09 Feb 2026
Anant Raj Ltd has entered into a strategic partnership with AI infrastructure provider Submer to develop fully operational, AI-ready data centres across India through its subsidiary, Anant Raj Cloud. Formalised through a memorandum of understanding, the collaboration aims to support large-scale sovereign and enterprise AI workloads by deploying high-density, energy-efficient computing platforms. The partnership will bring Submer's liquid-cooling and modular data centre technologies from Spain, integrated with Anant Raj's existing campus infrastructure in Manesar and Panchkula, Haryana. By expanding beyond traditional colocation and cloud services into utility-grade AI infrastructure, Anant Raj seeks to address the growing demand for GPU-intensive workloads. The initiative also aligns with India's broader push towards AI sovereignty and sustainable digital infrastructure.Read more
09 Feb 2026
The MATECIA Exhibition, held alongside the Surfaces Reporter Architecture Event, wrapped up a successful three-day run in Kolkata, bringing together the architecture, interiors and building materials community from East and Northeast India. Hosted at Biswa Bangla Mela Prangan from 30 January to 1 February 2026, the event saw steady footfall from architects, interior designers, developers, manufacturers and dealers. Spread across 150,000 sq. ft., the exhibition featured over 100 brands and attracted 14,000-16,000 visitors from more than 100 cities and towns. Key highlights included the Surfaces Reporter Salutes awards, India Interior Retailing platform and interactive brand showcases, reflecting the region's growing design and construction momentum.Read more
09 Feb 2026
JSW Cement Ltd returned to profitability in the December quarter of FY26, reporting a net profit of INR 130.62 crore after posting a loss in the same period last year. The improvement was supported by stronger operating EBITDA, steady growth in sales volumes, and higher overall income. Revenue from operations rose over 13 per cent year-on-year, while operating EBITDA increased by more than 31 per cent. The company also reported an exceptional loss linked to the implementation of new Labour Codes, even as expenses remained largely under control.Read more
09 Feb 2026
Tata Power has recorded its 25th consecutive quarter of PAT growth, posting INR 1,194 crore in Q3 FY26 and INR 3,702 crore for the nine-month period. Revenue and EBITDA also rose steadily, reflecting the resilience of its integrated energy portfolio across renewables, conventional power, transmission, and distribution. Key achievements include surpassing 10 GW of renewable EPC execution, over 4 GWp of rooftop solar installations, strong Odisha DISCOM performance, and World Bank-backed hydropower investment in Bhutan. These milestones highlight the company's focus on sustainable growth, clean energy expansion, and system resilience.Read more
06 Feb 2026
India and Bhutan are advancing their collaboration in the hydropower sector, focusing on key projects like Punatsangchhu-I (1,200 MW) and Punatsangchhu-II (1,020 MW) as well as the Sankosh Hydropower Project. Discussions with Union Power Minister Manohar Lal included commercial optimisation, early commissioning timelines, and long-term transmission planning through 2040. The two nations also addressed smoother approval mechanisms for power scheduling, especially during Bhutan's lean months. This step reinforces their ongoing energy partnership, aimed at improving efficiency, supporting regional electricity trade, and meeting increasing power demands in both countries.Read more
06 Feb 2026
The Confederation of Real Estate Developers' Associations of India (CREDAI) Visakhapatnam chapter has called on civic authorities to adopt a centralised approach to sewage treatment infrastructure in Visakhapatnam, highlighting concerns about the operational efficiency and safety of dispersed treatment systems in large residential complexes. CREDAI's proposal recommends community-level centralised sewage treatment plants (STPs) managed by professional agencies, with residents contributing user fees to support ongoing operation and maintenance. The association argues that such centralised facilities would ensure more effective wastewater treatment, strengthen environmental compliance, and reduce the risk of untreated effluent release. The move comes at a time when Visakhapatnam's expanding urban footprint and uneven sewerage network underline the need for enhanced sanitation infrastructure as part of sustainable city development. CREDAI says robust wastewater management is crucial for long-term livability and public health in the city.Read more
05 Feb 2026
