Indore Commissions 60 MW Jalud Solar Plant

24 Apr 2026 CW Team

Indore has commissioned a 60 megawatt (MW) solar power plant at Jalud, developed by Rays Power Infra Limited and spread over 220 acres. The project was executed under the CPSU Scheme Phase II, Tranche II of the Ministry of New and Renewable Energy and the Solar Energy Corporation of India. The foundation stone was laid by Narendra Modi on 24 December 2023 and the plant was commissioned on 3 March 2026.

The project was built on a total investment of Rs 2.71 billion (bn) and was funded through green bond proceeds alongside viability gap funding of Rs 420 million (mn) from the Government of India. The facility uses domestically manufactured DCR category solar PV modules, aligning the development with the Make in India initiative. The company has entered a 10-year operation and maintenance agreement to manage plant performance.

The plant is expected to generate more than eight mn units of electricity per month and to deliver substantial savings for the Indore Municipal Corporation, with monthly electricity bill reductions estimated between Rs 30 mn and Rs 42 mn. The authority anticipates cost recovery within approximately nine years, driven by reduced procurement from conventional sources and lower operational expense. The capacity addition strengthens the city's clean energy portfolio.

From an environmental perspective the scheme is anticipated to yield about 86,000 carbon credits annually and to result in emissions reductions comparable to the impact of nearly four mn trees. The generation will primarily support energy intensive services, including water supply and pumping systems, thereby improving service efficiency and resilience. The implementation involved co-ordination with the Government of Madhya Pradesh and key state utilities.

Real Estate

14 May 2026

AIDO Launches Smart Hotel Lock for Hospitality Spaces

AIDO, an endorsed brand of dormakaba, has launched the AIDO Hotel Lock, designed to improve secure and seamless access management across hotels, serviced residences and institutional spaces. The solution combines smart security, operational efficiency and contemporary design to support modern hospitality requirements.The lock features integrated electronic mortise functionality, reverse lifting handle locking and compatibility with third-party property management system platforms, enabling smoother room access and check-in operations. Powered by 6V DC with four AA alkaline batteries, it offers..

Häfele Unveils Zenith Digital Lock

Häfele has introduced the Zenith Digital Lock, designed to enhance home security through smart technologies and versatile locking functions. Finished in Black and Grey, the lock blends with modern interiors while offering a refined, tech-enabled access experience.The lock features Smart Password technology for secure access and added protection against password tracing. Its Smart Voice function provides guided assistance for easy operation, while Smart Freeze temporarily disables access after multiple incorrect attempts, strengthening safety and control.The Zenith Digital Lock also offers mul..

KBL Revenue Rises 11 Per Cent in Q4 FY26

Kirloskar Brothers Limited reported consolidated revenue from operations of Rs 14.15 billion for Q4 FY26, compared to Rs 12.81 billion in Q4 FY25, registering around 11 per cent year-on-year growth. Consolidated Profit Before Tax stood at Rs 1.47 billion, against Rs 1.27 billion in the corresponding quarter last year. Profit After Tax stood at Rs 1.04 billion, compared to Rs 1.12 billion in Q4 FY25.For FY26, consolidated revenue from operations stood at Rs 45.38 billion, compared to Rs 44.92 billion in FY25. Consolidated Profit After Tax for the year was Rs 3.61 billion, against Rs 4.03 billio..