3 hours ago

Godrej Industries Group has signed a memorandum of understanding with the Haryana government to invest around INR 20,000 crore in the state, with the proposed investments expected to generate nearly 40,000 jobs. Godrej Properties will lead the expansion, with plans to invest an additional INR 16,000 crore by FY28 across its residential developments. The group's real estate investment arm, Godrej Ventures, will also deploy INR 3,500 crore in Grade A+ office infrastructure in Gurugram. The investment programme will expand the group's presence across residential, commercial, infrastructure and related services in Haryana.Read more

12 hours ago

Renewable energy engineering, procurement, and construction (EPC) company Kshema Power has secured a contract from an undisclosed independent power producer to develop transmission infrastructure for a 315-megawatt wind power project in Karnataka. Announced on Tuesday, 25 August 2026, the contract covers civil works, equipment procurement, and commissioning of high-voltage transmission lines and unit substations. The initiative strengthens Kshema Power's portfolio in managing large-scale power evacuation networks for utility-scale green energy developments. Globally, the company has completed over 5.2 gigawatts of renewable infrastructure projects to date.Read more

16 hours ago

Suzlon Group plans to invest INR 10,000 crore in Andhra Pradesh as part of its expansion in the state, including the development of 1,325 MW of new wind projects in Anantapur district. The projects are expected to generate around 4,000 direct and indirect jobs, while the company is targeting 5 GW of additional renewable energy capacity in Andhra Pradesh by 2030. Suzlon already has more than 1,700 MW of installed wind capacity in the state and has invested around INR 12,000 crore there since beginning operations in 2004.Read more

16 hours ago

Global semiconductor manufacturer Infineon Technologies AG has entered into a definitive agreement to acquire C2i Semiconductors, a technology enterprise headquartered in Bengaluru, India. The transaction, announced in late August 2026, focuses on integrating software-defined multiphase controllers and smart power stages into Infineon's existing semiconductor operations. The deal enhances Infineon's research and development presence in India, where it currently maintains a workforce of approximately 2,800 employees. Subject to regulatory approvals and customary closing requirements, the transaction is expected to complete in the third quarter of the 2026 calendar year.Read more

26 Aug 2026

Renewable energy developers may exercise penalty-free exit options from several plain solar and high-tariff hybrid projects that are struggling to secure power purchase agreements (PPAs), Ministry of New and Renewable Energy (MNRE) Secretary Santosh Kumar Sarangi said at the BloombergNEF Summit in New Delhi. Renewable Energy Implementing Agencies (REIAs) have been asked to explore ways of getting distribution companies (DISCOMs) to procure power from stalled projects, including by modifying their project profiles within discovered tariffs. Around 42 GW of renewable energy capacity is currently without PPAs, according to Sarangi.Read more

26 Aug 2026

Commerce and Industry Minister Piyush Goyal has invited Japanese companies to increase investments in India, expand localisation and establish research, innovation and global capability centres. Speaking to Japanese businesses in Tokyo, Goyal highlighted India’s economic growth, large domestic market and expanding international trade ties through free trade agreements. He also said the government was willing to support innovation funding and encouraged companies to build engineering partnerships with Indian academic institutions. Japan is already India’s fifth-largest investor, with USD 48.14 billion in FDI received between April 2000 and March 2026, accounting for 6% of total FDI during the period.Read more

26 Aug 2026

The Vatican is planning a renewable energy plant costing around EUR 100 million that could make Vatican City fully energy self-sufficient within about two years, according to sources involved in discussions on the project. The agrivoltaic facility is expected to have a capacity of 80 to 90 megawatts and will combine solar power generation with agriculture at the Vatican-owned Santa Maria di Galeria estate near Rome. The project could take 18 to 24 months, including approvals and administrative procedures. Contracts are expected to be put out to tender in the coming weeks, with surplus electricity supplied to Italy.Read more

26 Aug 2026

DP World is seeking an extension of the concession period for its Nhava Sheva International Container Terminal at Jawaharlal Nehru Port near Mumbai beyond its 30-year tenure, which ends in 2027. The company also operates the adjacent Nhava Sheva (India) Gateway Terminal, whose concession runs until 2031. DP World said it plans to operationalise its new mega-container terminal at Tuna-Tekra by the end of next year and has committed an additional USD 5 billion investment in India. The company has already invested USD 3 billion in the country over the past three decades.Read more

26 Aug 2026

A three-day global energy event in New Delhi is expected to help advance an investment and partnership pipeline worth INR 45,000 crore in India’s power sector through 2032. Bharat Electricity, POWERGEN India & Indian Utility Week 2026 will bring together more than 15,000 professionals, over 250 exhibitors and more than 150 industry leaders to discuss smart grids, renewable energy, low-carbon solutions and digital utilities. The event will also provide a platform for project development, technology procurement, joint ventures, manufacturing proposals and strategic partnerships across the electricity value chain.Read more

26 Aug 2026

Tata Power Renewable Energy has commissioned a 190.5 MW solar firm and dispatchable renewable energy (FDRE) project at Kalasar, Bikaner, Rajasthan, forming part of a larger 460 MW FDRE project that combines solar generation with energy storage to enable on-demand power delivery. The project will supply energy to discoms HPPC, MSEDCL and NPCL. With this commissioning, the company's total renewable utility capacity has reached 12.4 GW, of which around 6.9 GW is currently operational.Read more

