Andhra plans large-scale power saving in new housing scheme

19 Jul 2022 CW Team

Pradesh government eyes big in energy-saving in housing scheme

The Andhra Pradesh government has formulated what is claimed to be India’s biggest energy efficiency project in its housing scheme, Navaratnalu Pedalandariki Illu-Jagananna Colonies.

The state government will supply cost-effective energy efficient appliances (four LED bulbs, two LED tube lights and two energy efficient fans) to each beneficiary of the housing scheme.

The state government is constructing 15.6 lakh houses in phase one of the Jagananna Colonies programme. The appliances are expected to save 734 units of electricity per house per annum. The energy savings would be worth of Rs 3.50 billion for all the 15.6 lakh houses together.

Special chief secretary (housing), Ajay Jain, said that for the first time in India, the Andhra government has taken an initiative to facilitate best quality energy efficient appliances at highly cost-effective prices. “Apart from the savings on the energy and electricity bills, this would improve the quality of life of the occupants of these 15.6 lakh houses,” he said Jain.

The state housing department has proposed to take up the procurement of energy efficient appliances with the support of Andhra Pradesh State Energy Efficiency Development Corporation (APSEEDCO) through Energy Efficiency Services Limited (EESL), a joint venture company of four Central public sector undertakings.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..