NGT Probes Alleged Ganga Plot Sale

01 Feb 2024 CW Team

The National Green Tribunal (NGT) has launched a thorough investigation into an alleged illegal sale of land plots along the revered Ganga riverbank. The probe stems from growing concerns regarding potential environmental impact and violations of regulatory norms.

Situated perilously close to the Ganga, these plots have become a focal point for environmental activists, highlighting the delicate balance needed between development and preserving India's lifeline. The NGT's intervention underscores the urgency of robust oversight to safeguard this vital natural asset.

Stakeholders, including local authorities and developers, now face scrutiny from the NGT, tasked with providing a detailed report on the contested plots' sale. This case serves as a stark reminder of the critical need for sustainable development practices and strict adherence to environmental regulations.

Resources

23 Jul 2026

K2 Infragen appoints D K Raju to lead HAM projects

K2 Infragen has appointed D K Raju as Senior Vice President to lead its Hybrid Annuity Model (HAM) project portfolio, strengthening the company's execution capabilities as it expands its infrastructure business.Raju brings more than 27 years of experience in infrastructure project execution, planning, quantity surveying, tendering and technical operations. He has previously held senior positions at HG Infra Engineering, Allone Infra and Techno Unique Infratech.In his new role, Raju will oversee execution of K2 Infragen's Rs 3.91 billion Telangana road project under the Hybrid Annuity Model, in..

AI Data Centre Leaders Map India’s Infrastructure Roadmap

Mumbai, 22 July 2026: As artificial intelligence reshapes global digital infrastructure, industry leaders gathered in Mumbai today at the AI-Powered Data Centre Conference 2026 to discuss how India can build the capacity, technology and ecosystem required to emerge as a global AI infrastructure hub. Organised by ASAPP Info Global Group and conceptualised by FIRST Construction Council, the conference revolved around the theme, “From Capacity Gap to AI Superpower: Building India's Digital Backbone for the Intelligence Economy.” Bringing together developers, technology providers, enterpr..

SPML Infra raises over Rs 1.9 billion through preferential issue

SPML Infra has raised more than Rs 1.9 billion through a preferential issue of equity shares and convertible warrants, aimed at strengthening its balance sheet, funding growth and converting debt into equity.The company's board approved the allotment of 693,999 equity shares and 9.54 million convertible warrants at Rs 186 per security. The warrants are convertible into equity shares within 18 months in accordance with SEBI regulations.As part of the transaction, National Asset Reconstruction Company (NARCL) converted an existing loan of Rs 71.6 million into 384,858 equity shares. SPML said the..