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27 Jan 2026
Trident Realty has announced plans to invest around INR 1,200 crore to develop a large-scale integrated township in Panipat, Haryana, as part of its ongoing expansion strategy. The 125-acre project, branded as Trident Parktown, will offer a mix of residential plots, independent floors, group housing and commercial spaces, targeting end-users and investors in the region. The Gurugram-based developer has already launched the first phase of the township, introducing more than 400 residential plots with sizes starting from 200 sq yd. The company cited strong demand for plotted developments in Panipat as a key driver for the project. With this development, Trident Realty aims to strengthen its footprint beyond major metros by tapping into high-growth regional markets.Read more
21 Jul 2025
L&T Energy GreenTech Ltd, a subsidiary of Larsen & Toubro, will develop India's largest green hydrogen plant at IOCL's Panipat Refinery in Haryana. Operating under a build-own-operate model, the facility will supply 10,000 tonnes of green hydrogen annually for 25 years, advancing India's National Green Hydrogen Mission. The project will use high-pressure alkaline electrolysers manufactured at L&T's Hazira facility, supporting the Aatmanirbhar Bharat initiative. This marks a significant milestone in India's clean energy journey and underscores L&T's leadership in large-scale energy transition projects, setting the stage for broader green hydrogen adoption across key industrial sectors.Read more
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02 Jul 2025
Larsen & Toubro (L&T) has established a new wholly-owned subsidiary, Panipat Green Hydrogen Pvt Ltd, to pursue green hydrogen projects and allied activities. The move follows its earlier land acquisition in Kandla, Gujarat, for green hydrogen and ammonia development. In a parallel update, Fitch Ratings affirmed L&T's long-term foreign and local currency issuer default ratings at 'BBB+' with a stable outlook. The government's growing emphasis on green hydrogen through initiatives like the National Green Hydrogen Mission underpins L&T's strategic expansion into this space.Read more
05 Jul 2023
In a shocking revelation, a massive real estate scam amounting to INR 450 crore has been uncovered in Panipat. The illegal scheme reportedly involves Haryana Shehri Vikas Pradhikaran (HSVP) and local revenue officials. Joginder Swami, a local resident, blew the whistle on this enormous fraud, involving a 7,200 square feet commercial plot near the GT Road. Investigations are underway, and criminal proceedings against the implicated individuals are expected to follow. This incident underscores the urgency for heightened transparency and regulation within the real estate sector.Read more
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