Mumbai News Desk

12 Feb 2026

The Brihanmumbai Municipal Corporation (BMC) stopped construction of a transit camp in Worli after discovering it was being built on land reserved for a sewage treatment plant. Officials highlighted that critical sewer lines pass through the site, and construction had begun affecting sewage flow, raising risks of flooding during monsoon. A Slum Rehabilitation Authority (SRA) executive engineer is facing a criminal complaint for allegedly granting illegal approvals. The SRA has revoked permissions, and the developers must dismantle the transit structures, underscoring the importance of safeguarding Mumbai's ageing sewer infrastructure and reserved public land.Read more

11 Feb 2026

Ceigall India has won a 220 MW solar project integrated with battery energy storage from Rewa Ultra Mega Solar Limited, valued at around INR 1,700 crore. Awarded through competitive bidding, the project will be developed at the Morena Solar Park in Madhya Pradesh at a tariff of INR 2.70 per kWh. With a construction timeline of 24 months and an operational life of 25 years, the project is expected to strengthen grid stability and contribute to the state's renewable energy capacity.Read more

11 Feb 2026

Jammu and Kashmir is preparing for a significant expansion in hydro power generation, with total installed capacity expected to reach 7,314.85 MW by 2030-31. The government plans to add over 3,700 MW through projects under construction and at the proposal stage. While most existing projects are operating across Union Territory, central and private sectors, delays in some private developments have raised concerns over viability. The government has also reiterated that all villages are electrified, though some remote habitations and households still await power connections.Read more

11 Feb 2026

InfraKraft has signed an MOU with the Andhra Pradesh government to invest INR 50 crore in an integrated architectural manufacturing facility at Kuppam. Planned on a 3 lakh sq ft site, the facility will use Industry 4.0 technologies such as digital twins, advanced CNC machining, and additive manufacturing. The unit is expected to generate annual output of INR 200-250 crore and create around 1,400 jobs. It will function as a central hub connected digitally to designers in India and overseas.Read more

11 Feb 2026

Apogee Aerospace has placed an order worth INR 3,500 crore for 15 Albatross 2.0 amphibian aircraft from Australia's Amphibian Aerospace Industries. The deal includes a planned INR 500 crore investment by Apogee to set up manufacturing, maintenance, training and systems integration facilities in India. The aircraft can operate from land and water and seat up to 28 passengers. Apogee has also been named AAI's exclusive partner for defence and government programmes across the Indian subcontinent, with deliveries expected within 18 to 24 months.Read more

10 Feb 2026

ACME Solar has won a 301 MW firm and dispatchable renewable energy project from SECI under the FDRE-VII tender. The project integrates solar, wind and battery storage to ensure reliable power supply during non-solar hours, with defined monthly and annual availability requirements. Awarded through an e-reverse auction earlier this week, the project is awaiting a formal Letter of Award. Following this win, ACME Solar's total contracted capacity has reached 8,071 MW across multiple renewable and round-the-clock power segments. ICRA has also assigned an AA-/Stable rating to its Sikar unit's INR 1,209 crore debt.Read more

10 Feb 2026

Serentica Renewables has secured a 600 MW project under India's FDRE VII assured peak tender, marking the largest single-location BESS installation in the company's history. The project will deliver 2,400 MWh of daily peak power through a combined solar and battery system, ensuring energy supply during non-solar hours to meet evening peak demand. With strict monthly and annual demand fulfilment ratios, the initiative strengthens grid reliability and supports India's renewable energy transition. Established in 2022, Serentica focuses on providing dispatchable clean energy to decarbonise critical sectors.Read more

10 Feb 2026

Mahindra Group has announced a plan to invest INR 15,000 crore in Maharashtra over the next ten years, including a large integrated automobile and tractor manufacturing facility in Nagpur. The plant is expected to start production in 2028 and will be Mahindra's largest manufacturing unit in the country, with capacity exceeding 5 lakh vehicles and 1 lakh tractors annually. The group will also acquire land in the Igatpuri-Nashik region to expand product, engine and advanced technology operations, strengthening its long-standing manufacturing presence in the state.Read more

09 Feb 2026

Anant Raj Ltd has entered into a strategic partnership with AI infrastructure provider Submer to develop fully operational, AI-ready data centres across India through its subsidiary, Anant Raj Cloud. Formalised through a memorandum of understanding, the collaboration aims to support large-scale sovereign and enterprise AI workloads by deploying high-density, energy-efficient computing platforms. The partnership will bring Submer's liquid-cooling and modular data centre technologies from Spain, integrated with Anant Raj's existing campus infrastructure in Manesar and Panchkula, Haryana. By expanding beyond traditional colocation and cloud services into utility-grade AI infrastructure, Anant Raj seeks to address the growing demand for GPU-intensive workloads. The initiative also aligns with India's broader push towards AI sovereignty and sustainable digital infrastructure.Read more

09 Feb 2026

The MATECIA Exhibition, held alongside the Surfaces Reporter Architecture Event, wrapped up a successful three-day run in Kolkata, bringing together the architecture, interiors and building materials community from East and Northeast India. Hosted at Biswa Bangla Mela Prangan from 30 January to 1 February 2026, the event saw steady footfall from architects, interior designers, developers, manufacturers and dealers. Spread across 150,000 sq. ft., the exhibition featured over 100 brands and attracted 14,000-16,000 visitors from more than 100 cities and towns. Key highlights included the Surfaces Reporter Salutes awards, India Interior Retailing platform and interactive brand showcases, reflecting the region's growing design and construction momentum.Read more

