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UK to invest $1.2 bn in India for renewable energy projects
ECONOMY & POLICY

UK to invest $1.2 bn in India for renewable energy projects

During the 11th Economic and Financial Dialogue (EFD), the UK Government announced a $1.2 bn package for public and private investment in India’s renewable energy projects. The UK Government would likely help push India’s green growth ahead of the COP26 climate conference in November. The p...

During the 11th Economic and Financial Dialogue (EFD), the UK Government announced a $1.2 bn package for public and private investment in India’s renewable energy projects. The UK Government would likely help push India’s green growth ahead of the COP26 climate conference in November. The package includes a $1 bn investment from CDC, the UK’s development finance company in renewable projects in India and joint investments by both governments to encourage firms working on innovative green tech solutions. The package also comprises a new $200 mn private and multilateral investment into the joint Green Growth Equity Fund.

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Infrastructure Urban

Flender Inaugurates Wind Gearbox Test Rig In Chennai

Chennai, 6 March 2026: Flender has inaugurated a 13.5 MW wind turbine gearbox test rig at its Walajabad facility near Chennai, marking the installation of the largest test rig of its kind in India. The facility was inaugurated on 5 March in the presence of Andreas Evertz, CEO, Flender Group; Lars Wiegemann, Vice President – Wind Gears; and Vinod Shetty, CEO, Flender India.The test rig has been developed to support testing and validation of wind turbine gearboxes, strengthening the company’s capabilities in the renewable energy sector. The commissioning was completed within three months thr..

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Infrastructure Energy

BMW Industries partners with IOCL for PNG supply at Bokaro plant

BMW Industries has entered into a strategic partnership with Indian Oil Corporation (IOCL) for the supply of Piped Natural Gas (PNG), reinforcing its commitment to adopting cleaner and more efficient energy sources for its operations.The agreement was signed at the Eastern Region Pipelines (ERPL) headquarters in Kolkata. The partnership is expected to support the company’s upcoming manufacturing facility in Bokaro by facilitating the use of natural gas as a primary energy source.According to the company, the adoption of PNG will help enhance operational efficiency while also contributing to ..

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Real Estate

Bombay Realty Secures RERA for Three ICC Tower in South Mumbai

Bombay Realty, the real estate arm of Bombay Dyeing and part of the Wadia Group, has received Real Estate Regulatory Authority (RERA) certification for Three ICC – Wing A, the latest luxury residential tower at Island City Center in Mumbai’s Dadar.The RERA registration marks a key milestone in the development timeline and reinforces the company’s focus on regulatory transparency, timely project delivery, and high construction standards.Following the success of One ICC and Two ICC, the upcoming Three ICC tower represents the next phase of the Island City Center development. The project ai..

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