Infra, With a Difference!

28 Jun 2023 CW Team

Welspun Enterprises has achieved a good set of numbers in FY23. Can you highlight the significant achievements? Also, what has been the impact of the Actis deal closure on your portfolio?
I believe that this is just the beginning of our growth journey and we expect to see healthy growth in future as well. Some of our significant achievements during the year include receiving Completion Certificates for three of our projects – Amravati-Akola (AM2), Chutmalpur-Ganeshpur (CGRG) and Chikhali-Tarsod Highway Road Project (CTHPL), in addition to securing Provisional Completion Certificate (PCOD-II) for Mukarba Chowk-Panipat Road Project (MCPRP), where we have completed 97 per cent of the total project length.

We have also secured an additional contract of Rs 16+ billion, as part of Varanasi-Aurangabad Road Project (VARP). In the Dharavi Wastewater Treatment project, we have completed design, engineering and planning works and have commenced resource mobilisation for construction at project site. Once completed, this will be India’s first and world’s second multi-tier Waste Water Treatment Facility, with state-of-the art technology and low footprint...

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Infrastructure Energy

17 Sep 2025

NARCL Sells Rs 37.63 Billion of Wind World Debt to Omkara ARC

The National Asset Reconstruction Company Limited (NARCL) has successfully sold Rs 37.63 billion of Wind World’s outstanding debt, marking a significant step in managing stressed assets within India’s renewable energy sector. The transaction forms part of wider efforts to resolve non-performing loans and bolster financial stability in the industry.Omkara ARC emerged as the anchor bidder in the deal, demonstrating strong investor interest in renewable energy debt. Anchor bidders play a vital role in ensuring successful debt resolution and attracting participation from other investors in suc..

Madhya Pradesh Targets 50 Per Cent Power From Renewable Sources

Madhya Pradesh is ramping up its green energy generation, aiming for renewable sources to account for 50 per cent of the state’s total power consumption, a senior official has announced.“Renewable energy cannot be ignored. Solar power is now a viable option, and we are committed to significantly enhancing green energy generation in Madhya Pradesh, targeting 50 per cent of total power consumption from renewable sources,” said Manu Srivastava, Additional Chief Secretary of Madhya Pradesh Urja Vikas Nigam, on Friday.Speaking at the inaugural session of the 8th GRIHA Regional Conclave in Bho..

High-Speed Expressway to Cut Ayodhya–Varanasi Travel to Two Hours

Travel between Ayodhya and Varanasi is set to become faster and more convenient, as the National Highways Authority of India (NHAI) begins planning a nearly 200-km high-speed access-controlled expressway connecting the two cities. The tender process has been initiated to prepare the Detailed Project Report (DPR) for the project.Former MP Lallu Singh stated, “Upon completion, the distance from Ayodhya to Kashi can be covered in just two hours.” He added, “The expressway will connect to the Purvanchal Expressway, further enhancing connectivity from Ayodhya to Delhi.”The Ministry of Road ..