24 Apr 2026

UltraTech Cement has commissioned three cement grinding units in Shahjahanpur (Uttar Pradesh), Patratu (Jharkhand) and Visakhapatnam (Andhra Pradesh), taking its total capacity to over 200 million tonnes per annum (MTPA). The milestone positions the Aditya Birla Group company as the largest cement producer outside China. The expansion comes amid sustained infrastructure and construction demand across India. The company has outlined plans to scale capacity further to 240 MTPA by FY28 with an investment of INR 16,000 crore. UltraTech’s growth has been driven by a mix of organic expansion and acquisitions, with strong demand support from rural markets and large public infrastructure projects.Read more

24 Apr 2026

A group of global lenders is preparing to extend about USD 600 mn in financing for Brookfield’s 1.04 GW hybrid renewable energy project in India. The project is being developed through its Evren platform in partnership with Axis Energy and combines wind, solar, and battery storage to provide firm power output. Spread across Andhra Pradesh and Rajasthan, it has secured long-term power agreements, including a supply arrangement with NTPC Ltd. The financing adds to earlier domestic debt support and strengthens funding for large-scale renewable expansion.Read more

24 Apr 2026

Global clean energy generation exceeded electricity demand growth in 2025, with renewables accounting for over one-third of total power supply for the first time, according to Ember. Clean generation rose by 887 terawatt hours against demand growth of 849 terawatt hours, led by strong solar expansion in China and India. Solar alone met nearly three-quarters of incremental demand, while combined solar and wind generation accounted for almost all of it. Coal’s share fell below one-third of global generation, and fossil fuel output declined marginally. The report also highlighted rapid growth in battery storage, alongside declining costs, enabling better utilisation of solar energy. The shift indicates a structural transition in global power systems, with renewables increasingly meeting incremental demand.Read more

24 Apr 2026

Brookfield-backed renewable platform Evren has secured approximately USD 600 million from a consortium of global lenders to fund a 300 MW firm and dispatchable renewable energy (FDRE) project across Andhra Pradesh and Rajasthan. The project, backed by a power purchase agreement with NTPC, integrates solar, wind and battery storage to deliver stable clean energy supply. Scheduled for commissioning in 2027, it is expected to generate around 2,400 GWh annually and offset over 1.5 million tonnes of CO emissions each year. The funding consortium includes Standard Chartered Bank, MUFG, SMBC, DBS Bank, Crédit Agricole CIB and BNP Paribas, reflecting increasing institutional interest in India’s hybrid renewable infrastructure.Read more

24 Apr 2026

Larsen & Toubro has entered into a long-term agreement with Japan’s ITOCHU Corporation to supply 3 lakh tonnes of green ammonia annually from its proposed facility in Kandla, Gujarat. The deal strengthens India’s position in the global green fuel supply chain and supports maritime decarbonisation efforts. The project is expected to position Kandla as a key export hub while advancing adoption of low-carbon fuels in international shipping markets.Read more

24 Apr 2026

The Gurugram Metropolitan Development Authority (GMDA) is planning to develop around 3.5 km of service roads along the Southern Peripheral Road (SPR) to address rising traffic congestion and improve internal connectivity across key sectors. The proposed stretches between sectors 70–70A and 70–75 aim to segregate local traffic from through movement on the arterial corridor. The project is currently at the detailed planning stage, with approvals and tendering expected to follow. In parallel, complementary upgrades, including a missing road link and enhanced road infrastructure, are being pursued to strengthen connectivity between SPR and adjoining corridors such as Sohna Road. The initiative forms part of broader efforts to streamline urban mobility in Gurugram.Read more

Patna News Desk

24 Apr 2026

The Patna Metro depot near the New ISBT at Bairiya is approaching completion, marking a key milestone in the city’s urban transport infrastructure rollout. Spread across over 30 hectares, the facility will function as the primary operations and maintenance hub for the metro network. The depot will support train stabling, repair, testing and control functions for the priority corridor linking Patna Junction to ISBT. Its completion aligns with ongoing progress across the metro project, where sections are already operational and further expansion is underway. The development is expected to strengthen system readiness and improve execution timelines for future phases.Read more

24 Apr 2026

The Municipal Corporation of Delhi is working to secure environmental clearance for expanding the Tehkhand waste-to-energy plant to address rising waste generation. The plan aims to increase processing capacity from 2,000 to 3,000 tonnes per day and significantly boost power generation. The proposal is under review by the environment ministry’s expert panel, which has raised concerns around emissions and compliance. The expansion is part of a broader strategy to reduce landfill dependence and improve waste processing, alongside similar capacity enhancement underway at the Okhla facility.Read more

24 Apr 2026

Nipha Group has introduced its new agricultural machinery brand OneHorn as part of a broader strategy to scale operations across domestic and international markets. The Kolkata-based company aims to expand into 20 Indian states and 10 countries, including the US and select European markets, by the end of FY27. The move reflects a push towards mechanisation in India’s agriculture sector, particularly in regions with fragmented landholdings. Backed by investments of around INR 60 crore in the segment, the company is targeting rapid growth, with agri equipment revenues expected to rise from INR 60 crore to INR 100 crore in the near term. The initiative also focuses on building a strong distribution network, with a planned base of 20,000 channel partners.Read more

24 Apr 2026

JSW Steel has approved a 50:50 joint venture with South Korea-based POSCO to develop a 6 million tonne per annum (MTPA) integrated steel plant in Odisha. The project will be executed through Saffron Resources, a JSW subsidiary holding 887 acres of land. As part of the agreement, POSCO will invest INR 508.8 crore via share subscription. The proposed plant will focus on high-grade steel production, particularly for automotive and industrial applications, while strengthening technology access and manufacturing capabilities through this strategic partnership.Read more