Crompton Wins Rs. 4.45 billion solar Rooftop Order

24 Oct 2025 CW Team

Crompton Greaves Consumer Electricals has secured its largest-ever solar rooftop order, valued at Rs. 4.45 billion, to equip over 40,000 households in Andhra Pradesh with 2 KW on-grid systems. This 77 MW project underscores the company’s rapid growth and execution capability in the renewable energy sector, just two months after entering the rooftop solar market.

The initiative comes at a time when residential solar adoption in India is expanding rapidly, driven by affordability, grid integration, and declining system costs. Crompton will manage the project end-to-end, leveraging trained personnel and a responsive service network to ensure reliable, sustainable, and easy-to-maintain solar solutions for households.

Commenting on the achievement, Promeet Ghosh, Managing Director & CEO, said, “This landmark order reflects growing trust in our ability to deliver large-scale, sustainable solutions aligned with India’s clean energy ambitions. Our focus remains on combining innovation, efficiency, and responsible growth to create long-term value for consumers and communities.”

Shaleen Nayak, Business Unit Head – Lighting, added, “Our team will ensure quality and consistency across all sites, leveraging Crompton’s execution strength and infrastructure to deliver best-in-class performance.”

Building on 85 years of expertise, Crompton continues to expand its solar business alongside pumps and lighting, reinforcing its position as a trusted provider of energy-efficient solutions while supporting India’s renewable energy goals.

Real Estate

05 Dec 2025

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..