23 Jan 2026

Skanska AB has secured the contract for the second phase of a hospital project in Turku, Finland, with a project value of around EUR 50 million or nearly SEK 540 million. The development is part of a broader effort to upgrade healthcare infrastructure in the city. Skanska will handle core construction works, adhering to Finland's strict healthcare building standards. The project adds to the company's Nordic portfolio, where healthcare developments continue to see steady public investment.Read more

22 Jan 2026

Rays Power Infra Limited has been awarded a 300 MW renewable energy project by a Maharatna PSU, adding INR 1,912 crore to its order book of over INR 8,000 crore. The project, to be built in Karnataka under the Co-Development Business Model, will cover land acquisition, ISTS connectivity, and complete EPC execution. Modules will be sourced from the company's upcoming solar cell facility in Madhya Pradesh. With a diversified portfolio of 11,665 MWp and ongoing expansion, Rays Power continues to strengthen its position in India's renewable energy sector.Read more

22 Jan 2026

The Delhi Metro Rail Corporation (DMRC) has completed the relocation and reconstruction of the Park Street Electric Receiving Sub Station (RSS), strengthening power supply for Delhi's expanding metro network. Originally built in 2010, the substation was dismantled to enable the Central Vista redevelopment and rebuilt on alternate land provided by CPWD. The upgraded RSS will support existing corridors and the upcoming Central Vista Metro line between Indraprastha and R K Ashram Marg. Designed for future demand, it features modern transformers, GIS panels, automation systems and energy-efficient infrastructure. Enhanced safety and fire protection systems have also been installed, ensuring reliable and uninterrupted power for current and future metro operations.Read more

22 Jan 2026

L&T Vyoma has started construction of a 40 MW green, AI-ready data centre in Mahape, Navi Mumbai, the first phase of a 100 MW campus. The facility will support enterprise, build-to-suit, and NeoCloud workloads with high-density computing for AI and critical applications. It will feature liquid cooling for thermal efficiency and integrate renewable energy for low-carbon operations. The project strengthens L&T Vyoma's colocation portfolio and aligns with its three-pillar strategy. It also forms part of a national expansion plan to achieve over 200 MW across major digital hubs.Read more

22 Jan 2026

Maharashtra has signed five MoUs at the World Economic Forum in Davos, including four with Singapore-based firms, to advance the Raigad Pen Smart City project under the Mumbai 3.0 mission. The project, located near the Navi Mumbai International Airport, will be developed through a joint venture model involving private land acquisition and public development. Planned as a major business district focused on fintech and Global Capability Centres, the project is expected to expand up to 1,000 acres and support wider economic growth across Maharashtra.Read more

22 Jan 2026

The Punjab government has approved plans to modernise bus terminals in Ludhiana, Jalandhar, Sangrur, Patiala and Bathinda to improve public transport facilities and commuter experience. The upgrades will be carried out through Public-Private Partnership (PPP) models under the leadership of Chief Minister Bhagwant Singh Mann. With terminals in Ludhiana and Jalandhar handling up to 1 lakh passengers daily, the initiative focuses on easing congestion and improving efficiency. Planned improvements include better waiting areas, upgraded sanitation, organised boarding, improved safety, lighting and parking facilities, along with barrier-free access. The revamped terminals are also expected to function as integrated urban hubs with commercial amenities, supporting smoother, safer and more convenient travel across key districts in Punjab.Read more

22 Jan 2026

Uttar Pradesh has announced plans to develop a 250-acre fintech park in Sector-11 of the YEIDA area along the Yamuna Expressway. Designed as a full-fledged fintech ecosystem rather than a traditional IT park, the project will host companies across banking technology, digital payments, insurtech, fintech SaaS, and blockchain. Its proximity to the upcoming Noida International Airport and Delhi-NCR is seen as a major advantage. The Detailed Project Report is being prepared by an international consultancy, with the project expected to create large-scale employment opportunities.Read more

22 Jan 2026

The Uttar Pradesh government has signed an MOU with AM Green Group to set up a 1 gigawatt data centre in Greater Noida with an investment of USD 25 billion. The project, announced at the World Economic Forum in Davos, will be developed in phases, with the first phase starting in 2028 and full capacity targeted by 2030. The carbon-free facility will house around 5 lakh chipsets and support AI, high-performance computing, global hyperscalers, and Indian developers.Read more

21 Jan 2026

Central Railway has proposed shifting select long-distance trains from Chhatrapati Shivaji Maharaj Terminus (CSMT) and Dadar to Lokmanya Tilak Terminus (LTT) and Panvel to ease pressure on Mumbai's suburban network. The move is expected to free up train paths on the Main line, allowing around 15 additional local services, including during peak hours. The plan includes rerouting five train pairs and rescheduling six others, along with increasing train lengths to carry more passengers. Railways estimate this could benefit 40,000 to 50,000 commuters daily. The proposal is awaiting Railway Board approval and is aimed at improving efficiency while balancing suburban and long-distance travel needs.Read more

21 Jan 2026

The Indian government is set to reintroduce the build-operate-transfer (BoT) toll model for nearly half of its national highway projects in the upcoming fiscal year, covering around 5,000km with an estimated investment of INR 75,000 crore. Officials said a revised master concession agreement (MCA) will make the model more investor-friendly by improving revenue predictability and providing better exit and compensation options. Key projects, including the Nashik-Solapur-Akkalkot corridor, will lead this initiative. The government expects this move to attract private funding and accelerate highway expansion across multiple states.Read more