Road construction in India to witness 7-10 percent slowdown in FY25

Jenika Ventures Sets Rs 6 billion Sales Target for Q2 FY25

Jenika Ventures, a leading real estate consulting firm, has set an ambitious sales target of Rs 6 billion for the second quarter of FY25. This target reflects the firm’s strategic growth approach, robust market presence, and continued focus on offering value-based real estate solutions across India. With India’s real estate sector regaining momentum post-pandemic, Jenika Ventures is leveraging its market expertise, curated project portfolio, and strong industry relationships to capitalise on the recovery. The Q2 FY25 target aligns with the company’s data-driven planning, customer-ce..

UERC Rejects Pleas Over Cancelled 200 MW Solar Awards

The Uttarakhand Electricity Regulatory Commission (UERC) has rejected review petitions filed by 12 solar developers against the cancellation of Letters of Award (LoAs) issued under the state’s 200 MW Solar Programme.The scheme, launched by the Uttarakhand Renewable Energy Development Agency (UREDA) under the 2013 solar policy, aimed to help Uttarakhand Power Corporation Ltd (UPCL) meet its renewable purchase obligations through tariff-based competitive bidding.The projects—classified under the Type I category—had original commissioning deadlines in 2019–2020, later extended multiple ti..

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 ..