Renew Expands Portfolio to 15.6 GW

13 May 2024 CW Team

Renew Power, a leading renewable energy company, has expanded its portfolio to 15.6 gigawatts (GW) by signing power purchase agreements (PPAs) for an additional 2.2 GW of capacity. This significant milestone reinforces Renew Power's position as a major player in India's renewable energy sector.

The newly signed PPAs add to Renew Power's existing portfolio of renewable energy projects across India. The company's diversified portfolio includes wind, solar, and hybrid projects, contributing to India's transition towards cleaner and more sustainable energy sources.

Renew Power's expansion underscores its commitment to scaling up renewable energy capacity and driving the country's energy transition agenda. By adding 2.2 GW of capacity through PPAs, the company is poised to further strengthen its position in the renewable energy market and contribute to India's renewable energy targets.

The signing of PPAs reflects the growing demand for renewable energy in India and the increasing role of private sector players in driving investment and innovation in the sector. Renew Power's continued focus on expanding its renewable energy portfolio highlights its leadership in advancing sustainable energy solutions.

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 ..