Twenty-two power transmission and distribution projects inaugurated in J&K

SPML Infra wins Rs 10.73 billion Indore water project

SPML Infra Limited, India’s leading water infrastructure developer, has secured a prestigious Rs 10.73 billion (inclusive of GST) contract from Indore Municipal Corporation for the augmentation of the city’s water supply system under the AMRUT 2.0 programme. The project also includes a comprehensive 10-year operation and maintenance (O&M) contract.Project Scope and SignificanceThe landmark initiative will strengthen Indore’s water infrastructure, ensuring reliable access to safe drinking water for over 2 million residents. Key components include:Intake and Raw Water Pumping: Construc..

Saarathi Finance adopts FinnOne Neo for digital lending

Noida, India, 19 August 2025 – Saarathi Finance, a new-generation non-banking financial company (NBFC), has selected Nucleus Software’s FinnOne Neo®, a leading digital lending platform, to power its technology-first approach to loan origination, management, and collections. The move supports Saarathi’s mission to narrow India’s MSME credit gap through a cloud-ready, API-driven lending stack that combines agility, security, intelligence, and speed while fully complying with regulatory guidelines.Backed by marquee investors, Saarathi Finance aims to expand credit access for underserved ..

Reliance Infra wins NHPC solar and battery project

Reliance Infrastructure Limited has received a Letter of Award (LOA) from NHPC, a leading Navratna public sector enterprise, for the development of a 390 MW interstate transmission system (ISTS)-connected solar power project integrated with a Battery Energy Storage System (BESS).Once operational, the project will contribute 700 MWp of solar DC capacity and 780 MWhr of BESS capacity to the Reliance Group’s clean energy portfolio, strengthening its leadership in India’s renewable energy space.The winning tariff for the project was discovered at Rs 3.13/kWh, making it one of the most competit..