India Achieves Historic Milestone in Renewable Energy Growth in FY 2024-25

02 Apr 2025 CW Team

India has achieved a significant milestone in its renewable energy transition, adding 25 GW of capacity in FY 2024-25, a 35 percent rise from the previous year’s 18.57 GW. This growth aligns with Prime Minister Narendra Modi’s vision for a sustainable and self-sufficient energy future. The solar power sector has played a pivotal role in this achievement, with capacity additions increasing from 15 GW in FY24 to 21 GW in FY25, marking a 38 percent surge. The country also surpassed 100 GW of total installed solar capacity for the first time.

Domestic solar manufacturing has seen remarkable growth under the Atmanirbhar Bharat initiative. Solar module production capacity nearly doubled from 38 GW in March 2024 to 74 GW in March 2025, while solar PV cell manufacturing capacity tripled from 9 GW to 25 GW. India also saw the commencement of its first 2 GW ingot-wafer manufacturing facility. Under the Production Linked Incentive Scheme for High-Efficiency Solar PV Modules, investments worth Rs.41,000 crore have been made, creating direct jobs for approximately 11,650 individuals.

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..