06 Jan 2026

Rajesh Power Services has been awarded a 65 MW/130 MW Battery Energy Storage System project by GUVNL in Virpore, Gujarat. The project will provide two hours of backup power at a total output of 130 MW and is slated for completion within 18 months of signing the Battery Energy Storage Purchase Agreement and receiving regulatory approvals. The project reflects India's increasing focus on energy storage to support renewable integration. Rajesh Power Services, with prior experience in power infrastructure projects, is advancing the nation's energy transition goals.Read more

05 Jan 2026

Adani Logistics Ltd has leased a 66,250 sq ft warehouse near Panvel, Mumbai, to Avenue Supermarts Ltd, the company behind the DMart retail chain. The lease is structured over approximately 28 years, valued at over INR 100 crore, with a six-year lock-in period. Monthly rent starts at around INR 20.20 lakh and increases gradually over time. The facility, with a carpet area of about 53,000 sq ft, will support DMart's storage and distribution of groceries, electronics, apparel, and other retail products, strengthening its supply chain in the Mumbai Metropolitan Region.Read more

05 Jan 2026

Inox Clean Energy has acquired 250 MWp of solar projects from SunSource Energy and is acquiring an additional 50 MWp, taking the total capacity to 300 MWp. The projects, located across 13 states including Uttar Pradesh, Karnataka, Tamil Nadu, and Maharashtra, operate under SPVs and supply power to major C&I clients with long-term agreements averaging 24 years. This acquisition supports Inox Clean Energy's plan to reach 3 GW capacity by FY26 and 10 GW by FY28. The company also manufactures solar modules and cells for captive use and third-party sales.Read more

03 Jan 2026

India has approved electronics manufacturing projects worth INR 418.63 billion, or about USD 4.64 billion, under its Electronics Component Manufacturing Scheme, aiming to strengthen domestic supply chains. Companies such as Samsung Electronics, Tata Electronics, and Foxconn will receive incentives to produce key components including mobile phone enclosures and camera sub-assemblies. The scheme supports India's broader push to reduce import dependence and attract global manufacturers. The approved projects span eight states and are expected to generate component output worth INR 2.58 trillion, or USD 28.62 billion, while creating around 34,000 jobs. The move aligns with India's goal to scale electronics production to USD 500 billion by 2031.Read more

01 Jan 2026

Rail Vikas Nigam Limited (RVNL) has emerged as the lowest bidder for a major railway infrastructure project in Odisha, securing a contract worth around INR 201.23 crore from East Coast Railway. The project involves setting up a wagon Periodic Overhaul (POH) workshop at Kantabanji with a capacity to service 200 freight wagons. The facility is expected to be completed within 18 months and will strengthen wagon maintenance infrastructure in the region. RVNL was the sole bidder for the works tender. The project adds to RVNL's order book and reinforces its role in expanding and modernising railway support facilities across India.Read more

01 Jan 2026

Adani Green Energy Ltd has operationalised 307.4 MW of renewable energy capacity at Khavda in Gujarat through multiple step-down subsidiaries. The projects, which include hybrid, solar, and wind assets, are planned to commence power generation from January 1, 2026. With these additions, the company's total operational renewable capacity has increased to 17,237.2 MW. The largest component is a 126 MW hybrid project, supported by solar and wind installations across several subsidiary entities, highlighting AGEL's continued focus on large-scale renewable expansion.Read more

01 Jan 2026

NTPC has commissioned close to 14 MW of solar capacity at its Khavda project in Gujarat through a step-down subsidiary, lifting the group's total installed and commercial capacity to 85,637 MW. The 13.98 MW addition is part of the larger 1,255 MW Khavda-I Solar PV Project being developed under the CPSU Scheme Phase-II, Tranche-III. Executed by NTPC Renewable Energy Ltd, a subsidiary of NTPC Green Energy Ltd, the project adds momentum to NTPC's ongoing expansion in utility-scale renewable energy.Read more

31 Dec 2025

Sunview Group Bhd has proposed the acquisition of a 50 MW solar photovoltaic power generation plant for RGT 70 million, marking another step in its renewable energy expansion. The move is aimed at increasing installed capacity and strengthening the group's portfolio of income-generating assets. Sunview has been involved in solar project development and construction for several years and has gradually shifted toward owning operating assets. The proposed deal supports its long-term strategy of securing stable revenue while benefiting from Malaysia's growing focus on utility-scale solar power.Read more

31 Dec 2025

Tata Power Renewable Energy Ltd has commissioned a 1 GW solar power project for SJVN, with capacity allocated to utilities in Rajasthan, Jammu and Kashmir, and Uttarakhand. The domestically manufactured, DCR-compliant project is expected to generate over 2,454 million units of green power in its first year and offset nearly 1.74 million tonnes of carbon dioxide emissions. All solar modules were produced at TP Solar's Tirunelveli facility. The commissioning has raised TPREL's total utility-scale renewable capacity to 11.6 GW.Read more

31 Dec 2025

Bihar has taken a significant step toward expanding its renewable energy capacity with the commissioning of the first phase of the Kajra Solar Power Plant in Lakhisarai district. Developed at an estimated cost of INR 1,810 crore, the initial phase includes a 185 MW solar power facility integrated with a 254 megawatt-hour battery energy storage system. The project is aimed at increasing the share of clean energy in the state's power mix while ensuring reliable electricity supply during peak demand hours. Once fully completed, the Kajra project is expected to play a key role in strengthening Bihar's energy security and sustainability goals.Read more

