India-U.K. Offshore Wind Task Force Launched

23 Feb 2026 CW Team

The task force will focus on assessing resource potential, de risking projects for financiers and expanding domestic manufacturing capacity for turbines and components. It will work to harmonise standards, expedite permitting and develop skills through targeted training programmes to support project construction and operation. The task force is also expected to explore export opportunities for domestically manufactured components and to support local supply chain linkages.

India has crossed 272 gigawatts (GW) of non-fossil fuel power capacity, marking a significant milestone in its energy transition and expanding the share of renewables and low carbon sources in the power mix. The milestone reflects growth in solar, onshore wind, hydroelectric and nuclear capacity and underlines the challenge of integrating variable generation into the grid. Policy makers noted that stronger transmission planning and storage solutions will be important to ensure system stability and efficient utilisation.

The new bilateral workstream is expected to complement domestic efforts to scale renewable manufacturing, stimulate job creation and enable technology transfer. Stakeholders will monitor progress and pursue measures to mobilise both public and private finance while addressing environmental and social safeguards. The collaboration is positioned as a step towards meeting long term climate and energy security objectives. Governments will review interim recommendations periodically.

The Government of India and the United Kingdom have launched an offshore wind task force to accelerate development of marine wind projects and bolster investment in India's renewable sector. The initiative is intended to identify commercial opportunities, align regulatory frameworks and support supply chain development for large scale deployment. Officials framed the move as part of broader bilateral cooperation on clean energy and technology exchange. It will include technical experts, industry representatives and policy officials to facilitate practical solutions and project delivery. The task force will focus on assessing resource potential, de risking projects for financiers and expanding domestic manufacturing capacity for turbines and components. It will work to harmonise standards, expedite permitting and develop skills through targeted training programmes to support project construction and operation. The task force is also expected to explore export opportunities for domestically manufactured components and to support local supply chain linkages. India has crossed 272 gigawatts (GW) of non-fossil fuel power capacity, marking a significant milestone in its energy transition and expanding the share of renewables and low carbon sources in the power mix. The milestone reflects growth in solar, onshore wind, hydroelectric and nuclear capacity and underlines the challenge of integrating variable generation into the grid. Policy makers noted that stronger transmission planning and storage solutions will be important to ensure system stability and efficient utilisation. The new bilateral workstream is expected to complement domestic efforts to scale renewable manufacturing, stimulate job creation and enable technology transfer. Stakeholders will monitor progress and pursue measures to mobilise both public and private finance while addressing environmental and social safeguards. The collaboration is positioned as a step towards meeting long term climate and energy security objectives. Governments will review interim recommendations periodically.

Infrastructure Urban

23 Feb 2026

CCI Approves Internal Reorganisation Of BCCL Businesses Into THPL

The Competition Commission of India (CCI) has approved an internal reorganisation under which Bennett Coleman & Company Limited (BCCL) will transfer certain entities, businesses, undertakings, assets and liabilities to Times Horizon Private Limited (THPL) on a going concern basis. The approval covers a proposed combination that is intended to effect a demerger of the identified businesses into the newly created entity. The CCI indicated that detailed orders will follow. The proposed transfer pertains to the demerger of the entities, businesses, undertakings, assets and liabilities described as..

Infrastructure Urban

23 Feb 2026

CCI Approves Acquisition Of Portfolio Management Services Business

The Competition Commission of India (CCI) has approved an acquisition in which Axis Asset Management Company Limited (Acquirer) will acquire the portfolio management services business of Axis Securities Limited (Transferor) in India. The proposed combination is an acquisition of the target business from the transferor and has been authorised under the merger control framework. The announcement clarifies that the transaction relates specifically to the portfolio management services activities of the transferor within the Indian jurisdiction. The acquirer manages a mutual fund business and is en..

Infrastructure Transport

23 Feb 2026

Hyderabad Airport Handles 31 Million (mn), Eyes Transit Hub Push

Hyderabad airport (HIA) handled 31 million (mn) passengers in 2025, marking a notable rise in traffic and reinforcing ambitions to develop into a regional transit hub. The airport management attributed the increase to expanded flight frequencies and higher connectivity across domestic and international routes. The figures were presented alongside plans to enhance transit services and streamline passenger flows. Officials said that network expansion by carriers and improved slot utilisation contributed to the traffic growth, while ancillary services and ground handling improvements supported op..