
Proposed amendments to Maharashtra apartment act to be submitted soon

Himachal Wins Rs 1.50 Bn Royalty Verdict on JSW Project
The Supreme Court has ruled in favour of the Himachal Pradesh government, mandating JSW Energy to pay 18 per cent royalty for the 1,045 MW Karcham-Wangtoo project, up from 12 per cent.The verdict overturns a May 2024 High Court decision and could boost state revenue by Rs 1.50 billion annually. It may also set a precedent for other hydro projects, potentially adding Rs 2.50 billion per year.CM Sukhvinder Singh Sukhu played a crucial role in advancing the case. Under the 1999 agreement, JSW was to pay 12 per cent for the first 12 years and 18 per cent thereafter. JSW, however, refused the revis..

Goa Secures Power Stability with NTPC Pact
The Goa Electricity Department has signed a key power purchase agreement (PPA) with NTPC to draw electricity from the Sipat Stage-III thermal plant in Bilaspur, Chhattisgarh.Chief Electrical Engineer Stephen Fernandes represented Goa during the signing held at Panaji.This agreement is set to strengthen Goa’s power infrastructure and ensure a consistent electricity supply, as highlighted in a statement by the Union Ministry of Power.Goa, which currently has no local power generation capacity, depends entirely on the central grid. The NTPC pact aims to enhance reliability for domestic, industr..

Vadhavan Port Set to Position Maharashtra as Trade Powerhouse
At the Maharashtra Maritime Summit 2025, CM Devendra Fadnavis highlighted the transformative potential of the Vadhavan Port, calling it a key pillar in India’s ambition to become a global maritime superpower. As part of India’s Maritime Vision 2030 and 2047, the state is creating its own roadmap to enhance port development and logistics.Fadnavis underscored Maharashtra’s historic role in maritime trade, with Mumbai and Konkan ports having global significance for centuries. He noted that the upcoming Vadhavan Port will elevate Maharashtra’s port capabilities, making it one of the worldâ..