16 Feb 2026

Inox Clean Energy has entered African renewable energy markets through a joint venture with RJ Corp, marking a key international expansion move. The partnership has acquired Skypower Services MENA Ltd and plans to commission about 570 MW of renewable capacity in the first phase. Backed by sovereign-supported power purchase agreements, the projects aim to deliver over 20 per cent IRRs while limiting counterparty risks. With land and evacuation infrastructure secured, the platform targets 2.5 GW of installed capacity in Africa by FY29, funded largely through multilateral agencies.Read more

16 Feb 2026

Pace Digitek has secured a 250 MW solar power project combined with a 1.1 GWh battery energy storage system in Karnataka's Pavagada Solar Park. Awarded by Karnataka Renewable Energy Development Ltd under a tariff-based competitive bidding process, the project is intended to supply peak power and improve grid efficiency. The Karnataka Electricity Regulatory Commission has set an interim tariff of INR 5.51 per unit with Viability Gap Funding. This development marks a significant step in the state's renewable energy expansion and reinforces the role of integrated energy solutions in supporting Karnataka's power infrastructure.Read more

16 Feb 2026

State-owned Indian Renewable Energy Development Agency (IREDA) has initiated steps to raise INR 2,994 crore through an equity share issuance, subject to shareholder approval via postal ballot. The proposed fundraising will include participation from qualified institutional buyers and is structured to ensure that the President of India's shareholding is diluted by no more than 3.76 per cent after the issue. The company has indicated that the capital will be used to strengthen its capital base, support onward lending, and meet future business requirements as it evaluates growth opportunities across its operations.Read more

Pune News Desk

16 Feb 2026

An allegedly unauthorised reinforced cement concrete (RCC) structure on Pune's Baner Hills has continued to stand more than five years after the Pune Municipal Corporation (PMC) issued an order for its demolition, prompting renewed concerns from local residents and environmental groups about delayed enforcement. The structure, located in a zone reserved as a biodiversity park (BDP), was found to have been constructed without civic approval, and a notice was issued at the end of 2020 directing its removal within 30 days. Despite this, the structure which houses a statue remains intact, with activists and citizens groups urging prompt action to address potential safety risks given its proximity to a busy highway. PMC officials have said the matter is currently subject to ongoing court proceedings.Read more

15 Feb 2026

Concerns have emerged over alleged encroachment within the protected catchment area of the Bisalpur Dam by a private contractor engaged in desilting and dredging work. Environmental activists and local residents claim that land levelling and permanent construction, including proposed weighbridges, are being carried out inside a restricted zone, in violation of contract terms. The state government has acknowledged the issue and said the location of the structures will be examined. Bisalpur Dam is a critical drinking water source for several Rajasthan districts.Read more

15 Feb 2026

JK Cement has started construction of a new grinding unit in Bikaner, Rajasthan, as part of its ongoing capacity expansion strategy. The company is investing around INR 500 crore in the project, which will have an initial capacity of 2 million tonnes per annum. The unit, spread across about 100 acres along the Jaipur Bikaner highway, will be JK Cement's 20th manufacturing facility. Commercial operations are planned to commence by March 2027, strengthening supply in Rajasthan and nearby markets.Read more

15 Feb 2026

The civil aviation ministry has started a nationwide review of around 400 uncontrolled airstrips following a fatal aircraft crash near Baramati that killed five people, including Maharashtra's deputy chief minister. The move aims to examine safety infrastructure, operational procedures and coordination at airstrips that operate without air traffic control. The Directorate General of Civil Aviation has also begun special safety audits of select charter and non-scheduled operators to identify compliance gaps and recommend corrective measures to strengthen aviation safety oversight.Read more

15 Feb 2026

The Bhubaneswar Development Authority (BDA) has come under sharp criticism after it approved a building plan for a structure that was previously marked for demolition, prompting public outrage and demands for accountability. Local activists and residents said the decision raised questions about transparency and administrative oversight in the city's land-use planning processes. Critics highlighted broader concerns over illegal and unauthorised structures in Bhubaneswar, noting that a large number of constructions have been identified without proper approval, while enforcement actions have been uneven. Urban governance experts linked the controversy to longstanding issues of building plan regulation and planning authority coordination. The authorities are now facing calls to review the approval process and ensure stricter adherence to planning norms amid ongoing challenges in controlling unauthorised development in the Odisha capital.Read more

Kochi News Desk

15 Feb 2026

Cochin International Airport Ltd has commissioned the first phase of its Aero Park at Nedumbassery, marking a shift towards building an integrated aviation services hub alongside passenger operations. Spread across 36 acres, the initial development involves infrastructure investment of about INR 101 crore and is expected to generate nearly 5,000 jobs through direct and indirect employment. The phase brings together aircraft maintenance, training, business facilities and specialised safety infrastructure, with further expansion planned through an IT Park and an Aero City in the coming phases.Read more

15 Feb 2026

Mormugao Port Authority has approached the central government for around INR 1,300 crore to fund key infrastructure upgrades at the port. The plan includes redeveloping the unused Berth 9 into a modern multi-cargo facility and deepening the approach channel and berth pockets to allow larger vessels. A proposal worth about INR 750 crore for the berth upgrade has already been submitted, while a separate dredging proposal is being readied. The port has sought full funding support, citing limited internal resources.Read more