Adani Airports Holdings Ltd (AAHL), a subsidiary of Adani Enterprises and India's largest private airport operator, has secured USD 1 billion in project financing for Mumbai International Airport Ltd (MIAL). The deal includes a USD 750 million bond issuance maturing in July 2029 for refinancing, with an option to raise an additional USD 250 million. The funds will support MIAL's capital expenditure programme for modernisation and expansion. Notably, this marks India's first investment-grade bond issuance in the airport sector, with participation from global institutional investors including Apollo-managed funds, BlackRock, and Standard Chartered.Read more
The National Highways Authority of India (NHAI) has initiated a 15-day intensive drive to combat monsoon-related challenges, particularly flooding and waterlogging, on national highways. As part of this effort, NHAI teams, including contractors and consultants, are inspecting vulnerable stretches across the country. Measures such as drain cleaning, pothole repair, desilting of culverts and rainwater harvesting systems, and placement of emergency equipment are being implemented to ensure safe and smooth traffic flow during the rainy season.Read more
The Lucknow Development Authority (LDA) is developing 10 high-tech sectors across 2,858 acres near Sultanpur Road and Kisan Path, with designated zones for IT parks, housing, commercial hubs, civic spaces, and institutions. An additional 188 acres are allocated for a Central Park and golf course. The layout features a grid-road system and eco-friendly planning, including rainwater harvesting and green-building standards. Public transport will be supported with dedicated bus, cycling, and pedestrian lanes. LDA's land-pooling scheme has secured 186 acres from 39 landowners, enabling plans for 5,000 residential plots and extensive industrial and commercial development, all aimed at job creation and regional growth.Read more
Bondada Group has secured a significant 400 MWh battery energy storage system (BESS) project from Tamil Nadu Green Energy Corporation Limited (TNGECL), marking a key development in Tamil Nadu's push towards grid stability and renewable energy integration. The standalone BESS facilities will be installed at Vellalaviduthi and Thennampatty, with the project set to operate under a build-own-operate model. Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) has entered into a 12-year energy storage purchase agreement with the company, enabling two full charge-discharge cycles daily to manage peak demand and ensure uninterrupted power delivery.Read more
Noida International Airport has joined hands with Anlon Technology Solutions to introduce the Cleanjet RRM, India's first indigenously built runway rubber removal machine. Mounted on the Eicher Pro 6028 chassis and compliant with Bharat Stage-VI norms, the machine offers a 100% chemical-free, high-efficiency solution for cleaning rubber deposits, oil spills, and paint markings using ultra-high-pressure water jets. Capable of covering up to 1,100 sq. m per hour, it promises improved safety and sustainability in runway maintenance.Read more
Auto components manufacturer Uno Minda has announced an investment of approximately INR 210 crore for establishing a new casting division facility in Aurangabad, Maharashtra. The initiative aims to cater to the surging demand from OEMs for electric vehicle casting parts. The board recently approved the detailed project report, with plans to phase out the investment over the coming years, funded via internal accruals and term loans. The new unit will add a total capacity of 3,629 MT annually, with the first phase expected to be operational in the second quarter of FY27.Read more
Gentari has commissioned a 150 MW open-access solar power plant in Wardha, Maharashtra-one of the state's largest for commercial and industrial (C&I) users. The facility will generate around 248 million units of clean electricity annually, reducing over 2.38 lakh tonnes of CO emissions-equivalent to removing thousands of cars from the roads. With this project, Gentari's total solar capacity for C&I clients in the state exceeds 225 MW. Sharad Pungalia, Gentari's India head, highlighted strong demand for reliable green energy. The project supports the company's wider sustainability strategy, which includes solar, green hydrogen, and clean mobility solutions across India and the Asia-Pacific.Read more
Adani Group has commissioned India's first off-grid 5 MW green hydrogen plant in Kutch, Gujarat, marking a significant step under the National Green Hydrogen Mission. Developed by Adani New Industries Ltd (ANIL), the plant operates entirely on solar energy and is integrated with a Battery Energy Storage System (BESS), enabling round-the-clock, grid-independent hydrogen production. The pilot facility showcases the potential of decentralised renewable-powered hydrogen generation and serves as a precursor to Adani's larger green hydrogen hub planned at Mundra. The initiative aims to advance India's transition to clean energy and reduce its dependence on fossil fuel imports.Read more
Orthopaedic aids manufacturer Tynor Orthotics has launched a state-of-the-art textile manufacturing unit Ortech Textiles in Mohali, Punjab. Developed with an investment of INR 300 crore, the facility spans six acres and is designed to cater entirely to Tynor's raw material requirements, significantly reducing reliance on Chinese imports. The new unit is expected to generate 1,000 jobs as part of the company's broader expansion plan to grow its workforce from 2,500 to 5,000. The plant was inaugurated by Punjab Industries, IT and Labour Minister Tarunpreet Singh Sond, who also highlighted recent reforms to accelerate industrial approvals in the state.Read more
GMR Hyderabad International Airport Ltd (GHIAL) has launched a INR 5,843 crore expansion at Rajiv Gandhi International Airport to meet rising traffic. The plan includes a new 225,000 sq. m terminal primarily for domestic use, a 3,800-meter runway for low-visibility operations, and a 650-meter cross taxiway for wide-body aircraft. Aircraft stands will increase to 163 and parking bays to 5,590. A second cargo terminal (50,000 MT capacity) costing INR 160 crore is set to open by July. The existing terminal is also being expanded at INR 427 crore. A 31-km metro line from Mindspace to the airport is planned to boost access, with GHIAL supporting the initiative. AERA will determine revised tariffs.Read more