Reliance Power Signs Term Sheet For 500 MW Solar Project in Bhutan
Mumbai-based Reliance Power Limited has signed a commercial term sheet for a long-term Power Purchase Agreement (PPA) with Green Digital Private Limited (GDL), owned by Druk Holding and Investments Limited (DHI), the investment arm of the Royal Government of Bhutan. The agreement marks a significant milestone in regional clean energy collaboration across South Asia.Reliance Power and DHI will jointly develop Bhutan’s largest solar power project through a 50:50 joint venture, with an installed capacity of 500 megawatts (MW). The project involves a capital outlay of up to Rs 20,000 million und..
Praveg Launches Eco-Luxury Resort Kachigam in Daman
Praveg Limited has launched Praveg Resort Kachigam, an eco-luxury island retreat across four islands in Kachigam, Daman. The resort spans 89,500 square metres and features 50 sustainable luxury cottages surrounded by a serene lake and lush greenery.Designed for leisure travellers, destination weddings, and corporate events, the resort offers numerous amenities including a children’s play area, gym, swimming pool, restaurant with lakeside views, spa and wellness centre, and vibrant party zones such as Club Martini’z and a dance floor.A key highlight is its wedding and event infrastructure f..
Shyam Metalics to Start Wagon Manufacturing at Kharagpur Plant
Shyam Metalics and Energy Limited, a leading Indian metal company, announced its entry into wagon manufacturing with a new greenfield facility at Kharagpur, West Bengal. The facility, developed by its subsidiary Ramsarup Industries Limited, is scheduled to commence operations by March 2026.The plant will be built in two phases, initially producing 2,400 wagons per year and eventually doubling to 4,800. It will manufacture various types of rolling stock, including flat, open, box, hopper covered, tank, and specialised wagons.Designed with sustainability in mind, the facility will feature roofto..
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