19 Dec 2025

Ahluwalia Contracts (India) Ltd has secured an EPC contract worth INR 888.38 crore from the Bihar State Tourism Development Corporation for development at Shri Ram Janmabhoomi Tirtha Kshetra in Punauradham, Sitamarhi district. The project covers civil construction, infrastructure, boundary walls, and visitor facilities at the site, believed to be the birthplace of Goddess Sita. The work will be executed over 42 months. With a robust unexecuted order book exceeding INR 18,000 crore, the company has strong visibility for upcoming revenue and execution.Read more

18 Dec 2025

Welspun World has started commercial operations at its new ductile iron pipe manufacturing plant in Anjar, Gujarat. Developed under a multi-crore INR brownfield expansion plan, the facility adds 200 kilo metric tonnes per annum to the group's capacity, taking the total to 400 kilo metric tonnes annually. Inaugurated by Union Minister for Jal Shakti C R Patil, the plant strengthens Welspun World's presence in water and infrastructure sectors. The company said the facility will support national water programmes such as Jal Shakti Abhiyan and Jal Jeevan Mission.Read more

18 Dec 2025

Data centre-focused real estate investor Fermi has denied media reports linking Amazon to its stalled Texas data centre project. The company clarified that Amazon was never involved as a prospective tenant or funding partner for the development. The statement followed a report suggesting Amazon had held talks to lease space and later pulled out of a construction funding agreement. Fermi said these claims were incorrect and misleading. Earlier, the company disclosed that an unnamed prospective tenant had terminated an agreement that could have contributed up to USD 150 million towards construction, triggering a sharp fall in its share price. Fermi continues to position its Texas project as part of its long-term data infrastructure expansion strategy.Read more

18 Dec 2025

ACME Solar has commissioned 52 MW of its 100 MW wind power project in Gujarat's Surendranagar district, implemented through its subsidiary ACME Eco Clean Energy. The project is being developed in phases, with the latest tranche adding 8 MW. Power from the project will be supplied under a 25-year PPA with Gujarat Urja Vikas Nigam Limited. The project is financed by Power Finance Corporation. ACME Solar currently operates 2,942 MW of renewable capacity and has 4,578 MW under construction, including 15 GWh of battery storage.Read more

18 Dec 2025

Ambrane has begun operations at its new 83,000 square feet automated manufacturing facility in Kundli, Haryana, developed with an investment of INR 50 crore. The plant is expected to increase the company's production capacity by 200 per cent and support its expansion into new product categories such as IT peripherals and small appliances. Designed with automation-ready systems, the facility aims to reach a capacity of 15 lakh units per month and has already generated over 600 local jobs, with more hiring planned.Read more

18 Dec 2025

Larsen & Toubro has won multiple large EPC orders in India through its buildings and factories vertical, with each order valued between INR 2,500 crore and INR 5,000 crore. Key projects include the construction of the Advait Lok cultural and spiritual museum at Omkareshwar in Madhya Pradesh, a FIFA-compliant football stadium and sports facilities in Guwahati, and luxury high-rise residential towers in Mumbai. The museum project includes long-term operations and maintenance, while the sports complex redevelopment has a 27-month delivery timeline.Read more

18 Dec 2025

Shares of Hut 8 rose sharply after the company announced a long-term agreement valued at around USD 7 billion to lease and develop a large-scale data centre in Louisiana, signalling a strategic shift towards artificial intelligence infrastructure. The move highlights the growing trend of former cryptocurrency miners repositioning their power-intensive assets to cater to rising demand from AI developers. The planned facility will be developed under a 15-year lease and is expected to come online in phases. The agreement also deepens Hut 8’s collaboration with AI-focused partners, underlining the increasing competition among global technology firms to secure energy-rich data centre capacity.Read more

18 Dec 2025

State-owned power producer NTPC has commenced commercial operations of multiple solar power capacities across Gujarat and Rajasthan. This includes a portion of its large Khavda solar project in Gujarat and part of the Nokh solar project in Rajasthan. With the latest additions, NTPC Group's total installed and commercial capacity has crossed 85,540 MW, further strengthening its renewable energy portfolio.Read more

18 Dec 2025

Mitsui O.S.K. Lines (India) Pvt Ltd (MOL India) and the Society for Innovation & Entrepreneurship (SINE) at IIT Bombay signed a Memorandum of Understanding earlier this week to collaborate on innovation and deep tech projects. The partnership will focus on knowledge exchange, startup mentoring, pilot projects, and exploring emerging technologies. MOL India may provide industry insights and evaluate startups within SINE's ecosystem. SINE, recognised as a Centre for Excellence by India's Department of Science & Technology, has supported over 500 technology startups since 2004.Read more

18 Dec 2025

GHV Infra Projects has won a civil and allied works contract valued at INR 109 crore for a building project in Jamshedpur, Jharkhand. The scope includes civil construction, mechanical, electrical and plumbing works, along with finishing activities. The contract has been awarded by a group entity and is scheduled to be executed over a 30-month period. This order strengthens the company's existing order book and comes at a time when GHV Infra has reported steady financial growth and increased project activity across industrial regions.Read more

