LDA Plans New Residential Townships in Viraj Khand and Malesemau
The Lucknow Development Authority (LDA) is finalising plans to develop new residential townships on long-vacant plots in Viraj Khand and Malesemau, aiming to revitalise unused land and meet growing housing demand.According to LDA Vice-Chairman Prathamesh Kumar, detailed designs and project reports are currently being prepared. The authority expects to finalise the plans and float e-tenders to invite private builders within the next two months. “A final decision will follow after evaluating the project reports,” he said.In Viraj Khand, the LDA proposes constructing a residential complex fea..
NHPC Plans 1,200 MW Solar Park in UP
NHPC has announced plans to develop a 1,200 megawatt (MW) solar park in Jalaun, Uttar Pradesh, with an estimated investment of Rs 7.969 billion.The project will be implemented through Bundelkhand Saur Urja Ltd (BSUL), a joint venture between NHPC and the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA). The initiative forms part of the central government’s Ultra Mega Renewable Energy Power Parks (UMREPP) programme, in line with guidelines issued by the Ministry of New and Renewable Energy (MNRE).The total project cost includes an allocation of Rs 427 million towards interes..
World Bank Explores Nuclear Energy Financing Amid Policy Tensions
The World Bank’s steering committee on Friday endorsed plans to expand energy access initiatives, including exploring potential financing for nuclear energy projects. This move aligns with recent U.S. directives aimed at broadening the bank's approach to energy sector funding.The committee’s statement also reaffirmed support for the development lender’s gender equality strategy. This endorsement comes just days after U.S. Treasury Secretary Scott Bessent criticised both the World Bank and the International Monetary Fund (IMF) for what he described as "mission creep," accusing them of dri..
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