VOC Port in Thoothukudi to generate 100 MW of power

India Launches 'Coal Mitra' Portal to Boost Coal Sector Efficiency

On May 7, 2025, Union Minister of Coal and Mines, G. Kishan Reddy, inaugurated the 'Coal Mitra' portal, a digital initiative designed to streamline operations and foster transparency within India's coal sector. The platform serves as a centralized hub for stakeholders, providing real-time updates on coal block allocations, production statistics, and regulatory compliance. Developed by the Ministry of Coal, 'Coal Mitra' aims to enhance coordination among various entities involved in coal mining and distribution. By offering accessible information and facilitating communication, the portal is e..

Princeton Digital Signs Rs 1.25 Bn Annual Lease in Navi Mumbai

Singapore-based Princeton Digital Group (PDG) has finalised an annual lease deal worth Rs 1.25 Bn for over one Mn square feet of space in Airoli Knowledge Park, Navi Mumbai. The lease covers three buildings—9A, 7, and 11—on Plot IT-5 and is among the largest data centre leasing deals in the Asia-Pacific region.The properties, sub-leased from Gigaplex Estate Private Limited, will host PDG’s large-scale hyperscale data centre operations. The effective rent rate is Rs 98.5 per square foot, with a lease period of twenty years for Buildings 9A and 7, and forty years for Building 11. A fifteen..

Brookfield REIT Q4 NOI Rises 16%, Distributes Rs 3.19 Bn

Brookfield India Real Estate Trust has reported a 16 per cent rise in net operating income (NOI) for the quarter ended March 2025, reaching Rs 4.89 Bn, up from Rs 4.22 Bn in the same quarter of the previous year. The trust also declared a distribution of Rs 3.19 Bn, or Rs 5.25 per unit, to unitholders — a 10.5 per cent increase year-on-year.For the full financial year 2024–25, the trust’s NOI grew by 37 per cent to Rs 18.54 Bn from Rs 13.5 Bn in the prior year. Total distributions stood at Rs 10.54 Bn, or Rs 19.25 per unit, reflecting an 8.5 per cent increase.Chief Executive Officer and ..