Apple signs JV with CleanMax for renewable energy expansion in India
CleanMax, a leading renewable energy provider in Asia, has announced a landmark joint venture with Apple to enhance renewable energy projects across India, marking a significant advancement in the country's green energy sector. As part of this collaboration, CleanMax has successfully installed 14.4 MW of rooftop solar installations across six industrial sites in India, expected to mitigate approximately 207,000 tons of CO2 emissions over their operational life. This partnership supports essential renewable energy financing, enabling industries to transition to renewable energy sources and opti..
Macrotech Developers to Invest Rs.35 -40 Bn This Fiscal
Macrotech Developers, formerly known as Lodha Developers, is set to inject between ?35 to ?40 billion in land acquisitions during the current fiscal year. This strategic move aims to strengthen the company's land bank as it eyes expansion opportunities in the real estate market.
The Mumbai-based real estate giant has been actively pursuing land parcels to fuel its growth trajectory. With this substantial investment earmarked for land acquisition, Macrotech Developers aims to bolster its presence across key markets.
This investment comes at a crucial juncture for the real estate s..
Nalanda Capital Sells Stake in Great Eastern Shipping
Nalanda Capital has divested a 1.4% stake in Great Eastern Shipping, a prominent player in the ports and shipping industry, for a total sum of Rs. 1.90 billion. This move comes amidst evolving market dynamics and reflects Nalanda Capital's strategic realignment of its investment portfolio.
The sale of shares in Great Eastern Shipping represents a calculated decision by Nalanda Capital to optimise its investment holdings and capitalise on market opportunities. The transaction, valued at Rs. 1.90 billion, underscores the investor's confidence in realising returns while maintaining flexibi..
Loutolim Villagers Upset with Borim Bridge Project Transparency
Residents of Loutolim in Goa are expressing frustration over what they perceive as a lack of transparency regarding the Borim Bridge project. The community has voiced concerns over the project's planning and implementation, citing inadequate communication and consultation by authorities.
According to local sources, villagers feel marginalised as decisions regarding the bridge project have been made without sufficient public disclosure or engagement. There is a growing sentiment among residents that their voices and concerns have not been adequately considered in the planning stages.
..K2 Infragen wins contract; to construct a four-lane rail overbridge
K2 Infragen has clinched a substantial contract valued at Rs 902 million to construct a four-lane rail overbridge on the Patna-Mughalsarai section of Danapur Division in Chandauli district, Uttar Pradesh. The winning bid was secured through a joint venture between Gangasagar Singh and PRL Infrastructure, with K2 Infragen assuming full responsibility for project execution, entrusted by the UP-State Bridge Corporation. Scheduled for completion within 18 months, this project aims to boost connectivity corridors and facilitate seamless mobility across railway tracks in Uttar Pradesh.
This d..