The National Green Tribunal has allowed construction to resume at a major residential or mixed-use project in Pune�s Baner area, subject to strict environmental safeguards. The order requires the developer to install real-time air quality monitoring systems and make pollution data publicly available. Mandatory dust-control measures, including water sprinkling, material covering and wheel-washing facilities, must be followed throughout construction. Regular reporting to pollution control authorities has also been directed, with provisions to halt work if limits are breached. The decision balances development needs in one of Pune�s fast-growing residential hubs with concerns around air quality, public health and responsible urban growth.Read more

Tata Power is preparing to finalise a 10 GW wafer and ingot project, estimated at INR 6,500 crore, by January next year. The company is in discussions with multiple states, including Odisha, Tamil Nadu, and Andhra Pradesh, evaluating policies and incentives before deciding the site. The plant will complete Tata Power�s solar manufacturing integration, covering wafers, ingots, cells, and modules. The company, with a diversified 15.9 GW portfolio in thermal, solar, and wind, is also exploring entry into nuclear energy through small modular reactors (SMRs).Read more

Inox Wind has secured a 102.3 MW wind turbine supply order from ABREL EPC Ltd, a subsidiary of Aditya Birla Renewables. The order involves the supply of 3.3 MW wind turbine generators for projects being developed in Karnataka. The deal strengthens Inox Wind's position in the utility-scale renewable energy segment and reflects continued investment by large corporate groups in clean energy capacity. The company stated that the association aligns with India's broader energy transition goals and supports long-term decarbonisation efforts, while also expanding Inox Wind's growing customer base.Read more

The Karnataka government is accelerating growth in the plastics and polymer sector by developing dedicated plastic parks in Mangaluru and Vijayapura, according to Industries Minister M B Patil. The specialised parks will offer modern infrastructure to support manufacturing, research and skill development. A new campus of the Central Institute of Petrochemicals Engineering and Technology will be set up in the Mangaluru park to train skilled manpower and promote innovation. In Vijayapura, around 200 acres will be allocated for plastic units based on industry needs. The initiative aligns with India's rapidly expanding plastics industry and is expected to boost industrial investment, employment generation and demand for purpose-built industrial real estate across the state.Read more

"JSW Energy, through its subsidiary JSW Energy (Utkal) Ltd, has finalised a 25-year Power Purchase Agreement with multiple Karnataka discoms for supplying 400 MW of power starting April 1, 2026. The tariff has been set at INR 5.78 per kWh. The agreement lowers the company’s open capacity to about 5 per cent and improves the stability of its long-term earnings. With this development, JSW Energy’s locked-in generation capacity has reached 30.5 GW, supported by operational assets, ongoing construction, hydro additions, a strong development pipeline, and large energy-storage commitments. "Read more

Swakop Uranium and NamWater have launched a joint venture to build Namibia’s second desalination plant near Swakopmund, aiming to support the Husab uranium mine and surrounding communities in the Erongo region. The 20 million cubic-meter facility, in planning since 1998, will provide a stable and cost-efficient water supply for industrial and community use. Swakop Uranium owns 70% of the project, with NamWater holding 30%. Estimated at around 3 billion Namibian dollars (USD 176 million), the plant reflects Namibia’s focus on water security and international collaboration in strategic sectors.Read more

Tata Steel has approved a series of expansion and backward-integration plans to strengthen capacity, secure raw materials and widen its downstream product range. The plan includes raising Neelachal Ispat Nigam Ltd's capacity to 4.8 MTPA, developing a new Thin Slab Caster and rolling facility at Meramandali, and setting up a 0.7 MTPA Hot Rolled Pickling and Galvanising Line in Tarapur. The company also finalised a 50.01% stake purchase in Thriveni Pellets, signed an MoU with Lloyd Metals & Energy for mining and steelmaking opportunities, and advanced work on its low-carbon HIsarna technology.Read more

Greenply Industries is preparing to set up a new medium-density fibreboard (MDF) plant with an estimated investment of around INR 500 crore, targeting completion and operations by FY28. The company is close to full utilisation of its existing MDF capacity, which has increased from about 70% to nearly maximum levels in recent months. Multiple site options are being assessed, including Odisha, Baroda and Sandila. Greenply expects stronger growth in the organised plywood and MDF market as mandatory quality norms come into effect in early 2026, reducing low-quality imports and lifting demand for compliant products.Read more

SEPC Ltd has closed its long-pending arbitration dispute with Hindustan Copper Ltd (HCL) after both sides agreed to a full and final financial settlement. The company will receive INR 30.45 crore under the settlement, clearing all outstanding claims and counterclaims between the two organisations. Along with the settlement, SEPC has also been issued a supplementary work order worth INR 72.5 crore for an ongoing vertical shaft sinking project. The development strengthens SEPC's position in mining infrastructure, a sector where it has been expanding steadily in recent years.Read more

TotalEnergies has reached an agreement to operate Galp's Mopane offshore permit in Namibia’s Orange Basin by acquiring a 40% stake from the Portuguese company. The deal places TotalEnergies at the helm of Namibia’s two largest oil discoveries, paving the way for a major production hub. The transaction is expected to close in 2026. TotalEnergies and Chevron were leading contenders for the stake. This move strengthens the French firm’s presence in African offshore oil, while Galp continues to maintain its majority interest in the region.Read more

