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.

Real Estate

07 Aug 2026

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..