Greenply forays into MDF business setting up 800 CBM per day capacity plant
Cement

Greenply forays into MDF business setting up 800 CBM per day capacity plant

Greenply Industries has forayed into the Medium Density Fiber (MDF) boards business. The greenfield manufacturing plant would be setup in Vadodara District, Gujarat, with an estimated cost of Rs.5.48 bn. For this purpose, the Board of Directors of the company announced the acquisition of Baahu ...

Greenply Industries has forayed into the Medium Density Fiber (MDF) boards business. The greenfield manufacturing plant would be setup in Vadodara District, Gujarat, with an estimated cost of Rs.5.48 bn. For this purpose, the Board of Directors of the company announced the acquisition of Baahu Panels as a wholly owned subsidiary. The plant with an installed capacity of 800 cu m per day would have the revenue potential of  Rs.6-6.5 bn per annum at its peak utilisation. The company plans to produce all products sub-categories of MDF.Contact: Greenply Industries.Website: www.greenply.com

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Infrastructure Urban

PPP Planned To Rejuvenate Arkavathi River At Rs 25–30 Bn

The Bangalore Water Supply and Sewerage Board (BWSSB) has drawn up a public–private partnership scheme to revive the once-vital Arkavathi River, modelling the effort on Ahmedabad’s Sabarmati riverfront. A preliminary survey pegs the investment at Rs 25–30 billion and a detailed project report (DPR) is due by December 2025. Covering 53.7 km from Nandi Hills to Tippagondanahalli, the blueprint spans 1 449 sq km across Bengaluru Urban, Mandya, Chikkaballapur and Ramanagara districts, touching 734 villages, 77 settlements, ten lakes and 13 industrial belts. Key works include flood contr..

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Infrastructure Transport

Reliance Infra Clears Rs 2.73 Bn Debt for JR Toll Road

Reliance Infrastructure announced on Monday that its wholly-owned subsidiary, JR Toll Road Private Ltd (JRTR), has fully settled a debt of Rs 2.73 billion—including interest—owed to Yes Bank Ltd (YBL).The settlement, formalised through an addendum to a prior agreement, marks the complete discharge of JRTR’s outstanding obligations to the lender. As part of the same agreement, Reliance Infrastructure's corporate guarantee for the loan has also been entirely released.In its regulatory filing, Reliance Infrastructure clarified that Yes Bank does not hold any shares in the company and is nei..

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Real Estate

Draft Rules To Modernise Maharashtra Housing Societies

Maharashtra is poised to overhaul the way its 0.125 million co-operative housing societies—home to about 20 million people—are run. The Draft Maharashtra Co-operative Societies Rules, 2025, released for public comment on 15 April, promises digital-friendly governance, clearer redevelopment norms and less day-to-day State intervention. Below are the key proposals.The one-off society registration fee would double to Rs 5,000, reflecting higher administrative costs. Annual General Meetings could be held online, provided at least two-thirds—or twenty—members join, and resolutions would nee..

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