Centre Approves Six-Lane Bridge Project in Bhubaneswar

Solarium Wins Rs 266 Million Rooftop Solar Orders

Solarium Green Energy has secured two significant work orders valued at a combined Rs 266 million for rooftop solar projects across various locations in the Northeastern States, under the Ministry of Home Affairs.The first order, worth approximately Rs 129.8 million, was awarded by NTPC Vidyut Vyapar Nigam Limited (NVVN) for the development of a 3,319 kW rooftop solar photovoltaic (PV) project. This was tendered under the NVVN’s “Selection and Discovery of L1 Rates for Rate Contract for EPC of Grid Connected Rooftop Solar PV Projects (51–200 kW) across India”. The project is scheduled ..

Omaxe Secures Rs 5 Billion From Oaktree For Expansion

Omaxe Group has raised Rs 5 billion in funding from Oaktree Capital Management LP, a global investment firm specialising in alternative investments, to fuel the development of ongoing projects and support future growth plans.In a regulatory filing dated 28 July, the company confirmed that the funds will support construction and infrastructure development across key markets, including New Chandigarh, Lucknow, Ludhiana, and Faridabad. The capital will also be directed towards flagship projects such as Omaxe State in Dwarka, an upcoming integrated township in Amritsar, and a new township in Indor..

Lulu Gets Prime Land In AP Amid Protests From RTC Unions

The Andhra Pradesh government has leased prime land in Visakhapatnam and Vijayawada to Lulu International Shopping Mall Pvt Ltd for the construction of shopping malls, drawing sharp criticism from RTC employees’ unions and other groups over the use of public land for commercial purposes.As per Government Order No. 137 issued by the Industries and Commerce (Infra) Department, 13.74 acres at Harbour Park in Visakhapatnam and 4.15 acres of APSRTC’s Governorpet-II bus depot land in Vijayawada have been leased to Lulu Group for 99 years. The lease includes a three-year rent-free period or until..