India's Green Revolution: A ?12 Million Investment for Renewable Energy by 2030

05 Dec 2023 CW Team

In a groundbreaking move towards sustainable energy, India aims to invest ?12 million in the renewable energy sector by 2030, as revealed by the Chairman of the Indian Renewable Energy Development Agency (IREDA). The ambitious plan underscores the nation's commitment to combating climate change and transitioning to cleaner alternatives. The funds, primarily sourced from the Non-Banking Financial Companies (NBFC) sector, will play a pivotal role in accelerating the adoption of renewable technologies. The IREDA chief emphasized the critical role of NBFCs in supporting this initiative. The financial infusion is expected to drive the development and implementation of solar, wind, and other renewable projects, contributing significantly to India's energy landscape. This initiative aligns with the country's larger vision of achieving a substantial share of renewable energy in its overall power generation.

Real Estate

30 Jul 2026

AI: The New Recruit

From getting ideas to evaluating designs, presenting concepts to clients and tracking projects, artificial intelligence (AI) is helping architects work better and faster.“AI allows architects to spend more time doing what only they can do: think critically, synthesise complexity and design with intent,” says Dikshu C Kukreja, Managing Principal, CP Kukreja Architects. “Every minute reclaimed from repetitive processes can be invested in creativity, contextual understanding, interdisciplinary collaboration and innovation – the qualities that define meaningful architecture.”To read the ..

Redevelopment 2.0

In 2017, Mumbai identified 160,000 ageing buildings due for structural audit. Close to half of these were in the Western Suburbs. Redeveloping the oldest and structurally weakest of these would help unlock new housing, much needed given the city’s growing population density and constant developed area of 437.7 sq km. At 30,600 people per sq km in 2024, Mumbai’s density was almost thrice that of Gurugram, and 60 per cent higher than Bengaluru’s.Essentially, Mumbai’s realty market has demand. It has capital. It has realty development potential.Fast forward to 2026. Mumbai has 1,094 regis..

Cost intelligence will become a strategic contributor to project success

As India's construction industry accelerates its digital transformation, integrated platforms, AI and connected data are becoming essential to improving cost certainty, project efficiency and sustainability. Ravi Kumar, Sales Director – India, RIB Software India, shares how digital workflows are reshaping project planning, commercial management and decision-making across the construction value chain.India's construction sector is embracing digital technologies at an unprecedented pace. From your perspective, what are the biggest shifts driving this transformation and how is RIB Software enab..