Casagrand Expands to UAE With Rs 6 Billion Project Plan

28 Jul 2025 CW Team

Chennai-based real estate firm Casagrand has announced its entry into the UAE market, marking its first international foray. This expansion aligns with the company’s long-term strategy to tap into high-growth global real estate destinations.

In a press release, Casagrand stated that it plans to develop over 6 million square feet of premium residential and mixed-use projects in the UAE over the next three years, with an estimated investment of around Rs 6 billion.

Commenting on the move, Arun Mn, Founder and Managing Director of Casagrand, said, “Our entry into the UAE is a proud and exciting milestone. The UAE’s visionary leadership, investor-friendly regulations, and cosmopolitan lifestyle offer the ideal foundation for Casagrand’s global growth journey.”

The company is expected to target major urban centres within the UAE, positioning itself in line with regional real estate trends focused on luxury living and integrated community developments.

Infrastructure Energy

09 Jan 2026

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..

Waaree Energy Storage Raises Rs 10.03 Billio for 20 GWh Plant

Waaree Energy Storage Solutions Private, a subsidiary of Waaree Energies, has recently completed a strategic fund raise of around Rs 10.03 billion from a group of strategic investors, including family offices, high-net-worth individuals and institutional backers. The funding strengthens the company’s position in India’s rapidly expanding energy storage ecosystem.The capital raise forms part of an announced capital expenditure programme of nearly Rs 100 billion for setting up a 20 GWh advanced lithium-ion cell and battery pack manufacturing facility. The plant will manufacture high-performa..