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26 Dec 2025
LNJ Bhilwara Group has signed a definitive agreement to acquire a 100 per cent stake in Mandakini Jal Urja, which is developing a 76 MW hydropower project in Uttarakhand. The acquisition will be carried out through Bhilwara Energy, the Group's energy arm, by purchasing the full equity from Statkraft IH Holding AS. The project, located in Rudraprayag district, is a run-of-river hydroelectric facility aimed at strengthening renewable power generation in the state. Bhilwara Energy said the deal will expand its hydropower portfolio and support its focus on sustainable energy infrastructure. Statkraft stated the divestment aligns with its strategy to streamline international operations. The transaction is subject to customary approvals.Read more
26 Dec 2025
Shree Cement has withdrawn the lockout at its Baloda Bazar cement plant in Raipur after reaching a settlement with workers, allowing operations to resume. The lockout had been imposed due to labour-related issues and resulted in a temporary halt in production at the facility. The company stated that the situation was resolved through discussions, with no damage reported to plant assets during the stoppage. The brief shutdown led to an estimated production loss of around 10,000 tonnes per day. The plant is an important part of Shree Cement's regional manufacturing network.Read more
26 Dec 2025
Delhi's Municipal Corporation is moving quickly to establish its fifth construction and demolition (C&D) waste processing plant at Tehkhand to strengthen waste management and reduce dust pollution. The seven-acre site will be handed over to the selected contractor on January 1, 2026, and the plant is expected to be operational in about a year, following required approvals. Initially processing 1,000 tonnes daily, capacity will later increase to 2,000 tonnes. Once functional, the facility will raise Delhi's total C&D processing capacity to 5,500-6,000 tonnes daily and support waste disposal across all 250 civic wards.Read more
25 Dec 2025
Australia-based Goodman Group has entered into a major partnership with Canada Pension Plan Investment Board to develop large-scale data centres across key European markets. The joint venture, valued at AUD 14 billion or about USD 9.3 billion, will focus on four projects in Germany, the Netherlands and France. The move strengthens Goodman's growing role in AI-led digital infrastructure and marks CPPIB's first data centre investment in Europe. With power secured and approvals in place, construction is planned to begin before mid-2026, supporting rising demand from hyperscalers.Read more
25 Dec 2025
NHPC has started partial commercial operations at the 2,000 MW Subansiri Lower Hydroelectric Project on the Assam & Arunachal Pradesh border with the commissioning of one 250 MW unit. The project, India's largest hydropower facility, has faced long delays and sharp cost escalation since construction began in 2005. Designed as a run-of-the-river scheme, it will eventually generate over 7,400 million units of renewable power annually. Phased commissioning of the remaining units is planned, with full operations expected by 2026-27.Read more
25 Dec 2025
Industry leaders from India's construction and real estate sectors gathered in Mumbai for the fifth edition of the Saifee Burhani Expo (Construction 360), a three-day event focused on sustainable, inclusive and future-ready urban development. Inaugurated by Maharashtra Vidhan Sabha Speaker Shri Rahul Narwekar, the expo highlighted innovation, collaboration and long-term infrastructure planning aligned with the vision of a & Viksit Bharat by 2047. Through panel discussions, expert addresses and technology showcases, participants emphasised the need to shift from metro-centric, unchecked growth towards decentralised development, climate-responsive design, safety, sanitation infrastructure and deeper adoption of sustainability frameworks across the construction value chain.Read more
24 Dec 2025
Ambuja Cements has approved the merger of ACC and Orient Cement into the parent company, creating a unified cement platform with a total capacity of 107 MTPA. The move will integrate ACC, Orient, Penna and Sanghi under one structure, improve operational efficiency, and reduce costs. Share swap ratios for ACC and Orient shareholders have been announced. The consolidation supports Ambuja's expansion roadmap to reach 140 MTPA by FY28 and does not require CCI approval as it is an intra-group merger.Read more
23 Dec 2025
The U.S. House has passed the SPEED Act to streamline permitting and environmental reviews for major energy, industrial, and data center projects. While the bill aligns with Trump-era goals of boosting domestic energy and industrial growth, last-minute amendments to maintain offshore wind veto powers caused clean energy advocates to oppose it. The legislation received 11 Democratic votes but faces hurdles in the Senate. Industry groups welcomed the reform as a necessary update to slow approval processes, while environmental and renewable energy organizations warned of risks to public health, clean air, and equal treatment of energy resources.Read more
23 Dec 2025
Shree Cement is investing INR 2,000 crore to set up a 2 MTPA cement plant in Chandrapur, Maharashtra, as part of its plan to increase total capacity to 80 MTPA over three years. The company, with existing operations in Pune, is awaiting environmental clearance, and construction is expected to take around two years. Funded entirely through cash reserves of over INR 5,000 crore, the expansion relies on internal accruals. India's cement consumption is currently low, offering growth potential, while Shree Cement maintains its position as the third-largest cement producer in the country.Read more
22 Dec 2025
State-owned NHPC is set to begin commercial operations of the second 250 MW unit of the Subansiri Lower Hydroelectric Project, taking a key step forward in India's largest hydropower development. Being developed at an estimated cost of around INR 27,000 crore on the Assam-Arunachal Pradesh border, the 2,000 MW run-of-river project is a critical addition to the country's renewable energy capacity. The commissioning of the second unit marks steady progress in the phased operationalisation of the project.Read more
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22 Dec 2025
