India to Commission Chenab Power Projects in FY27

13 May 2025 CW Team

The Government of India plans to commission the 1,000 MW Pakal Dul and 624 MW Kiru hydropower plants on the Chenab river by the second quarter of financial year 2026–27. This follows a directive from the Ministry of Power to fast-track delayed projects in Jammu and Kashmir after the recent suspension of the Indus Waters Treaty.

Power Secretary Pankaj Agarwal confirmed that contractors for five ongoing hydro projects in the region have been summoned and instructed to avoid further delays. The Pakal Dul plant is under construction on the Marusudar tributary in Kishtwar, while Kiru is also being developed in the same district.

Both projects are led by National Hydroelectric Power Corporation (NHPC) and are considered strategic assets in India’s shift towards clean energy. Pakal Dul will be the largest hydropower station in the region upon completion.

The ministry is closely monitoring other projects such as Parnai (38 MW), Kwar (540 MW), and the 850 MW Ratle plant, with staggered commissioning scheduled between FY27 and FY29.

In parallel, India is reviewing hydropower policy incentives such as tax waivers and infrastructure grants. These moves are expected to accelerate clean energy development, particularly in sensitive geographies like Jammu and Kashmir.

Source:Moneycontrol

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..