Water treatment plants improved the water quality of lakes

27 Aug 2024 CW Team

Coimbatore has won multiple accolades for being ahead of the smart curve. From cutting-edge technologies for surveillance and lake rejuvenation to a one-of-a-kind ‘media tree’, the city continues to take notable strides in providing sustainable quality of life for residents. Sivaguru Prabhakaran, CEO, Coimbatore Smart City (CSCL), elaborates upon these initiatives and more – including plans to adopt green municipal bonds – in conversation with R SRINIVASAN. Excerpts:

Coimbatore, at the national level, won the first prize in the ‘Built Environment’ category (out of 88 proposals sent from 52 cities). It also won first prize as ‘Best City’ in the South Zone category. What factors would you attribute to these successes?
The construction of smart city projects faces many challenges. However, our success could be ascribed to a collaborative process and our innovative approach in providing a synergic solution that provides co-benefits in addressing problems faced by the city. Cross-sectoral collaboration between local government, NGOs, academia, industry, professional bodies and civil society resulted in planning and formulating solutions...

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Real Estate

17 Sep 2025

Indian REITs Offer 6-7.5 per cent Yield, Surpassing Many Global Markets

Indian Real Estate Investment Trusts (REITs) are delivering average yields of 6–7.5 per cent for unitholders, outperforming many mature markets, including the US, according to a report by Credai and Anarock.Credai, the apex body of Indian real estate developers, and property consultant Anarock released the report Indian REITs – A Gateway to Institutional Real Estate at an event in India.Currently, India has five listed REITs – Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, Nexus Select Trust, and Knowledge Realty Trust. Nexus Select Trust pr..

Insolation Energy Wins 226 MW Solar Projects Under PM-KUSUM

Insolation Energy on Monday announced securing multiple solar projects totalling 226.45 MW, with an investment of Rs 7.5 billion, under the PM-KUSUM scheme. The orders were awarded to its wholly-owned subsidiary, Insolation Green Energy Pvt Ltd, by Jaipur Vidyut Vitran Nigam Limited for 20 sites and Ajmer Vidyut Vitran Nigam Limited for 115 sites, the company informed the exchanges.“The combined SPV solar power plants will total 226.45 MW under PM-KUSUM Component A, with the final levelised tariff at Rs 3.04 per unit for 16 sites, Rs 2.82 per unit for 5 sites, Rs 2.75 per unit for 53 sites, ..

Numaligarh Refinery Awards EPC Contract for Rooftop Solar Projects

State-owned Numaligarh Refinery Ltd. (NRL) has awarded a Letter of Award to Solarium Green Energy Ltd. for the rate contract covering the Engineering, Procurement, and Construction (EPC) of grid-connected rooftop solar PV projects at various locations. The projects fall within the categories of 51–200 kW and 201–1000 kW. Notable projects include a 140 kW rooftop solar plant at NRL Assam, a 760 kW plant at NRL Assam, and a 280 kW plant at NRL West Bengal.The supply order covers ex-manufacturing works and the dispatch price for plant and equipment for the 140 kW, 760 kW, and 280 kW rooftop s..