HP CM expects Uhl-III hydropower project to be operational by May

21 Apr 2023 CW Team

Sukhvinder Singh Sukhu, Chief Minister, Himachal Pradesh, ordered that the 100 MW UhlIII hydropower project be operational by May 2024 and that the authorities finish the tendering process for creating six green corridors by this coming October.

He declared that infrastructure for charging stations would be installed throughout these corridors' about 1,600 km length, as well as across the cities that fall within its purview.

He gave the order to replace the damaged penstock of the power project within eight months while presiding over a meeting of the Energy Department.

The Chief Minister stated that the project's commissioning has already been delayed and that the officials must put out extraordinary effort to finish the project by the deadline. He will personally visit the project site on June 15 of this year to assess the progress, and the state government will provide full cooperation for finishing this project.

Sukhu stated that in accordance with the budget announcement, the state government would offer prospective entrepreneurs from the state a 40% financial assistance for the establishment of solar power projects of 100 kW to 2 MW capacity and directed the officers to bring out the scheme's blueprint so that interested youth could take advantage of the scheme.

The officers were also given a directive by the Chief Minister to locate land in the Lahaul-Spiti district suitable for the construction of solar power plants.

Also read:
Gujarat's CM dedicates tidal regulator dam in the Navsari district
MSEDCL releases tender for 615 MW Solar Power Projects

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..