PNB Housing Finance approves raising Rs.20 bn

NDMC Approves Key Projects to Advance Smart City Goals

In a decisive step towards sustainability and improved civic services, the New Delhi Municipal Council (NDMC) has approved a series of high-impact initiatives focused on renewable energy, utility upgrades, sanitation, flood prevention, and cultural development.At its latest council meeting, NDMC sanctioned the procurement of 120 MW of renewable energy from NHPC Ltd at Rs 4.62 per unit for a 25-year period, aligning with its transition to green energy and targeting peak electricity demands.To strengthen smart infrastructure, the council approved projects exceeding Rs 400 million (approx. USD 48..

NVIDIA Unveils AI Blueprint to Aid Indian Smart Cities

As India undergoes unprecedented urban expansion, global technology leader NVIDIA has launched its Omniverse Blueprint for Smart City AI, a comprehensive model designed to support future-ready Indian cities. The initiative merges four of NVIDIA’s cutting-edge platforms—Omniverse, Cosmos, NeMo, and Metropolis—into a unified system that enables governments and developers to simulate, plan, and optimise urban services using AI-powered digital twins.With India projected to add over 400 million urban residents by 2050, the need for smart, data-driven infrastructure is increasingly urgent. NVI..

Lack of Bidders Stalls VOC Port’s Rs 70.56 Bn Harbour Project Again

The VOC Port Authority’s Rs 70.56 billion outer harbour project has once again faced a setback, with the latest tender process cancelled due to the absence of qualified bidders. This marks the second failed attempt to secure participation for the mega infrastructure initiative.The tender has reportedly been withdrawn from the active list of bids, and the authority is now expected to re-evaluate and possibly restructure the project to enhance its appeal to potential developers.The port authority had initially floated the Request for Proposal (RFP) in December 2024, following the cancellation ..