09 Jul 2026

Swedish Logistic Property (SLP) has announced the development of a new 5,000 square metre logistics facility in Eskilstuna after acquiring land in the Eskilstuna Logistics Park from the Municipality of Eskilstuna. The company has already secured a 12-year lease agreement for the upcoming property, providing long-term occupancy visibility. The project is expected to generate an annual rental value of around SEK 6.5 million, with the tenant scheduled to take occupancy at the beginning of the fourth quarter of 2027. The development is part of SLP's strategy to expand its logistics property portfolio.Read more

08 Jul 2026

• Germany's coalition government has proposed reforms to encourage investment in gas-fired power plants as part of its strategy to strengthen energy security during the transition away from coal.
• The reforms include raising the maximum permissible bid for power station tenders and easing certain operational requirements to improve project viability.
• The government plans to tender 12 GW of new gas-fired power generation capacity in 2026, with projects distributed across northern and southern Germany.
• Industry representatives have welcomed the measures, while opposition leaders have criticised the proposals over concerns about rising costs and increased dependence on gas.Read more

08 Jul 2026

The Himachal Pradesh government has initiated the process of taking over three hydropower projects previously allotted to SJVN, including the 382 MW Sunni project, as part of its efforts to secure greater benefits from the state's natural resources. Chief Minister Sukhvinder Singh Sukhu also directed officials to renegotiate the terms of the 500 MW Duggar hydroelectric project being developed by NHPC following proposed changes to its design. Separately, the state highlighted the resolution of the long-pending Kishau dam project, under which Himachal Pradesh is expected to receive 211 MW of free power without capital investment, generating an estimated INR 600 crore in annual revenue.Read more

08 Jul 2026

Sunsure Energy has secured a financing commitment of INR 262 crore for the development of a 75 MWp open-access solar project in Ilayangudi, Tamil Nadu. The funding package is led by Dutch entrepreneurial development bank FMO, with the remaining approximately INR 71 crore sanctioned by Axis Bank. According to the company, the transaction marks FMO's first project financing in India's Group Captive Commercial and Industrial (C&I) renewable energy segment. The project will supply renewable electricity to commercial and industrial consumers across Tamil Nadu through the open access mechanism, supporting businesses in reducing dependence on conventional power sources and advancing their clean energy transition.Read more

08 Jul 2026

Tata Power Renewable Energy Ltd (TPREL) has commissioned the 100.8 MW Jewali Wind Project in Dharashiv district, Maharashtra, expanding its operational renewable energy portfolio. According to the company, the project will supply electricity to Tata Power Mumbai Distribution to support Renewable Purchase Obligation (RPO) compliance. The wind farm is expected to generate around 299 million units of electricity annually and reduce carbon dioxide emissions by an estimated 245 million kg each year. With the commissioning, TPREL's wind portfolio has crossed 3.9 GW, while its total renewable utility capacity has reached 11.6 GW, including projects under construction across multiple states.Read more

08 Jul 2026

Kolkata-based Ganesh Industrial Complex plans to invest around INR 600 crore in developing industrial parks across the Delhi-NCR region as it expands its presence amid growing demand for industrial and logistics infrastructure. The company is currently developing an industrial park at Sohna while acquiring additional land in Haryana, with plans to establish a footprint of about 110 acres in the region. It currently holds a land bank of more than 2,500 acres across Delhi-NCR and West Bengal, including over 1,000 acres earmarked for future developments. The expansion is being driven by improved transport infrastructure, growing manufacturing activity and increasing demand for warehousing and industrial facilities.Read more

08 Jul 2026

State-owned Power Grid Corporation of India Ltd (Powergrid) has secured a green loan of JPY 80 billion from the Japan Bank for International Cooperation (JBIC) to finance the Khavda–Nagpur High Voltage Direct Current (HVDC) transmission project. The loan agreement was signed in the past month and forms part of the financing for transmission infrastructure required to integrate renewable energy into India's power grid. According to the company, the funding reflects continued collaboration between Powergrid and JBIC in developing critical electricity transmission assets. JBIC, headquartered in Tokyo, is Japan's policy-based financial institution and is wholly owned by the Japanese government.Read more

