SC Allows Unitech Board to Seek Police Help

25 Oct 2024 CW Team

The Supreme Court of India has granted permission to the Unitech board, appointed by the Centre, to seek police assistance in managing disturbances affecting its operations. This decision comes amid ongoing challenges faced by the company, which has been under scrutiny due to various regulatory and operational issues.

The court's ruling allows the board to request police support to ensure safety and security during interactions with stakeholders and while conducting business activities. This move is seen as a proactive measure to prevent potential disruptions that could hinder the board’s efforts to stabilize and manage Unitech effectively.

Unitech has been grappling with significant challenges, including financial difficulties and disputes with homebuyers, which have raised concerns about project delays and completion timelines. By enabling police assistance, the Supreme Court aims to ensure that the board can operate without external disturbances that may exacerbate the situation.

This ruling is part of a broader effort to restore confidence in Unitech and facilitate smoother operations under the newly appointed board. The board's ability to work effectively with law enforcement will be crucial in addressing the challenges ahead and implementing necessary measures to resolve outstanding issues with stakeholders.

As the situation unfolds, stakeholders will be closely monitoring how this decision impacts Unitech's operations and its efforts to navigate through these turbulent times in the real estate sector. The court's involvement underscores the significance of regulatory oversight in corporate governance and the importance of maintaining order in such complex situations.

Infrastructure Urban

30 Jul 2026

Centre Clears Power Distribution Upgrade for Uttar Pradesh

The Central Government has approved power distribution projects worth Rs 407.39 billion for Uttar Pradesh under the Revamped Distribution Sector Scheme (RDSS). The investment will be used to modernise the state's electricity distribution infrastructure and strengthen network capacity across urban and rural areas. The package targets one of the country's largest distribution networks as the state experiences rapid urbanisation and rising electricity consumption. Planned interventions include the strengthening of distribution lines, modernisation of substations, replacement of ageing electrical ..

India Data Centres To Consume 191 TWh By 2040 Driving Renewables

A Wood Mackenzie report says India's operational data centre capacity is projected to increase more than fivefold to 12 gigawatt (GW) by 2030 from 2.2 GW in 2025 as artificial intelligence (AI) and cloud computing drive demand. It projects electricity consumption to rise from 10 terawatt-hour (TWh) in 2025 to 191 TWh by 2040. The study forecasts a compound annual growth rate of around 40 per cent and notes AI-dedicated capacity will surge nearly 24-fold from 275 megawatt (MW) in 2025 to 6,546 MW by 2030. The report places India's digital economy at Rs 32 trillion (tn) in 2025 and says it contr..

Hydrogen Train Completes 1,200 Kilometres Of Trials

India's first hydrogen train was flagged off between Jind and Sonipat on July 17 and has travelled over 1,200 kilometres in trials, saving diesel consumption of more than 3,200 litres, a Railway Ministry press release said. The deployment marks the introduction of a zero-emission fuel cell train into route testing and represents a milestone in domestic rail innovation. The train generates electricity onboard through a chemical reaction between hydrogen and oxygen, producing electricity to propel the vehicle while emitting only water vapour as a by-product. There is no smoke and no tailpipe car..