Oyster Commits Rs 85 Billion to One Gigawatt Renewable Portfolio
Oyster has committed Rs 85 billion (bn) to develop a one gigawatt (GW) renewable portfolio and has outlined a broader Rs 300 bn investment to scale capacity to three point five GW. The company framed the initial Rs 85 bn allocation as the seed capital for site acquisition, permitting and early stage development across utility scale clean energy assets. The announcement is presented as a strategic push to establish a larger operating platform in the renewable sector. The Rs 300 bn programme is described as a phased expansion that will move the platform from one GW to three point five GW over su..
NHAI Withdraws Acceptance For Hazoor Toll Contract
Hazoor Multi Projects Limited has said the National Highways Authority of India (NHAI) withdrew a Letter of Acceptance dated 25 August 2026, with NHAI issuing the withdrawal on 31 August 2026. The contract related to collection of user fee at Paranur Fee Plaza at kilometre 52.820. The company filed the intimation to the stock exchange under Regulation 30 of the SEBI Listing Regulations. NHAI informed that the Paranur Fee Plaza is proposed to be brought under the Multi?Lane Free Flow Tolling System (MLFF). The Indian Highways Management Company Limited (IHMCL) conveyed that implementation of ML..
Tamil Nadu Unveils Rs Nine Point Four Seven Billion Highway Upgrade
Tamil Nadu Public Works Minister Aadhav Arjuna unveiled a highway four-laning project and set out related works across the state. He said the scheme will cost Rs nine point four seven billion (bn) and that Detailed Project Report (DPR) work has been initiated for hundreds of other demands. He informed the Assembly that 182 MLAs had submitted formal requests for bypass infrastructure and that the government was addressing those demands systematically. Mr Arjuna outlined a plan to upgrade a 43.16 km stretch of National Highway 75 between Pathalampalli and Latheri into a four-lane corridor. The p..

