29 Mar 2026

CleanMax Enviro Energy Solutions is planning a capital expenditure of around INR 7,000 crore to expand its renewable energy capacity by 1,500 MW by FY27. The company is focusing on the commercial and industrial (C&I) segment, where demand for green power is rising steadily. With an existing capacity of about 2.8 GW and a strong pipeline, CleanMax aims to scale up its presence across key states. The expansion will include solar, wind and hybrid projects, along with increased inter-state supply capabilities to serve large corporate clients.Read more

29 Mar 2026

Tata Power Delhi Distribution Ltd (Tata Power-DDL) has reviewed its summer preparedness strategy, projecting peak electricity demand of around 2,622 MW in North Delhi, up from 2,410 MW last year. To meet this requirement, the utility has secured supply arrangements of up to 2,900 MW and initiated coordination with power generators, equipment suppliers, and service partners. A stakeholder workshop was conducted to assess readiness, focusing on plant maintenance, network management, and contingency planning. The initiative aims to ensure uninterrupted power supply across its licensed areas, which serve nearly 9 million consumers, amid expectations of higher seasonal demand.Read more

27 Mar 2026

Garuda Aerospace has partnered with Rajasthan Electronics & Instruments Limited to set up a drone training centre in Jaipur under a contractual arrangement. The facility will operate as a DGCA-compliant Remote Pilot Training Organisation, aimed at developing certified drone pilots for multiple sectors including agriculture, infrastructure, surveillance, and logistics. The initiative focuses on structured practical and theoretical training to address the growing demand for skilled drone operators in India. This collaboration also reflects ongoing efforts to expand drone education infrastructure through public-private partnerships.Read more

27 Mar 2026

Jindal Steel has expanded its steel-making capacity at the Angul facility in Odisha from 6 MTPA to 12 MTPA, effectively doubling output and making it one of the largest single-location steel plants in India. With this expansion, the company's total crude steel capacity has reached 15.6 MTPA, including 3.6 MTPA from its Raigarh plant in Chhattisgarh. The company has completed the expansion within the planned timeline and expects improved utilisation, stronger revenues, and better operational efficiency.Read more

27 Mar 2026

Construction costs for real estate projects in India are expected to increase by 3-5 per cent this year, according to a report by JLL. The rise is attributed to higher labour expenses, regulatory changes and evolving environmental standards, despite some moderation in key material prices. While cement, steel and diesel costs declined marginally in the past year, metals such as aluminium and copper recorded notable increases. Labour costs have also risen due to skill shortages and implementation of new labour regulations. The report indicates that these combined factors could impact project viability and pricing dynamics across asset classes.Read more

26 Mar 2026

Waaree Energies Ltd has approved a capital expenditure of INR 39 billion to set up a glass manufacturing plant, marking a significant step in expanding its manufacturing capabilities. The decision, taken earlier this week, aligns with the company's broader strategy to strengthen its presence in the renewable energy supply chain and improve backward integration. The investment is expected to support production requirements for solar modules by ensuring a steady supply of key raw materials. The move also reflects the company's focus on scaling operations and reducing dependency on external suppliers.Read more

Indore News Desk

26 Mar 2026

Authorities in Indore are preparing to launch new industrial zones by April to support the expansion of micro, small and medium enterprises (MSMEs) and strengthen the city's industrial base. The initiative is aimed at improving land availability, infrastructure and ease of doing business for smaller enterprises, which form a significant part of the local economy. The proposed zones are expected to provide serviced plots, better connectivity and essential utilities, enabling businesses to scale operations. The move aligns with broader efforts to position Indore as a key industrial hub in Madhya Pradesh while addressing increasing demand for organised industrial land and infrastructure.Read more

25 Mar 2026

Adani Green Energy has commissioned 510.1 MW of renewable power projects in Khavda, Gujarat, through its stepdown subsidiaries. With this addition, the company's total operational renewable energy capacity has reached 17,982.3 MW. The plants were activated after receiving the necessary clearances, with power generation beginning from March 22. This development strengthens the company's position as one of India's largest renewable energy players and reflects its continued expansion in large-scale solar and wind projects across key regions in the country.Read more

24 Mar 2026

The Andhra Pradesh government has initiated development of a large-scale steel manufacturing facility by ArcelorMittal Nippon Steel India in Nakkapalli mandal, Anakapalli district, with an estimated investment of INR 1.36 lakh crore. The project will be developed over 5,465 acres in two phases, with a total planned capacity of 17.8 million tonnes per annum. The first phase will deliver 7.3 million tonnes, followed by 10.5 million tonnes in the second phase. The project is expected to generate around one lakh direct and indirect jobs. In addition, a captive port with a capacity of 50 million tonnes per annum is planned at an investment of INR 11,198 crore, alongside supporting infrastructure including road connectivity to National Highway 16.Read more

24 Mar 2026

The Centre has invited bids to establish manufacturing facilities for sintered rare earth permanent magnets with a total capacity of 6,000 metric tonnes per annum under an INR 7,280 crore incentive scheme. Issued by the Ministry of Heavy Industries, the tender seeks proposals for integrated NdFeB magnet units through a two-stage bidding process. The scheme offers capital subsidies and sales-linked incentives, with capacity allocation ranging between 600 and 1,200 MTPA per unit. It also includes assured raw material supply for select bidders. The initiative aims to build a domestic value chain for critical components used in electric vehicles, renewable energy, and defence, while reducing dependence on imports, particularly from China.Read more

