11 Nov 2025

India has positioned itself as a leading destination for data centre investments, with Mumbai recognised as one of the world's most cost-effective cities for such developments, according to the latest Turner & Townsend Data Centre Construction Cost Index. The report placed Mumbai 51st among 52 global markets, with construction costs at just USD 6.64 per watt. The city also benefits from low electricity tariffs, further enhancing its operational efficiency. Despite this cost advantage, challenges such as reliable power supply and resilient supply chains remain key concerns for sustained growth.Read more

11 Nov 2025

Coal India Limited (CIL) has partnered with Damodar Valley Corporation (DVC) to jointly expand the Chandrapura Thermal Power Station in Jharkhand, in a project worth nearly INR 21,000 crore. The two entities will share equity equally and develop two ultra-supercritical units of 800 MW each, adding 1,600 MW of capacity. Coal for the project will be supplied by CIL�s subsidiary, Central Coalfields Limited, with operations targeted to begin by FY 2031-32. Leveraging existing infrastructure, the brownfield project aims to ensure cost efficiency and timely execution. The collaboration strengthens India�s power generation base, supporting long-term energy security and sustainable growth.Read more

11 Nov 2025

Welspun Enterprises Ltd (WEL) announced earlier this week that it had received a significant contract to design, construct, and operate a 910 MLD water treatment plant at Panjrapur in Maharashtra. The project, valued at INR 3,145 crore, is set to enhance Mumbai�s water infrastructure using advanced technology solutions. Partnering with Veolia as its technology provider, the project includes extensive civil, mechanical, electrical, and instrumentation works. The company�s consolidated order book is expected to reach INR 16,330 crore following this development.Read more

10 Nov 2025

Global industrial real estate developer Panattoni has entered Kerala for the first time by partnering with Edayar Zinc Ltd. to build a Grade?A+ industrial and logistics park near Kochi, with an investment of INR 800 crore. The park will be developed in two phases, with Phase I spanning 20 acres and offering 5.2 lakh sq ft of space tailored for e-commerce, FMCG, pharma, and 3PL clients. Construction is set to begin in February 2026, and Phase-I operations are targeted for February 2027, forming part of the broader Kerala Logistics & Industrial City initiative.Read more

10 Nov 2025

State-owned NBFC REC Ltd approved INR 7,500 crore in funding for a 1.04 GW hybrid solar-wind project in the Kurnool district of Andhra Pradesh, being developed by Evren, a joint venture in which Brookfield Asset Management holds a 51.49 % stake. The total investment in the project is estimated at INR 9,910 crore. Evren has already mapped over 3 GW of projects in the state. This transaction marks the largest private-sector sanction ever by REC Ltd. This move reflects both Brookfield's growing footprint in India's renewables and Andhra Pradesh's push for large-scale hybrid energy capacity.Read more

09 Nov 2025

TotalEnergies has entered a 10-year agreement with Data4 to supply renewable electricity to its data centres in Spain, starting in 2026. The contract will provide 610 gigawatt-hours (GWh) of clean energy from Spanish wind and solar farms. This aligns with Data4's goal to meet the growing energy demands of the data centre sector, particularly with the expansion of artificial intelligence (AI). TotalEnergies, in turn, continues its strategic shift towards more predictable and stable income from renewable sources.Read more

09 Nov 2025

During the recent GRIHA Summit held in New Delhi, Knauf India reaffirmed its commitment to sustainability and circular material design within the construction industry. The company showcased how innovations in gypsum systems, material reuse, and circular design principles could contribute to India's shift toward climate-resilient buildings. Company executives highlighted the need for collaboration among manufacturers, architects, and policymakers to promote responsible sourcing, reduce waste, and integrate sustainability throughout the material lifecycle.Read more

Mr. Jash Panchamia, Promoter, Suraksha Smart City

08 Nov 2025

Mumbai's construction landscape is evolving with the growing use of precast technology-an efficient, factory-based building method that replaces traditional, labour-heavy techniques. By manufacturing components like walls and slabs off-site, projects become faster, cleaner, and more sustainable. The approach reduces pollution, noise, and waste while improving safety and worksite conditions. Homebuyers benefit from quicker delivery and consistent quality. Although challenges such as transport logistics remain, developers are increasingly investing in training and in-house precast units. With innovations like 3D casting and BIM, precast construction is poised to reshape urban housing, combining speed, precision, and sustainability to deliver better living spaces.Read more

08 Nov 2025

Japan's Mitsubishi Corporation has started building a large urea production facility in western Turkmenistan, valued at more than USD 1.3 billion. The plant, located at Kiyanly on the Caspian Sea coast, will have the capacity to produce 3,500 tons of urea and 2,000 tons of ammonia per day. Turkey's Gap ?n?aat has been awarded the construction contract. Turkmenistan, which holds the world�s fourth-largest natural gas reserves, is looking to reduce its reliance on gas exports and boost value-added chemical production.Read more

08 Nov 2025

Malaysia's Prime Minister announced that a MYR 600 million (USD 142 million) facility will soon be built in Pahang to manufacture super-magnets, marking a shift from planning to execution for the foreign-backed project. The facility, involving Australia's Lynas Rare Earths and South Korea's JS Link, follows an earlier July agreement to produce up to 3,000 tonnes of neodymium-iron-boron magnets near Lynas' Kuantan plant. Malaysia holds an estimated 16.1 million metric tons of rare-earth deposits but lacks full processing capability, and is seeking foreign partners and technology sharing.Read more

