Government Launches New Initiative for Renewable Energy Sector

12 Jul 2024 CW Team

The Government has unveiled a new initiative focused on enhancing the growth and sustainability of the renewable energy sector. This initiative aims to bolster India's renewable energy capacity and accelerate the transition towards sustainable energy sources. Key aspects of the initiative include policy enhancements, financial incentives, and strategic partnerships aimed at fostering innovation and investment in renewable energy projects.

The initiative underscores the Government's commitment to achieving its renewable energy targets and addressing environmental challenges through proactive measures. It emphasizes creating a conducive environment for renewable energy development, promoting research and development, and facilitating ease of doing business in the sector.

Through this initiative, the Government seeks to attract domestic and international investments, spur job creation, and promote energy security. It aligns with India's broader energy strategy, emphasizing the role of renewables in meeting growing energy demands while reducing carbon emissions.

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..