Latest-Construction-News

SECI debars Reliance Power, Reliance NU BESS from its tenders

It is done for three years for allegedly submitting fake documents.

Tata Power acquires Paradeep Transmission for Rs 186.4 Mn

Tata Power has signed the Share Purchase Agreement (SPA).

Reliance Power to legally challenge Indian clean energy agency's ban

Solar Energy Corporation of India Limited (SECI) had banned Reliance Power for tenders.

Brookfield India REIT to raise Rs 35 billion for debt reduction and growth

In the second quarter, Brookfield India REIT reported a 40% rise in net operating income.

RVNL rises 4% after Rs 1.8 billion order from East Central Railway

The project is expected to be completed within 18 months.

India leads Asia Pacific office market; Accounts for 70% of demand

In Q3 2024, India introduced over 14.4 million square feet of new office space.

Propsoch secures $500k pre-seed funding led by Godrej, Vakil Group

The funds will aid Propsoch’s Mumbai and Pune expansions and scale Bengaluru operations.

Noida and Greater Noida developers oppose new registration mandate

The developers expressed concerns over the lack of refund policy in booking cancellations.

Goa approves 52 zone change applications covering 140,000sqm

These parcels have received provisional clearance for conversion.

Ghaziabad Development Body earns Rs 580 million from property auctions

GDA approved a plan to subdivide the Indirapuram Extension land into smaller plots.

Karnataka targets 43.33% renewable energy by 2030

Distribution licensees must source minimum share of their energy from non-fossil sources.

Mahanagar Gas and IBC to build Rs 2.3 billion li-ion cell gigafactory

MGL and IBC US will each hold 44% and 56% of the shares, respectively.