Public InvIT Phase 2 Likely in December with Fresh Assets

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Thermax showcases water technologies at WETEX 2026

Thermax Limited showcased its seawater desalination and industrial water recovery technologies at the Water, Energy, Technology and Environment Exhibition 2026 (WETEX), held at Dubai World Trade Centre from October 20 to 22. Its digital showcase featured solutions intended to help industries secure reliable water supplies, improve resource efficiency and reduce environmental impact.Dubai Electricity and Water Authority’s (DEWA) financial annual report stated that desalinated water production rose 5.51% year on year in the first quarter of 2026 to 37.57 billion imperial gallons. By June 2026,..

Bondada receives LOI for 120 MWh battery storage project

Bondada Engineering Limited, a Hyderabad-based engineering, procurement and construction (EPC) company, has received a Letter of Intent (LOI) from Gujarat Industries Power Company Limited (GIPCL) for a 20 MW/120 MWh Vanadium Redox Flow Battery Energy Storage System (VRFB BESS). The project will be developed at GIPCL’s 165 MW natural gas power plant complex in Vadodara, Gujarat, and includes a 10-year operations and maintenance (O&M) contract.Bondada Engineering said the project is India’s largest grid-scale VRFB energy storage system. It marks the company’s expansion into advanced en..