Lucknow Development Body to Install Rooftop Solar Plants in Societies

09 Dec 2024 CW Team

The Lucknow Development Authority (LDA) has taken a major step toward promoting sustainability by announcing the installation of rooftop solar plants in 14 of its housing societies. The authority has issued tenders for the installation of these on-grid solar power plants, with capacities that range from 10 kW to 200 kW, depending on the specific needs of each housing society.

The total estimated investment for these solar projects is around Rs 40.5 million. While the initial cost may seem significant, the long-term benefits are expected to be substantial. According to estimates, residents of these housing societies could see a reduction of 70-80 per cent in their electricity bills due to the use of solar energy. This will not only help in lowering electricity costs for the residents but also reduce the overall carbon footprint of the housing societies, aligning with the city’s commitment to sustainable development.

In addition to the housing societies, the LDA also has plans to install a 50 kW solar power plant at Jyotiba Phule Zonal Park, located under the Kanpur Road scheme. This addition is part of a broader initiative by the LDA to make various public spaces in the city more energy-efficient and environmentally friendly.

By implementing these solar power projects, the LDA is taking a significant step toward creating a greener and more sustainable future for Lucknow. The initiative will contribute to the city's energy transition, reduce reliance on non-renewable sources, and help mitigate environmental impacts such as air pollution and greenhouse gas emissions. Through these efforts, the LDA is working towards making Lucknow a model for renewable energy adoption in urban areas.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..