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) for a 300 MW Inter-State Transmission System (ISTS)-connected wind-solar hybrid renewable energy project. The agreement increases the company's PPA-backed portfolio to 6,870 MW out of its total contracted capacity of 8,070 MW. The project will use ACME Solar's existing grid connectivity in high solar irradiation and wind resource locations and will supply power at a minimum annual capacity utilisation factor of 30 per cent, further strengthening its renewable energy pipeline.Read more