08 Jul 2026

Tata Steel is working with the Dutch government to develop a long-term transition plan for its steel operations in the Netherlands as the company responds to increasingly stringent environmental regulations that now exceed European Union standards. The discussions focus on ensuring Tata Steel Nederland remains environmentally compliant, financially viable and operationally sustainable. The company is progressing with a low-carbon transformation programme at its IJmuiden plant, while also strengthening its energy security through the acquisition of Vattenfall's co-generation power plants. Separately, Tata Steel continues to advance its decarbonisation strategy in the UK through a major investment in a new electric arc furnace at Port Talbot.Read more

08 Jul 2026

GK Energy has secured an INR 235.92 crore contract from Maharashtra State Electricity Distribution Company Ltd (MSEDCL) to deploy 10,000 solar-powered agricultural water pumping systems across Maharashtra under the Magel Tyala Saur Krushi Pump Yojana. The project covers the design, manufacture, supply, transportation, installation, testing and commissioning of 3 HP, 5 HP and 7.5 HP solar pump systems, with execution scheduled within 60 days of the work order or Notice to Proceed. Following this award, GK Energy's cumulative orders from MSEDCL have reached INR 637.83 crore. The initiative aims to expand solar-powered irrigation infrastructure, providing farmers with a reliable renewable energy source while reducing dependence on conventional electricity.Read more

07 Jul 2026

Prestige Estates Projects Ltd plans to invest between INR 14,000 crore and INR 15,000 crore in construction activities during FY27, with expenditure directed towards residential and commercial developments across South India, the Mumbai Metropolitan Region and Delhi-NCR. The Bengaluru-based developer intends to allocate the majority of the capital towards housing projects, while continuing work on office and retail developments. The planned investment follows a record FY26 in which the company achieved sales bookings of INR 30,024 crore. Prestige is also targeting annual pre-sales of up to INR 36,000 crore this financial year, supported by a project launch pipeline valued at around INR 58,000 crore, subject to regulatory approvals.Read more

07 Jul 2026

A defence manufacturing unit with a proposed investment of INR 3,000 crore is set to be developed in Shivpuri, Madhya Pradesh, with the groundbreaking ceremony scheduled to take place in the past week. The project, being established through the Adani Group, will be linked to the Uttar Pradesh Defence Industrial Corridor, according to Union Minister Jyotiraditya Scindia. The development is expected to strengthen industrial activity in the region while supporting India's defence manufacturing capabilities. Madhya Pradesh Chief Minister Shri Mohan Yadav and Karan Adani are expected to attend the foundation ceremony, which marks a significant investment in the state's emerging defence manufacturing ecosystem.Read more

07 Jul 2026

Adani Enterprises has partnered with Abu Dhabi-based International Resources Holding (IRH), an IHC Group company, to establish a USD 11.5 billion (INR 1.08 lakh crore) integrated aluminium project in Odisha through a 50:50 joint venture. The project will comprise a 4 MMTPA alumina refinery, 2 MMTPA aluminium smelter, 4,000 MW captive power plant and a 1 MMTPA downstream manufacturing park, making it India's largest integrated aluminium investment. The venture marks Adani Group's entry into the aluminium sector, challenging the dominance of existing industry leaders while supporting Odisha's emergence as a global aluminium manufacturing hub and creating over 53,500 employment opportunities.Read more

07 Jul 2026

JSW Steel has started construction of its proposed 2 million tonnes per annum (MTPA) steel plant in Andhra Pradesh through its wholly owned subsidiary, JSW Rayalaseema Steel Ltd. The project, with a total planned investment of over INR 16,350 crore, will be developed in two phases and will use Electric Arc Furnace (EAF) technology to produce low-carbon-emission structural steel. The facility is expected to strengthen the company's manufacturing footprint while supporting India's transition towards more sustainable steel production using recycled scrap and direct reduced iron.Read more

