31 Aug 2025

In a major move to boost India's clean energy transition, the Ministry of New & Renewable Energy (MNRE) and the Indian Wind Turbine Manufacturers Association (IWTMA) have agreed to establish dedicated task forces. The decision, made at a high-level roundtable, aims to expedite project execution and streamline policies to meet India's ambitious goal of 100 GW of wind energy by 2030. These task forces will address key challenges, including land acquisition and grid integration issues, with a focus on positioning India not only to meet its targets but also to become a global hub for wind energy manufacturing.Read more

31 Aug 2025

The board of ACME Solar Holdings has given its nod to a proposal to raise up to INR 3,000 crore in a phased manner. The capital will be raised through the issuance of various equity-linked instruments, including qualified institutional placement (QIP) or a further public offer (FPO), to support the company's ongoing and future projects. The decision, which is subject to shareholder approval at the upcoming AGM on September 29, 2025, positions ACME to capitalize on the increasing demand for clean energy and accelerate the execution of its substantial project pipeline in solar, wind, and hybrid energy solutions.Read more

30 Aug 2025

Akash Tripathi, a 1998-batch IAS officer, has been officially appointed as the new Managing Director of the Solar Energy Corporation of India (SECI). The appointment, approved by the Appointments Committee of the Cabinet, places him in a pivotal role with the rank of Additional Secretary to the Government of India. With a background in digital governance and public administration, Tripathi is tasked with leading SECI's efforts in emerging sectors such as green hydrogen, energy storage, and green energy projects. This move is designed to provide dedicated leadership for the execution and delivery of key national renewable energy initiatives.Read more

30 Aug 2025

Markolines Pavement Technologies, a Mumbai-based highway solutions company, has secured a significant INR 100 crore order from Trans Metalite India for road maintenance in Andhra Pradesh. The five-year contract involves patch repair works, solidifying Markolines' position in the infrastructure sector. This latest win, coupled with other recent contracts valued at nearly INR 97.47 crore, boosts the company's unexecuted order book to over INR 400 crore. The new order highlights a growing focus on the maintenance and rehabilitation of existing road networks, a crucial aspect of India's continued infrastructure push.Read more

30 Aug 2025

Jakson Engineers has announced a major investment of over INR 8,000 crore to establish a 6 GW integrated solar manufacturing plant in Madhya Pradesh. This two-phase project, the largest of its kind in the state, will manufacture solar modules, cells, and wafers. The decision to invest was influenced by the state's progressive renewable energy policies, which include significant incentives and a commitment to green manufacturing. The plant, which is set to begin production by May 2026, will play a crucial role in bolstering India's domestic solar supply chain and creating over 1,400 jobs once operational.Read more

29 Aug 2025

Adani Power has received a Letter of Award (LoA) from Bihar State Power Generation Company Ltd (BSPGCL) to construct a new 2,400 MW ultra-supercritical thermal power plant in Pirpainti, Bihar. The project, with a total investment of USD 3 billion (approx. INR 26,340 crore), will supply power to two state utilities for 25 years. This development follows a competitive bidding process where Adani Power offered the lowest tariff of INR 6.075 per kWh. The company estimates the project will create up to 12,000 jobs during the construction phase and a further 3,000 jobs once operational, playing a crucial role in meeting India's escalating power demand.Read more

29 Aug 2025

Property prices rose in 45 out of 50 cities during the first quarter of the 2025-26 financial year, as per data released by the National Housing Bank (NHB). The Housing Price Index showed an annual increase of 5.7 per cent, although slightly lower than the 6.6 per cent growth seen a year earlier. Major markets including Bengaluru, Chennai, Mumbai, and Pune witnessed steady appreciation, while a few cities such as Howrah, Kochi, and Thiruvananthapuram recorded notable declines.Read more

29 Aug 2025

Indian Hotels Company Ltd (IHCL) announced the signing of a 125-key greenfield Ginger hotel in Satara, Maharashtra, earlier this week. The company highlighted Satara's growing prominence as a hub for education, healthcare, and business, which has driven consistent demand for hospitality services. With this signing, IHCL has further strengthened its Ginger brand and will now have 43 hotels in Maharashtra, of which 16 are still under development.Read more

29 Aug 2025

Sunsure Energy has signed a landmark 15-year agreement with NTPC Vidyut Vyapar Nigam Ltd (NVVN) to supply 500 MWh of peak power from a Battery Energy Storage System (BESS), with Uttar Pradesh Power Corporation Ltd (UPPCL) as the end procurer. The agreement is the first of its kind in India, with billing based on a fixed tariff per unit of discharged energy rather than a fixed monthly rate. Sunsure will build, own, and operate the system at the Garautha substation in Jhansi, providing 4 hours of on-demand clean energy during peak hours, marking a historic shift in the country's energy storage ecosystem.Read more

29 Aug 2025

Power Mech Projects has secured a significant order valued at INR 370.84 crore (excluding GST and BOCW Cess) from Mahan Energen Ltd, a subsidiary of Adani Power Ltd. The contract is for the execution of civil works and the erection of prefabricated structural steel for the Mahan Phase-III project in Singrauli, Madhya Pradesh. The scope of work for the 2 x 800 MW power plant includes critical components such as the boiler turbine generator (BTG) units, main powerhouse, and other ancillary systems. The project is scheduled for completion within a 30-month timeframe, marking a key development for both companies in India's power and infrastructure sectors.Read more