Prime Minister Shri Narendra Modi has laid the foundation stone for a new brownfield ammonia-urea manufacturing plant at Namrup in Assam's Dibrugarh district, marking a major boost to the state's fertiliser and industrial infrastructure. Built with an investment of 10,601 crore, the project will come up within the existing Namrup fertiliser complex through a joint venture led by public sector and state-backed companies. The modern, energy-efficient facility will produce 12.7 lakh metric tonnes of urea annually and is expected to be operational by 2030. The project will support fertiliser supply across the Northeast and eastern India, while also driving regional industrial growth and employment.Read more
22 Dec 2025
Amber Enterprises has announced plans to invest INR 500 crore in setting up a new research and development centre in Rajpura, Punjab. The facility will focus on HVAC research and design and will be developed in two phases. Construction is expected to begin in January or February this year. In the first phase, around 500 engineers will be recruited. The company, which already operates a manufacturing plant in Rajpura and has a turnover of about INR 10,000 crore, has received assurances of quick approvals from the Punjab government.Read more
21 Dec 2025
Authorities have issued arrest warrants against 140 brick kiln operators for failing to clear statutory dues of nearly INR 27 crore. The action follows repeated notices and legal reminders that went unanswered, prompting a stricter enforcement drive to recover long-pending government levies. The unpaid amounts include mandatory charges such as cess, welfare contributions and other regulatory dues linked to kiln operations. Officials said non-payment impacts government revenue as well as funds meant for worker welfare and environmental compliance. The move signals a tougher stance on industrial non-compliance, with enforcement agencies aiming to ensure timely payment of statutory obligations across the brick manufacturing sector after earlier recovery efforts failed.Read more
21 Dec 2025
Micro, small and medium enterprises are a backbone of India's economy, contributing nearly 30% to GDP and supporting over 110 million jobs, but they continue to face challenges such as high costs, infrastructure gaps and limited access to capital. Industrial parks are emerging as a practical solution by offering plug-and-play facilities, shared utilities and ready infrastructure that reduce setup time and expenses. Strategically located parks also improve logistics efficiency and supply chain access. Beyond cost benefits, industrial clusters encourage collaboration, technology adoption and innovation through common facilities and specialised ecosystems. As India strengthens its manufacturing push, industrial parks are becoming key enablers of MSME growth and long-term competitiveness.Read more
19 Dec 2025
Tata Power has invested INR 64 crore in Khorlochhu Hydro Power Limited, marking the third tranche of its planned equity investment in the Bhutan-based hydropower company. The investment forms part of a broader agreement to acquire a 40 per cent stake in the project, with the total proposed investment standing at around INR 830 crore. The move aligns with Tata Power's strategy to strengthen its clean energy portfolio beyond India, while continuing to expand across multiple power generation segments.Read more
19 Dec 2025
Maverick Investments Limited, backed by UAE-based Siraj Holdings, and Henox IT and Data Centers have announced the first phase of Project Horizon in Tamil Nadu. The plan includes a 100 MW green data centre, a cable landing station and a renewable energy facility. Siraj Holdings has approved an initial equity infusion of INR 200 crore, while a platform is being developed to raise up to INR 50,000 crore over the project lifecycle. The project is structured in phases, with site due diligence, regulatory filings and partner discussions currently underway.Read more
19 Dec 2025
State-owned power major NTPC has drawn up a long-term roadmap to expand its installed capacity to 244 GW by 2037, requiring an estimated capital expenditure of INR 7 lakh crore. The company, which currently meets nearly one-fourth of India's electricity demand, is pursuing growth across conventional and renewable segments. Its group-level operational capacity has crossed 85,000 MW following recent solar additions in Gujarat and Rajasthan. With around 32 GW already under construction, NTPC is targeting 149 GW by 2032. Future investments will span energy storage, pumped storage, nuclear power, green hydrogen and related chemical businesses.Read more
19 Dec 2025
Patel Engineering has signed an initial pact with the Arunachal Pradesh government to revive the 144 MW Gongri Hydropower Project near Dirang. The project, earlier terminated, has been restored under the state's new policy for reviving large hydropower projects approved recently by the cabinet. With an estimated cost of INR 1,700 crore and a four-year construction timeline, the project will be executed on a BOOT basis for 40 years. Patel Engineering will handle design, construction, commissioning, and operations, along with transmission infrastructure development.Read more
19 Dec 2025
Allcargo Logistics has extended its domestic distribution network to cover 100 percent of India's PIN codes with its new Allcargo Extended Reach (AER) platform. The initiative replaces the earlier Extra Serviceable Stations model and follows the company's corporate restructuring that consolidated express distribution and consultative logistics under a single domestic supply chain business. The mapped network has increased from around 21,000 to over 32,000 PIN codes, while directly serviceable PIN codes through distribution centres have more than doubled to over 10,000, strengthening access to dependable logistics for businesses in urban and remote regions.Read more
19 Dec 2025
CPP Investments, Dream Industrial REIT, and Dream Asset Management Corporation have established a USD 3 billion joint venture focused on Canadian industrial real estate. The venture's first move involves acquiring a 3.6 million sq ft portfolio from Dream Industrial REIT for USD 805 million. The transaction enables the REIT to recycle capital while remaining connected to the assets. Backed by long-term institutional funding, the partnership aims to build scale in a market supported by logistics demand, e-commerce growth, and resilient industrial fundamentals across Canada.Read more
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