Maha govt planning to sell off Mahavitaran claims AAP

04 Jan 2023 CW Team

The Maharashtra government was accused of plotting to give the private conglomerate Adani group control of the state-run energy distribution utility Mahavitaran by the Aam Aadmi Party (AAP). Mumbai unit president and AAP national executive member Preeti Sharma Menon stated that the Arvind Kejriwal-led organisation fully supports the proposed strike on January 4 called by a section of state electricity workers in Mumbai, Thane, Nashik, Raigad and other districts of the state against privatisation of government-run utilities.

An Adani group company applied for a licence to expand its electricity distribution operations into new districts of Mumbai in November of last year. Adani Electricity Navi Mumbai (AENM), along with its listed parent Adani Transmission, has stated that it had applied to the Maharashtra Electricity Regulatory Commission (MERC) for a distribution licence in a few areas of the Mumbai Metropolitan Region (MMR). The state-owned energy distribution company Mahavitaran, which provides electricity to villages in Maharashtra, is also being given to the Adani group by the Bharatiya Janata Party (BJP) government, Menon said in the statement. These projects include airports, ports, BSES (a power company taken over by the group), and the Dharavi redevelopment project.

The AAP leader announced that on January 4, electricity employees from Mumbai, Thane, Nashik, Raigad, and other districts in Maharashtra will strike and demonstrate outside the district collector's office in opposition to this "privatisation" scheme. The AAP fully supports power workers and opposes crony capitalism and the government's privatisation strategy, she stated.

Infrastructure Urban

13 Oct 2025

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..

UPI Crosses 500 Million Users, Fuels MSME and Digital Growth

The Unified Payments Interface (UPI) has achieved a new milestone, surpassing 500 million consumers and 65 million merchants across India. The platform, developed by the National Payments Corporation of India (NPCI), has expanded its reach to nearly 99 percent of the country’s pin codes, underlining its deep penetration into both urban and rural markets. According to a report by NPCI and the Boston Consulting Group (BCG) launched during the Global Fintech Fest 2025, UPI has evolved from being a digital payments mechanism into a key enabler of financial inclusion and small business growth. I..