Maharashtra Awaits UNESCO Tag for 14 Maratha Military Forts

Maharashtra CM Accelerates Rail Projects with Mahayuti Coalition

Maharashtra Chief Minister, in alliance with the Mahayuti coalition, has initiated efforts to expedite long-pending railway projects in the state. This move aims to bolster infrastructure development and enhance connectivity across Maharashtra.

Addressing the critical need for improved rail infrastructure, the coalition government has put forth a concerted effort to fast-track various railway projects that have been languishing for years. By streamlining bureaucratic processes and expediting approvals, the government intends to bring these projects to fruition at a rapid pace.

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Pune Central Railway invites solar power project bids for Maharashtra

The Pune Division of Central Railway has called for bids to enlist agencies for implementing grid-connected rooftop solar power projects in Maharashtra on a state-wise basis. The projects will operate through public-private partnerships and follow a design, build, finance, operate, and transfer model. The projects will fall under two capacity ranges: (i) above 10 kW and up to 100 kW, and (ii) above 100 kW and up to 500 kW. Bidders have the option to quote for either or both capacities. The projects are expected to be operational within 240 days from receiving the work order, with developers re..

NTPC Green collaborates with Mahapreit for RE projects in Maharashtra

NTPC Green Energy Limited, a subsidiary of India's largest power utility NTPC Limited, has forged a partnership with Maharashtra Energy Development Agency (Mahapreit) to establish renewable energy parks and projects in Maharashtra. This collaboration signifies a significant step towards bolstering the renewable energy sector in the state and advancing India's transition towards sustainable energy sources.

Under the agreement, NTPC Green Energy and Mahapreit will work together to identify suitable locations for the development of renewable energy parks across Maharashtra. These parks wil..

Shriram Finance Sells Housing Finance Business

Shriram Finance has finalised the sale of its entire 85% stake in the housing finance business to Warburg Pincus for a whopping Rs 46.30 billion. This move marks Shriram Finance's exit from the housing finance sector, signalling a strategic shift in its business focus. The deal, valued at over Rs 54 billion including a stake sale and fresh equity infusion, positions Warburg Pincus as a significant player in the Indian housing finance market.

Shriram Finance's decision to divest its housing finance arm aligns with its broader corporate strategy, aimed at optimising its portfolio and conc..

BMC Finds 188 Dilapidated Buildings in Mumbai

The Brihanmumbai Municipal Corporation (BMC) has identified 188 dilapidated buildings across Mumbai, with a significant concentration of 47 in the eastern suburbs alone. This move comes as part of the BMC's ongoing efforts to ensure structural safety and mitigate risks associated with ageing infrastructure in the city.

The identification of these dilapidated structures underscores the pressing need for proactive measures to address potential hazards and safeguard the lives of residents. The BMC's focus on monitoring and assessing the structural integrity of buildings reflects its commit..