26 May 2025

The Visakhapatnam Metropolitan Region Development Authority (VMRDA) will conduct investor roadshows in Hyderabad and Bengaluru to promote a public-private partnership project for developing 88 acres in Madhurawada. Valued at INR 500 crore, the land holds strategic importance due to its proximity to major infrastructure, including a proposed metro station, an upcoming data centre, and Bhogapuram International Airport. VMRDA aims to attract investments for mixed-use developments such as residential, commercial, hospitality, and entertainment projects. This effort supports Andhra Pradesh's goal to become a USD 2.4 trillion economy by 2047, establishing Visakhapatnam as a key driver in the region's overall development.Read more

26 May 2025

Tata Power has recently announced it has exceeded 150,000 rooftop solar installations across India, achieving an aggregate capacity of 3 GW and reinforcing its leadership in the rooftop solar segment. With operations in over 700 cities and a 13.1% market share in rooftop EPC, the company reported a robust profit after tax of INR 209 crore in the last financial year. Building on this success, Tata Power aims to install rooftop solar systems in 3 million households over the next three years, aligning with government efforts to expand solar energy adoption. Its integrated manufacturing facility and extensive partnerships have played a crucial role in scaling this clean energy drive.Read more

26 May 2025

Hazoor Multi Projects Ltd (HMPL), a diversified player in infrastructure and renewable energy, has secured a toll collection contract worth INR 23 crore from the National Highways Authority of India (NHAI). The order, won through an e-tendering process, appoints the company as the user fee collection agency at the Shrishikalan Fee Plaza on a recently upgraded stretch of NH-76 in Uttar Pradesh. The project, delivered under the EPC mode, enhances HMPL's growing portfolio in the roads sector and marks another milestone in its infrastructure development journey.Read more

23 May 2025

Prime Minister Shri Narendra Modi is scheduled to inaugurate the first phase of the Indore Metro Rail project along with the newly developed Datia and Satna airports during his visit to Bhopal later this week. The announcement was made by Madhya Pradesh's Parliamentary Affairs Minister, Kailash Vijayvargiya, following a state cabinet meeting. The Prime Minister is also expected to participate in a large-scale women's empowerment programme coinciding with the 300th birth anniversary of Malwa queen Devi Ahilyabai Holkar. Nearly two lakh women are expected to attend the celebration, marking it as a significant cultural and infrastructural milestone for the state.Read more

23 May 2025

Earlier this week, Union Food Minister Pralhad Joshi announced that the government would invest approximately INR 1,280 crore to upgrade infrastructure across godowns operated by the Food Corporation of India (FCI) and the Central Warehousing Corporation (CWC). Of the total, FCI will contribute INR 1,000 crore, while CWC will invest INR 280 crore. The move aims to bolster transparency and efficiency in the public distribution system (PDS), helping to deliver quality foodgrains to over 80 crore citizens. Alongside infrastructure upgrades, the government launched three new mobile applications to strengthen monitoring and curb inefficiencies.Read more

23 May 2025

GMR Airports Ltd (GAL) has assumed full control of cargo operations at Delhi airport after the Bureau of Civil Aviation Security (BCAS) withdrew security clearance from Turkish firm Celebi, citing national security concerns. Celebi had been responsible for ground handling and cargo terminal management through its two subsidiaries. This transition ensures seamless continuation of cargo services under GAL's management, through its subsidiary Delhi International Airport Ltd (DIAL). The move reflects growing government oversight in airport security and operations, reinforcing GAL's position as a key operator at Delhi airport.Read more

22 May 2025

The Kerala government is reportedly advancing towards finalising an agreement with DLF Ltd. for the acquisition of Aspinwall House, a historic 180-year-old property in Fort Kochi. This heritage building has been central to the Kochi-Muziris Biennale since it began in 2012, drawing international artists and visitors alike. The Indian Coast Guard has also shown interest in purchasing the property due to its strategic location. However, heritage conservationists and local authorities have voiced concerns about preserving the building's cultural significance. The government is now balancing operational priorities with heritage preservation efforts.Read more

22 May 2025

Bhutani Infra has partnered with Yashoda Hospital to co-develop a large-scale, AI-driven mixed-use project in Greater Noida West, with an estimated investment of INR 1,000 crore, excluding the land cost. The collaboration will result in a futuristic campus featuring a hospital, a 5-star hotel, office and retail spaces. Yashoda Hospital, which owns the 10.25-acre site, will oversee the medical infrastructure, aiming to revolutionise healthcare delivery through predictive and preventive technology. Bhutani Infra, known for several developments in Delhi-NCR, is also co-developing the Noida International Film City with Bayview Projects, promoted by filmmaker Boney Kapoor.Read more

21 May 2025

ZF Wind Power, a division of global technology company ZF, has inaugurated a 13.2 MW test rig for gearboxes and powertrains in Coimbatore, marking a significant milestone in India's wind energy sector. The state-of-the-art facility, the largest of its kind in India, is designed to simulate dynamic load conditions, enhancing the reliability and performance of next-generation powertrain technologies. The investment is part of ZF's broader strategy to drive sustainable energy solutions and bolster India's position in the global wind energy market. The test rig also aligns with ZF Group's plans to establish a cold chamber test facility, further advancing the company's end-to-end solutions capabilities.Read more

21 May 2025

Assam has commenced the implementation of projects valued at over INR 60,000 crore, drawn from the INR 5.18 lakh crore investment proposals received during the Advantage Assam 2.0 summit held earlier this year. Chief Minister Shri Himanta Biswa Sarma, while addressing an MoU-signing ceremony for 20 projects worth INR 22,900 crore, emphasised that the state government expects investments totalling INR 1.50 lakh crore to be realised within the first year of the summit. Key projects in the infrastructure sector, including the Guwahati ring road, Narengi-Kuruwa bridge over the Brahmaputra, and the Guwahati-Silchar express highway, have already received approval. Additionally, MoUs have been signed for projects in waste management, solar power, ethanol production, and a new brownfield plant in Namrup worth INR 10,000 crore.Read more