07 Nov 2025

The Ministry of Steel has rolled out the third phase of its Production Linked Incentive (PLI) scheme for speciality steel, named �PLI 1.2�, aiming to draw new investment and drive domestic production of high-value steel grades in sectors such as defence, aerospace, power and infrastructure. The original scheme, approved in mid-2021 with an outlay of INR 6,322 crore, has already seen committed investments of INR 43,874 crore in the first two rounds, with INR 22,973 crore invested and over 13,000 jobs created. The new phase expands the push to reduce import dependence.Read more

06 Nov 2025

JA Solar announced it had signed a module-supply agreement with Larsen & Toubro (L&T), the EPC contractor for the Samarkand 1 and 2 utility-scale solar PV plants in Uzbekistan. The two projects, developed by ACWA Power, will together have a capacity of 1.2 GW and are projected to power hundreds of thousands of homes while offsetting over one million tons of CO? annually. The deal underlines JA Solar's commitment to Central Asia's energy transition and supports Uzbekistan's aim to derive 25 % of its power from renewables by 2030.Read more

06 Nov 2025

Adani Ports and Special Economic Zone Ltd (APSEZ) plans to raise revenue from its logistics business to around INR 140 billion by fiscal year 2029, compared to approximately INR 28.81 billion in fiscal 2025. The company is strengthening its presence in warehousing, port-feeder services, and related logistics to reduce reliance on global trade cycles. The logistics division's revenue surged 79% year-on-year in the latest quarter, contributing 11.5% to overall revenue, up from 8% a year earlier. Cargo volumes also grew 12% to 124 million tonnes during the period.Read more

05 Nov 2025

IMFA has signed binding agreements to acquire Tata Steel's ferro-chrome plant in Kalinganagar, Odisha, for INR 610 crore, marking a major expansion in its production capacity. The plant, with 99 MVA of furnace capacity (66 MVA operational and 33 MVA under construction), will raise IMFA's total capacity above 0.5 million tonnes per annum, making it India's largest and the world's sixth-largest ferro-chrome producer. Covering 115 acres, the facility will reach 150,000 tonnes annual output once a fifth furnace is commissioned.Read more

05 Nov 2025

Declining steel prices are causing serious issues for smaller producers at a time when India is planning large-scale capacity additions. According to Steel Secretary Sandeep Poundrik, around 150 small steel firms have halted production due to weak prices and margin pressure. The government has introduced provisional safeguard duties on steel imports, and implemented Quality Control Orders (QCOs) to protect domestic players while supporting long-term goals around self-reliance, green steel and specialty steel. The industry remains central to India's larger infrastructure and economic ambitions.Read more

05 Nov 2025

The Brihanmumbai Municipal Corporation (BMC) has launched ward-level inspections across Mumbai to enforce its 28-point environmental guidelines for construction sites. The checks focus on ensuring the installation of air-quality (AQI) monitors to track dust and emissions from ongoing projects. In September, the BMC issued 314 notices including 275 show-cause notices and 39 stop-work orders' to non-compliant sites. Dedicated squads are conducting regular visits to verify adherence to pollution-control norms such as water sprinkling and debris containment. Building on earlier measures from 2023, the initiative aims to curb dust pollution, enhance accountability, and improve Mumbai's air quality, with repeat violators facing penalties or extended work suspensions.Read more

04 Nov 2025

The Maharashtra government has signed a Memorandum of Understanding (MoU) with Haryana-based GSC PSP Maha Pvt Ltd for the Panchmauli-Devalipada Pumped Storage Hydroelectric Project in Dhule and Nandurbar districts. Valued at INR 8,000 crore, the initiative is set to generate 1,500 MW of power and create 2,500 jobs. The project is also anticipated to contribute around INR 1,100 crore in annual revenue, bolstering the state's renewable energy infrastructure and economic growth.Read more

04 Nov 2025

The GRIHA Council is collaborating with housing finance companies to encourage environment-friendly construction practices by integrating green certification with home-loan access. At its 17th Summit in New Delhi, the council introduced two new frameworks: JAN GRIHA for affordable and sustainable housing and GRIHA Infrastructure Rating for Metro Stations, developed with Bangalore Metro Rail Corporation Ltd. (BMRCL). These initiatives support India's Net-Zero 2070 target and aim to bring sustainable building practice to grassroots levels and expand metro infrastructure.Read more

04 Nov 2025

Mahindra Lifespace Developers Ltd has signed a memorandum of understanding (MoU) with Tata Projects Ltd to collaborate on construction across its upcoming developments, starting with the Mahindra Vista Project in Kandivali, Mumbai. Under this partnership, Tata Projects will act as a strategic construction partner, providing execution expertise and enhancing scalability in project delivery. Mahindra Lifespaces stated that the alliance underscores its focus on sustainable construction and innovation in urban development. The collaboration is expected to streamline operations, boost efficiency, and maintain high-quality standards, setting a benchmark for sustainable and timely project execution across Mahindra Lifespaces' future real estate ventures.Read more

03 Nov 2025

Tattva, the Corporate Venture Capital arm of Somany Impresa Group, has invested INR 6 crore in Mad Over Buildings (MOB), a fintech-enabled B2B e-commerce platform for building materials. The partnership aims to bridge supply chain gaps and improve financing access for smaller distributors and retailers through MOB's Line of Credit and escrow-backed marketplace. The collaboration also allows MOB to leverage Hindware's vast distribution network, enhancing its national presence while advancing the digital transformation of India's construction ecosystem.Read more