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HCC-Coastal JV awarded Rs 785 crore contract
HCC Ltd, one of the leading infrastructure construction company, in joint venture with Coastal Projects Ltd, has been awarded a Rs 785 crore contract by Northeast Frontier Railway. The contract is...
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Mundra power plant generates 6,296 MUs in Q1
The UMPP located at Mundra has recently completed three years of operation. Tata Power’s 4,000 MW Mundra power plant generated 6,296 Million Units(MUs) in the June quarter. “Coastal Gujarat Power...
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Sepco hands over first unit of Balco’s Rs 5k cr power plant
China’s Shandong Electric Power Corporation (Sepco) handed over first unit of Balco’s Rs 5,000-crore 1,200 MW power plant to the aluminium producer. Bharat Aluminium Company (Balco), part of the Anil...
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The advantage for Lonavala
Already, an increasing number of young families are making Lonavala their home, since it offers a good quality of life and a decent commute to both Pune and Navi Mumbai. It is only a matter of time...
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Warburg to invest Rs 1,800 crore in Piramal Realty
Global private equity major Warburg Pincus will invest Rs 1,800 crore in Piramal Realty for an undisclosed minority stake in the real estate arm of Piramal Group, making it one of the largest FDI...
View ArticlePuducherry is the first Smart City nomination received by UD Ministry
In less than a month of launch of Smart City Mission by Prime Minister Narendra Modi, Puducherry has emerged as the first nomination to be received by the Ministry of Urban Development. The Government...
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Welspun Renewables commissions 52 MW solar plant in Maha
Welspun Renewables, India’s leading generator of solar energy has commissioned Maharashtra’s first mega solar capacity under the public-private partnership model. The 52 MW power plant is located at...
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Karnal, Faridabad to be developed under Smart City Mission
Karnal and Faridabad were finalised in a meeting in Chandigarh. Karnal and Faridabad will be developed under the ‘Smart City’ Mission in Haryana, Member of Parliament Krishan Pal Gurjar said. The two...
View ArticleLand Bill: Govt may allow states consent clause flexibility
The Centre may include a fresh section in it to allow state governments to have the provision of a consent clause and social impact assessment while implementing the law. According to sources,...
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SAIL’s Rs 70,000 cr modernisation program complete: Tomar
State-run SAIL’s Rs 70,000 crore modernisation programme has been completed. It will increase the capacity of the domestic steel giant to 23 million tonnes per annum (MTPA) by March next year....
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NMDC plans 3-fold jump in iron ore production to 100 MT
Government-owned iron ore producer NMDC said it plans to increase its production capacity by three-fold to 100 million by 2021-22. “We have made an ambitious plan wherein we have planned to increase...
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Housing scheme can give Rs 15 trn boost to GDP: Report
The Centre’s housing for all project is expected to give the economy a Rs 15-trillion boost over the next 7 years, but its success will depend on ramping up existing urban infrastructure, fast...
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‘High Caution’ Areas In The NCR Real Estate Market
Santhosh Kumar, CEO – Operations & International Director, JLL India The National Capital Region (NCR) has some locations that buyers are best advised to avoid. Various issues like delays in...
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Office absorption expected to be 36 msf: Cushman & Wakefield
Bengaluru is expected to lead with at least 34% share in the total Grade A Net absorption, towards the end of 2015 In the latest market report by global real estate consultants Cushman & Wakefield,...
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Global Demand For Luxury Homes Strong in the EMEA Region
Ultra wealthy individuals are buying up luxury homes around the world to further diversify their holdings, according to a new report by Wealth-X and the Sotheby’s International Realty® brand. The...
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Solar power to become cheaper: India Ratings
Solar power is likely to become cheaper and reach the level of the conventional thermal energy prices over the next two-three years, said rating agency India Ratings. In a report, the agency said it...
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SunEdison to supply solar power to TPDDL for 20 years
US-based Solar SunEdison has signed a long-term power purchase agreement (PPA) with Tata Power Delhi Distribution Ltd (TPDDL) to provide 180 MW solar power for latter’s consumers in New Delhi....
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Tata Power to raise generation capacity to 18,000 MW
Tata Power has planned to scale up generation capacity to 18,000 MW, with 20-25 percent coming from clean and green sources, by 2022. “The company plans to increase the generation capacity to 18,000...
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Govt needs Rs 4 lk cr funding to push stalled highway proj
Government needs about Rs 4 lakh crore, including borrowings of about Rs 1.53 lakh crore, in the next four years to complete stalled highways projects under its flagship road building programme....
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Make in India programme to boost stainless steel demand
Government’s Make in India programme will help in increasing stainless steel demand in the country, experts said. They also urged the government and the private players to generate steel demand in the...
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