07 Jul 2026

Hindustan Petroleum Corporation Limited (HPCL) reported that its operational efficiency programme, Project Samridhi, improved earnings by USD 0.54 per barrel during FY26 through cost optimisation and refinery performance enhancements. The initiative generated EBITDA gains of INR 1,691 crore while supporting broader investments in refining, pipeline and fuel retail infrastructure. The programme forms part of HPCL's strategy to strengthen operational efficiency, expand energy infrastructure and improve financial performance across its refining and marketing network.Read more

07 Jul 2026

Tata Motors has partnered with Welspun Renewable Energy Pvt Ltd to develop an 86 MW wind-solar hybrid renewable energy project that will supply clean electricity to four of its commercial vehicle manufacturing plants across Jharkhand, Uttar Pradesh, Uttarakhand and Karnataka. The project is expected to generate around 200 million units of renewable power every year and reduce more than 1.4 lakh tonnes of carbon dioxide emissions annually. The initiative supports Tata Motors' clean energy transition and aligns with its RE100 commitment to source 100 per cent renewable electricity by 2030.Read more

06 Jul 2026

Tata Power plans to expand its public EV charging network to 10,000 charging points by 2030, reinforcing its long-term commitment to accelerating electric mobility across India. The company currently operates over 5,500 public and captive charging points, more than 1.4 lakh home chargers and 1,200-plus bus charging points across 630-plus cities and towns. As part of its roadmap, Tata Power also aims to scale its home charging infrastructure to 7.5 lakh chargers while expanding charging access across highways, airports, residential communities, commercial hubs and tourist destinations. The expansion strategy comes as the company inaugurated India's largest TATA.ev MegaCharger Hub in Mumbai, highlighting its focus on strengthening the country's EV charging ecosystem and supporting the growing adoption of electric vehicles.Read more

06 Jul 2026

Abu Dhabi-based International Holding Company (IHC) and the Adani Group have signed a joint venture agreement to develop an integrated aluminium project in Odisha with an investment of USD 11.5 billion. The project, which will be owned equally by both partners, is expected to become India's largest foreign investment in the metals sector. It will include an alumina refinery, aluminium smelter, captive power plant and downstream manufacturing park. The development is expected to strengthen India's aluminium production capacity, create more than 53,000 jobs and support the country's growing industrial demand.Read more

05 Jul 2026

AFC Furniture Solutions has announced plans to expand its operations in Maharashtra beyond Mumbai, focusing on Pune's technology corridors and Nagpur's MIHAN industrial zone. The office furniture manufacturer expects western India to contribute 25–30% of its revenue, supported by growing demand from Global Capability Centres (GCCs), industrial occupiers and commercial developments. The expansion aligns with the Maharashtra GCC Policy 2025 and increasing office leasing activity in Pune, where GCCs accounted for 69% of total office absorption during the first quarter of 2026. The company also plans to strengthen its presence through partnerships with developers, architects and corporate occupiers across the state.Read more

05 Jul 2026

Rane (Madras) Limited (RML) has signed an agreement to acquire the friction business of Hindustan Composites Limited (HCL) for an enterprise value of INR 370 crore through a slump sale. The acquisition includes the COMPO brand, two manufacturing facilities in Maharashtra and an established nationwide distribution network. The acquired business reported revenue of INR 315.04 crore and profit before tax (PBT) of INR 40.29 crore in FY26. Upon completion, RML expects to create a friction materials business with annual revenue exceeding INR 1,000 crore, strengthening its presence across automotive, railway, industrial and aftermarket segments. The transaction remains subject to regulatory approvals and is expected to close by the end of the second quarter.Read more

05 Jul 2026

• Union Minister Dr. Jitendra Singh inaugurated four advanced research and development facilities and laid the foundation stone for a 44.46 crore hostel complex at CSIR-IICT, Hyderabad.
• The new facilities focus on fluorochemicals, sustainable engineering, continuous chemical processing and wastewater treatment, with an emphasis on translating research into industrial applications.
• The minister highlighted the growing role of science in converting agricultural waste into value-added products, promoting clean energy, circular economy and industrial innovation.
• He stressed stronger collaboration between research institutions, industry, startups and MSMEs to accelerate technology commercialisation and support India's economic growth.Read more