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

25 Dec 2025

NHPC has started partial commercial operations at the 2,000 MW Subansiri Lower Hydroelectric Project on the Assam & Arunachal Pradesh border with the commissioning of one 250 MW unit. The project, India's largest hydropower facility, has faced long delays and sharp cost escalation since construction began in 2005. Designed as a run-of-the-river scheme, it will eventually generate over 7,400 million units of renewable power annually. Phased commissioning of the remaining units is planned, with full operations expected by 2026-27.Read more

Mumbai News Desk

25 Dec 2025

Industry leaders from India's construction and real estate sectors gathered in Mumbai for the fifth edition of the Saifee Burhani Expo (Construction 360), a three-day event focused on sustainable, inclusive and future-ready urban development. Inaugurated by Maharashtra Vidhan Sabha Speaker Shri Rahul Narwekar, the expo highlighted innovation, collaboration and long-term infrastructure planning aligned with the vision of a & Viksit Bharat by 2047. Through panel discussions, expert addresses and technology showcases, participants emphasised the need to shift from metro-centric, unchecked growth towards decentralised development, climate-responsive design, safety, sanitation infrastructure and deeper adoption of sustainability frameworks across the construction value chain.Read more

24 Dec 2025

Ambuja Cements has approved the merger of ACC and Orient Cement into the parent company, creating a unified cement platform with a total capacity of 107 MTPA. The move will integrate ACC, Orient, Penna and Sanghi under one structure, improve operational efficiency, and reduce costs. Share swap ratios for ACC and Orient shareholders have been announced. The consolidation supports Ambuja's expansion roadmap to reach 140 MTPA by FY28 and does not require CCI approval as it is an intra-group merger.Read more

23 Dec 2025

The U.S. House has passed the SPEED Act to streamline permitting and environmental reviews for major energy, industrial, and data center projects. While the bill aligns with Trump-era goals of boosting domestic energy and industrial growth, last-minute amendments to maintain offshore wind veto powers caused clean energy advocates to oppose it. The legislation received 11 Democratic votes but faces hurdles in the Senate. Industry groups welcomed the reform as a necessary update to slow approval processes, while environmental and renewable energy organizations warned of risks to public health, clean air, and equal treatment of energy resources.Read more

23 Dec 2025

Shree Cement is investing INR 2,000 crore to set up a 2 MTPA cement plant in Chandrapur, Maharashtra, as part of its plan to increase total capacity to 80 MTPA over three years. The company, with existing operations in Pune, is awaiting environmental clearance, and construction is expected to take around two years. Funded entirely through cash reserves of over INR 5,000 crore, the expansion relies on internal accruals. India's cement consumption is currently low, offering growth potential, while Shree Cement maintains its position as the third-largest cement producer in the country.Read more

22 Dec 2025

State-owned NHPC is set to begin commercial operations of the second 250 MW unit of the Subansiri Lower Hydroelectric Project, taking a key step forward in India's largest hydropower development. Being developed at an estimated cost of around INR 27,000 crore on the Assam-Arunachal Pradesh border, the 2,000 MW run-of-river project is a critical addition to the country's renewable energy capacity. The commissioning of the second unit marks steady progress in the phased operationalisation of the project.Read more

22 Dec 2025

Prime Minister Shri Narendra Modi has laid the foundation stone for a new brownfield ammonia-urea manufacturing plant at Namrup in Assam's Dibrugarh district, marking a major boost to the state's fertiliser and industrial infrastructure. Built with an investment of 10,601 crore, the project will come up within the existing Namrup fertiliser complex through a joint venture led by public sector and state-backed companies. The modern, energy-efficient facility will produce 12.7 lakh metric tonnes of urea annually and is expected to be operational by 2030. The project will support fertiliser supply across the Northeast and eastern India, while also driving regional industrial growth and employment.Read more