08 Jul 2026

A total of 174 families have been relocated to facilitate the construction of terminal stations for Mumbai's proposed Pod Taxi project in Bandra-Kurla Complex (BKC). The rehabilitation clears the way for implementing India's first large-scale automated personal rapid transit system, designed to improve last-mile connectivity within BKC. The project, estimated to cost INR 1,016.34 crore, will operate on a public-private partnership (PPP) model and is expected to serve the growing commuter base travelling between BKC and nearby railway stations. Construction is planned over three years, followed by a 30-year concession period.Read more

08 Jul 2026

Tata Power Solaroof, a part of Tata Power Renewable Energy Limited, has launched the 'Ghar Ghar Solar' campaign in Punjab, targeting the installation of rooftop solar systems with battery energy storage solutions across one lakh households over the next three years. According to the company, the initiative combines rooftop solar, battery storage and financing support to encourage wider adoption of distributed renewable energy. The programme aligns with the Centre's PM Surya Ghar Muft Bijli Yojana, under which eligible households can avail subsidies for rooftop solar installations. Tata Power has also introduced a village-focused campaign to promote community participation in solar adoption across rural and semi-urban areas.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

• Prime Minister Shri Narendra Modi launched the Modified UDAN Scheme with an outlay of nearly INR 29,000 crore to strengthen regional air connectivity and aviation infrastructure over the next 10 years.
• The scheme aims to develop 100 aerodromes, 200 helipads and provide continued support for regional airport operations and airline connectivity across underserved areas.
• The Prime Minister also inaugurated the new terminal building at Jodhpur Airport, developed at a cost of INR 480 crore to cater to growing passenger demand.
• The initiatives are expected to enhance regional connectivity, promote tourism and trade, and support inclusive economic development in line with the vision of Viksit Bharat 2047.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

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

IRB Infrastructure Developers Ltd has announced that its sponsored platforms, IRB Infrastructure Trust and IRB InvIT Fund, have entered into a binding term sheet for the transfer of two build-operate-transfer (BOT) highway assets at an enterprise value of INR 4,605 crore. The transaction involves highway projects in Maharashtra and Rajasthan and has received approval from the boards of the investment managers of both entities. The company said the transfer forms part of its asset monetisation and platform strategy, while supporting its long-term objective of expanding its infrastructure asset base through its sponsor and operations and maintenance platform.Read more

07 Jul 2026

Traffic on the Mumbai-bound carriageway of the Mumbai–Pune Expressway's Missing Link bypass resumed late on Monday after remaining closed for more than 18 hours due to a landslide triggered by heavy rainfall. The Maharashtra State Road Development Corporation (MSRDC) reopened two lanes following detailed safety inspections near Tunnel 2, while one lane remained closed because of continued water flow from the hillside above. The landslide damaged a protective drainage structure but did not affect the structural integrity of the tunnel. During the closure, traffic was diverted through the Lonavala ghat section, contributing to severe congestion on the expressway. Authorities restored movement only after debris removal and engineering assessments confirmed the route was safe.Read more