India's Economic Survey 2025-26 has identified wastewater treatment as a potentially transformative economic opportunity, estimating that systematic investment in the sector could unlock a market worth approximately INR 3.2 lakh crore by 2047. The survey highlights that enhanced wastewater processing — across municipal and industrial streams — can generate significant economic value through job creation, technology deployment and recycled water supply for agriculture and industry. It also emphasises the environmental and public health benefits of improved water reuse systems amid growing urbanisation and water scarcity. Policy focus on incentives, public-private partnerships and scalability of treatment infrastructure is seen as key to realising this potential. The survey's findings underline the importance of wastewater management not only as an environmental imperative, but also as a strategic growth engine for the economy over the long term.Read more
05 Feb 2026
Aypa Power has arranged a USD 1.5 billion warehouse facility financing to accelerate the construction of utility-scale energy storage projects in the US. The facility allows the company to fund multiple battery storage projects at various stages without relying on separate financing for each asset. The move highlights growing lender confidence in large-scale energy storage as grid operators increasingly depend on batteries to manage renewable energy integration, peak demand, and grid stability. Warehouse facilities are becoming a preferred tool for developers scaling storage portfolios.Read more
05 Feb 2026
Hindustan Aeronautics Limited (HAL) and Russia's United Aircraft Corporation (UAC) have entered a joint venture to manufacture Sukhoi SJ 100 regional jets in India, boosting domestic aircraft production. HAL will hold local certification, manufacturing, and sales rights while UAC provides technical support and design expertise. Additionally, UAC will supply six Ilyushin Il 114-300 turboprop aircraft to Indian firm Flamingo Aerospace, with guidance to enhance assembly, maintenance, and infrastructure capabilities. This move reflects a long-term effort to strengthen India's aviation manufacturing, regional connectivity, and technology transfer initiatives.Read more
04 Feb 2026
United Aircraft, a Shenzhen-based Chinese drone manufacturer, is preparing for an initial public offering in Hong Kong or mainland China around 2027 or 2028 to fund research, development, and expansion. The company, which raised over 3 billion yuan (around USD 432 million) in 2023 and is valued at more than 10 billion yuan, aims to increase drone deliveries from over 3,000 in 2025 to about 10,000 this year. It is also ramping up international sales, with exports to Cambodia and France, and expects overseas revenue to reach roughly 30 per cent of total sales within a few years.Read more
04 Feb 2026
Global logistics major AP Moller-Maersk has held discussions with the Uttar Pradesh government on expanding its operations in the state, where it has been present for over two decades. The talks focused on logistics infrastructure, policy support, land availability and connectivity. State officials highlighted Uttar Pradesh's expressway network, industrial corridors and single-window clearance system. Maersk representatives acknowledged the stable business environment and expressed interest in evaluating fresh investment opportunities, indicating continued confidence in the state's logistics and industrial growth potential.Read more
03 Feb 2026
The Union Ministry of Environment, Forest and Climate Change has issued the Solid Waste Management Rules, 2026, set to take effect from April 1, 2026. The rules mandate segregation of waste at the source into wet, dry, sanitary, and special care waste. Bulk waste generators entities with large floor areas, high water usage, or significant daily waste output are required to ensure proper collection, transport, and processing. The regulations adopt circular economy principles, Extended Producer Responsibility, and levy environmental compensation under the 'Polluter Pays' principle. Central and state boards will provide guidelines and enforce compliance.Read more
01 Feb 2026
LML Realty has progressed the development of its 35-acre LML Industrial Park, positioning the project as a systems-driven industrial ecosystem aimed at supporting manufacturing-led growth and MSMEs. The industrial park is being planned with infrastructure, utilities, compliance and governance delivered ahead of manufacturing activity, with the objective of reducing operational friction and lowering long-term costs for enterprises. Over the next five years, the project is expected to enable cumulative factory-level investments exceeding INR 1,000 crore across more than 50 units and support employment for over 7,000 people through direct and indirect industrial activity. Developed in collaboration with the Government of Haryana under the PADMA Scheme, the park aligns with national and state manufacturing priorities by creating ready-to-operate environments that allow enterprises to focus on production, scaling and job creation.Read more
