India Increases Windfall Tax on Crude Petroleum

Neilsoft’s ConstructMonitor will remotely monitor construction quality

Neilsoft, a focused engineering services and software solutions (ER&D) provider servicing global customers in the AEC or construction, manufacturing and industrial plants segments, announced the launch of ConstructMonitor, its SaaS solution for managing construction quality and progress. The solution, developed in collaboration between Neilsoft and Tokyo-based Fujita Corporation, is aimed at addressing construction project quality issues in larger construction projects like commercial offices, high-rise buildings, data centres, hospitals, industrial plants, factories, malls, IT parks and other..

India Pushes $3.3B Coal Equipment Orders

In a move to ensure energy security and enhance power generation capacity, India has instructed utilities to order $3.3 billion worth of equipment this year to boost coal power output. This directive aims to increase coal-fired electricity production and meet the growing demand for energy in the country. The Indian government has taken this step to ensure an uninterrupted power supply, especially during peak demand periods. The order involves the procurement of critical equipment for coal-based thermal plants, including turbines, boilers, generators, and other auxiliary machinery. This initiat..

Odisha Boosts Renewable Energy Financing

The Indian Renewable Energy Development Agency (IREDA) and the Odisha government have entered into a strategic partnership to boost renewable energy financing within the state. This significant step is marked by the signing of a Memorandum of Understanding (MoU) between the two entities, reflecting a mutual commitment to fostering the growth of renewable energy projects in Odisha. The primary objective of this collaboration is to enhance the financial support available for renewable energy initiatives, thereby accelerating the development of sustainable energy sources such as solar, wind, and ..