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Budget Allocates Rs 30.42 Bn For Railway Infrastructure In Kerala
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Panasonic Life Solutions Acquires Land Parcel in Mumbai
Panasonic Life Solutions India Private Limited has made a significant investment in the Saki Vihar Road, Andheri East, Mumbai, with the acquisition of a prime land parcel worth Rs. 1.6 billion, according to property registration documents reviewed by Square Yards on the website of Inspector General of Registration (IGR) https://igrmaharashtra.gov.in. The transaction was registered in January 2025.Anand Moorthy, Co-founder and CBO, Capital Market & Services, Square Yards said, “Mumbai continues to reinforce its position as a commercial powerhouse, driven by sustained strategic investm..
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Welspun New Energy signs MoU with Odisha for Rs 135 Bn clean energy
Welspun New Energy has entered into an agreement with the Government of Odisha to invest Rs 135 billion in developing two large-scale renewable energy projects. The Memorandum of Understanding (MoU) was formalised during the Make in Odisha Conclave 2025, with the presence of Odisha Chief Minister Mohan Charan Majhi. This initiative involves the establishment of a 1,200 MW pumped hydro storage project and a 1,000 MW floating solar power project, aiming to enhance energy storage capabilities and ensure a stable supply of clean energy in the state. This investment is part of India’s broader st..
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NTPC to Power Indian Army with Green Energy from Ladakh Microgrid
NTPC has signed a long-term power purchase agreement (PPA) with the Indian Army to supply 200 kilowatts (kW) of round-the-clock renewable energy from its solar-hydrogen-based microgrid in Ladakh. The agreement, effective for 25 years, ensures a continuous supply of clean energy to the Army at Chushul, a strategic location in Ladakh. This initiative is part of NTPC's commitment to advancing renewable energy solutions while supporting energy security in remote areas. The microgrid, which integrates solar power with hydrogen-based energy storage, is designed to replace the Army's conventional di..