Outward FDI surges 25.7% to $ 2.1 billion in January: RBI data

Suzlon Wins Rs 30 Billion Order for 381 MW Wind Project

Renewable energy company Suzlon has secured a 381 MW wind energy order from Zelestra India and its affiliates for their first-ever Firm and Dispatchable Renewable Energy (FDRE) project. The order is valued at approximately Rs 30 billion.The project will utilise 127 of Suzlon's S144 turbines and span three states: Maharashtra (180 MW), Madhya Pradesh (180 MW), and Tamil Nadu (21 MW), the company announced.“This project reflects a pivotal shift in India's energy transition towards reliable, round-the-clock renewable power,” said Girish Tanti, Vice Chairman of Suzlon Group.The Maharashtra and..

Centre Cancels 11.4 GW in Green Energy Tenders

The Indian government has cancelled renewable energy procurement tenders totalling 11,400 MW (11.4 GW) since April 2023, amounting to nearly Rs 800 billion in project value. The tenders, floated by central Renewable Energy Implementing Agencies (REIAs) such as SECI, NTPC, NHPC, and SJVN, were withdrawn due to evolving market and policy conditions, Parliament was informed this week.Minister of State for New and Renewable Energy, Shripad Yesso Naik, shared the figures in the Rajya Sabha, stating that the cancellations, completed by 30 June 2025, reflect the government’s efforts to streamline t..

Maharashtra Clears TP Schemes to Boost Pune Infra Growth

The Maharashtra government has given final approval to four Town Planning (TP) schemes prepared by the Pune Metropolitan Region Development Authority (PMRDA), paving the way for faster infrastructure development and planned growth in surrounding villages, officials confirmed on Thursday.The approved schemes include two for Wadachiwadi, one each for Autade–Handewadi and Holkarwadi, and another for Fursungi within Pune Municipal Corporation (PMC) limits. As a result, PMRDA can now proceed with the development of a 6.8 km stretch of the proposed ring road, part of a broader project estimated at..