Puri Stays in Petroleum, Khattar Takes Charge of Power Ministry

11 Jun 2024 CW Team

The allocation of portfolios in the Modi Cabinet has been finalized, with Hardeep Singh Puri retaining the Ministry of Petroleum and Natural Gas. Additionally, Manohar Lal Khattar has been appointed as the Minister for Power, ushering in new leadership to oversee critical sectors of India's energy landscape.

Hardeep Singh Puri's continuation in the Petroleum Ministry is expected to provide stability and continuity in policies aimed at enhancing domestic oil and gas production, ensuring energy security, and attracting investments in the sector. His experience and strategic approach are crucial as India navigates through challenges and opportunities in the global energy market.

Manohar Lal Khattar, known for his administrative acumen, assumes leadership of the Power Ministry at a time when India is striving to strengthen its electricity infrastructure, promote renewable energy adoption, and achieve universal electricity access. His tenure is anticipated to focus on accelerating reforms in the power sector to improve efficiency and reliability of electricity supply across the country.

The Cabinet reshuffle underscores Prime Minister Narendra Modi's commitment to effective governance and aligning ministerial responsibilities with national priorities. It reflects the government's intent to leverage experienced leadership and fresh perspectives to propel India's energy sector towards sustainability and self-sufficiency.

Stakeholders and industry observers view these appointments positively, anticipating proactive initiatives and policy interventions to drive growth, innovation, and resilience in the petroleum and power sectors under the leadership of Hardeep Singh Puri and Manohar Lal Khattar. As India continues its journey towards energy security and sustainability, these ministries are pivotal in shaping the country's energy future.

Real Estate

07 May 2026

Wadhwa, Arisinfra Tie Up for Panvel Township

The Wadhwa Group has entered into a strategic partnership with ArisUnitern RE Solutions Pvt. Ltd. (Unitern), a subsidiary of Arisinfra Solutions Limited, to drive growth at Wadhwa Wise City (WWC), its flagship integrated township in Panvel, Maharashtra.The alliance will focus on providing solutions to monetise inventory worth approximately Rs 6.5 billion, with plans to release additional inventory valued at Rs 4–4.5 billion.Structured as an eight-month engagement, the partnership combines Wadhwa Group’s real estate expertise with ARIS’ Developer-as-a-Service (DaaS) platform to create a p..

Maharashtra Plans ₹600 Crore Skill Centres For Construction Workers

CREDAI Pune hosted its annual Construction Safety Awards in Pune, where Maharashtra Labour Minister Akash Pandurang Fundkar announced plans to invest nearly ₹600 crore in modern skill development centres for construction workers across the state.The event, held at Sheraton Grand Pune, was attended by more than 300 CREDAI members and representatives from the construction sector. The proposed centres are planned for locations including Mumbai and Nagpur and will focus on advanced technologies, modern equipment and workforce training aligned with evolving industry requirements.Fundkar called fo..

NCLAT Quashes Insolvency Proceedings Against Embassy Developments

Embassy Developments Limited has announced that the Hon’ble National Company Law Appellate Tribunal (NCLAT), New Delhi, has set aside the earlier National Company Law Tribunal (NCLT) order admitting insolvency proceedings against the company, thereby quashing the Corporate Insolvency Resolution Process (CIRP).The appellate tribunal’s order overturns the NCLT ruling dated December 9, 2025, under which CIRP proceedings had been initiated against the company. With the latest ruling, all directions arising from the earlier NCLT order stand terminated and the insolvency proceedings against Emba..