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
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