DVC Eyes Rs 200 Bn Investment to Expand Solar Capacity to 4000 MW by 2030

09 Jul 2024 CW Team

Damodar Valley Corporation (DVC) has announced plans to invest Rs 20,000 crore to significantly increase its solar power installed capacity to 4000 megawatts (MW) by 2030. This ambitious expansion aims to bolster DVC's renewable energy portfolio and contribute to India's clean energy goals. The investment will focus on developing new solar power projects across various locations, leveraging DVC's existing infrastructure and expertise in power generation. The corporation plans to implement advanced solar technologies and enhance operational efficiencies to maximise energy output and sustainability. DVC's initiative aligns with India's renewable energy targets, emphasising the importance of scaling up solar power capacity to meet growing electricity demands sustainably. The expanded solar capacity is expected to play a crucial role in reducing carbon emissions, enhancing energy security, and promoting environmental sustainability.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..