06 Feb 2026

NTPC Green Energy Ltd has commissioned 125 MW of solar capacity at Phalodi as part of the 500 MW Bhadla Solar PV Project, bringing the NGEL Group's total commercial capacity to 8,813.25 MW. The company received certification from the Rajasthan Renewable Energy Corporation Limited, declaring this portion of the project operational from the end of January. This development strengthens NTPC's renewable energy portfolio in India, complementing its previous Bhadla phases and other solar initiatives across Rajasthan, reflecting the company's consistent effort to scale up clean energy generation.Read more

06 Feb 2026

Indian Energy Exchange reported a 19 per cent rise in electricity traded volumes in January, supported by strong growth in the real-time and green power segments. While day-ahead volumes saw moderate gains, real-time trading expanded sharply due to rising grid balancing needs. Renewable energy certificate trading declined year-on-year, with lower volumes and softer prices. Green power volumes increased, though average prices eased due to higher renewable availability. The exchange has lined up new REC trading sessions in February to support ongoing market participation.Read more

06 Feb 2026

Menzies Aviation has secured a 15-year ground handling licence at Kempegowda International Airport, Bengaluru, strengthening its presence at one of India's busiest airports. The licence, awarded by Bangalore International Airport Limited, will come into effect from 1 April 2026, subject to regulatory approvals. Menzies will provide passenger, ramp and baggage handling services across both terminals. The company plans to invest over USD 9.2 million in equipment and hire around 1,000 employees, building on its long-standing cargo operations at the airport.Read more

Chennai News Desk

06 Feb 2026

Chennai has initiated construction of a major multi-modal transport hub at the Broadway bus stand, with the foundation laid by Chief Minister M K Stalin in the past week. The INR 822.7 crore project includes a nine-storey bus terminal and a ten-storey commercial building, covering 26,240 sq m with 1.36 lakh sq m of built-up area. Designed to integrate buses with the High Court Metro station, MRTS, and suburban rail, it will feature 73 bus bays, retail and office spaces, modern amenities, and parking for 433 cars and over 1,100 two-wheelers.Read more

Mumbai News Desk

06 Feb 2026

Mumbai's residential development landscape saw a pronounced decline in studio apartment supply during 2025, with only 790 studio units launched across the city — the lowest figure recorded in the past five years, according to data from the Maharashtra Real Estate Regulatory Authority (MahaRERA). This segment accounted for just 2 per cent of total housing launches in the calendar year, which comprised 42,643 units across all configurations. By contrast, smaller apartments such as 1 BHK and 2 BHK homes continued to represent the bulk of new supply, together making up nearly 60 per cent of all launches. The fall in studio introductions underscores a shift in developer focus and market dynamics, as competitors prioritise larger configurations that offer higher revenue potential amid an overall slowdown in housing supply in India's largest residential market. Analysis of launch trends suggests that subdued interest in micro-units aligns with broader structural real estate patterns in the city.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

Nalwa Aero has signed a strategic agreement with helicopter operators Global Vectra Helicorp, Pawan Hans Ltd, and Himalayan Heli Services to launch electric air taxi (eVTOL) services in India. The partnership includes pre-orders from Himalayan Heli for Nalwa's aircraft, aiming to offer fares as low as INR 200 per passenger on short routes. The eVTOLs will serve pilgrimage destinations like Char Dham, urban and intercity air travel, air ambulance services, and offshore logistics. Nalwa Aero has received regulatory approvals and plans full-scale operations by 2028, targeting efficient, quiet, and sustainable air mobility.Read more

Gurugram News Desk

05 Feb 2026

Gurugram Metro Rail Limited (GMRL) has formally requested the Haryana Shehri Vikas Pradhikaran (HSVP) to allocate parcels of land for the construction of entry and exit points at eight stations on the first phase of the Old Gurugram Metro project. The stations requiring land include Millennium City Centre, Sector 45, Sector 33, Udyog Vihar Phase Six, Sector 10, Sector 37, Basai and the station near Dwarka Expressway, with individual requirements ranging from around 287 sq m to over 700 sq m per site. Most of this land is reportedly HSVP-owned, and the authority is considering the request. Should any portions be privately held, acquisition will proceed under Gurugram Metro's updated land policy, supported by a state-level land acquisition committee chaired by the deputy commissioner. Metro construction is underway between Sector 45 and Bakhtawar Chowk, with elevated viaduct work poised for pillar slab erection by May.Read more

05 Feb 2026

Adani Ports and Special Economic Zone Ltd posted a 21 per cent rise in consolidated net profit to INR 3,043 crore for the December quarter of FY26, driven by higher cargo handling revenues. Quarterly revenue grew 22 per cent to INR 9,705 crore, with domestic ports contributing the majority. For the April-December period, net profit rose 18 per cent to INR 9,474 crore. Following the consolidation of NQXT Australia, the company raised its FY26 revenue and EBITDA guidance and maintained its cargo handling and capex outlook.Read more