Gold
Power Mech secures Rs 1.1 billion O&M contract from Dangote
The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com
Ultra-luxury homes worth Rs 24.43 billion sold in top 4 cities in 2024
Sales of ultra-luxury homes, each priced over Rs 400 million, reached 25 units across major cities until August this year, with a total value of Rs 24.43 billion, as reported by real estate consultant Anarock. Their data indicated that these homes were sold in Mumbai, Hyderabad, Gurugram, and Bengaluru during the first eight months of 2024, amounting to Rs 24.43 billion in cumulative sales. However, no sales were recorded in Pune, Chennai, or Kolkata within this exclusive price bracket. The figures covered both the primary and secondary markets. In 2023, around 61 such deals had taken place,..
MNRE proposes payment security for PM Surya Ghar solar projects
The Ministry of New and Renewable Energy (MNRE) has released draft guidelines outlining the provisions for central financial assistance and payment security mechanisms under the ?PM Surya Ghar?Muft Bijli Yojana? rooftop solar scheme. This scheme offers two models: the Renewable Energy Services Company (RESCO) model and the Utility-Led Aggregation (ULA) model. The guidelines were made public to invite comments and suggestions, with a deadline set for September 17. The Rs 750 billion rooftop solar initiative, approved by the Union Cabinet earlier this year, is expected to benefit 10 million fam..
Adani Green partners with TotalEnergies for solar project in Khavda
A strategic joint venture (JV), equally owned by Adani Green Energy (AGEL) and TotalEnergies, has been announced to manage a portfolio of solar projects with a combined capacity of 1,150 MW. These projects are located in Khavda, Gujarat, at the world's largest renewable energy plant. AGEL plans to contribute its existing assets to the JV, while TotalEnergies plans to invest $444 million to accelerate the development of these projects. This investment reflects the shared commitment of AGEL and TotalEnergies to fostering cooperation and accelerating India's transition to renewable energy. It al..
