Powerica Plans 2,000 MW Renewable Energy Park

30 Mar 2026 CW Team

Powerica has announced plans to develop a 2,000 megawatt (MW) renewable energy park as part of a strategic move to expand its clean energy footprint across the region. The company intends to combine large scale solar and wind installations with battery storage and advanced grid integration to deliver reliable low carbon power. Project planning will prioritise site selection that optimises resource availability and transmission access while considering environmental and social safeguards.

Execution will follow a phased delivery model to accelerate commissioning of initial capacity while enabling incorporation of technological improvements and cost optimisation. Powerica plans to partner with equipment suppliers, independent power producers and transmission providers to expedite procurement and grid connections. The phased approach will also allow the firm to align financing with project milestones and to mitigate market and regulatory risks.

Delivering a project of this scale will require substantial capital and careful management of permitting and interconnection processes. Powerica intends to explore a mix of debt, equity and potential strategic partnerships to fund development and construction. The company expects the initiative to generate employment during construction and ongoing opportunities for local suppliers while contributing to regional decarbonisation targets.

The renewable park will be integrated into broader energy transition plans and the company will monitor performance indicators to enhance capacity utilisation and grid stability. Powerica will continue to evaluate market signals and policy frameworks to time further expansions and to provide integrated solutions to industrial and commercial customers. The announcement underscores growing investor interest in renewable infrastructure and signals an acceleration of efforts to decarbonise the power sector.

Infrastructure Urban

30 Mar 2026

Shree KB Group Leases 75% of KB Mart in Greater Noida

Shree KB Group has leased over 75 per cent of its commercial project, KB Mart, in Knowledge Park II, Greater Noida, to domestic and international brands.Spread across approximately 2,90,000 sq ft, the mixed-use development integrates high-street retail, a food court and studio apartments. The company expects to generate around Rs 20 crore in revenue through leasing.Located opposite the India Expo Centre & Mart, the project benefits from strong connectivity via the Aqua Line Metro and proximity to major educational institutions, with a catchment of over two lakh students.Developed over 2.3 ..

Janus Living Debuts on NYSE as Senior Housing REIT

New York Stock Exchange announced that Janus Living has commenced trading, marking its public debut as a senior housing real estate investment trust (REIT).The listing was highlighted during the exchange’s pre-market update, with the company celebrating its IPO at the NYSE trading floor. The debut reflects continued investor interest in specialised real estate segments, particularly senior housing.The update also noted broader market movements, with equities trading lower amid geopolitical developments in the Middle East impacting global sentiment.In addition, Guardian Metal Resources marked..

WACKER to Increase Silicone Product Prices from April

WACKER Chemie AG has announced a price increase for its silicone-based products, effective April 1, 2026, citing rising input and logistics costs.The company stated that ongoing geopolitical developments in the Middle East have disrupted global supply chains, leading to sharp increases in energy, raw material and transportation costs. These factors have significantly impacted its global silicones business.Despite efforts to optimise its production and logistics network to minimise customer impact, WACKER noted that the scale of cost escalation has made price adjustments unavoidable. Customers ..