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Ramky Infrastructure Limited has secured an Engineering, Procurement and Construction (EPC) contract worth INR 1,401.84 crore for infrastructure development at the Dighi Port Industrial Area (DPIA) in Maharashtra. The project has been awarded by Maharashtra Industrial Township Limited (MITL), a special purpose vehicle jointly backed by the Government of India and the Maharashtra government. The contract covers Phase 1 development of Parcel B of DPIA under the Delhi-Mumbai Industrial Corridor (DMIC). The scope of work includes the development of roads, stormwater drainage systems, water treatment and distribution, sewerage networks, recycled water supply, power distribution and ICT utility ducts. The project is to be completed within 930 days, followed by a four-year operations and maintenance period, aimed at strengthening industrial infrastructure in the Raigad district.Read more
09 Mar 2026
Apraava Energy has launched operations of a 400-kV transmission line and pooling substation in Rajasthan, aiming to strengthen the state's renewable energy evacuation capacity. The 22-km Fatehgarh IV line connects to the Fatehgarh-III substation, offering 2.5 GW capacity via five 500 MVA transformers. The project is part of Phase-III Part A1 of Rajasthan's renewable energy transmission plan and is designed to improve power dispatch from Jaisalmer Barmer zones. Apraava now manages 516 km of transmission assets across five states with a combined 3.5 GW substation capacity.Read more
06 Mar 2026
Delhi-NCR based Gaurs Group has unveiled a strategic investment of INR 100 crore to establish a precast concrete manufacturing facility in Noida, Uttar Pradesh, aimed at enhancing construction capabilities and accelerating project delivery timelines. The company has signed a memorandum of understanding (MoU) with Elematic India, the Indian arm of Finland-based precast technology provider Elematic Group, in an event attended by senior dignitaries including Finland's prime minister. Spread over a roughly five-acre site, the plant will produce advanced precast concrete components such as slabs, columns, beams and walls, and is expected to be operational within about six months. Gaurs Group has also placed advance orders for modular bathrooms and kitchen pods worth around INR 150 crore to supply ongoing developments. The move represents a backward integration drive to improve quality, efficiency and construction productivity across the group's residential pipeline.Read more
05 Mar 2026
Japan and the United States are exploring the inclusion of a nuclear power project in the second phase of Japan's 550 billion USD investment package. The project is expected to involve Westinghouse and aims to strengthen energy supply chains amid ongoing Middle East tensions. Talks may be formalized when Japanese Prime Minister Sanae Takaichi meets U.S. President Donald Trump later this month. Other potential projects include a copper smelting and refining facility. Japanese companies such as Mitsubishi Heavy Industries, Toshiba, and IHI could participate, while U.S. and Japanese officials continue consultations.Read more
05 Mar 2026
MRF Ltd has signed a non-binding memorandum of understanding (MoU) with the Tamil Nadu government to invest approximately INR 5,300 crore over 12 years to establish a greenfield tyre manufacturing facility in the SIPCOT Industrial Park at Sivaganga district. The proposed plant is expected to generate direct employment for around 1,000 people. The project remains subject to approvals, including a customised incentive package, land allocation and statutory clearances from the state government. The investment reinforces Tamil Nadu's manufacturing ecosystem and expands MRF's production footprint, which currently includes about 10 facilities across India producing passenger car radial, truck and bus radial, off-the-road and two-wheeler tyres.Read more
05 Mar 2026
Baltic focused property investor EfTEN Real Estate Fund AS finalised the sale of its Latvian logistics subsidiary, EfTEN Krustpils SIA, earlier this week, receiving EUR 5.6 million in net proceeds. The business held the DSV logistics building in Riga and was sold to Latvian buyer ROLANDS S, SIA after a deal was agreed in early February and conditions were met. The transaction price was approximately EUR 500,000 above the asset's book value, and the proceeds are earmarked for future investments. This follows recent portfolio adjustments by the fund in the Baltic commercial property market.Read more
05 Mar 2026
Bandra residents in Mumbai have opposed the Maharashtra Maritime Board's (MMB) plan to introduce commercial activities along the Carter Road promenade, arguing it could compromise its public nature. Represented by IMPACT Citizens Movement for Environment and Civic Action, locals met officials to reject private partnership models for revenue generation, noting that municipal taxes should cover maintenance. They highlighted visual pollution, unequal treatment of suburbs versus South Mumbai, and the promenade's protected status. Earlier attempts to install 35 LED hoardings were halted after public objection, reflecting citizen vigilance over waterfront commercialisation.Read more
