19 Jun 2025

The Kerala government has approved a negotiated land purchase approach to acquire 358 acres in Ayyampuzha for the much-delayed Global City project, part of the Kochi-Bengaluru Industrial Corridor (KBIC). Implemented by state agency Kinfra, this move aims to bypass delays tied to traditional acquisition methods. Of the total land, 215 acres will be dedicated to industrial use. The project, crucial for regional economic integration, had earlier faced setbacks due to Union government concerns over non-industrial components. In contrast, KBIC's Palakkad-based Industrial Manufacturing Cluster has already secured approvals. The new approach may also ensure faster delivery and better compensation for landowners.Read more

18 Jun 2025

The Maharashtra government has signed an MoU with Max Aerospace and Aviation to set up a INR 8,000 crore helicopter manufacturing unit in Nagpur. Work on the project is slated to begin in 2026, with the initiative expected to create around 2,000 jobs. This will be Maharashtra's first facility for complete helicopter production, marking a major milestone in India's defence manufacturing drive. The unit will incorporate global technology for integration, testing, and customisation of rotary-wing aircraft. Strategically located near Nagpur airport, the plant supports 'Make in India' and 'Aatmanirbhar Bharat' goals, boosting both local infrastructure and aerospace self-reliance.Read more

18 Jun 2025

The Odisha government has cleared eight major industrial projects worth over INR 1.51 lakh crore, expected to generate 62,000+ jobs across Dhenkanal, Ganjam, Jajpur, Keonjhar, Khurda, and Sambalpur. Approved during a High-Level Clearance Authority meeting chaired by CM Mohan Charan Majhi, these ventures span aluminium, chemicals, steel, textiles, and metal sectors. Highlights include Vedanta's INR 1.28 lakh crore aluminium smelter and power plant in Dhenkanal, SRF's INR 10,000 crore chemical unit in Ganjam, and Sportking India's INR 2,055 crore textile facility in Khurda. These initiatives mark a step toward Odisha's 'Samruddha Odisha 2036' vision and support India's goal of becoming a developed nation by 2047.Read more

18 Jun 2025

The Ghaziabad Development Authority (GDA) has made a renewed pitch for central funding to revive the long-stalled metro extension between Noida Electronic City and Sahibabad. The 5-km Blue Line link, expected to benefit over 500,000 daily commuters from Indirapuram, Vasundhara, and Vaishali, was initially estimated at INR 1,517 crore in 2018. That figure has now jumped to INR 1,873 crore due to price escalation and expanded land acquisition. Having failed to get state backing and NCR loans in previous attempts, the GDA is now eyeing a direct grant through the 16th Finance Commission to kickstart this critical urban mobility link.Read more

17 Jun 2025

Cube Highways Trust has finalised the acquisition of two strategic highway assets in Jammu and Kashmir Quazigund Expressway Pvt Ltd and Athaang Jammu Udhampur Highway Pvt Ltd from the National Infrastructure Investment Fund. The deal, valued at INR 4,185 crore, spans approximately 80 kilometres and includes assets with over six years of remaining concession life. These highways offer assured semi-annual annuity payments from the National Highways Authority of India (NHAI), reducing exposure to traffic-linked risks. The Trust anticipates an accretive impact on its distributable cash flows of INR 2.3 per unit annually.Read more

17 Jun 2025

Following sustained protests and civic pressure, MMRDA has approved a realignment of the Borivli twin tunnel entry and exit points in Thane's Mulla Baug area. The new alignment will now route the tunnel deeper underground and extend it by 200 metres to reduce environmental and residential impact. The revised plan, which received nods from the Chief Minister and MMRDA leadership, aims to bypass densely populated neighborhoods and emerge beyond Ghodbunder Highway, addressing long-standing concerns of congestion, noise, and pollution.Read more

17 Jun 2025

The Brihanmumbai Municipal Corporation (BMC) has approved construction of two new arms to connect the Ghatkopar-Mankhurd Link Road (GMLR) flyover directly to the Sion-Panvel Highway. Estimated at INR 1,051 crore, the project aims to ease traffic congestion at the busy Maharashtra Nagar T-junction. Currently, the GMLR flyover lacks a direct link to the highway, forcing vehicles through bottlenecks. The new flyover arms-measuring 1.47 km and 1.93 km-will bypass this signal, offering seamless access. The extensions, standing 8.5 metres high and 620 metres long, will begin construction soon following land acquisition and approvals from the Coastal Zone Management Authority and Mangroves Department. The alignment also considers proximity to metro lines and nearby airports. An earlier plan for a third arm via the Harbour line remains stalled due to pending clearances from Central Railway.Read more

17 Jun 2025

EPC firm Sugs Lloyd has secured power infrastructure contracts worth INR 74.35 crore in Bihar and Odisha, marking a key milestone in regional energy upgrades. In Bihar, it will build five substations and related 33 KV lines in Kishanganj for North Bihar Power Distribution Company Ltd. In Odisha, contracts awarded by Tata Power subsidiaries include new connections and modernisation of power networks across various voltage levels. Known for its solar and sustainable energy focus, Sugs Lloyd's growing presence underscores strong public-private trust. These projects support India's broader push for robust, efficient power infrastructure to meet increasing demand for reliable electricity.Read more

17 Jun 2025

The Solar Energy Corporation of India (SECI) has issued a tender to set up 2,000 MW of solar power with co-located energy storage systems (ESS), marking a big step in boosting India's renewable power reliability. Developers will be chosen via tariff-based bidding, and must link projects to the Inter-State Transmission System. Each 1 MW solar unit needs at least 0.5 MW/2 MWh of ESS, charged solely by solar. Projects may span multiple sites but must include co-located storage. This aligns with India's growing push for hybrid energy systems to meet round-the-clock power demand, aiming for 73.93 GW of storage by 2032.Read more

16 Jun 2025

ACME Solar Holdings Ltd has made further progress on its ambitious 300 MW solar project in Sikar, Rajasthan, by commissioning an additional 75 MW of capacity. This recent development pushes the total operational capacity at the site to 240 MW, following the earlier activation of 165 MW. With this milestone, the company's overall operational renewable energy capacity has reached approximately 2,806.4 MW. The expansion reflects ACME's ongoing commitment to strengthening India's clean energy infrastructure and supporting national sustainability goals through scalable, high-output solar installations.Read more