13 May 2026
• Industrial Logistics Properties Trust said its Mountain JV entered into a USD 1.62 billion mortgage loan agreement secured by 90 industrial and logistics properties, according to an SEC filing.
• The financing transaction is expected to support the joint venture’s capital management and liquidity plans amid continued activity in the industrial real estate sector.
• Demand for logistics and warehousing assets has remained steady globally, driven by e-commerce growth, supply chain expansion and long-term distribution requirements.Read more
12 May 2026
CleanMax and Apple have entered into a strategic partnership to invest INR 100 crore in renewable energy projects across India targeting the commercial and industrial segment. The collaboration is aimed at accelerating deployment of clean energy infrastructure and supporting decarbonisation initiatives among corporate users. According to the companies, the investment will support development of scalable renewable energy assets aligned with long-term carbon reduction objectives and corporate sustainability commitments. The partnership also supports Apple’s broader carbon neutrality targets while strengthening CleanMax’s position as a renewable energy provider for industrial and commercial consumers across India and other international markets.Read more
12 May 2026
Adani Green Energy Ltd (AGEL) has incorporated two new step-down subsidiaries through its wholly owned arm Adani Renewable Energy Sixty Four Limited as part of its renewable energy expansion strategy. The newly formed entities — ARE64L Step-One Renewable Energy Limited and ARE64L Step-Two Renewable Energy Limited — will focus on power generation using renewable energy sources. The development forms part of AGEL’s broader portfolio expansion across utility-scale clean energy projects in India. The company, a part of the Adani Group, operates across solar, wind, hybrid and energy storage segments. The announcement comes as renewable energy developers continue to expand project pipelines amid rising investments in clean power infrastructure and India’s long-term energy transition targets.Read more
12 May 2026
Recove Ventures Pvt Ltd has signed a 10-year memorandum of understanding with the Maharashtra government to invest more than INR 500 crore in building a large-scale plastic recycling and circular manufacturing ecosystem across the state. The agreement, announced in Mumbai in the past week, covers investments in waste processing, recycling, material recovery, aggregation and related manufacturing activities. In the first phase, the company plans to establish capacity to process 5,000 tonnes of plastic waste per month, with a long-term target of scaling operations to 100,000 tonnes annually. The initial project under the partnership will be an advanced high-density polyethylene (HDPE) and polypropylene (PP) recycling facility at Additional Jalgaon MIDC, involving an investment of over INR 35 crore. The facility is expected to become operational by the end of 2026 and generate both direct and indirect employment in the region.Read more
11 May 2026
Newmark Group recently facilitated the sale of a major industrial redevelopment opportunity in Newark on behalf of Anheuser-Busch. The transaction, valued at USD 360 million, highlights the continued demand for large industrial and logistics assets across key US markets. Newark remains one of the country’s most important warehousing and distribution hubs because of its connectivity to ports, highways and dense population centres. The deal also reflects the growing trend of industrial redevelopment in urban locations where older manufacturing sites are being repositioned for modern logistics and supply chain requirements.Read more
11 May 2026
Waaree Renewable Technologies has signed definitive agreements to acquire a 55 per cent stake in Associated Power Structures Pvt Ltd for INR 1,225 crore. The acquisition, which includes both purchase of existing shares and fresh issuance of securities, is now expected to be completed by June 15, 2026 due to procedural formalities. Once the transaction is completed, Associated Power Structures will become a subsidiary of Waaree Renewable Technologies. The move is expected to strengthen Waaree Renewable’s presence in the power and infrastructure segment as the company continues to expand its renewable energy and EPC business portfolio.Read more
11 May 2026
