SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Asset class : Industrial

India's record-low storage bids spark concerns over safety, quality and delivery

09 Dec 2025

India's latest battery storage bids have dropped to record-low levels, raising questions about whether these projects can be built and operated safely or profitably. Industry experts say the aggressive pricing trend may lead to low-quality technology, stalled execution, and increased safety risks, especially in high-temperature regions. While the country has tendered 83 GWh of storage capacity since 2021, only 36 GWh has been awarded so far, leaving a major gap compared to its long-term requirement. Analysts also noted that some winning bidders are attempting to sell projects for a premium rather than developing them, adding to concerns about viability.Read more

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MNRE issues clarification on lending concerns as solar manufacturing capacity expands

09 Dec 2025

The Ministry of New & Renewable Energy recently clarified that it has not asked financial institutions to stop lending to renewable energy projects or equipment manufacturers. The clarification came after reports suggested otherwise amid discussions around solar sector overcapacity. The ministry shared that it has only circulated information about current domestic solar PV manufacturing capacities to lenders so they can assess financing proposals more carefully. India has been expanding its renewable energy base rapidly and has already reached 50 per cent of its installed power capacity from non-fossil sources, supported by major policy initiatives and manufacturing incentives.Read more

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Sagar Defence, Liquid Robotics open Pune unit to build Wave Glider USVs in India

08 Dec 2025

An Indian defence company has opened a new manufacturing facility in Pune dedicated to producing Uncrewed Surface Vehicles (USVs), marking a major step in its collaboration with Liquid Robotics, a Boeing company. The plant will focus on locally building the Wave Glider-an energy-efficient USV powered by waves and solar energy that supports long-duration undersea surveillance and real-time data sharing. The facility will also handle ocean testing and long-term servicing. Positioned under the US-India defence partnership, the collaboration aims to expand co-production and technological capacity. Company leaders said the new unit aligns with India's 'Make in India' vision and will strengthen maritime domain awareness while reducing reliance on imported systems.Read more

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Ocado to get USD 350 million as Kroger shuts three robotic warehouses

08 Dec 2025

Ocado is set to receive a one-off USD 350 million payment from Kroger after the U.S. retailer decided to close three robotic warehouses and cancel plans for another site. While closures will reduce Ocado's fee revenue in fiscal 2026 by about USD 50 million, the company remains focused on expanding its automation technology and turning cash-flow positive next year. One planned warehouse in Phoenix will continue with new technology. The deal highlights the ongoing importance of Ocado's automation solutions in the U.S. grocery market despite strategic changes by Kroger.Read more

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Andhra Pradesh clears major solar ingot and wafer plant proposed by ReNew Photovoltaics

08 Dec 2025

Andhra Pradesh's State Investment Promotion Board has cleared a large solar ingot and wafer manufacturing project proposed by ReNew Photovoltaics in Rambilli, Anakapalli district. The subsidiary of ReNew Energy Global PLC plans to invest INR 3,990 crore in a 6 GW greenfield unit designed to reduce India's dependence on imported solar components, especially from China. The facility will be developed on a 140-acre site supported under the Government of India's PLI scheme for solar manufacturing. The project is scheduled for completion by March 2026, with commercial production expected by January 2028.Read more

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Knauf India doubles capacity at Khushkhera plant with launch of new Metal Line

05 Dec 2025

Knauf India has expanded its manufacturing capacity at its Khushkhera facility by inaugurating a new Metal Line, effectively doubling the plant's overall output. The development reflects the company's broader strategy to enhance domestic production and support the rising demand for drywall and ceiling solutions in India. To mark the milestone, Knauf organised a Dealer Engagement Day, featuring a plant tour, technical showcases, sustainability activities and engagement events. The company emphasised that the new line incorporates advanced technologies aimed at improving accuracy, reducing waste and ensuring consistent product quality.Read more

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Hexaware strengthens global delivery network with new digital operations centre in Cairo

05 Dec 2025

Hexaware Technologies has expanded its global delivery network with the launch of a new centre in Cairo, opening with a 100-member team to support clients across Egypt, the Middle East and key European markets. The facility, located in a major technology hub, will offer multilingual CX services and form part of the company's wider strategy to build digital-first delivery locations.Read more

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AdaniConneX strengthens data centre plans with INR 231 crore TCTPPL acquisition

