
SpiceJet seeks $ 250 mn raise in 2 months: CMD Ajay Singh

Karnataka CM Seeks New Date for NH Ceremony
Karnataka Chief Minister Siddaramaiah has written to Union Minister for Road Transport and Highways Nitin Gadkari, requesting a rescheduling of the foundation stone laying ceremony for the Shivamogga National Highway project, originally planned for 14 July 2025.In his letter, the Chief Minister expressed disappointment over not being consulted prior to the scheduling of the event, despite his name featuring on the draft invitation. Siddaramaiah noted he had prior commitments, including an inauguration of various development schemes in Indi Taluka, Vijayapura district, on the same day.“I have..

NHAI Reused 63 Million Tonnes of Waste for Roads
The National Highways Authority of India (NHAI) reused over 63 million tonnes of waste materials in constructing highways during 2023–24, marking a significant shift toward more sustainable infrastructure development.NHAI constructed 6,634 km of highways in the year—a 20 per cent increase over the previous fiscal. Despite the rise in activity, greenhouse gas emissions fell from 1.0 to 0.8 metric tonnes of CO₂ per km, indicating cleaner and more environmentally responsible construction methods.Materials such as fly ash, pond ash, plastic waste, and reclaimed asphalt were utilised as alter..

KPI Green Wins Rs 12.5 Billion Wind Project in Gujarat
KPI Green Energy has secured a 150 MW wind power project from Gujarat Urja Vikas Nigam Ltd (GUVNL) under its Phase IX tender, representing a substantial addition to its renewable energy portfolio and supporting its goal of reaching 10 GW capacity by 2030. The Letter of Intent has been received, with the Power Purchase Agreement pending approval from the Gujarat Electricity Regulatory Commission (GERC).Part of a 250 MW tender with an additional 250 MW greenshoe option, the GUVNL auction saw KPI Green emerge as one of the key winners. The awarded project, valued at approximately Rs 12.5 bi..