Uttarakhand Seeks Approval for Hydro Projects

16 Jul 2024 CW Team

Uttarakhand's Chief Minister has made a compelling appeal to the central government seeking approval for 21 new hydroelectric power projects, collectively adding up to 2123 MW capacity. This initiative aims to harness the state's abundant hydroelectric potential for sustainable energy generation, aligning with India's renewable energy goals and Uttarakhand's strategic focus on clean energy development.

The proposed projects are crucial for enhancing Uttarakhand's power infrastructure, ensuring reliable electricity supply, and promoting economic growth through renewable energy investments. By leveraging its natural resources, Uttarakhand aims to contribute significantly to India's renewable energy targets while reducing dependency on fossil fuels.

The Chief Minister's request underscores the state's commitment to environmental conservation and sustainable development. These projects not only support energy security but also create employment opportunities and stimulate local economies, particularly in remote and mountainous regions where the projects are situated.

The approval of these hydroelectric projects by the central government would pave the way for substantial investments in the state's energy sector, fostering technological advancements and infrastructure development. It would also bolster Uttarakhand's position as a key player in India's renewable energy landscape, demonstrating proactive governance and strategic planning towards achieving energy sufficiency and environmental sustainability.

In conclusion, Uttarakhand's plea for central government approval of 21 new hydroelectric power projects signals a significant step towards harnessing clean energy sources and promoting sustainable development. The move is poised to unlock immense potential for economic growth, environmental stewardship, and energy security in the region and beyond.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..