Projects

Pace Digitek IPO is a play on energy storage opportunity

The company seems to be geared up for opportunities in the energy storage space. It aims to double BESS capacity to 10 GW in the next two years. It's also bidding for tenders in this space

Bengaluru’s urban railway upgrade to connect key tech corridors on slow track

Byappanahalli-Hosur and Yeswantpur-Channasandra track doubling projects, along with Cantonment–Whitefield quadrupling, aimed at running more trains and improving services in Bengaluru, have missed multiple deadlines.

Bengaluru’s civic body should get its basics right before vanity projects: Experts

While large parts of the city still lack basic infrastructure and many projects remain stalled or incomplete, BBMP—without an elected council since September 2020—continues to prioritise big-ticket projects.

Power Grid raises capex to Rs 23,000 crore citing soaring electricity demand

For FY26, the capex will be in the range of about Rs 28,000-30,000 crore, up from Rs 20,000 crore as previously planned. For FY27, the Capex will be Rs 35,000 crore, instead of Rs 20,000 crore.

Karnataka partners with Microsoft to fast-track approvals for industrial projects

Karnataka’s Minister for Large and Medium Industries MB Patil said the maximum time for granting approvals for industries will be reduced from 300 days to a maximum of 100 days.

Kolkata Doctor Case Highlights: Protesting junior doctors go on fast, claim govt failed to address concerns

India News Highlights: Junior doctors, protesting over RG Kar horror, go on fast unto death claiming that West Bengal govt failed to fulfil their demands

PM Modi to visit Jharkhand on Oct 2; will lay foundation stone, inaugurate projects worth Rs 83,300 cr

Prime Minister Modi will launch Dharti Aaba Janjatiya Gram Utkarsh Abhiyan with a total outlay of over Rs 79,150 crore, a statement issued by the Prime Minister's Office (PMO) said.

Mumbai TDR policy may derail current real estate cycle: Mahindra Lifespace MD

As part of the Dharavi redevelopment project, the Maharashtra government has mandated that developers in Mumbai must source at least 40 percent of their transferable development rights (TDR) requirements from the Dharavi project at 90 percent of ready reckoner rates

'Brand Bengaluru' caught between DK Shivakumar’s vanity projects and city's crumbling infra

Deputy CM and Bengaluru Development Minister DK Shivakumar has been pushing for tunnel roads, skydecks, double-decker flyovers, Metro extensions to the outskirts, and an amusement park near the Krishnaraja Sagar (KRS) dam in Mandya district. However, many existing infrastructure projects in Bengaluru remain stalled.

Kalpataru Projects International raises Rs 150 crore via NCDs

The unsecured, rated, listed, redeemable NCDs will be listed on Wholesale Debt Market Segment of BSE, a regulatory filing stated.

Modi to unveil projects worth Rs 11,600 crore in Assam

On Sunday, Prime Minister Narendra Modi will launch development projects in Assam totaling roughly Rs 11,600 crore. Modi will attend a public meeting at 11.30 a.m. at the Veterinary College Playground in Khanapara, where he will reveal numerous state and central projects.

Karnataka govt gives nod to 73 projects worth over Rs 3,900 cr

Karnataka's State-Level Single Window Clearance Committee, led by Minister M B Patil, approves 73 projects totaling Rs 3,935.52 crore.

NHAI awards projects worth Rs 9,384 crore after three-month delay

All projects awarded by the NHAI have been clubbed into two categories called Bundle 13 and Bundle 14 and were expected to be awarded in September 2023.

Xi Jinping to visit Hanoi amid growing closeness between US and Vietnam

During the visit a multi-billion-dollar rail link and mining of rare earth projects are likely to be finalised between the two sides.

Patnaik launches Rs 3,178 crore bus scheme for rural areas, inaugurates projects in Odisha's Malkangiri

Patnaik, who undertook a one-day visit to Malkangiri district, flagged off 36 buses under the scheme in the district which aims to connect all the 111 gram panchayats with the district headquarters and the state capital.

China refuses to fund fresh CPEC projects in Pakistan

China has invested over $25 billion in Pakistan for the project. Beijing is now against further expanding cooperation in the areas of energy, water management, and climate change. It is concerned about the safety of its workers in Pakistan as a number of terrorist attacks have targeted them.

PM Modi inaugurates projects worth over Rs 24,300 crore in Rajasthan's Bikaner

He also laid the foundation stone for the redevelopment of the Bikaner railway station and the doubling of the 43-km-long Churu-Ratangarh section.

Here’s why luxury housing is gaining traction

Demand for larger apartments has gone up after the pandemic, while builders also increase their realisations from the sale of luxury homes.

MC Explains: All about grading real estate projects by RERAs

Like its UP counterpart, the Maharashtra regulator has initiated a process to rank projects, but faces some legal issues

Brigade to launch 10 housing projects in FY24; to invest Rs 3,000 crore on construction: MD

Bengaluru-based Brigade Enterprises achieved a record sales bookings of Rs 4,109 crore, mostly housing with small portion of commercial properties, a 36 per cent growth from the 2021-22 financial year.

Thermal power plants capacity utilisation projected to improve to 65.1% in FY24: Icra

In its latest report, Icra projected the all-India thermal PLF level to improve to 65.1 per cent in FY2024 led by the growth in electricity demand and limited thermal capacity addition.

67 first mile connectivity projects likely to complete by 2027: Coal Ministry

At a review meeting chaired by M Nagaraju, Additional Secretary, to assess the progress of FMC projects of coal companies, the ministry reviewed 67 FMC projects — Coal India (59), SCCL (5) and NLCIL (3) — with a capacity to load 885 MT coal per annum.

Govt plans to develop more than 250 projects in 5 years under Parvatmala Pariyojana: Nitin Gadkari