05 Mar 2026
The Maharashtra Industrial Development Corporation (MIDC) has advanced plans to acquire around 3,000 hectares of land across 14 villages in Chamorshi tehsil, Gadchiroli district to facilitate a proposed INR 1-lakh-crore steel plant by JSW Group, officials said in recent filings. The acquisition will be conducted under a pass-through model, with MIDC purchasing land from local owners and transferring it to the company, which will reimburse the costs. The site has already been earmarked for industrial use, and MIDC has submitted a formal proposal to the local sub-divisional officer ahead of issuing an acquisition notification. The proposed 25 million tonne per annum integrated steel facility first announced by JSW's managing director at a state industrial event last year is expected to significantly boost the industrial profile of Gadchiroli, attracting ancillary investments and supporting regional economic growth. Other steelmakers are also showing interest in the district, signalling broader industrial momentum.Read more
04 Mar 2026
Godawari Power and Ispat has increased its sponge iron capacity at its Raipur plant to 6.5 lakh tonnes from 5.94 lakh tonnes, with the expansion becoming operational from February 28 after regulatory approval. The plant also has a hard bright wire capacity of 1.15 lakh tonnes. Sponge iron serves as a crucial raw material for steel production in Electric Arc Furnaces and Induction Furnaces, while HB wire is used in nails, fasteners, and construction applications. The company has not shared any financial details regarding the expansion.Read more
04 Mar 2026
The National Green Tribunal has upheld an environmental damage compensation of INR 122.05 crore imposed on 337 ceramic manufacturing units operating in the Morbi Wankaner industrial cluster in Gujarat for the illegal use of coal gasifiers. The penalty, levied by the Gujarat Pollution Control Board (GPCB), relates to prolonged non-compliance with directions requiring ceramic units to shift from coal gasifiers to cleaner fuel alternatives such as piped natural gas. In the past week, the NGT dismissed appeals filed by the units challenging the levy on procedural grounds, including the absence of individual show-cause notices and hearings. The tribunal held that the regulator's methodology for calculating and apportioning the compensation was legally sound. The ruling reinforces the applicability of environmental compliance norms in industrial clusters with high pollution intensity.Read more
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03 Mar 2026
Arkel India has invested INR 100 crore in establishing a new advanced manufacturing facility for lift electronic and control systems in Savli-Manjusar, Vadodara district of Gujarat, aimed at bolstering domestic production and reducing reliance on imports. The single-shift plant covers about 1,35,000 sq ft and, once operational, will have an annual production capacity of around 36,000 units, including automated PCB assembly and integrated lift control systems suited to machine-room (MR), machine-room-less (MRL) and slim panel applications. The facility aligns product standards with Indian regulatory norms and positions India as a potential export base for select Asia-Pacific markets. The move follows the January 2025 acquisition of Turkey-based Arkel by Sweden-headquartered Innovalift AB and is expected to generate direct and indirect jobs, including apprenticeships with technical institutes. The plant caters to the rapidly growing elevator market driven by urbanisation and infrastructure expansion.Read more
03 Mar 2026
Maruti Suzuki India Limited has secured registration under Verra's Verified Carbon Standard (VCS) for its in-plant railway siding at the Gujarat manufacturing facility, making it the world's first modal shift transportation project to receive this recognition. By shifting vehicle dispatches from road to rail, the company expects to generate nearly 1.7 lakh carbon credits over a 10-year crediting period. Operational since early 2023, the siding has already dispatched over six lakh vehicles and supports emission reduction goals under internationally accepted carbon accounting standards.Read more
01 Mar 2026
Patna will soon have Bihar's largest sewage treatment plant with a capacity of 400 million litres per day (MLD) to reduce untreated discharge into the Ganga. The project follows directions issued during a recent Namami Gange review meeting in Delhi. The Bihar Urban Infrastructure Development Corporation (Buidco) has begun site surveys between Danapur and Patna City. The plant will connect major drains across the city and may be built as one 400 MLD unit or two 200 MLD units. The move is part of Bihar's broader plan to expand sewage treatment capacity across Ganga towns.Read more
01 Mar 2026
