India’s Warehousing Sector Grows 15% in Q1 2025

25 Apr 2025 CW Team

Evren, Brookfield’s India-based renewables platform, has signed a 300 MW power purchase agreement (PPA) with state-run NTPC for firm and dispatchable renewable energy supply.

The project will involve setting up nearly 1 GW of hybrid capacity—combining solar, wind, and battery energy storage—to deliver reliable green power during peak hours, helping discoms meet both energy demand and regulatory obligations for renewables and storage.

Designed to supply 300 MW of firm renewable energy, the integrated setup will offer greater dispatch efficiency during high-demand periods, a key requirement as India ramps up its renewable mix.

“The FDRE tender is a significant milestone for us,” said Suman Kumar, CEO of Evren. “We’re investing proactively in quality resources, including land banks and interconnect approvals, to enable large-scale decarbonisation.”

Evren was launched by Brookfield in partnership with Axis Energy. The platform has a portfolio of over 11 GW, with 7 GW of mid- and late-stage wind and solar projects spread across India.

Infrastructure Urban

07 Oct 2025

RITES Bags Rs 362 Million Order From DVC

RITES Limited, a Schedule 'A' enterprise under the Government of India, has announced that it has received a major domestic work order from the Damodar Valley Corporation (DVC). The company disclosed the development in a filing to the BSE and NSE dated 2 October 2025. The total contract value stands at Rs 362 million (excluding GST).Under the agreement, RITES will provide comprehensive services for the DVC Mejia Thermal Power Station. The scope of work includes the Annual Maintenance Contract (AMC) for Railway Sidings tracks, Operation and Maintenance (O&M) of Signalling and Telecommunicat..

Greta Minerals Doubles WA Exploration Land, Targets Lithium Supply for India

Greta Minerals Pte, part of Singapore-based Greta Group, has expanded its exploration footprint in Western Australia to 1,550 sq km, up from 700 sq km acquired in 2024.Nitesh Chaudhari, Chairman of Greta Group, said, “We are very happy to expand our landholding, encouraged by initial results from Ultrafine+ soil sampling at Gecko North. The geological corridor appears promising for lithium, gold, and other critical minerals.”The Gecko North Project, 25 km northwest of Coolgardie, is one of seven critical mineral and gold projects under Greta Minerals (Australia) Pty, which now holds 37 gra..

Vedanta Extends Demerger Deadline to March 2026 Amid Pending Approvals

Vedanta, led by Anil Agarwal, has extended the deadline for its corporate demerger to March 31, 2026, as approvals from the National Company Law Tribunal (NCLT) and relevant government authorities are still pending, the company said in a regulatory filing. The deadline had earlier been extended from March 31, 2025, to September 30, 2025.The board stated, “Given that the conditions precedent in the Scheme, including NCLT approval and approvals from certain government authorities, are still in process, the timeline for fulfilment of these conditions has been extended to March 31, 2026.” The ..