Power Grid Acquires Rajasthan Transmission Project

14 Nov 2024 CW Team

Power Grid Corporation of India has successfully acquired a transmission project located in Rajasthan. The acquisition is part of the company's ongoing strategy to expand its footprint in the transmission sector and enhance the nation’s power infrastructure.

The project, which involves the transmission of electricity in Rajasthan, is expected to improve the efficiency and reliability of the region’s energy grid. This acquisition aligns with Power Grid's long-term objectives to support India's growing energy demand and facilitate the integration of renewable energy sources into the national grid.

With a strong presence in the power sector, Power Grid is continuing to enhance its infrastructure portfolio by investing in high-quality, strategic projects across India. The Rajasthan transmission project will contribute to the overall improvement in the distribution of electricity, reducing power losses and enhancing the stability of the grid.

The acquisition also underscores Power Grid's commitment to maintaining a leading position in the transmission and distribution business, supporting both governmental and private sector efforts to strengthen India’s power infrastructure. By further investing in essential transmission networks, Power Grid is well-positioned to meet the future energy needs of the country.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..