26 Aug 2026

India’s rapid addition of renewable power capacity is increasing the need for battery energy storage systems and pumped storage projects, while domestic battery-cell manufacturing remains far below projected demand. Industry stakeholders said the country currently has only around 2 GWh of commissioned cell manufacturing capacity against an estimated 260 GWh demand pipeline from competitive tenders in 2026. Storage is increasingly required to manage fluctuations in solar generation and provide electricity during non-solar hours. NTPC has been allocated 5 GWh of battery storage capacity under the Viability Gap Funding scheme. Research by Wood Mackenzie indicates India could take more than a decade to become self-sufficient in battery storage.Read more

25 Aug 2026

Blackstone-backed Horizon Industrial Parks Ltd made a muted debut on the Indian stock exchanges on Monday, with its shares listing close to the IPO issue price of INR 60. The stock opened at INR 59.65 on the BSE, down 0.58 per cent, while it started at INR 60.25 on the NSE, up 0.41 per cent. The company was valued at INR 16,873.63 crore at the market debut. Its INR 2,600 crore IPO was subscribed 1.45 times, with proceeds primarily earmarked for repayment of borrowings.Read more

25 Aug 2026

Godrej Industries Group has signed a memorandum of understanding with the Haryana government to invest INR 200 billion in the state, with the proposed investment expected to create around 40,000 jobs. The group, which has businesses across consumer goods, real estate and financial services, has already invested about INR 120 billion in Haryana and employs around 9,000 people in the state. Godrej Properties is expected to account for the largest share of the new investment, while Godrej Ventures plans additional spending on office infrastructure in Gurugram. The group reported revenue of USD 7.2 billion in fiscal 2026.Read more

25 Aug 2026

Defence Minister Rajnath Singh has laid the foundation stone for five brownfield expansion projects of Garden Reach Shipbuilders and Engineers (GRSE) and Yantra India Limited (YIL) in West Bengal, involving nearly INR 3,500 crore. The projects span shipbuilding and repair facilities at Kidderpore, Shalimar and Raichak, along with advanced metallurgical facilities at Ishapore. The investments are aimed at increasing defence production capacity, strengthening domestic supply chains and creating employment opportunities. The projects are also expected to support ancillary industries, particularly MSMEs, while strengthening West Bengal’s industrial ecosystem and India’s ambitions in shipbuilding and defence manufacturing.Read more

25 Aug 2026

The National Mission for Clean Ganga (NMCG) has signed concession agreements for two sewage treatment plant projects in Uttar Pradesh, covering Varanasi and Pt Deen Dayal Upadhyay Nagar. The projects include a 60 million litres per day (MLD) STP at Lohta in Varanasi and a 45 MLD STP at Pt Deen Dayal Upadhyay Nagar. The plants will intercept untreated sewage entering the Varuna River and the Ganga through local drains. Both projects will be developed under the Hybrid Annuity-based Public-Private Partnership model, with Uttar Pradesh Jal Nigam (Rural) as the executing agency.Read more

25 Aug 2026

The Chhattisgarh government has signed two memoranda of understanding with the Bhaskaracharya Institute for Space Applications and Geoinformatics (BISAG-N) and National Logistics Data Services Ltd (NLDSL) to expand the use of geospatial technology and integrated logistics data under the PM GatiShakti framework. The agreements are aimed at improving infrastructure planning, identifying connectivity gaps and supporting investment. More than 35 state departments are already onboarded on the platform, with 41 mandatory and over 600 additional data layers mapped. The state has also developed 45 use cases and 30 tools for infrastructure and development planning.Read more

25 Aug 2026

Singapore-based SATS Ltd is looking to expand its logistics presence in India by developing integrated multimodal facilities to support the country’s manufacturing sector. The company, which already operates across 14 Indian cities, has committed investments of up to INR 4,500 crore at Noida International Airport and is planning multimodal transhipment centres across major metropolitan cities. SATS Gateway Services for Asia Pacific CEO Bob Chi said the company remains positive about India’s economic growth and wants to contribute to the country’s developing transhipment network by improving links between airports and major ports.Read more

25 Aug 2026

India’s building materials, architecture, interior design and furniture sectors are coming together at Yashobhoomi in New Delhi for a four-day industry convergence featuring MATECIA 2026, THE WADE ASIA 2026, India Furniture Conclave (IFC) and the Material Technology Conference (MTC). The platforms bring manufacturers, architects, designers, developers, furniture brands, technology companies and other industry participants together across the built environment value chain. The event is showcasing materials, furniture, technology and design solutions while also hosting jury presentations, design installations, knowledge sessions, industry discussions, networking and business interactions.Read more

25 Aug 2026

India’s first large-scale biopolymer plant, being developed at an investment of INR 3,080 crore in Lakhimpur Kheri district of Uttar Pradesh, is likely to commence operations in October 2026. District Magistrate Anjani Kumar Singh reviewed construction progress at the facility on August 20 and examined its proposed production process. The plant, being developed at the Kumbhi sugar unit of Balrampur Chini Mills in Gola Gokarannath, will convert locally grown sugarcane into sugar and subsequently into Polylactic Acid (PLA)-based bioplastic on the same campus. The facility will also incorporate a Zero Liquid Discharge system.Read more

24 Aug 2026

The growth of quick-commerce, same-day delivery and changing consumer expectations is pushing logistics operators to position warehouses closer to urban demand centres. Facilities located within or near cities can reduce last-mile distances, improve delivery speeds and lower transportation costs. The shift is also encouraging the development of micro-fulfilment centres, automated storage systems and adaptive reuse of underutilised urban properties. While urban warehousing comes with significantly higher real estate costs and space constraints, operators are increasingly balancing these challenges against the operational benefits of faster and more efficient deliveries.Read more