50 lakh smart meters installed in India; highest in UP, Bihar

TKIL, KIS Partner to Boost Biogas in Clean Energy Push

In a strategic move to diversify its operations and support India’s clean energy goals, TKIL Industries (formerly thyssenkrupp Industries India) has entered the bio-chemicals sector through a new partnership with KIS Group, a global leader in sustainable biofuel technologies. The collaboration focuses on boosting Compressed Biogas (CBG) production using advanced technology and localized biomass resources. This association marks a significant step for TKIL Industries as it expands into the renewable energy space. By leveraging KIS Group’s expertise and proprietary technologies, the company..

Noida & Jewar Set for Sharp Rise in Property Costs

Noida and Jewar may oversee significant price hikes for properties. This is due to a recent proposal from Gautam Buddha Nagar which outlines plans to increase circle rates, the minimum price at which a real estate property can be sold to a buyer as determined by the government, in both cities. This increase in circle rates would lead to an increase in the stamp duties a homebuyer would have to pay. Under the proposal, high-rise apartments in Noida may see a 20 per cent increase, while Greater Noida is set for a 30 per cent hike. The most substantial rise is expected in agricultural land pric..

MAN Industries Monetises Navi Mumbai Land for TRs 7.20 Bn

In a strategic move to unlock value from its non-core assets, Merino Shelters Pvt Ltd (MSPL), a wholly owned subsidiary of MAN Industries (India), has entered into a development agreement with Paradise Green-Spaces LLP to monetize a prime land parcel in Nerul, Navi Mumbai, valued at approximately Rs 7.20 to 7.70 billion.The transaction, finalized on March 31, 2025, grants development rights for a approximately 6-acre plot located directly opposite the D.Y. Patil Stadium, one of Navi Mumbai’s most prominent landmarks. The location also benefits from its proximity to the upcoming Navi Mumbai I..