23 Mar 2026

State-run power producer NTPC has entered into a memorandum of understanding with UK-based Octopus Energy Group to jointly explore opportunities across electricity distribution, renewable energy, and storage segments. The agreement, signed at the Bharat Electricity Summit 2026 in New Delhi, outlines a non-binding framework for collaboration in India, the UK, and other mutually agreed markets. The partnership will also examine areas such as electric vehicle charging infrastructure, digital energy platforms, research and development, and capacity building. The initiative is aimed at improving efficiency, affordability, and reliability in power systems while supporting the expansion of clean energy solutions in multiple geographies.Read more

23 Mar 2026

India will need an estimated USD 2.2 trillion investment in its power sector over the next two decades to support capacity expansion, grid modernisation, and energy transition efforts, according to Union Power Secretary Pankaj Agarwal. Speaking at the Bharat Electricity Summit 2026, the official outlined the country's targets of achieving 500 GW of renewable energy capacity by 2030 and adding 97 GW of coal-based thermal capacity by 2034-35. The sector has seen rapid growth, with total installed capacity crossing 520 GW and peak demand deficits declining sharply. Policymakers emphasised the need for regulatory reforms, market redesign, and flexible energy systems to manage rising renewable integration, alongside initiatives such as PM-Kusum and PM Surya Ghar Muft Bijli Yojana.Read more

23 Mar 2026

Honda Motorcycle & Scooter India (Honda Motorcycle & Scooter India) has announced an investment of around INR 1,500 crore to establish a third production line at its Tapukara manufacturing facility in Rajasthan. The new line, expected to become operational in 2028, will add an annual capacity of 6.7 lakh units, increasing the plant's total output to 2.01 million units. The expansion is also projected to create over 2,000 jobs and support the company's broader capacity growth plans across India. HMSI's total production capacity is targeted to rise to about 8 million units by FY28.Read more

23 Mar 2026

India has urged global investors to participate in its power and energy sector, highlighting opportunities in manufacturing, renewable energy, and infrastructure development. A written message from Prime Minister Narendra Modi, read out at a recent energy summit, emphasized collaboration under the make in India, innovate in India, invest in India, and scale with India approach. The country's progress in non-fossil fuel capacity, along with policy reforms and initiatives like nuclear energy expansion and distributed solar adoption, was presented as evidence of a growing, investment-friendly energy ecosystem aligned with long-term development goals.Read more

23 Mar 2026

The government has revised the model concession agreement for multi-modal logistics parks to improve project execution and attract private investment. The updated framework introduces clearer performance standards, better monitoring, and faster dispute resolution. These parks, planned across 35 high freight locations, will be developed under a public-private partnership model. The changes aim to address delays seen in earlier infrastructure projects and improve ease of doing business. The initiative is aligned with larger connectivity programmes and is expected to reduce logistics costs and improve supply chain efficiency in India.Read more

23 Mar 2026

Tata Steel has approved an investment of up to USD 2 billion (around INR 18,488 crore) in its Singapore-based subsidiary T Steel Holdings to support its overseas operations. The funds will be infused in phases starting FY27 and will be used for capital expenditure and debt repayment. The move follows multiple recent infusions into the same entity and reflects the company's continued efforts to stabilise and strengthen its international business, particularly in Europe, where restructuring and cost management remain key focus areas.Read more

21 Mar 2026

Tata Power Delhi Distribution Limited has announced preparations to manage rising electricity demand during the upcoming summer season in Delhi. The utility expects peak demand within its service area to reach around 2,622 MW, while the overall peak demand across the capital could exceed 9,200 MW. To meet the anticipated requirement, the company has arranged power supply of up to 2,900 MW through multiple sourcing mechanisms including bilateral agreements and power exchange participation. Additional measures such as network upgrades, predictive maintenance and energy storage systems have been implemented to ensure reliable electricity supply across North Delhi, where the utility serves nearly nine million consumers.Read more

Noida News Desk

20 Mar 2026

Industrial activity in the Yamuna Expressway region has recorded a measurable increase, supported by the upcoming Noida International Airport, with 54 new industrial plots allotted and more than 700 lease deeds executed over the past year. Data released by the Yamuna Expressway Industrial Development Authority (YEIDA) indicates that total industrial allotments rose to 3,113, while lease deeds increased from 1,632 to 2,363 during the same period. The number of units taking physical possession of plots also rose significantly, reflecting improved conversion of allotments into active projects. The airport project, which recently received its aerodrome licence, is contributing to investor interest and project execution in the corridor, with additional indicators such as sanctioned building plans and construction activity also showing an upward trend.Read more

20 Mar 2026

The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the INR 33,660 crore Bharat Audyogik Vikas Yojna (BHAVYA) to develop 100 plug-and-play industrial parks across the country. The scheme, announced by Ashwini Vaishnaw, is expected to generate around 15 lakh direct jobs and will run from FY27 to 2031-32. It focuses on pre-built industrial ecosystems with core and value-added infrastructure, external connectivity support, and state-private partnerships. The initiative aims to strengthen manufacturing, attract investment, and improve ease of doing business.Read more

20 Mar 2026

The government is working to strengthen India's aerospace manufacturing sector by promoting global collaborations and expanding domestic production capabilities. Civil Aviation Minister K Rammohan Naidu informed the Rajya Sabha that Indian firms are partnering with global players such as Embraer and Sukhoi to set up manufacturing and assembly facilities in the country. While India already has a base in component manufacturing, the focus is now on moving towards final assembly and higher-value production. These efforts aim to attract investment, improve the aviation ecosystem, and position India as a global aerospace manufacturing hub.Read more