The Municipal Corporation of Gurugram (MCG) has approved new regulatory measures that introduce a two-stage verification system for construction and demolition (C&D) waste management, aimed at tightening oversight and curbing illegal disposal that contributes to pollution and roadside dumping. Under the system, builders and developers must account for anticipated waste at the planning stage and again before obtaining an occupancy certificate, submitting proof of disposal through authorised channels. Municipal bodies will be required to establish authorised waste drop-off points within every 5 km 5 km grid, and environmental compliance will be tracked using a digital system featuring GPS and geo-tagging. The Haryana State Pollution Control Board (HSPCB) will enforce the requirements and impose penalties for violations. The measures reflect broader efforts to align city practices with national waste-management directives and stem mounting concerns about unregulated debris disposal and its impact on air quality and urban liveability.Read more
28 Feb 2026
Delhi has operationalised its first dedicated green waste processing plant near ITO to handle horticulture waste generated from road maintenance and public landscaping. The facility will process branches, shrubs and pruning residue into compost for reuse in government gardens and green belts. The move follows repeated complaints about waste piling up along roadsides. Similar units are being developed in multiple locations, and more are planned across districts. Authorities said the initiative will reduce dumping, cut transport costs and improve maintenance of public spaces.Read more
28 Feb 2026
Groundwork has started for a INR 1,200 crore e-methanol plant at Kandla Port in Gujarat, marking India's first port-based facility of this kind. The project is being developed by Assam Petro-Chemicals Limited in partnership with Deendayal Port Authority. The proposed unit will have a capacity of 150 tonnes per day and will come up on 150 acres of allotted land. The plant is expected to generate around 3,500 direct and indirect jobs and support the use of cleaner fuels in shipping and industry.Read more
27 Feb 2026
Uttar Pradesh Chief Minister Yogi Adityanath signed MoUs worth INR 11,000 crore with Japanese companies, including Kubota, Minda Corporation, JAE, Nagase & Co., Seiko Advance, O&O Group, Fuji Japanese JV, and Fujisilvertech Concrete. The agreements span sectors such as agricultural and industrial machinery, automotive components, electronics, water and environmental infrastructure, industrial printing, and hospitality. Officials stated the deals are expected to boost manufacturing capacity and advance collaboration between India and Japan. Companies like Kubota, Minda, and JAE bring expertise in machinery, automotive electronics, and aerospace components, while O&O will focus on hospitality and real estate.Read more
27 Feb 2026
NTPC and MAHAGENCO have completed the acquisition of Sinnar Thermal Power, which was undergoing insolvency proceedings. The plant, located in Sinnar, Nashik, has a total capacity of 1,350 MW. While the transaction value remains undisclosed, the completion adds significantly to NTPC's capacity, bringing its total installed capacity to 88,132 MW and commercial capacity to 87,052 MW. The move aligns with NTPC's growth strategy in Maharashtra and strengthens its coal-based generation portfolio, ensuring better support for power supply across the state and the country.Read more
27 Feb 2026
Avadh Steel, alongside associated promoters, has proposed an investment of approximately INR 6,000 crore to establish a modern integrated steel plant in Bihar, signalling a major industrial infusion into the state's manufacturing landscape. The proposal was discussed during a meeting between company representatives, including Managing Director Deepak Agarwal, and the Bihar Industries Minister, emphasising the plant's potential to leverage advanced production technologies and contribute to employment generation. The proposed facility is expected to be located along the Gaya-Dobhi industrial corridor, a strategic growth axis that has seen cumulative industrial land acquisition and government efforts to promote sectoral investment. Officials have indicated the investment could accelerate local economic activity, support ancillary industries and boost Bihar's standing as a manufacturing destination, although detailed land allocation and clearances are still under consideration.Read more
26 Feb 2026
Ascendas Firstspace has acquired 9 lakh sq ft of warehousing and industrial space at Bavla, Ahmedabad, from Crystal Group for approximately INR 275 crore, marking its entry into the Gujarat market. The transaction was facilitated by AARE Consulting and structured as a forward purchase, with development and asset transfer to take place in phases over the next 18 months in line with construction milestones. The acquisition strengthens Ascendas Firstspace's western India portfolio and aligns with its strategy of expanding across infrastructure-backed industrial corridors witnessing rising demand from manufacturing, e-commerce and third-party logistics occupiers. The asset is expected to add institutional-grade supply to a market that has seen growing occupier interest amid Gujarat's expanding industrial and logistics ecosystem.Read more
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