TotalEnergies is set to merge its British North Sea assets with NEO NEXT Energy, a partnership of Repsol and HitecVision, creating NEO NEXT+ with TotalEnergies holding a 47.5% stake. The venture is expected to produce over 250,000 barrels of oil equivalent daily by 2026. The deal follows a trend of consolidations by European oil majors in the North Sea. Analysts have raised concerns that while operational efficiency may improve, UK tax revenues could be affected. Completion of the merger is anticipated in the first half of 2026, pending regulatory approval.Read more

Kalpataru Projects International Ltd and its subsidiaries have secured new orders valued at around INR 2,003 crore across Buildings & Factories and Power Transmission & Distribution projects in India and abroad. The orders reinforce KPIL's position in residential, hospital, and transmission sectors. With a year-to-date order intake of approximately INR 17,000 crore, the company is positioned for growth in upcoming quarters. KPIL operates in multiple infrastructure sectors, including railways, urban mobility, highways, oil & gas, and airports, executing projects in over 30 countries globally.Read more

Godrej Agrovet's subsidiary Creamline Dairy Products will invest INR 150 crore to set up a new dairy processing facility in Telangana. Planned on a 40-acre site, the plant will produce value-added dairy products under the Godrej Jersey brand and is expected to generate over 300 jobs in three years. The MoU was signed at the Telangana Rising Global Summit 2025, taking the Godrej Group's cumulative investment commitments in the state past INR 10,000 crore. With demand for protein-rich and nutrition-focused dairy products rising, the new unit will expand Creamline's production capacity, strengthen distribution across southern India and support its long-term value-added dairy strategy.Read more

The Adani Group recently announced that it is establishing a 48-megawatt AI-centric green data centre in Telangana with an investment of INR 2,500 crore. At the Telangana Rising Global Summit, Karan Adani noted that the conglomerate has already invested close to INR 10,000 crore in the state across infrastructure, logistics, and manufacturing. He highlighted the group's role in developing highways, logistics networks, and a major defence and aerospace park in Hyderabad, which manufactures UAVs for domestic and global markets. The group's initiatives have collectively generated employment for over 7,000 people.Read more

India's latest battery storage bids have dropped to record-low levels, raising questions about whether these projects can be built and operated safely or profitably. Industry experts say the aggressive pricing trend may lead to low-quality technology, stalled execution, and increased safety risks, especially in high-temperature regions. While the country has tendered 83 GWh of storage capacity since 2021, only 36 GWh has been awarded so far, leaving a major gap compared to its long-term requirement. Analysts also noted that some winning bidders are attempting to sell projects for a premium rather than developing them, adding to concerns about viability.Read more

The Ministry of New & Renewable Energy recently clarified that it has not asked financial institutions to stop lending to renewable energy projects or equipment manufacturers. The clarification came after reports suggested otherwise amid discussions around solar sector overcapacity. The ministry shared that it has only circulated information about current domestic solar PV manufacturing capacities to lenders so they can assess financing proposals more carefully. India has been expanding its renewable energy base rapidly and has already reached 50 per cent of its installed power capacity from non-fossil sources, supported by major policy initiatives and manufacturing incentives.Read more

An Indian defence company has opened a new manufacturing facility in Pune dedicated to producing Uncrewed Surface Vehicles (USVs), marking a major step in its collaboration with Liquid Robotics, a Boeing company. The plant will focus on locally building the Wave Glider-an energy-efficient USV powered by waves and solar energy that supports long-duration undersea surveillance and real-time data sharing. The facility will also handle ocean testing and long-term servicing. Positioned under the US-India defence partnership, the collaboration aims to expand co-production and technological capacity. Company leaders said the new unit aligns with India's 'Make in India' vision and will strengthen maritime domain awareness while reducing reliance on imported systems.Read more

Ocado is set to receive a one-off USD 350 million payment from Kroger after the U.S. retailer decided to close three robotic warehouses and cancel plans for another site. While closures will reduce Ocado's fee revenue in fiscal 2026 by about USD 50 million, the company remains focused on expanding its automation technology and turning cash-flow positive next year. One planned warehouse in Phoenix will continue with new technology. The deal highlights the ongoing importance of Ocado's automation solutions in the U.S. grocery market despite strategic changes by Kroger.Read more

Andhra Pradesh's State Investment Promotion Board has cleared a large solar ingot and wafer manufacturing project proposed by ReNew Photovoltaics in Rambilli, Anakapalli district. The subsidiary of ReNew Energy Global PLC plans to invest INR 3,990 crore in a 6 GW greenfield unit designed to reduce India's dependence on imported solar components, especially from China. The facility will be developed on a 140-acre site supported under the Government of India's PLI scheme for solar manufacturing. The project is scheduled for completion by March 2026, with commercial production expected by January 2028.Read more

Knauf India has expanded its manufacturing capacity at its Khushkhera facility by inaugurating a new Metal Line, effectively doubling the plant's overall output. The development reflects the company's broader strategy to enhance domestic production and support the rising demand for drywall and ceiling solutions in India. To mark the milestone, Knauf organised a Dealer Engagement Day, featuring a plant tour, technical showcases, sustainability activities and engagement events. The company emphasised that the new line incorporates advanced technologies aimed at improving accuracy, reducing waste and ensuring consistent product quality.Read more