30 Jan 2026
RDB Infrastructure and Power has announced that its board will consider a proposal to list the company's equity shares on the National Stock Exchange, in addition to its existing listing on the BSE. The decision will be taken at a board meeting scheduled early next week. The development comes at a time when the diversified RDB Group is expanding its presence in the renewable energy space, having recently acquired a majority stake in a solar-focused entity. The company reported moderate revenue and profit growth during the first half of FY26, reflecting steady performance across its business verticals. With operations spanning power, infrastructure, logistics, retail and real estate, the proposed NSE listing is expected to improve market visibility and access to a wider investor base as the group strengthens its footprint in clean energy.Read more
30 Jan 2026
KPI Green Energy has commenced electricity supply from its 200 MW solar power project in Gujarat after achieving grid synchronisation. The grid-connected project, with a capacity of 200 MW AC and 240 MW DC, has begun injecting power into the state grid. It was awarded by Gujarat Urja Vikas Nigam Limited through a competitive bidding route. The commissioning strengthens KPI Green Energy's renewable portfolio and supports Gujarat's efforts to expand clean energy capacity, reinforcing the state's position as a key hub for solar power development in India.Read more
29 Jan 2026
Essar Green Mobility is planning to deploy 30,000 LNG and electric trucks across India, supported by a nationwide network of 100 alternative fuel and charging hubs. The initiative aims to reduce freight-related emissions by around one million tonnes annually. Backed by USD 275 million in equity funding, the strategy integrates truck manufacturing, fleet operations and fuelling infrastructure. Essar is adopting a dual-fuel approach, using LNG trucks for long-haul routes and electric trucks for urban logistics, while expanding LNG and EV infrastructure across major freight corridors.Read more
29 Jan 2026
Suzlon has secured a 248.5 MW wind project order from ArcelorMittal Group, marking its fourth major order aimed at decarbonising steel production in India. Part of a larger 550 MW hybrid project at ArcelorMittal Nippon Steel facilities in Gujarat, the wind capacity will be used for captive consumption. Over the past year, Suzlon has partnered with leading steelmakers to support low-carbon steel initiatives. Both companies view the collaboration as a step toward accelerating green steel production and promoting sustainability in the Indian steel sector.Read more
29 Jan 2026
Madhya Pradesh has formalized agreements with three private firms Torrent Power, Adani Power, and Hindustan Power projects to set up new power plants with a combined capacity of 4,000 MW and investments totaling INR 60,000 crore. The projects, located in Anuppur district and developed under the DBFOO model, aim to meet the state's electricity demand entirely and create around 8,000 jobs. CM Mohan Yadav emphasised that these agreements reinforce Madhya Pradesh's sustainable development goals and its position as a preferred destination for investors.Read more
28 Jan 2026
Waaree Renewable Technologies has approved the acquisition of a 55 per cent stake in Associated Power Structures Limited for INR 1,225 crore. The acquisition aligns with WRTL's plan to create an integrated energy platform encompassing renewable generation, EPC, and critical grid infrastructure. ASPL, founded in 1996, reported a turnover of INR 1,226.64 crore and a net worth of INR 339.53 crore in FY2024-25. The deal, advised by Singhi Advisors, will transform ASPL into a WRTL subsidiary, enhancing its capabilities to support large-scale renewable energy adoption and overall operational resilience.Read more
28 Jan 2026
Godrej Industries is actively assessing acquisition opportunities in consumer goods and animal feed, despite high valuations in India's fast-growing market. Deal activity in the consumer sector has risen sharply, supported by strong economic fundamentals and investor interest. The group recently expanded its consumer portfolio through the acquisition of Muuchstac. While Godrej Agrovet continues to search for suitable animal feed targets, options remain limited. The company is also diversifying export markets amid U.S. tariff concerns and remains confident about its real estate business outlook.Read more