17 Dec 2025

The National Green Tribunal has allowed construction to resume at a major residential or mixed-use project in Pune's Baner area, subject to strict environmental safeguards. The order requires the developer to install real-time air quality monitoring systems and make pollution data publicly available. Mandatory dust-control measures, including water sprinkling, material covering and wheel-washing facilities, must be followed throughout construction. Regular reporting to pollution control authorities has also been directed, with provisions to halt work if limits are breached. The decision balances development needs in one of Pune's fast-growing residential hubs with concerns around air quality, public health and responsible urban growth.Read more

16 Dec 2025

Tata Power is preparing to finalise a 10 GW wafer and ingot project, estimated at INR 6,500 crore, by January next year. The company is in discussions with multiple states, including Odisha, Tamil Nadu, and Andhra Pradesh, evaluating policies and incentives before deciding the site. The plant will complete Tata Power's solar manufacturing integration, covering wafers, ingots, cells, and modules. The company, with a diversified 15.9 GW portfolio in thermal, solar, and wind, is also exploring entry into nuclear energy through small modular reactors (SMRs).Read more

16 Dec 2025

Inox Wind has secured a 102.3 MW wind turbine supply order from ABREL EPC Ltd, a subsidiary of Aditya Birla Renewables. The order involves the supply of 3.3 MW wind turbine generators for projects being developed in Karnataka. The deal strengthens Inox Wind's position in the utility-scale renewable energy segment and reflects continued investment by large corporate groups in clean energy capacity. The company stated that the association aligns with India's broader energy transition goals and supports long-term decarbonisation efforts, while also expanding Inox Wind's growing customer base.Read more

15 Dec 2025

The Karnataka government is accelerating growth in the plastics and polymer sector by developing dedicated plastic parks in Mangaluru and Vijayapura, according to Industries Minister M B Patil. The specialised parks will offer modern infrastructure to support manufacturing, research and skill development. A new campus of the Central Institute of Petrochemicals Engineering and Technology will be set up in the Mangaluru park to train skilled manpower and promote innovation. In Vijayapura, around 200 acres will be allocated for plastic units based on industry needs. The initiative aligns with India's rapidly expanding plastics industry and is expected to boost industrial investment, employment generation and demand for purpose-built industrial real estate across the state.Read more

14 Dec 2025

"JSW Energy, through its subsidiary JSW Energy (Utkal) Ltd, has finalised a 25-year Power Purchase Agreement with multiple Karnataka discoms for supplying 400 MW of power starting April 1, 2026. The tariff has been set at INR 5.78 per kWh. The agreement lowers the company’s open capacity to about 5 per cent and improves the stability of its long-term earnings. With this development, JSW Energy’s locked-in generation capacity has reached 30.5 GW, supported by operational assets, ongoing construction, hydro additions, a strong development pipeline, and large energy-storage commitments. "Read more

14 Dec 2025

Swakop Uranium and NamWater have launched a joint venture to build Namibia’s second desalination plant near Swakopmund, aiming to support the Husab uranium mine and surrounding communities in the Erongo region. The 20 million cubic-meter facility, in planning since 1998, will provide a stable and cost-efficient water supply for industrial and community use. Swakop Uranium owns 70% of the project, with NamWater holding 30%. Estimated at around 3 billion Namibian dollars (USD 176 million), the plant reflects Namibia’s focus on water security and international collaboration in strategic sectors.Read more

13 Dec 2025

Tata Steel has approved a series of expansion and backward-integration plans to strengthen capacity, secure raw materials and widen its downstream product range. The plan includes raising Neelachal Ispat Nigam Ltd's capacity to 4.8 MTPA, developing a new Thin Slab Caster and rolling facility at Meramandali, and setting up a 0.7 MTPA Hot Rolled Pickling and Galvanising Line in Tarapur. The company also finalised a 50.01% stake purchase in Thriveni Pellets, signed an MoU with Lloyd Metals & Energy for mining and steelmaking opportunities, and advanced work on its low-carbon HIsarna technology.Read more

12 Dec 2025

Greenply Industries is preparing to set up a new medium-density fibreboard (MDF) plant with an estimated investment of around INR 500 crore, targeting completion and operations by FY28. The company is close to full utilisation of its existing MDF capacity, which has increased from about 70% to nearly maximum levels in recent months. Multiple site options are being assessed, including Odisha, Baroda and Sandila. Greenply expects stronger growth in the organised plywood and MDF market as mandatory quality norms come into effect in early 2026, reducing low-quality imports and lifting demand for compliant products.Read more

12 Dec 2025

SEPC Ltd has closed its long-pending arbitration dispute with Hindustan Copper Ltd (HCL) after both sides agreed to a full and final financial settlement. The company will receive INR 30.45 crore under the settlement, clearing all outstanding claims and counterclaims between the two organisations. Along with the settlement, SEPC has also been issued a supplementary work order worth INR 72.5 crore for an ongoing vertical shaft sinking project. The development strengthens SEPC's position in mining infrastructure, a sector where it has been expanding steadily in recent years.Read more

12 Dec 2025

TotalEnergies has reached an agreement to operate Galp's Mopane offshore permit in Namibia’s Orange Basin by acquiring a 40% stake from the Portuguese company. The deal places TotalEnergies at the helm of Namibia’s two largest oil discoveries, paving the way for a major production hub. The transaction is expected to close in 2026. TotalEnergies and Chevron were leading contenders for the stake. This move strengthens the French firm’s presence in African offshore oil, while Galp continues to maintain its majority interest in the region.Read more