Coal India Invests Rs 12.09 Billion in Solar Projects

18 Dec 2024 CW Team

Coal India Ltd (CIL) has allocated Rs 12.09 billion towards the development of 661 MW of ground-mounted solar power projects. The state-owned company aims to scale up its solar capacity to 3,000 MW by the 2027-28 fiscal year. This includes planned additions of 211.59 MW in FY25, 697.85 MW in FY26, 1,235 MW in FY27, and 785 MW in FY28, according to Coal and Mines Minister G. Kishan Reddy's statement in the Rajya Sabha. To ensure timely project completion, CIL has stationed its engineers on-site for regular monitoring and coordination with statutory authorities to expedite necessary clearances. Singareni Collieries and NLC India Ltd have also made significant investments in solar energy. Singareni Collieries has spent Rs 1182 billion, while NLC India has allocated Rs 67.23 billion for solar projects. CIL, responsible for over 80% of India’s domestic coal production, is increasingly diversifying into renewable energy to support the country’s energy transition goals. (TOI)

Infrastructure Urban

06 Nov 2025

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..