03 Dec 2025

Adani Enterprises Ltd confirmed earlier this week that it had finalised the INR 231.34 crore acquisition of Trade Castle Tech Park Pvt Ltd through its joint venture, AdaniConneX. The deal, initiated in the past week through a share purchase agreement with the company's existing stakeholders, gives AdaniConneX full ownership of an entity holding substantial land parcels and key infrastructure licences. Although the acquired firm has yet to begin commercial operations, the JV expects the assets to accelerate its national data centre expansion plans, particularly in line with its long-term 1 GW capacity strategy.Read more

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Hindustan Power secures SECI bid to build major solar and battery storage project

02 Dec 2025

Hindustan Power has won a SECI bid to develop a renewable energy project with a contracted solar capacity of 150 MW, requiring around 300 MWp of solar installation and a 300 MWh battery-energy storage system. The project was awarded through a tariff-based competitive process and an e-reverse auction under the SECI-ISTS-XX tender for solar projects integrated with storage. Company Chairman Ratul Puri stated that the initiative reflects Hindustan Power's focus on flexible, storage-led assets to support India's future power infrastructure. The company is also working on several large solar and storage projects across multiple states.Read more

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Hokkaido Governor weighs restart of Tomari nuclear plant after key regulatory clearance

02 Dec 2025

Hokkaido Governor Naomichi Suzuki indicated that restarting the Tomari nuclear power plant is now viewed as a practical possibility, following regulatory approval and ongoing assessments. He said he would reach a final decision after site inspections and consultations with nearby municipalities. The plant's No. 3 reactor, inactive since 2012, recently cleared its safety review after a 12-year process. Hokkaido Electric is also preparing additional safety infrastructure, including a seawall scheduled for completion in March 2027. The move aligns with Japan's broader efforts to stabilise energy supply, similar to the partial restart recently permitted at the Kashiwazaki-Kariwa plant in Niigata.Read more

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Samko and SRAM launch smart-city venture with Gigafactory plan for Tamil Nadu and UK

02 Dec 2025

Samko Renewable Energy Limited, a subsidiary of Samko Holdings UK, and SRAM & MRAM Projects Limited announced earlier this week that they had signed a Joint Venture Association Agreement to set up Samko SRAM & MRAM BESS Limited. The venture will spearhead the rollout of Nikola Tesla's multi-billion-dollar Smart City Project across India and the United Kingdom. The initiative will include integrated Gigafactory-led townships spanning at least 100 acres, combining advanced automation, renewable-energy systems, and circular manufacturing. The Tamil Nadu site and a location in the United Kingdom have already been identified for the first phase.Read more

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Aroundtown plans first Berlin data centre within three years as power approvals advance

01 Dec 2025

Aroundtown, one of Germany's leading listed real estate firms, is advancing its plan to convert vacant office spaces into data centres amid growing European demand. The company expects its first centre in Berlin to be operational within three years, with six Berlin locations already receiving initial energy approvals. While the Frankfurt site awaits power allocation, Aroundtown has identified ten initial project assets and noted that roughly 100 of its buildings could potentially serve as data centres. The company is engaging with developers and operators and plans to secure higher energy capacity and full permits in the coming months.Read more

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Panchkula introduces structured C&D waste policy with paid debris collection

01 Dec 2025

Panchkula's municipal corporation has rolled out a revamped construction and demolition (C&D) waste management policy to address persistent debris dumping across the city. The initiative includes appointing an agency on a one-year contract costing INR 2.13 crore to manage loading, collection, transportation and unloading of waste at a designated disposal point in Jalouli village. Residents and bulk generators must register and pay collection charges in advance, while delays or unauthorised dumping will attract penalties. The policy incorporates GPS tracking, fixed service hours, regular inspections and provisions for future processing of C&D waste into recyclable building materials.Read more

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Centre urges agri-machinery industry to shift to green tech and design tools for women farmers

01 Dec 2025

India's agriculture sector is preparing for a decisive shift towards green-fuel technologies and gender-friendly mechanisation, with senior government leadership urging industry participation earlier this week. The Agriculture Ministry highlighted the need for electrically powered and CBG-based machinery to reduce operational costs, while also emphasising that women farmers require equipment designed to ease their workload. Italian officials reaffirmed their commitment to strengthening bilateral agricultural cooperation under the ongoing Joint Strategic Action Plan, signalling deeper industrial engagement. The latest edition of EIMA Agrimach India showcased advanced machinery, rising trade prospects and future-ready mechanisation models.Read more