09 Feb 2026

JSW Cement Ltd returned to profitability in the December quarter of FY26, reporting a net profit of INR 130.62 crore after posting a loss in the same period last year. The improvement was supported by stronger operating EBITDA, steady growth in sales volumes, and higher overall income. Revenue from operations rose over 13 per cent year-on-year, while operating EBITDA increased by more than 31 per cent. The company also reported an exceptional loss linked to the implementation of new Labour Codes, even as expenses remained largely under control.Read more

09 Feb 2026

Tata Power has recorded its 25th consecutive quarter of PAT growth, posting INR 1,194 crore in Q3 FY26 and INR 3,702 crore for the nine-month period. Revenue and EBITDA also rose steadily, reflecting the resilience of its integrated energy portfolio across renewables, conventional power, transmission, and distribution. Key achievements include surpassing 10 GW of renewable EPC execution, over 4 GWp of rooftop solar installations, strong Odisha DISCOM performance, and World Bank-backed hydropower investment in Bhutan. These milestones highlight the company's focus on sustainable growth, clean energy expansion, and system resilience.Read more

06 Feb 2026

India and Bhutan are advancing their collaboration in the hydropower sector, focusing on key projects like Punatsangchhu-I (1,200 MW) and Punatsangchhu-II (1,020 MW) as well as the Sankosh Hydropower Project. Discussions with Union Power Minister Manohar Lal included commercial optimisation, early commissioning timelines, and long-term transmission planning through 2040. The two nations also addressed smoother approval mechanisms for power scheduling, especially during Bhutan's lean months. This step reinforces their ongoing energy partnership, aimed at improving efficiency, supporting regional electricity trade, and meeting increasing power demands in both countries.Read more

06 Feb 2026

The Confederation of Real Estate Developers' Associations of India (CREDAI) Visakhapatnam chapter has called on civic authorities to adopt a centralised approach to sewage treatment infrastructure in Visakhapatnam, highlighting concerns about the operational efficiency and safety of dispersed treatment systems in large residential complexes. CREDAI's proposal recommends community-level centralised sewage treatment plants (STPs) managed by professional agencies, with residents contributing user fees to support ongoing operation and maintenance. The association argues that such centralised facilities would ensure more effective wastewater treatment, strengthen environmental compliance, and reduce the risk of untreated effluent release. The move comes at a time when Visakhapatnam's expanding urban footprint and uneven sewerage network underline the need for enhanced sanitation infrastructure as part of sustainable city development. CREDAI says robust wastewater management is crucial for long-term livability and public health in the city.Read more

05 Feb 2026

India's Economic Survey 2025-26 has identified wastewater treatment as a potentially transformative economic opportunity, estimating that systematic investment in the sector could unlock a market worth approximately INR 3.2 lakh crore by 2047. The survey highlights that enhanced wastewater processing — across municipal and industrial streams — can generate significant economic value through job creation, technology deployment and recycled water supply for agriculture and industry. It also emphasises the environmental and public health benefits of improved water reuse systems amid growing urbanisation and water scarcity. Policy focus on incentives, public-private partnerships and scalability of treatment infrastructure is seen as key to realising this potential. The survey's findings underline the importance of wastewater management not only as an environmental imperative, but also as a strategic growth engine for the economy over the long term.Read more

05 Feb 2026

Aypa Power has arranged a USD 1.5 billion warehouse facility financing to accelerate the construction of utility-scale energy storage projects in the US. The facility allows the company to fund multiple battery storage projects at various stages without relying on separate financing for each asset. The move highlights growing lender confidence in large-scale energy storage as grid operators increasingly depend on batteries to manage renewable energy integration, peak demand, and grid stability. Warehouse facilities are becoming a preferred tool for developers scaling storage portfolios.Read more

05 Feb 2026

Hindustan Aeronautics Limited (HAL) and Russia's United Aircraft Corporation (UAC) have entered a joint venture to manufacture Sukhoi SJ 100 regional jets in India, boosting domestic aircraft production. HAL will hold local certification, manufacturing, and sales rights while UAC provides technical support and design expertise. Additionally, UAC will supply six Ilyushin Il 114-300 turboprop aircraft to Indian firm Flamingo Aerospace, with guidance to enhance assembly, maintenance, and infrastructure capabilities. This move reflects a long-term effort to strengthen India's aviation manufacturing, regional connectivity, and technology transfer initiatives.Read more

04 Feb 2026

United Aircraft, a Shenzhen-based Chinese drone manufacturer, is preparing for an initial public offering in Hong Kong or mainland China around 2027 or 2028 to fund research, development, and expansion. The company, which raised over 3 billion yuan (around USD 432 million) in 2023 and is valued at more than 10 billion yuan, aims to increase drone deliveries from over 3,000 in 2025 to about 10,000 this year. It is also ramping up international sales, with exports to Cambodia and France, and expects overseas revenue to reach roughly 30 per cent of total sales within a few years.Read more

04 Feb 2026

Global logistics major AP Moller-Maersk has held discussions with the Uttar Pradesh government on expanding its operations in the state, where it has been present for over two decades. The talks focused on logistics infrastructure, policy support, land availability and connectivity. State officials highlighted Uttar Pradesh's expressway network, industrial corridors and single-window clearance system. Maersk representatives acknowledged the stable business environment and expressed interest in evaluating fresh investment opportunities, indicating continued confidence in the state's logistics and industrial growth potential.Read more

03 Feb 2026

The Union Ministry of Environment, Forest and Climate Change has issued the Solid Waste Management Rules, 2026, set to take effect from April 1, 2026. The rules mandate segregation of waste at the source into wet, dry, sanitary, and special care waste. Bulk waste generators entities with large floor areas, high water usage, or significant daily waste output are required to ensure proper collection, transport, and processing. The regulations adopt circular economy principles, Extended Producer Responsibility, and levy environmental compensation under the 'Polluter Pays' principle. Central and state boards will provide guidelines and enforce compliance.Read more