Avaada Group to Invest Rs 1 Trillion in Rajasthan

10 Dec 2024 CW Team

At The Rising Rajasthan 2024 Summit, Vineet Mittal, the Chairman of Avaada Group, revealed the company’s ambitious plan to invest Rs 1 trillion in transforming Rajasthan into the world’s largest renewable energy hub. He emphasised that this substantial investment would play a pivotal role in driving green manufacturing processes, which are key to the sustainability goals of the state. Mittal also highlighted that this initiative would create millions of employment opportunities, significantly benefiting the local population and contributing to the economic development of Rajasthan.

Furthermore, Mittal underscored the positive social impact of this transformation, noting that the project would empower lives throughout the state by offering not only jobs but also improved standards of living. He elaborated that Avaada Group's expertise spans across multiple renewable energy sectors, including solar module manufacturing, renewable power generation, and the development of advanced green technologies such as green hydrogen, green methanol, green ammonia, and sustainable aviation fuel. This diverse approach to renewable energy production positions Avaada Group as a key player in India's green energy future, with its efforts aimed at fostering sustainability and innovation in the energy sector.

Real Estate

05 May 2026

Dubai Real Estate Sales Reach AED48 Billion

Dubai’s real estate market recorded 13,977 sales transactions worth AED48 billion in April 2026, reflecting continued resilience across residential and commercial segments.According to a market update by fäm Properties, sales volume rose 3.5 per cent month-on-month compared to March, while total sales value increased by 10.7 per cent. The commercial sector, including offices and shops, recorded the strongest growth, with 561 transactions valued at AED4 billion, up 33.9 per cent year-on-year and 36.2 per cent month-on-month.Apartment sales rose 6.5 per cent month-on-month to 11,377 transacti..

Casagrand Launches 35-Acre Hyderabad Project

Casagrand has launched Casagrand Vybe, its largest residential project in Hyderabad, spread across 35 acres in Rajendra Nagar. The launch marks the company’s fifth residential rollout in 2026 and strengthens its expansion momentum in the city.As part of its Hyderabad growth strategy, Casagrand is adding 3.98 million sq ft of residential space to its portfolio. Since entering the Hyderabad residential market in 2023, the company has scaled its presence with projects across key micro-markets. In 2025, it launched four projects — Casagrand Evon, Casagrand Windsor Court, Casagrand Belair and C..

Bentley Event Spotlights AI Infrastructure

Bentley Systems recently hosted Illuminate Mumbai 2026, bringing together infrastructure leaders, policymakers, technology experts and academia to discuss how AI-driven engineering and digital twins can accelerate India’s journey towards Viksit Bharat 2047.The event focused on scaling intelligent and connected infrastructure ecosystems beyond digital adoption. Discussions covered the use of infrastructure AI, open data environments and digital twin technologies to improve project delivery, sustainability and long-term asset performance across key sectors.Kamalakannan Thiruvadi, Regional Exec..