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THDC moves closer to full commissioning of 1,000-MW Tehri pumped storage project

01 Dec 2025

THDC India Ltd is progressing toward full commissioning of its 1,000-MW pumped storage project at Tehri, with the final two units planned for activation in December 2025 and January 2026. Two units were already brought online earlier this year, strengthening the project's role in improving grid stability. Built at an estimated cost of INR 8,339 crore, the project uses the Tehri and Koteshwar reservoirs for water recycling between peak and off-peak hours. Once fully operational, the Tehri hydro power complex will reach an installed capacity of 2,400 MW, including existing hydro assets.Read more

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Vikram Solar adds 5 GW Tamil Nadu plant, lifting total module capacity to 9.5 GW

30 Nov 2025

Vikram Solar has commissioned its 5 GW Vallam facility in Tamil Nadu, expanding its total solar module manufacturing capacity to 9.5 GW. The plant features advanced automation and TOPCon technology, supporting multiple module formats and enabling high-precision, reliable, and efficient production. Vallam strengthens the company's presence in India's clean energy sector alongside its Oragadam and upcoming Gangaikondan facilities. The modules will supply utility, commercial, and distributed generation projects, while efforts toward workforce gender diversity reflect Vikram Solar's commitment to inclusive growth and technology-driven innovation.Read more

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Vikram Solar expands manufacturing capacity with new fully automated facility in Tamil Nadu

30 Nov 2025

Vikram Solar has commissioned a fully automated 5-GW solar module facility in Vallam, Tamil Nadu, increasing its total annual production capacity to 9.5 GW. The new plant spans 27,000 sq m and is based on advanced TOPCon technology, supporting M10, G12 and G12R formats. The facility integrates robotics, automated material handling, and built-in quality checks, most of which are being used in the country for the first time. Vikram Solar plans to supply modules produced here to utility-scale, commercial, industrial, and distributed generation projects nationwide. The company is also working towards improving gender diversity at the plant.Read more

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Greater Noida clears alignments for MMTH and INR 5,942-crore logistics hub at Dadri

30 Nov 2025

The Greater Noida Authority has finalised alignments for two major projects-the Multimodal Transport Hub (MMTH) at Bodaki and the Multimodal Logistics Hub (MMLH) at Dadri-aimed at strengthening regional mobility and freight connectivity. The 117-hectare MMTH will integrate metro, rail and bus terminals, linked by a 1.8 km elevated metro line from the Greater Noida Depot. It will serve long-distance trains to eastern India and provide commercial and transport infrastructure across two planned zones. The 311-hectare MMLH will directly connect to the Dedicated Freight Corridor via a 3 km rail spur, enabling faster cargo movement. Both projects form part of the Master Plan 2041 and are being developed with NICDC under the DMIC framework.Read more

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GDA takes action against builders for construction violations in open storage of materials

30 Nov 2025

The Ghaziabad Development Authority has fined two builders INR 20,000 each for violating environmental norms by storing construction materials in the open at sites in New Panchawati Colony and Vijaynagar. The rules, under GRAP-3 and NGT directives, prescribe higher fines for larger plots and stricter measures for sites above 500 sqm, including UPPCB registration, dust audits, and camera monitoring. These actions are part of a wider GDA crackdown on illegal construction and pollution, though residents highlight continued dust and infrastructure issues that require coordinated civic efforts.Read more

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Z-Tech India acquires 76% of Grace Green Infra to deepen water-treatment capabilities

29 Nov 2025

Z-Tech (India) has signed a deal to acquire a 76 percent stake in Grace Green Infra Pvt Ltd, turning it into a subsidiary and strengthening its position in the water-treatment segment. The acquisition brings in Ministry of Jal Shakti-certified technologies, including the Grace Vermi-Filtration system, packaged FRP sewage-treatment plants, and nanobubble bio-remediation for lake rejuvenation. Grace Green Infra also holds an unexecuted order book of about INR 22 crore, giving Z-Tech better revenue visibility and supporting its wider push into sustainable and long-term water-management solutions.Read more

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