Avinash Sule appointed as Managing Director of RMZ Corp

28 Oct 2021 CW Team

Avinash Sule has been named managing director of RMZ Corp Investment Management division. His primary responsibilities will include project acquisition and capital raising while expanding the company's global investment portfolio.

Sule is a senior advisor at Mitsui Fudosan in Japan, with over 15 years of experience. Sule also provided investment advice to Jaguar Growth Partners in Asia. Before that, he spent more than a decade as the country head of the Qatar Investment Authority.

Arshdeep Sethi, senior managing director, RMZ Corp told the media that experience will bring a fresh perspective to RMZ's charter of creating new asset classes in the real estate industry, with a keen understanding of managing investment portfolios.

This second appointment comes as the company plans to grow its real estate assets from 67 million sq ft, valued at $10 billion, to 87 million square feet, valued at $15 billion, by 2026.

Avnish Singh, the company's managing director of Investment Management, was recently appointed as well. Singh has worked for Tishman Speyer, GE Capital Real Estate, and JLL India, and has over 20 years of experience.

RMZ Corp is a Bangalore-based, privately held real estate investment, development, and management company. The business was founded in 2002. The largest LEED-certified company in India is RMZ Corp. One of the most widely used green building certification programmes in the world is LEED.

Image Source

Infrastructure Energy

17 Sep 2025

Adani Power To Build 2,400 MW Plant in Bihar

Adani Power on Saturday (September 13, 2025) announced plans to set up a 2,400 MW ultra super-critical power plant in Bihar at an investment of $3 billion (around Rs 26.48 billion).The company has signed a 25-year Power Supply Agreement (PSA) with Bihar State Power Generation Company Ltd (BSPGCL) to supply electricity from the project, which will be located at Pirpainti in Bhagalpur district.The PSA follows a Letter of Award issued by BSPGCL to Adani Power on behalf of North Bihar Power Distribution Company Ltd (NBPDCL) and South Bihar Power Distribution Company Ltd (SBPDCL) in August. Adani P..

NTPC Plans Nuclear Power Projects Via JV and Standalone Routes

Power major NTPC is planning to develop nuclear power projects both through joint ventures and on a standalone basis, CMD Gurdeep Singh has said.The company is collaborating with nuclear technology providers and state governments to explore individual nuclear projects, Singh added.Currently, the NTPC Group has an installed capacity of 82,926 MW across 53 NTPC-owned stations and 53 joint venture or subsidiary stations, drawing power from coal, liquid fuel, hydro, and solar sources.In December 2024, Singh had announced NTPC’s ambitious plan to enter the nuclear energy sector, a move expected t..

RVNL Wins $21.6 Million Bhopal Division Traction Substation

Rail Vikas Nigam (RVNL) has been declared the lowest bidder for a $21.6 million traction substation contract awarded by the West Central Railway.The project covers the design, modification, supply, erection, testing, and commissioning of a 220/132kV/2×25kV Scott-connected traction substation, switching posts, Auto-Transformer installations, and Supervisory Control and Data Acquisition (SCADA) systems in the Bina–RTA section of the Bhopal Division. The execution period is set at 540 days.In a regulatory filing, RVNL stated that the order was secured in the ordinary course of business and doe..