India, Russia Reaffirm Nuclear and Energy Cooperation

10 Dec 2025 CW Team

India and Russia on Friday reaffirmed their commitment to deepening cooperation in civil nuclear energy and the wider energy sector, underscoring the strategic importance of their Special and Privileged Strategic Partnership. The joint statement followed the 23rd India–Russia Annual Summit, during which both sides reviewed ongoing and prospective collaboration across multiple energy domains.

The discussions covered cooperation in oil and oil products, refining and petrochemical technologies, oilfield services, upstream exploration technologies, LNG and LPG infrastructure, and underground coal gasification. The two nations also examined progress in nuclear energy projects. Both sides stressed the need for timely resolution of issues affecting energy investment projects and agreed to work jointly to address investor concerns.

The leaders welcomed advancements at the Kudankulam Nuclear Power Plant, including the construction of the remaining units, and reaffirmed their commitment to meeting timelines for equipment and fuel supply. They also emphasised continued consultations on identifying a second nuclear power plant site in India, with the Indian side committed to completing the formal allotment process in line with prior agreements.

India and Russia further agreed to accelerate technical and commercial engagements on Russian-designed VVER nuclear reactors. Key focus areas will include research and joint development, localisation and the joint manufacturing of nuclear equipment and fuel assemblies for large-capacity reactors, subject to mutually agreed terms.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..