28 May 2026

Samsung Electronics is planning to invest nearly USD 1.5 billion in Vietnam to set up its first semiconductor testing plant in the country, according to proposal documents reviewed by Reuters. The facility, being developed near Hanoi, is expected to begin operations in 2027 and will focus on testing DRAM and NAND memory chips. The move comes as global demand for memory chips continues to rise due to rapid expansion in AI data centres. The project also strengthens Vietnam’s role in the global semiconductor supply chain, where it has already emerged as a key hub for chip assembly, packaging and testing operations.Read more

28 May 2026

• China and Hong Kong stock markets traded lower as weakness in property and AI-linked shares weighed on investor sentiment.
• The CSI 300 Real Estate Index fell 3.9% to a record low, while China Vanke continued to face pressure from its ongoing debt challenges.
• China’s industrial profits recorded their fastest growth since late 2023, but concerns over domestic demand and financing conditions continued to impact markets.
• Semiconductor and AI-related stocks declined despite continued long-term optimism around China’s technology and EV sectors.
• Analysts at CITIC Securities and UBS said investors remain focused on selective growth sectors including AI, infrastructure and chips.Read more

28 May 2026

Clean Max Enviro Energy Solutions has secured USD 575 million in financing to scale up its solar and wind energy portfolio across India. The funding has been arranged through a mix of domestic and international lenders, supporting the development of Central Transmission Utility-connected renewable projects in Rajasthan and Karnataka. These projects will add to the company’s 1 GW renewable energy capacity. The funds include contributions from public sector banks, global financial institutions, and ECB facilities, along with term loans raised by the company and its subsidiary.Read more

28 May 2026

Saatvik Green Energy has received an order worth INR 171.45 crore for supplying solar modules for a utility-scale solar project in India. The order involves TOPCon bifacial glass-glass solar PV modules, which generate electricity from both sides of the panel, improving energy output compared to conventional systems. The modules will be supplied to a domestic independent power producer. The company noted that this order reflects continued demand for advanced solar technologies in large-scale renewable projects, as India expands its clean energy capacity and strengthens solar manufacturing and deployment across key industrial segments.Read more

28 May 2026

The Brihanmumbai Municipal Corporation (BMC) plans to revive Mumbai’s first decentralised waste-to-energy plant at Pali Hill in Bandra after the facility became defunct last year. Operational since 2018, the citizen-led project developed with the Pali Hill Residents Association processed nearly one tonne of organic waste daily and generated electricity for around 69 streetlights in the locality. Civic officials are now exploring revival of the facility through CSR funding while also assessing expansion of its waste-processing capacity as part of Mumbai’s broader decentralised waste-management initiatives.Read more

28 May 2026

• Odisha could attract fresh power sector investments worth INR 25,000-30,000 crore over the next six to 12 months after revising its concessional power allocation policy for thermal projects.
• The state plans to reduce the mandatory concessional power supply from 12-14 per cent to 5 per cent, aligning with the Centre’s framework and improving project viability for developers.
• Industry representatives said the earlier policy had pushed investors towards neighbouring states like Chhattisgarh, which attracted over INR 1.5 lakh crore in thermal power investments and added more than 16 GW capacity over the past decade.
• Companies including Jindal Power, Vedanta and Adani Group are now evaluating investment opportunities in Odisha following the proposed policy change.
• The policy revision comes amid rising electricity demand across India and concerns over power shortages, infrastructure gaps and increasing project costs in the thermal power sector.Read more

28 May 2026

ACME Solar Holdings has signed a 25-year power purchase agreement with Solar Energy Corporation of India for a 300 MW/1,200 MWh ISTS-connected assured peak power project. The project was awarded under SECI’s FDRE Tranche-VII tender and will supply four hours of guaranteed electricity during non-solar hours. The company said the project will use its existing night-time grid connectivity in high irradiation zones. Following this agreement, ACME Solar’s PPA-signed portfolio has increased to 6,570 MW out of its total contracted capacity of 8,070 MW, strengthening its presence in the renewable energy and storage segment.Read more

27 May 2026

States will be able to submit applications from June 1 under the INR 33,660 crore Bharat Audyogik Vikas Yojna (BHAVYA) scheme to develop 100 plug-and-play industrial parks across India over 2026–27 to 2031–32. The first phase will select 50 proposals through two rounds of evaluation, with up to 20 projects expected in the first round ending July 31, 2026. The scheme, approved by the Union Cabinet on March 18, aims to create investment-ready industrial infrastructure with defined land and connectivity norms.Read more

27 May 2026

• NTPC reported a strong increase in quarterly and annual consolidated profit for FY26 despite a marginal decline in total income during the March quarter.
• Growth in joint venture earnings and subsidiary performance supported the company’s overall financial results during the year.
• NTPC’s coal-based power plants recorded higher operational efficiency compared to the national average Plant Load Factor during FY26.Read more

27 May 2026

Suzlon Energy reported a 5.6 per cent decline in consolidated net profit to INR 1,114 crore in the March quarter of FY26, mainly due to lower deferred tax benefits compared to the previous year. However, the company posted strong growth in revenue, which rose significantly on a yearly basis. For the full FY26 period, both profit and revenue showed notable improvement, supported by higher execution in wind turbine deliveries and a strong order book. The company also highlighted steady demand from public sector and commercial & industrial customers, along with improved cash position and operational performance.Read more

