Work on Mumbai’s seven STPs to kick off soon

06 May 2022 CW Team

BMC is likely to award works for the construction of its seven sewerage treatment plants (STPs) before May 31. Around 2500 million litres (MLD) of sewerage water will be recycled per day after completion. These are slated to be set up at seven spots — Worli (500 MLD), Bandra (360 (MLD), Malad (454 MLD), Ghatkopar (337 MLD), Dharavi (418 MLD), Bhandup (215 MLD) and Versova (180 MLD) — for nearly Rs 260 billion.

SC, on February 24, has passed an order to float and process tenders and to apprise the court of steps taken and report on May 4, with a direction that in the event that any party or bidder has any objections whatsoever to the tendering process, they will be raised before SC and no other court. Such a direction has been passed to obviate any further delay by the grant of stays or injunctions by any other court, thereby impeding the process of inviting bids to set up STPs. The court has directed the municipal commissioner to personally monitor the tender process.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..