PMC Extends Road Repair Deadline to June 7 as Work Progresses
The Pune Municipal Corporation (PMC) extended the deadline for completing road repair and reinstatement work from June 1 to June 7, as several departments had failed to meet the original target. Despite an earlier directive to finish all digging and road-related activities before the monsoon season, many parts of the city remained under excavation.This extension was decided after a review meeting held on Monday, chaired by PMC additional commissioner Omprakash Diwate, with heads of the road, drainage, water supply, and electrical departments in attendance.Diwate explained that the early arriva..
Jefferies Forecasts Cement Turnaround in FY26 on South Price Rise
Global brokerage Jefferies has forecasted a turnaround in the profitability of the Indian cement sector in FY26, driven by a pricing recovery in the southern region starting from the first quarter. The firm identified Ultratech Cement, Shree Cement, and JK Cement as its preferred picks due to their strong earnings recovery momentum.Jefferies reported that the cement sector showed a robust rebound in the March quarter (Q4 FY25), with EBITDA rising by 11 percent year-on-year and 67 percent sequentially. This improvement was mainly attributed to firming prices and steady volume growth. Earlier, J..
IndianOil NTPC Green Seeks Bifacial Modules for 750 MW Gujarat Solar
NTPC Green Energy (NGEL), acting on behalf of IndianOil NTPC Green (INGEL), has announced that it is inviting bids to supply photovoltaic (PV) modules for a 600 MW AC (750 MW DC) solar project located in Bhuj, Gujarat. INGEL is developing the project in two blocks, each with a capacity of 375 MWp.The successful bidders are required to supply bifacial PV modules with a minimum wattage of 570 Wp each for the entire 750 MWp project. The contract will include the production, supply, and transportation of open-category crystalline PV modules that are listed under the Approved List of Models and Man..
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