India Must Double Renewable Capacity To Hit 500 GW Target
India’s renewable energy sector must nearly double its annual capacity additions to 50 gigawatts (GW) between 2025 and 2030 to meet the ambitious target of 500 GW, according to a report by S&P Global Ratings. This represents a significant jump from last year’s addition of 29 GW.The global rating agency estimates that achieving this goal will require an investment of approximately USD 175 billion (around Rs 14.5 trillion) in capacity expansion, alongside up to USD 150 billion (about Rs 12.5 trillion) for the development and strengthening of transmission and distribution infrastructure.A..
Maharashtra Clears Kurla Plot Transfer for Dharavi Redevelopment
The Maharashtra Cabinet on Tuesday approved amendments to the terms of the land transfer agreement, paving the way for the transfer of an 8.5-hectare (21-acre) Dairy Development Department plot in Kurla to the Dharavi Redevelopment Project (DRP). The plot, which formerly housed the now-defunct state-run Mother Dairy unit, will be used to construct rehabilitation tenements for Dharavi’s ineligible residents.The Cabinet, chaired by Chief Minister Devendra Fadnavis, aligned the transfer agreement with the latest policy framework of the Housing and Urban Development Department. This amendment ai..
Over 2,600 Karnataka Real Estate Projects Delayed, Rs 6 Bn Refunds Owed
More than 2,600 real estate projects across Karnataka have missed their scheduled completion deadlines, with many now facing indefinite delays. Bengaluru is the worst-affected city, accounting for 1,301 stalled developments. Additionally, 1,007 projects have applied for deadline extensions, which are currently under review, according to data from the Karnataka Real Estate Regulatory Authority (KRERA).KRERA has issued a public notice warning that registration periods for several projects have expired and remain unrenewed, cautioning buyers that dealing with these projects carries risks.Experts ..
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