Samruddhi Expressway Begins Solar Power Rollout

29 Sep 2025 CW Team

The Hindu Hridaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg, the 701-kilometre expressway linking Nagpur and Mumbai, is set to go solar under an ambitious renewable energy initiative by the Maharashtra State Road Development Corporation (MSRDC).

The project commenced with the installation of solar panels at Karjalad in Buldhana and Mehkar Interchange in Washim district. Since its inauguration on 11 December 2022, the corridor has seen over 25 million vehicles. The expressway’s master plan includes a total of 204 MW of renewable capacity along its length.

The green power generated will both light the expressway and supply the grid under existing power purchase agreements. In the first phase, Karjalad and Mehkar are together generating 5 MW — 3 MW from Karjalad and 2 MW from Mehkar, which began supplying power on Monday.

Electricity sales are governed by a 2022 agreement with Maharashtra State Electricity Distribution Company Limited (MSEDCL) at Rs 3.05 per unit under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY).

Beyond toll collections and leasing spaces for amenities, MSRDC expects solar power to create new revenue streams. Carbon credits from clean electricity will further strengthen the corporation’s finances, supporting future infrastructure borrowing and expansion. Plans are also in place to replicate this solar model at major interchanges of upcoming expressways across Maharashtra.

Real Estate

29 Sep 2025

Hiranandani Launches India’s Largest Coastal Township in Alibaug

Hiranandani Communities, led by Dr Niranjan Hiranandani, has launched Hiranandani Sands, India’s largest integrated coastal township, near Mumbai in Alibaug, with an estimated revenue of Rs 170 billion. Spanning 225 acre, the township is designed as Mumbai’s lifestyle extension hub, featuring luxury homes, signature villas, plotted developments, and branded serviced apartments. Residents will have private beachfront access and a jetty, alongside five hotels covering luxury, business, and leisure segments, a mega convention centre, eco-wellness hub, beachside entertainment, and a globa..

TDI City Kundli Relaunched with Rs 1 Billion Redevelopment Plan

TDI Infrastructure has announced a Rs 1 billion investment to redevelop and relaunch the 1,100-acre TDI City Kundli, positioning it as a natural and affordable alternative for residents of North and West Delhi. Situated just 30 minutes from Delhi via the newly operational UER-2, the township currently has around 7,000 plot owners and more than 5,000 apartments.“As part of the redevelopment, we are collaborating with Resident Welfare Associations (RWAs) to upgrade 62 parks across 23 acres, improve internal roads, enhance the existing clubhouse, and commence a new second clubhouse to support r..

India Plans Rs 70 Billion Push for Shipbuilding and Ports

The Indian government is preparing a Rs 70 billion stimulus for the shipping sector, with the Union Cabinet expected to review three major schemes shortly, according to media reports. The initiative reflects India’s efforts to expand shipbuilding, port infrastructure, and maritime trade capacity in the coming years.Shares of leading shipbuilders such as Shipping Corporation of India (SCI), Garden Reach Shipbuilders & Engineers (GRSE), and Mazagon Dock Shipbuilders have already risen on expectations of government support.The plan centres on three key initiatives: a Rs 20 billion Shipbuild..