West Avenue Realty raises Rs 500 million via NCDs
West Avenue Realty has raised Rs 500 million through non-convertible debentures (NCDs) within three years of operations, signalling strong investor confidence in its business model and execution capabilities.The funding comes amid a cautious investment environment, with limited capital deployment across markets. The company’s ability to attract capital highlights investor trust in its disciplined investment approach and project execution track record.Since inception, West Avenue Realty has focused on acquiring projects in key Mumbai locations including Khar, Juhu, Carter Road, Mahalaxmi, Dad..
Adani commissions 1,000 MW HVDC link for Mumbai
Adani Energy Solutions has commissioned a 1,000 MW high-voltage direct current (HVDC) transmission link between Kudus and Aarey, strengthening power infrastructure in Mumbai and the Mumbai Metropolitan Region.The project, executed by its subsidiary Adani Electricity Mumbai Infrastructure Limited, includes a 30 km overhead line and a 50 km underground corridor, designed for dense urban conditions. It also features the world’s first compact HVDC substation.The link enables greater flow of renewable energy into Mumbai by improving connectivity with the national grid. It is expected to reduce re..