29 Aug 2025

SAEL Industries has announced the commissioning of its maiden solar power project in Rajasthan, spread across more than 1,000 acres in Jalore district. Developed through subsidiary Sunfree Energy RJP1 Pvt Ltd, the project carries a capacity of 200 MW in Alternate Current and 298 MW in Direct Current. The company had signed a 25-year Power Purchase Agreement with Rajasthan Urja Vikas and IT Services Ltd at a tariff of INR 2.61 per kWh.Read more

28 Aug 2025

An international delegation from the Asian Development Bank (ADB) paid a study visit to Navi Mumbai Municipal Corporation (NMMC) earlier this week to review the city's urban development practices and innovative solid waste management systems. The visit, facilitated by the Ministry of Housing and Urban Affairs, included detailed presentations on infrastructure, sustainability initiatives, and future roadmaps, as well as site visits to pioneering projects such as textile recycling facilities, nature parks, and advanced water treatment plants.Read more

28 Aug 2025

The first trial coaches for Mumbai Metro Line 4 were placed on tracks near Anand Nagar, Thane, on August 25, 2025, marking the project's final phase. Trial runs are set to begin in September, with the Yellow Line-running from Wadala to Kasarvadavali-expected to open to the public next year. Deputy CM Shri Eknath Shinde confirmed that work on Thane's underground internal metro line, linked to Line 4, is also progressing. The trial coaches, supplied under a BEML-L&T Alstom JV contract, will test systems before final trains arrive. The first operational stretch, a 10.5-km segment with 10 stations, will open in February 2026.Read more

28 Aug 2025

The Kolkata Municipal Corporation has decided to monitor reconstructed houses in Durga Pituri Lane and nearby areas for ten years to address concerns about possible damage caused by metro operations. The move comes after residents expressed fears of recurring structural failures, while councillors urged the creation of a dedicated monitoring cell and experts from Jadavpur University were brought in to ensure construction quality and safety.Read more

28 Aug 2025

The Maharashtra State Road Development Corporation (MSRDC) has drawn up plans to install a hybrid power generation system, combining solar panels and wind turbines, along the 701-km Samruddhi Expressway. The initiative, led by a new special purpose vehicle, Mahasamruddhi Renewable Energy Limited, is planned to generate 150-200 MW of power. This move aims to reduce electricity costs for the expressway's operations and make it an energy-efficient "green corridor," contributing to the state's overall goal of adding 17,360 MW of renewable energy by 2030.Read more

27 Aug 2025

The Gujarat government has sanctioned a grant of INR 489.95 crore for the construction of 2,055 new gram panchayat buildings under the Gram Panchayat Ghar cum Talati-Mantri Awas Yojana. The funds will be distributed according to village population, with larger villages receiving higher allocations. The initiative is aimed at ensuring all panchayats have dedicated buildings, strengthening rural governance infrastructure.Read more

27 Aug 2025

The Uttar Pradesh government has approved the unified, GIS-based Master Plan 2031 for the Ghaziabad region, following a seven-year drafting process. This comprehensive roadmap for urban growth, covering 33,543 hectares, focuses on Transit-Oriented Development (TOD) and Special Development Areas (SDA). The plan is designed to accommodate a projected population of 64 lakh by 2031 and is expected to spur both residential and commercial development. This initiative is a strategic move to reposition Ghaziabad as a self-sustaining growth hub, aiming to address the city's housing and infrastructure needs.Read more

27 Aug 2025

Prime Minister Shri Narendra Modi on August 22, 2025, inaugurated new stretches of the Green, Orange, and Yellow metro lines in Kolkata, marking a significant push for urban infrastructure. The projects, worth over INR 5,200 crore, are expected to transform the city's commute by directly linking the airport to major railway hubs and IT corridors. This expansion is projected to spur residential and commercial real estate growth in eastern and southern Kolkata, with experts forecasting a property value appreciation of at least 5% in the metro-linked micro-markets.Read more

27 Aug 2025

The Bangalore Development Authority (BDA) has initiated a global tender for the Revised Master Plan 2041 (RMP-2041) to address Bengaluru's growing urban challenges. This comes after the previous RMP-2031 was shelved amid criticism over scientific and planning gaps. The new plan focuses on managing population growth, urban sprawl, traffic congestion, and sustainable development. A high-resolution 3D drone survey is underway, covering 1,240 square kilometers, to provide detailed spatial insights. The plan emphasizes transit-oriented development and better infrastructure alignment, with completion targeted by mid-2026.Read more

26 Aug 2025

On Gadchiroli's 43rd foundation day, Maharashtra Chief Minister Shri Devendra Fadnavis pledged to transform the district into a development hub, highlighting progress in reducing Maoist influence and boosting infrastructure, education, and employment. He noted that nearly half the district is now Maoism-free, with initiatives like Police Dadalora Khidki helping tribal communities access government schemes. Plans include turning Gadchiroli into India's "steel city" with INR 1 lakh crore investments from companies like Lloyds Metals and JSW in Surjagarh's iron ore reserves. Education reforms include affiliating colleges with Gondwana University and launching the Ek Gaon, Ek Granthalaya scheme, establishing 71 libraries for 8,000 students.Read more