Allow work to start on 6 projects of Wish Town

05 Oct 2023 CW Team

An implementation and monitoring committee, led by the CEO of Suraksha Group, is gearing up to file an application with the National Company Law Appellate Tribunal (NCLAT). Their aim is to obtain permission for the resumption of construction work on six projects within Jaypee Wish Town that have remained stalled since 2014.

These six projects, located in Sector 128, encompass Garden Isle, Kube, Orchards, Krescent Homes, Kasa Isle, and Pebble Court, collectively offering a total of 9,320 flats across 82 towers. Progress on these developments had reached just over 50% completion before construction came to a standstill nearly a decade ago.

Officials close to the matter have indicated that, pending a favorable ruling from the NCLAT, the committee intends to swiftly move forward with awarding tenders to recommence construction efforts. Once work resumes, it is anticipated that a significant portion of the 9,000-plus flats will be ready for occupancy within a two-year timeframe.

The application's submission marks a crucial step in the potential revival of these long-delayed projects, offering hope to homeowners and stakeholders eagerly awaiting their completion.

Infrastructure Energy

14 Oct 2025

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..