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24 Dec 2025
Seatrium and Maersk have resolved a USD 475 million contract dispute over an offshore wind vessel meant for a U.S. project. Maersk had terminated the contract in October due to construction delays, leaving payment details uncertain. Under the agreement, Maersk will pay USD 360 million, with USD 250 million through a 10-year interest-bearing credit repayable from the vessel's revenue. Both parties have withdrawn all legal proceedings. The vessel is now 99.8% complete, allowing the project to move forward and supporting continued investment in U.S. renewable energy infrastructure.Read more
24 Dec 2025
Navi Mumbai Municipal Corporation (NMMC) has achieved a significant milestone in sustainable waste management with compost produced from the city's wet waste receiving the Maharashtra government's state-registered Harit MahaCity Compost brand. The recognition authorises NMMC to market and sell its organic manure under an official green label that complies with state waste management rules and Fertiliser Control Order (FCO) standards. Developed to promote compost derived from urban wet waste, the brand reinforces Navi Mumbai's standing in the Super Swachh League of India's cleanest cities. The initiative supports landfill reduction, soil enrichment and sustainable agriculture, while strengthening the city's circular economy framework.Read more
24 Dec 2025
EPC major Ceigall India has secured an INR 550 crore solar power project under the PM-KUSUM Yojana, strengthening its presence in India's renewable energy sector. Awarded by Madhya Pradesh Urja Vikas Nigam Limited, the project involves setting up 130 MW of grid-connected solar PV capacity across two districts in the state. The contract covers end-to-end responsibilities including design, engineering, construction, commissioning and long-term operations. With an 18-month execution timeline followed by a 25-year operational period backed by a power purchase agreement, the project supports Madhya Pradesh's clean energy goals and national targets for decentralised solar generation.Read more
24 Dec 2025
After years of planning and execution, the greenfield Navi Mumbai International Airport is set to commence commercial operations from Thursday, marking a major milestone in Maharashtra's infrastructure landscape. The airport is expected to ease congestion at the existing Mumbai airport, reduce travel time, and act as a catalyst for tourism and large-scale investments across the region. With 30 air traffic movements planned on the first day, the new facility strengthens Mumbai's multi-airport ecosystem. Featuring iconic architecture, sustainable design and strong multimodal connectivity, the airport is poised to drive economic growth across Navi Mumbai, Thane, Pune and the Konkan region.Read more
24 Dec 2025
Ziel has begun operating its EV-first intercity bus platform in South India on high-demand routes, with services planned to expand gradually to longer corridors and other regions. GEMS will operate the buses, while ElectriGo will lease and support the fleet, starting with 50 electric buses. The group aims to deploy 200 buses, 150 trucks, and 50 electric mining machines by FY 2026-27. Ziel plans a broader push into passenger, cargo, and industrial EV segments, backed by partnerships for energy, charging, and operational support to ensure scalable and sustainable electric mobility solutions.Read more
24 Dec 2025
Adani Group's solar, wind and green hydrogen businesses recorded a strong operational year, marked by manufacturing milestones, technology certifications and first-of-its-kind projects in India. Adani Solar crossed 15,000 MW in cumulative module shipments, while Adani Wind exceeded 1 GW of installations of its largest onshore turbine. Adani New Industries Limited commissioned India's first off-grid 5 MW green hydrogen pilot plant powered entirely by solar energy and battery storage. These developments aligned with India's rapid renewable energy expansion and growing global clean-energy supply realignment.Read more
24 Dec 2025
Noida International Airport has entered into a partnership with Tech Mahindra to establish and operate an integrated Network and Security Operations Centre for the airport. The collaboration will focus on building a secure, scalable and resilient digital infrastructure from the early stages of development. Tech Mahindra will provide 24x7 monitoring and management of critical IT systems, including networks, applications and data platforms. The NOC-SOC will help detect and respond to cybersecurity and network issues proactively, supporting stable and secure airport operations ahead of launch.Read more
24 Dec 2025
Residents along the Vamanjoor & Moodbidri stretch of NH 169 have urged the National Highway Authority of India (NHAI) to redesign service roads that are disrupting local movement. Elevated service roads, meant to separate highway traffic from local traffic, are blocking small crossroads, PWD links, and access to homes and shops. Steep slopes and soil accumulation have created additional obstacles, affecting relocated shops and daily commuters. A delegation submitted a memorandum requesting scientifically planned roads that ensure free movement for residents while maintaining highway efficiency and safety.Read more
24 Dec 2025
The Lucknow Development Authority has launched online registration for 637 residential plots under the third phase of its Anantnagar housing scheme. Registration, open until early January, will be done through a lottery system, ensuring transparent allotment. The plots range from 112.5 to 450 square metres, located in Akash Khand and Adarsh Khand. The township, spread over 785 acres, features a grid-pattern layout, wide roads, underground electricity, Edutech City, and 130 acres of green spaces. Earlier phases saw over 22,000 applications for 666 plots, highlighting strong demand for planned housing in the city.Read more
24 Dec 2025
Premji Invest has acquired a 2.61% stake in National Highways Infra Trust through open market transactions, investing around INR 754 crore. The purchase was executed via Prazim Trading and Investment Company, which bought over 5 crore units at an average price of INR 149.06 per unit on the NSE. Vidyaniti LLP sold the same number of units at the same price. NHIT units closed slightly higher after the deal. The trust, sponsored by NHAI, was set up in 2021 under the National Monetisation Pipeline.Read more
