Cabinet Approves 100 MW Expansion of Goaltore Solar Plant

26 Apr 2025 CW Team

The West Bengal Cabinet has approved a 100 MW capacity expansion of eastern India’s largest solar power plant at Goaltore in West Midnapore, following its recent inauguration by Chief Minister Mamata Banerjee. The plant currently generates 112.5 MW and was developed with support from Germany’s KfW Bank in an 80:20 funding arrangement. Announcing the decision, Irrigation and Waterways Minister Manas Bhunia said the Rs 6.8 billion expansion project will see Rs 4.75 billion contributed by the German partner, with the remaining 30% funded by the state government. He added that the pollution-free project will contribute to local employment generation while significantly boosting renewable energy output. Chief Minister Banerjee has also set a broader target of scaling up West Bengal’s total power generation capacity to 18,000 MW in the coming years. From just 2,000 MW in 2011, the state currently produces 10,000 MW, and five new power projects are underway as part of a Rs 480 billion investment plan.

(milleniumpost)

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..