Essar Plans Rs 51 Billion Biofuel Complex In Gujarat

15 Jan 2026 CW Team

Ahmedabad-based Essar Future Energy Ltd on Monday announced plans to set up a large-scale biofuel complex in Gujarat’s Devbhumi Dwarka district, with a proposed investment of Rs 51 billion. The company signed a memorandum of understanding with the Government of Gujarat at the Vibrant Gujarat Regional Conference held in Rajkot.

According to the company, the project is expected to generate around 350 direct employment opportunities, with operations targeted to commence by 2029. Under the MoU, Essar Future Energy will establish the biofuel complex with an initial feedstock processing capacity of 1 million tonnes per annum.

The facility will be developed as a special economic zone unit and will focus on decarbonising hard-to-abate sectors by offering clean fuel solutions for aviation, shipping and road transport. The company said the project is expected to contribute to regional development while strengthening Gujarat’s clean fuels and bioenergy ecosystem.

The proposed complex forms part of Essar Future Energy’s broader strategy to expand its presence in sustainable fuels and support India’s energy transition through large-scale bioenergy infrastructure.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..