Reliance Industries Ltd is set to undertake a scheduled maintenance shutdown at part of its Jamnagar refinery complex in Gujarat later this month, with the exercise expected to continue for three to four weeks. The shutdown will involve a crude distillation unit and certain secondary processing units at the company’s 660,000 barrels-per-day refinery catering primarily to the domestic fuel market. The maintenance programme is being staggered alongside refinery operations at Nayara Energy to avoid disruption in domestic fuel availability amid geopolitical uncertainty in West Asia and pressure on global shipping routes. Government officials stated that refinery shutdowns across India are being coordinated to ensure uninterrupted supplies of petrol, diesel and LPG while maintaining operational safety and equipment reliability.Read more
11 May 2026
Royal Enfield will invest INR 2,200 crore to establish a motorcycle manufacturing facility and vendor park at Satyavedu in Andhra Pradesh’s Tirupati district, marking the company’s first major manufacturing expansion outside Tamil Nadu. The proposal was approved by the State Investment Promotion Board chaired by N. Chandrababu Naidu earlier this week. The project is expected to generate around 5,000 direct and indirect jobs while adding nearly nine lakh units to the company’s production capacity. The development includes a dedicated vendor ecosystem aimed at strengthening automobile manufacturing activity in southern Andhra Pradesh and supporting creation of a larger industrial cluster near the Andhra Pradesh–Tamil Nadu border.Read more
10 May 2026
The Union Cabinet has approved two semiconductor manufacturing projects in Gujarat under the India Semiconductor Mission, with a combined investment of around INR 3,936 crore. The projects include a Mini/Micro-LED display manufacturing facility and a semiconductor packaging unit, expected to generate over 2,200 jobs. With these approvals, the total number of semiconductor projects in India has increased to 12, attracting investments of about INR 1.64 lakh crore. The move is aimed at strengthening India’s semiconductor ecosystem and supporting growing demand across sectors such as electronics, automotive, and industrial systems.Read more
10 May 2026
Ambuja Cements, part of the Adani Group, reported a nearly threefold rise in quarterly profit, supported mainly by a significant tax credit and record-high cement sales volumes. The company saw strong demand from infrastructure activity, pushing sales to its highest-ever quarterly level. Revenue also grew modestly during the period. However, rising input costs such as fuel, diesel, and packaging impacted margins. While industry demand showed steady growth during the quarter, analysts expect moderation ahead due to seasonal factors and broader geopolitical concerns affecting cost structures and demand outlook.Read more
10 May 2026
India’s large-scale infrastructure expansion is increasingly driving corridor-led urban and industrial development as the country advances towards its Vision 2047 growth roadmap. Major transport and industrial projects including the Delhi-Mumbai Industrial Corridor, Dedicated Freight Corridors, Regional Rapid Transit System and expressway networks are reshaping economic activity across multiple regions. These infrastructure corridors are supporting industrial clustering, logistics growth, planned urbanisation and emerging residential ecosystems beyond traditional metropolitan centres. Alongside manufacturing and freight movement, developers are also identifying opportunities in hospitality, tourism, farmhouse communities and integrated townships near key transport corridors. The Delhi-Mumbai Expressway and the Delhi-Mumbai Industrial Corridor, in particular, are influencing development patterns across parts of Rajasthan, Gujarat and the National Capital Region, with new real estate destinations emerging around enhanced connectivity and expanding economic activity.Read more
09 May 2026
The Chandigarh administration has excluded change of land use (CLU) permissions and conversion of industrial plots into commercial use from its ongoing reform agenda, citing feasibility and regulatory constraints. Officials indicated that fragmented land holdings, limited vacant land, and high infrastructure costs make CLU-based development impractical in the Union Territory. The move also aligns with restrictions under the Chandigarh Master Plan 2031 and the Periphery Control Act, 1952. Instead, the administration is prioritising alternative reforms, including higher floor area ratio (FAR), relaxed building norms, and mixed-use development in select industrial areas. The decision impacts long-standing demands from developers and industry stakeholders seeking greater flexibility in land use.Read more
09 May 2026
Larsen & Toubro has secured a ‘mega’ domestic order valued between INR 10,000 crore and INR 15,000 crore from JSW Steel for engineering, procurement and construction works. The contract involves installation of key process facilities, including blast furnaces and steel melt shops, across sites in Ballari, Karnataka and Paradip, Odisha. The order supports JSW Steel’s plan to expand its crude steel capacity from 35 million tonnes per annum to over 50 MTPA by 2031. The development marks L&T’s largest order in the domestic metals segment.Read more
