Infrastructure stable, wind power dips in FY24 forecast: Report
POWER & RENEWABLE ENERGY

Infrastructure stable, wind power dips in FY24 forecast: Report

India Ratings and Research (Ind-Ra) reaffirmed a stable outlook for the energy and transport infrastructure sectors for fiscal year 2024. The agency had forecasted an improvement in traffic volumes for transport infrastructure while anticipating growth in electricity demand to positively in...

India Ratings and Research (Ind-Ra) reaffirmed a stable outlook for the energy and transport infrastructure sectors for fiscal year 2024. The agency had forecasted an improvement in traffic volumes for transport infrastructure while anticipating growth in electricity demand to positively influence utilisation of thermal assets. Nevertheless, the wind power segment faces a negative outlook due to the unpredictability of generation levels. E-bus projects too joined the ranks with a stable outlook. Contact: India Ratings and Research Tel: 022 4000 1700 Email: www.indiaratings.co.in

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Technology

AirBrick Infra Sets Rs 1 billion Target, Expands to Dubai and Tier-II Cities

AirBrick Infra, one of India’s fastest-growing AI-led commercial interior design and build firms, has announced a sales order target of Rs 1 billion for FY 2025–26. The projection represents a 50 per cent growth over the previous fiscal year and reflects rising demand, increased repeat business, and the company's robust tech-first delivery model.  Now in its third year of operations, AirBrick continues its rapid scale-up, having successfully delivered over 70 projects spanning 3 lakh sq ft in FY 2023–24. FY 2024–25 witnessed the onboarding of several Fortune 500 clients, sett..

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Resources

Virtusa Foundation Powers Green Education Drive in Bengaluru

The Virtusa Foundation, CSR arm of digital engineering and technology leader Virtusa Corporation, has announced key infrastructure and mobility initiatives at the Ramakrishna Mission, Shivanahalli, Bengaluru. The launch marks the inauguration of a 16-room residential facility for lady teachers and the deployment of two solar-powered electric buses, underscoring Virtusa’s commitment to its core pillars of Education, Environment and Empowerment (3Es).  Located on the forest fringe near Bannerghatta National Park, the initiative supports tribal and underserved communities, complementi..

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Infrastructure Urban

Godrej Enterprises Drives India’s Smart Green Logistics Shift

As India accelerates its transformation into a global manufacturing and logistics hub, Godrej Enterprises Group (GEG) is taking the lead with its smart, sustainable intralogistics solutions. Through its Material Handling Equipment (MHE) and Storage Solutions businesses, GEG is redefining operational efficiency in modern warehouses and factories using IoT, automation, and AI. GEG has consistently maintained a 20–25 per cent market share in the intralogistics sector over the past three years. Today, over 37 per cent of GEG’s revenues come from its Good & Green portfolio, and its net..

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