11 Nov 2025

Coal India Limited (CIL) has partnered with Damodar Valley Corporation (DVC) to jointly expand the Chandrapura Thermal Power Station in Jharkhand, in a project worth nearly INR 21,000 crore. The two entities will share equity equally and develop two ultra-supercritical units of 800 MW each, adding 1,600 MW of capacity. Coal for the project will be supplied by CIL�s subsidiary, Central Coalfields Limited, with operations targeted to begin by FY 2031-32. Leveraging existing infrastructure, the brownfield project aims to ensure cost efficiency and timely execution. The collaboration strengthens India�s power generation base, supporting long-term energy security and sustainable growth.Read more

11 Nov 2025

Welspun Enterprises Ltd (WEL) announced earlier this week that it had received a significant contract to design, construct, and operate a 910 MLD water treatment plant at Panjrapur in Maharashtra. The project, valued at INR 3,145 crore, is set to enhance Mumbai�s water infrastructure using advanced technology solutions. Partnering with Veolia as its technology provider, the project includes extensive civil, mechanical, electrical, and instrumentation works. The company�s consolidated order book is expected to reach INR 16,330 crore following this development.Read more

10 Nov 2025

Godrej Properties remains confident of achieving or surpassing its FY26 pre-sales target of INR 32,500 crore, driven by sustained housing demand across major cities. Executive Chairperson Pirojsha Godrej said the firm met 48% of its annual target in the first half, with pre-sales rising 13% year-on-year to INR 15,587 crore. The company also reported a 21% increase in quarterly net profit to INR 402.99 crore and total income of INR 1,950.05 crore. A major Worli project with over INR 10,000 crore revenue potential is expected to boost results. Supported by strong cash flow and a INR 6,000 crore equity base, the firm remains focused on growth across key metros.Read more

10 Nov 2025

NVT Quality Lifestyle has announced an ambitious plan to triple its growth by developing three million sq. ft. of premium housing in Bengaluru over the next three years, targeting annual sales of INR 1,200�1,500 crore. Leveraging its strong land reserves in Whitefield and Sarjapur, the company aims to expand its footprint in the city�s fast-growing luxury housing market. Founding Director Dr Vivek Garg said two major villa projects will launch within six months, with further expansion planned in North Bengaluru. Established in 2010, NVT has delivered over 1,000 villa homes and built a reputation for quality, transparency, and design-led, professional development.Read more

10 Nov 2025

Housing and Urban Development Corporation Ltd. (HUDCO) has signed Memorandums of Understanding (MoUs) worth around INR 1 lakh crore with six major port authorities to finance key maritime infrastructure projects across India. The agreements aim to support the Sagarmala Programme, Maritime India Vision 2030, and Maritime Amrit Kaal Vision 2047, focusing on improving port capacity, logistics, and connectivity. HUDCO's move marks its entry into port financing, aligning with India's long-term plans to become a leading global maritime and trade hub.Read more

10 Nov 2025

Vedanta Ltd, led by Anil Agarwal, has signed a five-year power purchase agreement with Tamil Nadu Power Distribution Corporation Ltd (TNPDCL) to supply 500 MW of electricity at a tariff of Rs 5.38/kWh. Meenakshi Energy Limited (MEL) will supply 300 MW, while Vedanta Ltd Chhattisgarh Thermal Power Plant (VLCTPP) will provide 200 MW. The contract, effective February 1, 2026, to January 31, 2031, strengthens Vedanta's revenue visibility and supports the upcoming demerger of its power portfolio under Vedanta Power.Read more

10 Nov 2025

State-owned NBFC REC Ltd approved INR 7,500 crore in funding for a 1.04 GW hybrid solar-wind project in the Kurnool district of Andhra Pradesh, being developed by Evren, a joint venture in which Brookfield Asset Management holds a 51.49 % stake. The total investment in the project is estimated at INR 9,910 crore. Evren has already mapped over 3 GW of projects in the state. This transaction marks the largest private-sector sanction ever by REC Ltd. This move reflects both Brookfield's growing footprint in India's renewables and Andhra Pradesh's push for large-scale hybrid energy capacity.Read more

09 Nov 2025

Veteran actor Amitabh Bachchan has sold two adjoining luxury apartments on the 47th floor of Oberoi Exquisite in Goregaon, Mumbai, for a combined INR 12 crore. Each 1,820 sq ft unit fetched INR 6 crore and included two car-parking spaces, with total stamp duty payments of INR 60 lakh. The Oberoi Realty project is known for its upscale amenities and strategic location near key business hubs. Both buyers are reportedly Mumbai-based professionals. The sale reflects a broader trend of high-net-worth individuals reorganising their real-estate portfolios. Bachchan, who owns multiple properties across Mumbai, has been actively balancing his investments in recent years.Read more

09 Nov 2025

Homeland Group has entered the National Capital Region with the opening of its new corporate office at Baani The Statement on Golf Course Road, Gurugram. The move marks a major step in the company's evolution from a Punjab-based developer to a national real estate brand. Led by Managing Directors Mrinaal Mittal and Abhay Jindal, and guided by Director Shri Krishan Aggarwal, the Group plans a public listing in FY27, supported by an expanding premium project portfolio. With over 3 million sq. ft. delivered and 10 million sq. ft. under development, Homeland's key projects include Homeland Heights, CP67 Mall, and the upcoming 5 million sq. ft. Homeland Global Park in Mohali.Read more

09 Nov 2025

During the recent GRIHA Summit held in New Delhi, Knauf India reaffirmed its commitment to sustainability and circular material design within the construction industry. The company showcased how innovations in gypsum systems, material reuse, and circular design principles could contribute to India's shift toward climate-resilient buildings. Company executives highlighted the need for collaboration among manufacturers, architects, and policymakers to promote responsible sourcing, reduce waste, and integrate sustainability throughout the material lifecycle.Read more