08 May 2026
EDP Renewables reported a 9% rise in recurring net profit, supported by higher power generation and reduced operating costs. The company outperformed market expectations, even as electricity prices in Europe remained under pressure. Growth was largely driven by North America, which continues to contribute the majority of output. While revenues stayed stable, improved efficiency and controlled expenses helped strengthen earnings. The company also expanded its installed capacity and continues to invest in new renewable projects. However, a rise in net debt reflects ongoing capital deployment for future growth across global markets.Read more
07 May 2026
The Government of India has reviewed the impact of the ongoing West Asia situation and confirmed that fertiliser and fuel supplies remain stable across the country. Fertiliser stocks are above seasonal requirements, supported by strong domestic production and imports. LPG and fuel availability continues without disruption, with no shortages reported and supply prioritised for essential sectors. PNG connections are expanding steadily, while enforcement actions are being taken against hoarding. Maritime operations, flights, and safety of Indian nationals in the region remain under control, with coordinated efforts ensuring continuity across key sectors.Read more
07 May 2026
Brookfield Asset Management has entered into an agreement with The Nuclear Company to establish a joint venture focused on developing nuclear power projects using reactor technology from Westinghouse Electric Company. Announced on May 4, the partnership will combine Brookfield’s capabilities in asset management and energy infrastructure with nuclear project delivery expertise, including engineering oversight and licensing support. The venture is expected to advance projects centred on AP1000 and AP300 reactors amid increasing global demand for low-carbon electricity. The move aligns with broader efforts by governments and investors to revive nuclear energy as a stable, emissions-free power source. The companies aim to finalise agreements in the coming months, subject to regulatory approvals, while also taking on a role in a proposed project in South Carolina.Read more
07 May 2026
Larsen & Toubro has secured a large engineering, procurement and construction (EPC) order valued between INR 2,500 crore and INR 5,000 crore for a coal-to-ammonium nitrate project in Odisha. The contract has been awarded by Bharat Coal Gasification and Chemicals Ltd, a joint venture of Coal India Limited and Bharat Heavy Electricals Limited. The facility is designed to produce 2,000 tonnes of ammonium nitrate per day and is expected to support domestic industrial demand while reducing import dependence. The development reflects continued investment in downstream coal utilisation and chemical manufacturing infrastructure.Read more
07 May 2026
Tauron Polska Energia has received approval to build a new cogeneration plant in Lagisza, Bedzin, while its subsidiary Tauron Ciepo secured support for four units in a recent cogeneration premium auction. The total capacity of these units exceeds 100 MW. The company expects to generate around PLN 2.5 billion in revenue from the premium mechanism over the support period. Winning bids in the auction were priced between PLN 249.92 per MWh and PLN 274.77 per MWh. The development aligns with Tauron’s ongoing efforts to strengthen efficient heat and power generation.Read more
07 May 2026
Bewi Invest ASA has acquired a light industrial property in Oppdal through its subsidiary Corvus Estate AS. The transaction reflects the company’s continued focus on expanding its real estate portfolio, particularly in industrial and logistics assets. While financial details of the deal were not disclosed, the acquisition aligns with Bewi Invest’s broader strategy of investing in income-generating properties. Oppdal, known for its strategic location and growing commercial activity, has seen rising interest from investors in recent years.Read more
06 May 2026
Amazon has introduced a new service, Amazon Supply Chain Services, allowing external businesses to access its logistics and delivery network. The system enables companies of all sizes to manage transportation, storage and delivery of goods ranging from raw materials to finished products. The offering includes Amazon’s freight, distribution, fulfillment and parcel shipping capabilities. Early adopters include major companies such as Procter & Gamble, 3M and American Eagle Outfitters. The announcement also influenced market sentiment, with logistics players UPS and FedEx seeing a decline in premarket trading.Read more