Mumbai boasts 12 percent of over 2,000 LEED-certified Green buildings in country
Real Estate

Mumbai boasts 12 percent of over 2,000 LEED-certified Green buildings in country

Out of India’s 2,291 LEED-certified green structures, 276 are in Mumbai, making it the second city after Bengaluru which tops the list with 460. Leadership in Energy and Environmental Design (LEED) is the world’s most widely used green building rating system. India is currently the fourth-l...

Out of India’s 2,291 LEED-certified green structures, 276 are in Mumbai, making it the second city after Bengaluru which tops the list with 460. Leadership in Energy and Environmental Design (LEED) is the world’s most widely used green building rating system. India is currently the fourth-largest market in the world for LEED and every day over 2.6 million square feet of space is certified using LEED. Building owners can improve their LEED rating through energy efficiency upgrades, water conservation measures and innovative design elements, supported by building analytics tools that provide real-time data on performance and opportunities for improvement. Besides 237 offices across over 60 MSF of the city, the gamut of green structures in Mumbai range from multiplexes such as Inox at Nariman Point to coffee shops such as Starbucks in Fort. Green-certified buildings promise a premium of 10 to 15 percent over regular housing.

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Infrastructure Energy

J&K CM Rules Out Power Privatisation, Focuses on Sector Reform

Jammu and Kashmir Chief Minister Omar Abdullah has dismissed speculation regarding privatisation of electricity in the Union Territory, emphasising that his priority is to strengthen and reform the power sector.“We are not discussing privatisation. By reducing losses, improving billing efficiency, and enhancing revenue, there will be no need for it. My vision is to strengthen and reform the power sector in J&K,” Abdullah stated.He addressed the gathering at the 58th Engineers’ Day at SKICC on Monday evening, an event honouring Bharat Ratna Sir M Visvesvaraya for his pioneering contri..

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Infrastructure Urban

Mumbai’s Sassoon Dock to Get Tech-Driven Modernisation with Finland

The Maharashtra government, in collaboration with Finland, will modernise Mumbai’s historic Sassoon Dock using advanced technology, state minister Nitesh Rane announced on Wednesday.Rane met a delegation of Finnish officials and representatives of Finnish companies at the dock to discuss strategic plans for upgrading the facility in south Mumbai, according to an official statement.Built in the 19th century, Sassoon Dock is one of Mumbai’s oldest and busiest fishing harbours. Operations currently exceed its original capacity, raising concerns over hygiene, odour, fish handling standards, an..

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Infrastructure Energy

Agarwal Industrial Wins Rs 3.3 Billion IOCL Bitumen Tender

Agarwal Industrial Corporation rose 3.84 per cent to Rs 945.65 after announcing it had secured a prestigious tender from Indian Oil Corporation (IOCL) worth Rs 3.3 billion.In a regulatory filing during market hours, the company confirmed it had won the tender to supply Bulk Bitumen (VG-30 and VG-40 grades) to IOCL’s Kakinada locations.The firm quantity under the award totals around 60,500 tonnes across 11 parcels, while the optional quantity is approximately 33,000 tonnes across six parcels. This brings the total awarded quantity to roughly 93,500 tonnes. At current market prices, the firm o..

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