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Prestige Estates Raises Rs. 30 bn from CPPIB for Hospitality Arm

Mumbai, Oct. 5 -- Realty firm Prestige Estates Projects said its hospitality arm has raised Rs. 30 bn from the Canada Pension Plan Investment Board (CPPIB) by diluting a 27 per cent stake. The investm... Read More


KPI Green Energy Wins Rs. 20.25 bn Rajasthan Solar EPC Order

Mumbai, Oct. 5 -- Gujarat-based renewable power generation company KPI Green Energy announced on September 29 that it had received a work order valued at approximately Rs. 20.25 bn, including taxes an... Read More


Inox Clean Energy Files Papers for Rs. 100 bn IPO

Mumbai, Oct. 5 -- Renewable energy company Inox Clean Energy has filed draft papers with the Securities and Exchange Board of India (Sebi) to raise up to Rs. 100 bn through an initial public offering ... Read More


Blueleaf Energy Acquires 40 MW Wind Asset in Karnataka

Mumbai, Oct. 5 -- Pan-Asian renewable energy platform Blueleaf Energy has acquired a 40 MW operating wind power asset in Karnataka's Belagavi district. The transaction marks the company's first purcha... Read More


NTPC Commissions 153.94 MW Solar Capacity in Rajasthan

Mumbai, Oct. 5 -- NTPC has commissioned the second and third parts of the Kalasar Solar Energy Project in Bikaner, Rajasthan, with capacities of 73.06 MW and 80.88 MW, respectively. The additions take... Read More


TrueRE Oriana Power Sells 110 MWp Portfolio to Actis

Mumbai, Oct. 5 -- Integrated renewable energy firm TrueRE Oriana Power has sold its 110 MWp Commercial and Industrial (C&I) solar portfolio to sustainable infrastructure investor Actis at an enterpris... Read More


India Grid Needs Smarter Planning for 500 GW Renewable Target

Mumbai, Oct. 5 -- India's power transmission network will require significant changes to support the country's renewable energy ambitions and rising electricity demand, according to a report by manage... Read More


Assam to Get India's First Underwater Road-cum-Rail Tunnel

Mumbai, Oct. 5 -- Union Road Transport and Highways Minister Nitin Gadkari has announced that Assam will host India's first and the world's second underwater road-cum-rail twin-tube tunnel. The projec... Read More


Srinagar Upgrades 118.06 km of Roads, Widening Projects Face Delays

Mumbai, Oct. 5 -- As many as 118.06 km of roads have been macadamised or upgraded across Srinagar district during the current financial year, although several road-widening projects remain delayed by ... Read More


NHAI Plans Measures to Curb Stray Cattle on Highways

Mumbai, Oct. 5 -- The National Highways Authority of India (NHAI), in coordination with central and state road departments, is preparing measures to prevent accidents caused by stray cattle on nationa... Read More