Record investments in infrastructure expansion: Reports

Lemon Tree Opens Keys Lite Hotel In Vijayawada

Lemon Tree Hotels Limited has announced the opening of Keys Lite by Lemon Tree Hotels, Krishna, Vijayawada. This managed hotel is the group’s fifth property in Andhra Pradesh and the third in Vijayawada.The smart hotel features 44 well-appointed rooms offering clean interiors, efficient service, and an affordable value proposition. It also includes a multi-cuisine restaurant – Keys Café – and a boardroom. The brand emphasises warm hospitality, an inclusive culture, and environmental sensitivity, ensuring guests enjoy a welcoming experience from arrival to departure.Vijayawada hosts seve..

Lemon Tree Hotels Signs Two New Properties in Varanasi and Rewa

Lemon Tree Hotels has announced the signing of two new properties – Keys Prima by Lemon Tree Hotels, Varanasi, and Keys Select by Lemon Tree Hotels, Rewa.Keys Prima, Varanasi, will be franchised under Lemon Tree Hotels Limited and feature 153 well-appointed rooms. The property will also include a restaurant, banquets, a conference room, a swimming pool, a fitness centre, a spa, and other public areas. The Lal Bahadur Shastri International Airport, Varanasi, is approximately 31 km away, while the Varanasi Railway Junction is about 12 km from the hotel. The property is well connected by road f..

ICRA Upgrades ACME Aklera Loan Rating To AA-/Stable

ICRA Limited has upgraded the credit rating of the long-term loan facility of ACME Aklera Power Technology Private Limited (AKPTPL), a wholly owned subsidiary of ACME Solar Holdings Limited, to ‘ICRA AA-/Stable’ from ‘ICRA A+/Stable’. The rating applies to 250 MW of renewable energy capacity in Rajasthan, linked to a Rs 10.7 billion term loan from Bank of America, Standard Chartered Bank and India Infradebt Limited.ICRA noted the strengthening of ACME Solar’s credit profile, strong revenue visibility, robust generation performance, and successful refinancing of its earlier loan on fa..