Hyderabad Metro: India’s first IGBC Platinum certified network

21 Nov 2024 CW Team

Hyderabad’s L&T Metro Rail (L&TMRHL) has become the first metro network in India to achieve the prestigious IGBC Green Existing MRTS Platinum Certification. This recognition applies to all 57 stations across its Red, Blue, and Green Line corridors, highlighting its commitment to sustainable urban transport and leadership in green building practices.

The certification was presented during the Green Building Congress 2024 in Bengaluru, organised by the Indian Green Building Council (IGBC). L&TMRHL executives, including MD & CEO KVB Reddy and COO Sudhir Chiplunkar, received the honour from B. Thiagarajan, Chairman of IGBC, Christopher de la Cruz, CEO of the Philippine Green Building Council, and C. Shekhar Reddy, National Vice-Chairman of CII-IGBC.

Expressing his gratitude, Reddy stated, “This recognition reflects our dedication to sustainability and reinforces our commitment to eco-friendly and efficient public transportation for Hyderabad.” Chiplunkar added, “This milestone validates our efforts in energy efficiency, eco-friendly design, and resource conservation as we continue innovating in sustainable urban mobility.”

The IGBC Platinum certification, the highest honour for sustainable operations, underscores L&TMRHL's initiatives in:

- Energy efficiency: Implementing advanced technologies to reduce energy use. - Eco-friendly design: Incorporating sustainable features across all metro stations. - Resource conservation: Emphasising water management, renewable energy, and waste reduction.

This achievement is attributed to L&TMRHL’s collaborative efforts and adoption of cutting-edge green technologies. The metro system has also received multiple accolades for its brand communication and stakeholder engagement initiatives, setting benchmarks for sustainable urban transportation in India. (ET)

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..