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Mining industry showing recovery from Covid-19 crisis
COAL & MINING

Mining industry showing recovery from Covid-19 crisis

Mining is one of the few industries that have recovered financially and operationally from the worst of the Covid-19 pandemic economic crisis according to a report by PwC India. The audit firm said that the decisions made about workplace policies, including the role of digitisation and automati...

Mining is one of the few industries that have recovered financially and operationally from the worst of the Covid-19 pandemic economic crisis according to a report by PwC India. The audit firm said that the decisions made about workplace policies, including the role of digitisation and automation, will shape the future of mining for years to come, claiming that 2020 was a banner year for the mining sector. The price recovery in the second half of the fiscal year gave the industry a boost in terms of performance and financial metrics. Mining companies in India have remained resilient and continue to operate, while also assisting the government in addressing the health pandemic in their areas of operation.

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Real Estate

Reliance MET City Launches Metropolis Project In Haryana

Reliance MET City (RMC) has launched Metropolis, an integrated mixed-use project in Haryana that is expected to redefine the regional urban landscape. RMC said the development will combine residential, commercial and leisure components to meet rising demand for organised urban spaces. The project has been positioned to benefit from existing and planned transport links and municipal infrastructure, and aligns with regional plans for sustainable urbanisation. Company representatives framed the initiative as part of a broader expansion strategy in northern India. The Metropolis project will inco..

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Infrastructure Energy

Radiance Renewables Raises 100 Million Dollars for Expansion

Eversource-backed Radiance Renewables has secured 100 million dollars (100 mn dollars) in funding from Impact Fund Denmark and FMO to support its expansion. The investment will bolster the company's capital base and enable acceleration of project development and deployment. Radiance Renewables is positioning itself to scale its renewable energy portfolio and strengthen operational capabilities. The funding round reflects growing investor appetite for climate-focused infrastructure. Impact Fund Denmark and FMO are established impact investors that channel capital into sustainable energy projec..

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Infrastructure Energy

Temasek-led Consortium in Talks for Rs 15 bn Pre-IPO Round

A Temasek-led consortium is in advanced talks to invest Rs 15 billion (Rs 15 bn) in Clean Max Enviro Energy in a pre-initial public offering funding round, according to people familiar with the matter. The prospective financing is intended to provide capital for operational expansion and to strengthen the company's balance sheet ahead of a planned public listing. The discussions reflect continued investor appetite for renewable energy platforms in the region. Clean Max Enviro Energy is a renewable energy developer that provides sustainable power solutions to commercial and industrial customer..

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