NTPC, Mahapreit Partner for 10 GW Renewables

10 May 2024 CW Team

NTPC Limited, India's largest power utility, has entered into a Memorandum of Understanding (MoU) with Maharashtra State Electricity Transmission Company Limited (Mahapreit) to develop 10 gigawatts (GW) of renewable energy projects in Maharashtra. This collaboration underscores the commitment of both entities to accelerate the adoption of clean and sustainable energy solutions in the state.

Under the MoU, NTPC and Mahapreit will collaborate on the development of solar, wind, and other renewable energy projects with a combined capacity of 10 GW. The partnership aims to harness Maharashtra's renewable energy potential and contribute to the state's energy transition goals.

The strategic collaboration between NTPC and Mahapreit reflects their shared vision of promoting renewable energy deployment and reducing carbon emissions. By leveraging NTPC's expertise in renewable energy project development and Mahapreit's local knowledge and infrastructure, the partnership is poised to drive significant growth in Maharashtra's renewable energy sector.

The agreement also underscores the importance of public-private partnerships in advancing India's renewable energy agenda and achieving its climate goals. Through collaborative efforts between government agencies and industry players, Maharashtra can unlock its renewable energy potential, create employment opportunities, and stimulate economic growth.

Overall, the MoU between NTPC and Mahapreit marks a significant milestone in Maharashtra's renewable energy journey. It sets the stage for large-scale renewable energy deployment in the state, contributing to energy security, environmental sustainability, and socio-economic development.

Infrastructure Transport

15 Sep 2025

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..