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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Equipment

Liebherr Cranes Rapidly Progress on Scandinavia’s Second Tallest Tower

An impressive structure has emerged at remarkable speed in Karlskrona. Standing at a height of 200 metres, the NKT Tower 3 is the second tallest tower in Scandinavia. Two Liebherr cranes, a 542 HC-L 12/24 Litronic and a 258 HC-L 10/18 Fibre, are a key part of this ambitious construction project. The tower which is built by Skanska will be an integral part of the world’s largest high-voltage submarine cable factory, which will supply wind turbines and solar parks with essential components. Weighing 28,000 tonnes in total, the NKT Tower 3 is a feat of engineering.Liebherr Tower Crane Center an..

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Resources

GCCIA Concludes AI Forum in Kuwait with Discussions on Enhancing Power

The Gulf Cooperation Council Interconnection Authority (GCCIA), concluded its two-day regional forum held on April 29–30, 2025, under the theme, “Empowering the Future Grid: Exploring the Application of Generative AI in GCC Power Systems,” which took place in Kuwait City. The event brought together a distinguished group of global technology leaders, including GCCIA, the Saudi Electricity Company, ENOWA (NEOM’s Energy and Water Company), GCC energy authorities and utilities, as well as Microsoft, NVIDIA, Oracle, and EPRI Gulf (Electric Power Research Institute), alongside representative..

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Resources

Hindustan Zinc Accelerates Research in Emerging Zinc Battery Tech

Hindustan Zinc Limited, India’s only and the world’s largest integrated zinc producer, sees early breakthrough in the research of next-generation zinc-based battery technologies. The research targets delivering higher energy efficiency, improved safety and longer operational life. The company is pioneering emerging zinc battery technology to support the ongoing clean energy transition.Zinc has emerged as a powerful alternative to lithium owing to its abundance, stability and cost effectiveness. While the lithium market continues to face supply constraints and rising costs, zinc-based syste..

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