News

The Department of Financial Services, under the Ministry of Finance, has launched the Bharat Maritime Insurance Pool (BMIP) with a capacity of $1.5 billion, backed by a sovereign guarantee of $1.4 billion (Rs 129.8 billion), […]

Natrinai Ventures commissions 75 MW pooling substation in Tamil Nadu

Natrinai Ventures has commissioned a 75 MW, 110/33 kV pooling substation at Pudukkottai in Tamil Nadu. The substation will facilitate power evacuation from the company’s solar assets in the region to the state grid. The […]

Waaree Energies signs PPA with SECI for 300 MW wind project in Gujarat

Waaree Energies Limited’s wholly-owned step-down subsidiary, Waaree Forever Energies Four Private Limited, has signed a power purchase agreement (PPA) with Solar Energy Corporation of India Limited (SECI). The PPA has been signed for development of […]

LTTS partners Emerson to set up test and measurement CoE in Mysuru

L&T Technology Services (LTTS) has entered into a strategic global partnership with US-listed Emerson to establish a centre of excellence (CoE) at its Mysuru campus for jointly developing test and measurement solutions, industrialisation and applied […]

Vedanta targets $300-400 million value creation through AI deployment

According to Vedanta, it expects to generate $300-400 million in value over the next three years through the large-scale deployment of artificial intelligence (AI) led industrial technologies across its businesses. The company stated that initiatives […]

Centre inaugurates various rail sections in Hyderabad, Telangana

The Union Government inaugurated the Warangal-Kazipet, Nekonda-Mahabubabad and Errupalem-Dornakal Junction sections of the Kazipet-Vijayawada Third Line Project along with the Kazipet Rail Under Bypass Line Project on May 10, 2026. The Kazipet-Vijayawada Third Line Project […]

Centre revises BOT guidelines; allows big funds to bid for highway projects

The Ministry of Road Transport and Highways (MoRTH) has opened the door for large financial investors to bid for build-operate-transfer (BOT) road projects, after several projects failed to draw private interest due to concerns over […]

IndiGrid commissions 180 MW/360 MWh BESS project in Gujarat

IndiGrid has commissioned a 180 MW/360 MWh battery energy storage system (BESS) project in Gujarat. The project was jointly developed with EnerGrid, with Gujarat Urja Vikas Nigam Limited (GUVNL) serving as the off-taker. The project […]

Barrier-free MLFF tolling promises annual savings of Rs 60 billion and cleaner highways

India’s highways are moving to Multi-Lane Free Flow (MLFF) tolling, a barrier-less system that will let vehicles pass without stopping, which the government estimates could save around Rs 60 billion annually in operational costs and […]

27-hectare land parcel finalised for depot under Jaipur Metro Rail Project Phase II

About 27 hectare land near Bambla Pulia has been finalised for a metro depot under the Jaipur Metro Rail Project Phase II. The depot is likely to be completed by 2029 at an estimated cost […]

HFCL secures export orders worth Rs 1.83 billion for OFCs

Himachal Futuristic Communications Limited (HFCL) has announced that the company has secured export orders worth around Rs 1.83 billion from international customers for the supply of optical fibre cables (OFC). The orders have been received […]

Indian Railways sanctions Rs 3.62 billion for Kavach installation across Northern Railway zone

Indian Railways (IR) has sanctioned Rs 3.62 billion for Kavach installation on 1,478 route km (rkm) across Northern Railway (NR) zone. This includes 1,012 rkm on balance sections of Firozpur railway division at an estimated […]

JSW Infrastructure receives customs clearance for its container terminal at NSD, SMPK

JSW Infrastructure has received customs clearance to commence operations at its container terminal at Netaji Subhash Dock (NSD) under Syama Prasad Mookerjee Port Authority, Kolkata (SMPK), for berth no. 7 and the adjoining backup area. […]

Pace Digitek secures Rs 7,020 million BESS contracts from DVC

Pace Digitek has secured battery energy storage system (BESS) supply, erection and long-term operation and maintenance (O&M) contracts from Damodar Valley Corporation (DVC) for the implementation of a 250 MW/500 MWh BESS project at Maithon, […]

Hotayi Electronics to invest Rs 7 billion in Gujarat semiconductor facility

Malaysia’s Hotayi Electronics will invest Rs 7 billion at Sanand in Ahmedabad, over the next 10 years, with Gujarat deputy chief minister handing over the offer-cum-allotment letter to the firm on May 07, 2026. The […]

Delhi Metro and Airtel Payments Bank launch co-branded RuPay transit cards