07 Sep 2025

The Maharashtra cabinet has cleared BEST's plan to seek INR 3,400 crore from the Centre to modernize and strengthen Mumbai's electricity network. The proposal, valued at INR 3,346.29 crore, will be submitted through Power Finance Corporation under the Reforms-Based and Results-Linked Revamped Distribution Sector Scheme. The project aims to cut Aggregate Technical & Commercial (AT&C) losses, bridge the ACS-ARR gap, and deliver 24x7 affordable power. Earlier approvals in 2022 had sanctioned INR 1,649 crore for prepaid smart metering and loss-reduction works, now underway. The new funding is expected to boost operational efficiency, financial sustainability, and reliable electricity access for Mumbai consumers.Read more

07 Sep 2025

Adani Power has raised its thermal capacity expansion target to 41 GW by 2032, the largest plan announced by a private player in India's power sector. The revised goal, up from 30 GW earlier, adds 11 GW and supports the government's push to expand thermal capacity by 80 GW by FY32. The new addition, requiring INR 1.8 lakh crore investment, will be largely funded through internal accruals, with INR 1.12 lakh crore expected to be available for capex over six years. Adani has already placed advance BTG equipment orders for 23,720 MW, giving it a competitive edge. Its current portfolio stands at 18,150 MW across six states.Read more

06 Sep 2025

The Maharashtra government has cleared the INR 6,500-crore New Nagpur project, aimed at setting up a hi-tech business and finance hub in Hingna taluka. Spread across 692 hectares in Godhni and Ladgaon, it will feature an International Business and Finance Centre and is being implemented by the Nagpur Metropolitan Region Development Authority (NMRDA) with NBCC (India) Ltd as consultant. Of the total outlay, INR 3,000 crore will be used for land acquisition and INR 3,500 crore for Phase I development, funded by a HUDCO loan backed by the state government.Read more

06 Sep 2025

The Maharashtra cabinet, led by Chief Minister Shri Devendra Fadnavis, approved an extensive set of infrastructure, welfare and policy measures in its recent meeting. Key clearances included new metro corridors across Mumbai, Pune and Nagpur, suburban rail expansion, and the creation of an international business hub in Nagpur. Major investments were also sanctioned for roads, rail corridors, and the Bombay High Court complex. Additionally, decisions on enhanced financial aid for disabled beneficiaries, revised energy policies and new tribal education schemes were finalised.Read more

06 Sep 2025

The Coimbatore metro, a forty-kilometre project estimated at INR 10,740 crore, is in the final stage of preparing its Land Plan Schedule. CMRL has completed primary mapping and submitted it for approval, while secondary planning to identify properties and land requirements is underway. Asset valuation and verification will follow, expected to conclude within two months. An urgent plan for a 1.4 km stretch has revised road width to thirty metres, requiring private and government land. Technical surveys have been validated, and studies on a possible double-decker line on Avinashi Road are ongoing.Read more

05 Sep 2025

Amazon has unveiled plans to significantly expand its infrastructure in India, citing expectations of increased festive demand supported by the GST rate cut. The company announced an investment of INR 2,000 crore in 2025 for nationwide network growth, including fulfilment centres, sortation hubs, and delivery stations. This expansion will increase storage capacity, strengthen last-mile delivery, and enhance customer experience, particularly in West Bengal where new facilities have been introduced.Read more

05 Sep 2025

The Union Minister Ashwini Vaishnaw inaugurated a lithium-ion battery manufacturing plant of Japanese firm TDK Corporation in Sohna, Haryana, with an initial investment of around INR 3,000 crore. The factory will produce about 20 crore battery packs annually for mobile phones, laptops, and wearable devices, meeting nearly 40% of India's yearly requirement of 50 crore cell packs. The facility, spread over approximately 180 acres, is expected to generate employment for over 5,000 people. Production will begin on a small scale later this year and gradually expand according to demand.Read more

04 Sep 2025

The Union Road Transport and Highways Ministry held a consultation workshop earlier this week, chaired by Minister Shri Nitin Gadkari, to deliberate on innovative policy measures aimed at improving urban connectivity. The discussions focused on building ring roads, bypasses, and elevated corridors to reduce congestion on National Highways passing through growing cities. Officials and dignitaries also considered sustainable financing models, state participation, and amendments to existing laws for smoother land acquisition and project execution.Read more

04 Sep 2025

The Maharashtra cabinet approved multiple major infrastructure and transport projects across the state, including the Wadala-CSMT-Gateway of India Metro Line in Mumbai, a ring metro in Thane, Pune Metro extensions, and Nagpur Metro Phase-II. State participation in suburban rail expansions and the Pune-Lonavala third and fourth line project was finalized, with local bodies also contributing funds. Social welfare schemes for persons with disabilities were enhanced, and policies on fly-ash use, labor law amendments, and scholarships for Scheduled Tribes were approved. Key developments in Thane and Nagpur, including elevated corridors and an IBFC, were also cleared.Read more

04 Sep 2025

ACME Solar Holdings has been awarded a 50 MW Firm and Dispatchable Renewable Energy project by Tata Power-D under a 250 MW FDRE tender at a tariff of INR 4.43 per unit. The project will combine solar power with Battery Energy Storage System technology to maintain a minimum 40 per cent annual CUF and provide four hours of peak-hour supply with 90 per cent monthly availability. Scheduled to be commissioned within 24 months under a 25-year PPA, the project strengthens ACME Solar's 2,890 MW portfolio and highlights its focus on reliable, hybrid renewable energy solutions.Read more