Hero Future Energies Secures Rs 19.08 Bn for 120 MW Hybrid Project
Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19,080 million in funding from State Bank of India (lead) and Canara Bank for the development of its 120 MW renewable energy (RE) hybrid project in Kurnool, Andhra Pradesh.The project, contracted with SJVN, integrates wind, solar, and storage technologies to provide reliable peak power. The funding, structured with a 21-year repayment tenure, will support timely project execution and the commencement of commercial operations.This financial closure underscores the banking community’s confidence in ..
SANY India Opens New 3S Branches in Visakhapatnam and Palwancha
SANY India, a leading manufacturer of construction, mining, road, logistics, and energy equipment, has expanded its presence in southern India by inaugurating two new 3S (Sales, Service, Spares) branch offices in Visakhapatnam (Andhra Pradesh) and Palwancha (Telangana). The expansion, in partnership with its authorised dealer Madhura Engineering Services, reinforces SANY’s commitment to providing world-class equipment and faster service access in key industrial and mining hubs.These new facilities complement Madhura Engineering’s existing branches in Guntur and Vijayawada, marking a strate..
Compact Homes Lead Demand as Indian Housing Market Stabilises: Magicbricks
Magicbricks, India’s leading real estate platform, has released its PropIndex Report for July–September 2025, revealing signs of stabilisation in the housing market. Despite affordability pressures, housing demand grew 3.1 per cent QoQ, driven largely by compact homes. The share of 1–2 BHK units rose to 54 per cent of total demand, reversing a two-year decline and signalling renewed focus on affordability.While overall supply increased marginally by 1 per cent QoQ (–4.5 per cent YoY), property prices continued to rise. Pune (+41.4 per cent YoY), Mumbai (+29.6 per cent YoY), and Greater..
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