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.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..