New houses in AP not to guzzle energy

05 Sep 2023 CW Team

In a significant development, the state of Andhra Pradesh has successfully initiated the construction of nearly 93% of the sanctioned 21.25 lakh housing units under the 'Navaratnalu Pedalandariki Illu' program. This ambitious housing project has received substantial financial backing from the state government, with an allocation of Rs 7,630 crore for the current fiscal year.

Notably, beneficiaries who opt for energy-efficient appliances will be entitled to a comprehensive package, including four LED bulbs, two LED tube lights, and two energy-efficient fans, all offered at prices below prevailing market rates.

To achieve this energy-efficient initiative, the Andhra Pradesh State Housing Company Limited has forged a memorandum of agreement with the Energy Efficiency Services Limited (EESL). The primary aim of this collaboration is to supply 6 lakh LED bulbs, 3 lakh LED tube lights, and 3 lakh BLDC ceiling fans in the initial phase to the beneficiaries residing in the Jagananna Colonies under the 'Navaratnalu-Pedalandariki Illu' scheme.

This strategic partnership is expected to yield substantial energy savings, estimated at 734 units per house annually. In total, it is projected to save an impressive 1145 million units of energy annually across 15.6 lakh houses encompassed in the first phase of the scheme. The transition to energy-efficient BLDC fans is predicted to reduce consumption by an impressive 50%, while LED tube lights and bulbs are set to slash energy usage by 60% and a remarkable 90%, respectively, in comparison to conventional appliances.

This commendable initiative not only addresses housing needs but also contributes significantly to sustainable energy practices, exemplifying the state's commitment to both housing development and environmental conservation.

Real Estate

31 Oct 2025

Birla Estates Tops Global GRESB 2025 Rankings

Birla Estates (BEPL), a wholly owned subsidiary of Aditya Birla Real Estate (formerly Century Textiles and Industries Limited), has been recognised as a Sector Leader in the 2025 GRESB Real Estate Assessment, securing top honours across multiple global and regional categories.Birla Estates’ Achievements in GRESB 2025:Global Sector Leader – ResidentialGlobal Sector Leader – Non-Listed ResidentialRegional Sector Leader – Asia – ResidentialRegional Sector Leader – Non-Listed – Asia – ResidentialThese distinctions reaffirm Birla Estates’ exceptional performance in Environmental, ..

Progota India Secures RDSO Clearance for Kavach 4.0

Concord Control Systems, one of India’s leading manufacturers of embedded electronic and critical system solutions, announced that its associate company, Progota India, has received Technical Prototype Clearance from the Research Designs and Standards Organisation (RDSO) for Kavach 4.0, the latest version of Indian Railways’ indigenous Automatic Train Protection (ATP) system.With this clearance, Progota has been formally approved to execute its ongoing trial order from South Central Railway, marking a key milestone in India’s railway modernization journey. The approval also establishes P..

MPS Interactive Systems Completes Full Acquisition of Liberate Group

MPS Interactive Systems (MPSi), a material subsidiary of MPS, has completed the acquisition of the remaining shareholding in the Liberate Group of Companies—comprising Liberate Learning, App-eLearn, and Liberate eLearning.With this transaction, MPSi now holds 100 per cent ownership of all entities within the Liberate Group, making them its wholly owned subsidiaries. The acquisition was executed in line with the valuation methodology defined in the original transaction documents.Commenting on the development, Rahul Arora, Chairman and CEO of MPS, said, “The corporate learning sector continu..