North India’s largest floating solar power project in Chandigarh

25 Jan 2023 CW Team

The largest floating solar power project in northern India, with a capacity of 2000 kWp and a cost of Rs 117 million was unveiled by UT Administrator Banwari Lal Purohit at Sector 39's waterworks. Kirron Kher, a member of parliament, attended the inauguration. Dhanas Lake's 500 kWp floating solar project with fountains was also inaugurated by him. The event was attended by Mayor Anoop Gupta, Director (Environment) Debendra Dalai, Adviser Dharam Pal, and others.

The floating solar power plant includes 10 years of operations and maintenance (O&M). At Dhanas Lake, the 500 kWp floating solar power plant with fountains cost Rs 33.40 million, including 10 years of O&M for the plant and the fountains. CREST (Chandigarh Renewable Energy and Science & Technology Promotion Society) designed and implemented these projects, which will produce at least 35 lakh kWh of solar energy annually with a module efficiency of 20 per cent.

The Administrator expressed gratitude to CREST and the Forest & Wildlife Department for developing and beautifying Dhanas Lake, which now attracts more tourists than Sukhna Lake because of its beautiful fountains. Additionally, he urged citizens to join the administration in promoting solar power, which is not only environmentally friendly but also financially viable, and to install rooftop solar power plants on their homes, offices, and factories to harness solar energy. God has been kind to India by providing us with so much solar radiation. Therefore, we ought to make sincere efforts to utilise every square inch of the available space to obtain this ultimate energy source.

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..