31 Dec 2025

India's cement industry is expected to continue its mid single-digit growth trajectory over the next two financial years, supported by sustained demand from housing and infrastructure projects, according to an assessment by a leading rating agency. Industry volumes are projected to grow in the range of 6-7% in FY27, following stronger growth in the current fiscal. Capacity expansion plans remain robust, with significant additions anticipated across FY26 and FY27. Improved pricing, higher utilisation levels, and supportive policy measures such as lower GST rates and increased public infrastructure spending are likely to underpin profitability and demand, keeping the sector on a stable growth path.Read more

31 Dec 2025

KKR and Kreate Asset Management have completed the acquisition of the Cheongna Logistics Center in Incheon, described as South Korea's largest single-asset logistics deal. While the firms did not disclose financial terms, sources said the asset was valued at over 1 trillion won, or about USD 696 million, including debt. The 4.6-million-square-foot facility, completed in 2022, is fully leased and located in the Greater Seoul area. The deal strengthens KKR's growing logistics presence in South Korea and across Asia.Read more

29 Dec 2025

The Municipal Corporation of Delhi (MCD) plans to develop 14 new construction and demolition (C&D) waste dumping sites, joining the 132 existing locations under the city's C&D Waste Management Framework. Each site will be equipped with CCTV cameras featuring automatic number plate recognition and mist spraying systems to enhance dust control and prevent illegal dumping. Enforcement teams have intensified inspections across the city, issuing hundreds of challans and collecting penalties in 2025. Recent checks of smaller construction sites revealed several non-compliant or unregistered sites, which were penalised to ensure adherence to waste management rules.Read more

29 Dec 2025

Saatvik Green Energy has received an additional INR 16.74 crore order from Maharashtra State Electricity Distribution Company for off-grid solar water pumps under the Magel Tyala Saur Krushi Pump Yojana and PM-KUSUM-B scheme. With this, the company's cumulative order from the state utility has reached 1,815 pumps valued at INR 30.24 crore, excluding GST. The project involves supplying and installing solar pumping systems across farmer locations in Maharashtra. The order highlights steady demand for decentralised solar solutions in the agricultural sector.Read more

29 Dec 2025

Russia has outlined plans to establish a power plant on the moon by 2036 to support its lunar programme and a joint research station with China. Led by Roscosmos, the project involves key nuclear institutions, indicating the use of nuclear energy, although this has not been formally stated. The facility is expected to power rovers, scientific equipment and station infrastructure. Similar plans are underway in the United States, reflecting intensifying global competition over lunar exploration, long-term scientific presence and access to potential resources.Read more

27 Dec 2025

Goodman Group has signed a AUD 14 billion, or USD 9.32 billion, partnership with Canada Pension Plan Investment Board to develop data centres in Europe. Structured as a 50:50 venture, the platform will initially commit AUD 3.9 billion to four projects in Frankfurt, Amsterdam and Paris, offering a combined 435 MW of power capacity. The projects are development-ready and expected to commence construction by 30 June 2026. The phased transaction is expected to close by March 2026, boosting Goodman's growing global data centre strategy.Read more

26 Dec 2025

LNJ Bhilwara Group has signed a definitive agreement to acquire a 100 per cent stake in Mandakini Jal Urja, which is developing a 76 MW hydropower project in Uttarakhand. The acquisition will be carried out through Bhilwara Energy, the Group's energy arm, by purchasing the full equity from Statkraft IH Holding AS. The project, located in Rudraprayag district, is a run-of-river hydroelectric facility aimed at strengthening renewable power generation in the state. Bhilwara Energy said the deal will expand its hydropower portfolio and support its focus on sustainable energy infrastructure. Statkraft stated the divestment aligns with its strategy to streamline international operations. The transaction is subject to customary approvals.Read more

26 Dec 2025

Shree Cement has withdrawn the lockout at its Baloda Bazar cement plant in Raipur after reaching a settlement with workers, allowing operations to resume. The lockout had been imposed due to labour-related issues and resulted in a temporary halt in production at the facility. The company stated that the situation was resolved through discussions, with no damage reported to plant assets during the stoppage. The brief shutdown led to an estimated production loss of around 10,000 tonnes per day. The plant is an important part of Shree Cement's regional manufacturing network.Read more

Delhi News Desk

26 Dec 2025

Delhi's Municipal Corporation is moving quickly to establish its fifth construction and demolition (C&D) waste processing plant at Tehkhand to strengthen waste management and reduce dust pollution. The seven-acre site will be handed over to the selected contractor on January 1, 2026, and the plant is expected to be operational in about a year, following required approvals. Initially processing 1,000 tonnes daily, capacity will later increase to 2,000 tonnes. Once functional, the facility will raise Delhi's total C&D processing capacity to 5,500-6,000 tonnes daily and support waste disposal across all 250 civic wards.Read more

25 Dec 2025

Australia-based Goodman Group has entered into a major partnership with Canada Pension Plan Investment Board to develop large-scale data centres across key European markets. The joint venture, valued at AUD 14 billion or about USD 9.3 billion, will focus on four projects in Germany, the Netherlands and France. The move strengthens Goodman's growing role in AI-led digital infrastructure and marks CPPIB's first data centre investment in Europe. With power secured and approvals in place, construction is planned to begin before mid-2026, supporting rising demand from hyperscalers.Read more