26 May 2026

• Rajasthan and the Centre have invited investors to expand electronics and semiconductor manufacturing in the state with policy support and infrastructure incentives.
• The state highlighted development of semiconductor clusters, industrial corridors and integrated manufacturing ecosystems across key regions.
• Officials stated that semiconductor and electronics investments are expected to strengthen industrial growth, domestic manufacturing capacity and employment generation in Rajasthan.Read more

26 May 2026

• The Centre has opened a four-month application window for states to seek approval for 50 industrial parks under the BHAVYA scheme.
• The scheme aims to develop plug-and-play industrial infrastructure through partnerships between states and private sector players.
• Industrial parks ranging from 100 to 1,000 acres will receive infrastructure support, with cluster-based manufacturing and regional industrialisation forming the core focus areas.Read more

26 May 2026

Dalmia Bharat has signed a Business Transfer Agreement through its subsidiary Dalmia Cement (Bharat) Ltd to acquire cement assets of debt-laden Jaiprakash Associates, currently under insolvency proceedings and acquired by Adani Enterprises via a resolution plan. The transaction, valued at an enterprise value of INR 2,850 crore, includes cement plants in Madhya Pradesh and Uttar Pradesh with 5.2 MTPA capacity, 3.3 MTPA clinker capacity and 99 MW of thermal power assets. Post acquisition, Dalmia Bharat’s capacity will rise to 54.7 MTPA.Read more

26 May 2026

• Logistea AB repurchased all 712,217 outstanding warrants through a transaction involving newly issued Series B shares.
• The company will issue 123,365 new Series B ordinary shares as part of the settlement process.
• Following the completion of the repurchase offer, no outstanding warrants remain in the company’s capital structure.
• The move is expected to simplify the company’s equity structure and reduce future share dilution risks.
• Similar capital restructuring measures have been increasingly adopted by listed real estate companies to strengthen financial stability and shareholder transparency.Read more

26 May 2026

• Flipkart and the Department of Posts sign an agreement to enhance last-mile parcel delivery services across India.
• Partnership leverages India Post’s extensive network and Flipkart’s e-commerce logistics infrastructure.
• Services will include prepaid and cash-on-delivery deliveries, OTP-based authentication and real-time tracking.
• Collaboration aims to improve delivery efficiency across urban, semi-urban, rural and remote regions.Read more

26 May 2026

• The Uttar Pradesh government has issued fresh allotment letters to companies for projects in the YEIDA region near the upcoming Noida International Airport.
• The proposed developments are expected to attract investments worth nearly INR 6,000 crore and generate around 10,000 jobs.
• The allotments form part of the state’s broader strategy to strengthen industrial, logistics and commercial growth along the Yamuna Expressway corridor.Read more

25 May 2026

Swedish Logistic Property has signed a long-term lease agreement for a new logistics property in Jonkoping, strengthening its industrial and warehousing portfolio in Sweden. The company said the project will involve the development of a facility spanning around 21,600 square metres with a total estimated investment of SEK 231 million. The property has been secured under a 10-year lease arrangement and is expected to generate an annual rental value of SEK 16.5 million. The project is also expected to improve the company’s net rental income by nearly SEK 9.5 million.Read more

25 May 2026

• Dalmia Bharat Ltd is set to acquire cement assets of Jaiprakash Associates Ltd (JAL) for more than INR 2,500 crore, as per sources.
• The deal includes 5.2 MTPA cement capacity and 3.3 MTPA clinker capacity from JAL.
• The transaction is part of the Adani Group-led restructuring of JAL after its acquisition under the Insolvency and Bankruptcy Code (IBC).
• The agreement is expected to settle earlier disputes, legal proceedings, arbitral issues and past framework arrangements related to the cement assets.
• The restructuring also involves broader asset integration of JAL across cement, power, logistics and infrastructure segments by Adani Group companies.Read more

24 May 2026

Fujiyama Power Systems has announced plans to set up a 1.2 GW TopCon solar cell manufacturing facility in Ratlam, Madhya Pradesh, aimed at expanding its domestic production capacity. The company currently operates a 1 GW Mono PERC solar cell plant in Dadri, Uttar Pradesh. The Ratlam unit is expected to begin commercial operations in Q1 FY2028, with an estimated investment of INR 350 crore funded through debt and internal accruals. The expansion focuses on backward integration, cost efficiency and ensuring supply of DCR-compliant solar cells. The company is also part of MNRE ALMM-II list and targets growing rooftop solar demand.Read more

24 May 2026

Patratu Vidyut Utpadan Nigam Limited (PVUNL), a joint venture between NTPC Limited and Jharkhand Bijli Vitran Nigam Limited, has started trial operations of its second 800 MW unit at the Patratu Super Thermal Power Project in Jharkhand. With this addition, the project’s installed capacity has reached 1,600 MW, while NTPC group capacity has crossed 90 GW. A major share of generated power is allocated to Jharkhand to support demand from industries and households. The project uses ultra-supercritical technology and is part of NTPC’s ongoing capacity expansion in eastern India.Read more