Newsmakers
ECONOMY & POLICY

Newsmakers

Toward Transparent Governance

Sanjeev Jaiswal, IAS, Vice President and Chief Executive Officer of MHADA, recently reviewed the progress of major redevelopment projects like Abhyudayanagar, Gandhinagar, and Patra Chawl under the 100-day action plan. He directed the initiation of tenders for Bandra Reclamation, Adarsh Nagar, and Worli colonies. To boost transparency and reduce RTI requests, MHADA will upload over 15 crore official documents online, while safeguarding sensitive information. He announced that eligibility for over one lakh mill workers under the Girni Kamgar scheme has been finalised. Under his leadership, MHADA is advancing transparent governance, efficient housing delivery, and better public service across Maharashtra.

Powering the East 

Sharad Mahendra, Joint Managing Director at JSW Energy, is steering the company’s largest greenfield investment— a Rs 160 billion, 1,600 MW ultra-supercritical thermal  power plant in Salboni, West Bengal. The project marks JSW’s entry into eastern India and is among the most cost-efficient in the country, while creating thousands of jobs and boosting regional industrialisation.

Infrastructure Push for Mmr 

Harsh Baweja, Director (Finance), REC, formalised a landmark `Rs 1 trillion MoU with MMRDA to finance infrastructure in the Mumbai Metropolitan Region. Signed during IGF Mumbai NXT 25, the commitment underscores REC’s pivotal role in supporting urban mobility, housing, and essential infrastructure over the next five years.

Delivering India’s Largest Ipp Wind Order 

Kailash Tarachandani, Group CEO – Renewables Business, Inox Wind, announced the receipt of a 990 MW turnkey wind project order from Purvah Green, a CESC subsidiary. The project, spread across multiple locations, will begin phased commissioning in FY26 and marks a significant milestone, further deepening the company’s relationship with its esteemed customer.


Toward Transparent GovernanceSanjeev Jaiswal, IAS, Vice President and Chief Executive Officer of MHADA, recently reviewed the progress of major redevelopment projects like Abhyudayanagar, Gandhinagar, and Patra Chawl under the 100-day action plan. He directed the initiation of tenders for Bandra Reclamation, Adarsh Nagar, and Worli colonies. To boost transparency and reduce RTI requests, MHADA will upload over 15 crore official documents online, while safeguarding sensitive information. He announced that eligibility for over one lakh mill workers under the Girni Kamgar scheme has been finalised. Under his leadership, MHADA is advancing transparent governance, efficient housing delivery, and better public service across Maharashtra.Powering the East Sharad Mahendra, Joint Managing Director at JSW Energy, is steering the company’s largest greenfield investment— a Rs 160 billion, 1,600 MW ultra-supercritical thermal  power plant in Salboni, West Bengal. The project marks JSW’s entry into eastern India and is among the most cost-efficient in the country, while creating thousands of jobs and boosting regional industrialisation.Infrastructure Push for Mmr Harsh Baweja, Director (Finance), REC, formalised a landmark `Rs 1 trillion MoU with MMRDA to finance infrastructure in the Mumbai Metropolitan Region. Signed during IGF Mumbai NXT 25, the commitment underscores REC’s pivotal role in supporting urban mobility, housing, and essential infrastructure over the next five years.Delivering India’s Largest Ipp Wind Order Kailash Tarachandani, Group CEO – Renewables Business, Inox Wind, announced the receipt of a 990 MW turnkey wind project order from Purvah Green, a CESC subsidiary. The project, spread across multiple locations, will begin phased commissioning in FY26 and marks a significant milestone, further deepening the company’s relationship with its esteemed customer.

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Infrastructure Transport

Sonowal Unveils Eight Projects at NMPA’s Golden Jubilee

Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal, inaugurated the Curtain Raiser Ceremony of the Golden Jubilee Celebrations of the New Mangalore Port Authority (NMPA) at Bharat Mandapam. To commemorate the milestone, he unveiled eight major maritime infrastructure projects designed to strengthen India’s port network, enhance logistics performance, and promote sustainability. These include a modern cruise terminal, new covered storage facilities, a 150-bed multi-speciality hospital, expanded truck terminals, and improved port access infrastructure aimed at enhancing..

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Infrastructure Energy

India To Boost US LPG Imports, Cut Middle East Reliance

India is planning to reduce imports of liquefied petroleum gas (LPG) from the Middle East as state-owned refiners prepare to ramp up purchases from the United States, according to sources familiar with the matter. The move aligns with New Delhi’s efforts to expand energy cooperation and secure a broader trade deal with Washington. State refiners have already notified their traditional LPG suppliers in Saudi Arabia, the United Arab Emirates, Kuwait and Qatar of the potential reduction in imports. Although the exact size of the supply cut was not disclosed, earlier reports suggested that Indi..

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Infrastructure Energy

UK Sanctions Nayara Energy in Crackdown on Russian Oil

The United Kingdom has announced fresh sanctions on 90 entities, including Indian refiner Nayara Energy Limited, in its latest bid to curb Russian oil revenues and weaken President Vladimir Putin’s war funding. The sanctions, unveiled jointly by the Foreign, Commonwealth and Development Office (FCDO) and the UK Treasury, aim to disrupt networks supporting Moscow’s crude exports amid the ongoing war in Ukraine. According to the FCDO, the new restrictions are intended to “strike at the heart of Putin’s war funding” by targeting firms and assets that enable Russia’s energy trade. “..

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