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24 Dec 2025
The Odisha government has announced plans to upgrade the Berhampur & Jeypore road into a six-lane economic corridor with an estimated investment of around INR 6,000 crore. The project is intended to improve connectivity across southern Odisha and strengthen links with other regions of the state. Alongside this highway expansion, the state has proposed new urban road projects in Berhampur, preparation of a Greater Berhampur development plan, and the creation of food streets within the municipal area, reflecting a broader push for infrastructure and urban development.Read more
24 Dec 2025
Luminous Power Technologies is set to establish 350 MW of solar projects in Rajasthan under the PM-KUSUM initiative. The generated power will be sold to local distribution companies, producing 500 & 560 million units annually. The projects are expected to cut carbon emissions by 402,000-459,000 tonnes each year, equivalent to planting 19-22 million trees. Implementation will begin in early 2026 in a phased manner. The move strengthens Luminous Power's renewable energy efforts, aligning with the PM-KUSUM scheme launched in 2019, which targets 34,800 MW of solar capacity by March 2026.Read more
23 Dec 2025
Hindustan Construction Company Ltd (HCC), in a joint venture with Vensar Constructions Company Ltd (VCCL), has secured a INR 901 crore contract from the Northeast Frontier Railway to construct a key tunnel on the Tupul & Imphal broad gauge line. The HCC & VCCL JV, with HCC holding a 65% stake, will handle the 3.5 kilometre tunnel along with design, engineering, and commissioning, including ballast-less track, ventilation, electro-mechanical systems, approach roads, and ancillary infrastructure. This project strengthens HCC's transport-heavy order book, which accounts for over 60% of its current INR 13,152 crore portfolio.Read more
23 Dec 2025
The Jaipur Development Authority (JDA) has designated five major roads along the city's East-West Metro line as Transit-Oriented Development (TOD) corridors. The areas within approximately 800 metres of metro stations are now earmarked for mixed land use, allowing residential, commercial, and industrial development under the state's newly announced TOD policy. This initiative is aimed at promoting sustainable urban growth, reducing traffic congestion, and improving connectivity. The corridors span key junctions including Veer Tejaji Circle, Pandit T.N. Mishra Marg, Bharat Ashram Marg, Janpath, ESI Road, and Tonk Road.Read more
23 Dec 2025
India's eight core infrastructure sectors grew by 1.8 per cent in November, slowing sharply from last year due to weaker output in crude oil, natural gas, refinery products and electricity. While growth improved sequentially from October's contraction, overall momentum remained subdued. During April & November, core sector growth stood at 2.4 per cent, lower than the previous year. Cement and fertiliser output showed strength, while coal and steel moderated. Economists expect industrial production growth of 3.5 & 4.5 per cent for the month.Read more
23 Dec 2025
The Indian government has planned a dual-use international airport on Great Nicobar to serve strategic and tourism needs. The airport will operate as a military airfield under the Indian Navy while AAI manages civil operations. Positioned close to international destinations like Sumatra and Phuket, it is expected to improve connectivity and attract tourists. The airport site is along the southern coast, with a north-south runway orientation and flight paths mainly over the sea. The project is part of a larger development plan including a transshipment port and defense infrastructure, anticipating a population increase to 6,50,000 by 2050.Read more
23 Dec 2025
KEC International has received interim relief from the Delhi High Court, which has allowed the company to participate in ongoing project bids, including those floated by Power Grid Corporation of India Ltd. The court kept PGCIL's earlier order barring KEC from tenders in abeyance and directed the utility to issue a fresh decision after considering the company's response to a show cause notice. The order enables KEC to continue bidding while the matter is reviewed. PGCIL contributes a smaller share to KEC's current order book compared to last year.Read more
23 Dec 2025
Adani Enterprises is preparing to bid for all 11 airports that the Indian government plans to lease to private operators, aligning with its USD 11 billion airport infrastructure expansion planned over the next five years. Through Adani Airports Holdings Limited, the group already manages seven airports and is set to begin operations at a new airport developed near Mumbai. While the airport business is largely EBITDA positive, a public listing will depend on achieving cash-positive status. The group has ruled out entering airline operations, focusing instead on long-term infrastructure assets.Read more
23 Dec 2025
The National Capital Region Transport Corporation (NCRTC) is moving ahead with a 110 MW solar power plant in Uttar Pradesh to supply clean energy to the Delhi-Ghaziabad-Meerut Namo Bharat rapid rail corridor. Awarded to NLC India Limited, the plant is expected to be completed within about two years and will cover nearly 60 percent of the corridor's electricity requirements. The project will reduce electricity costs by approximately 25 percent and lower carbon dioxide emissions, complementing NCRTC's ongoing renewable energy initiatives along the corridor, including rooftop solar installations at stations and depots.Read more
23 Dec 2025
Vietnam has begun initial construction work on a cross-border railway linking the country with China as part of its wider infrastructure expansion plan. The 391-kilometre rail line will run from Lao Cai at the Chinese border through Hanoi to Haiphong port. Track laying is scheduled to begin late next year, with completion targeted for 2030. The project will be partly funded through Chinese government loans. It forms part of Vietnam's broader infrastructure pipeline valued at about USD 129.23 billion, aimed at sustaining high economic growth.Read more
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