Mt. K Kapital raises Rs 3.5 billion in its maiden real estate fund

RPSG Renewable Arm To Acquire Renew Solar Portfolio

RPSG Group's renewable-energy arm will acquire Renew Solar Power's portfolio for Rs 48.59 billion (bn). The transaction was announced by the companies in a joint statement that outlined the transfer of solar assets and development rights and said the deal will consolidate ownership under a single renewables platform. The acquisition will strengthen RPSG Group's position in the renewable-energy sector by adding a diversified set of projects to its holdings. The portfolio comprises operational plants and projects at various stages of development across multiple regions. Company executives framed..

PMC Floats Rs 164 Crore Tender For Chandni Chowk Bhugaon Road

The Pune Municipal Corporation (PMC) has floated a Rs 164 crore tender for the Chandni Chowk-Bhugaon road project in Pune, valued at Rs 1.64 billion (Rs 1,640 mn). The project is designed to link the National Defence Academy (NDA) area at Chandni Chowk with Bhugaon and the civic body has secured nearly 80 per cent of the land required, clearing a key hurdle for construction. The tender details were released on the civic portal. The scheme will upgrade a two point two kilometre stretch between Chandni Chowk and Bhugaon and will include a 60 metre-wide flyover and a 70 metre-long bridge over the..

Myanmar And Thailand Seek Faster Trilateral Highway Progress With India

Myanmar and Thailand have urged faster progress on the India?Myanmar?Thailand Trilateral Highway Project, emphasising regional connectivity and cross border infrastructure. The call followed a joint statement after the visit of Myanmar President U Min Aung Hlaing to Bangkok, where the two sides discussed measures to strengthen transport and economic links. The statement described the highway as a priority for subregional integration. The leaders reaffirmed commitment to enhancing connectivity and endorsed the establishment of a Joint Working Group on Myanmar?Thailand connectivity. The mechanis..