RENEWABLE ENERGY PARK
CleanMax plans ₹50,000-crore investment in Andhra Pradesh to power 2 GW green compute factory
CleanMax Enviro Energy Solutions Ltd has signed an MoU to invest ₹50,000 crore in Andhra Pradesh for developing clean energy. The investment will include 3 GW of renewable capacity and a compute factory in Kurnool district. They plan to ensure round-the-clock electricity through integrated power infrastructure combining wind, solar, and storage systems. Additionally, CleanMax will implement training programs for local youth and upgrade educational infrastructure.
AMFI reshuffle: Jio Platforms and NSE may get largecap status, Vedanta may become midcap in H1 CY27
Nuvama expects Jio Platforms and NSE to enter AMFI's largecap category in its H1 CY27 reshuffle, while Vedanta may move to midcap status. The proposed changes also include upgrades and downgrades across midcap and smallcap stocks, with revised market-cap thresholds estimated at Rs 1.12 lakh crore and Rs 36,700 crore.
Stocks in news: M&M, BHEL, Adani Enterprises, Wipro, Tata Steel, Siemens and Divi's Labs
Indian equity markets ended marginally lower on Sunday, breaking a seven-session winning streak. The NSE Nifty 50 decreased by 44 points, closing at 24,986. Several companies, including Adani Enterprises and Tata Steel, announced important corporate developments and new investments. Wipro appointed a new CEO for its Americas unit, while various firms reported their quarterly earnings. Overall, investors remain cautious as they monitor these announcements and future market movements.
If AI unwinding pulls power stocks down, mind the difference between narrative and business: 6 stocks with upside potential of up to 30%
It is quite possible that, over the coming weeks, the narrative on the street could be that power stocks, which many had started to treat as a kind of proxy for the AI build-out, would come under pressure. But linking these stocks to global unwinding in the AI trade could be a mistake because demand for power in India depends on something far bigger and far older.
'Missile shield at Mar-a-Lago, mass burial drills': Is Trump ready?
The US military is enhancing its presence in the Middle East as tensions with Iran escalate. Preparations include reinforcing air defenses and conducting battlefield casualty exercises that have not occurred in decades. Recent reports suggest a possible military campaign against Iran could commence following the midterm elections. Despite ongoing diplomatic efforts, significant disagreements remain regarding nuclear negotiations and sanctions.
Horizon Industrial Parks leases record 2.5 million sq ft in Q2, revenue rises 30%
Horizon Industrial Parks achieved a 30% increase in revenue, reaching Rs 215 crore for the quarter. The company leased 2.5 million sq ft, exceeding expectations and reaching 68% of its annual target. With an occupancy rate of 94%, Horizon delivered six buildings totaling 1.8 million sq ft during the quarter. The company's net debt decreased significantly after its initial public offering.
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High-voltage reality: ‘Data hubs need stable grids more than sops’
As states roll out the red carpet to attract private investments in artificial intelligence (AI) and cloud infrastructure, delivering uninterrupted power to project sites from day one would be crucial for their success, they said.
It’s unity in diversity to draw data centres
States play on their uniquestrengths with RE-relatedincentives, powered sites & easier energy procurement.
From rocks to riches: India’s unfinished critical minerals story
India's manufacturing industry is significantly affected by its heavy reliance on imported critical minerals like lithium and cobalt. The recent supply disruptions from China have highlighted weaknesses in India's domestic capacity for refining these minerals. Efforts to enhance mineral processing and create integrated production facilities are underway to reduce import dependence.
Right question for a bearish market: Not ‘will it fall’, but ‘is the business falling’? 5 large-caps with upside potential of up to 29%
The best large companies are the ones FPIs own the most. So, when they decide to sell, it is precisely these high-quality stocks that see the heaviest selling. That is one of the reasons why large-cap stocks have been under pressure of late.
Rs 3,350 crore gift to Ladakh: India's 1st petroglyph park, airport terminal for 35 lakh passengers & 298-km Himalayan road among 5 projects launched by PM Modi
Ladakh mega projects: Prime Minister Narendra Modi inaugurated five development projects worth Rs 3,350 crore in Ladakh, focusing on connectivity, power infrastructure, cultural heritage and water security. The projects include a new Leh airport terminal designed to handle 35 lakh passengers annually, the 298-km Nimmu-Padum-Darcha Road, a 9 MW hydropower project, a transmission line, India’s first petroglyph conservation park and 40 water bodies developed under Project Him Sarovar.
National highway projects awarded rise 62.9% during April-Sept: MoSPI
National highway projects awarded experienced a 62.9% increase in distance during the April-September period. Electronic toll collection transactions also rose significantly, indicating increased digital use. Air cargo movement increased by 12%, and foreign tourist arrivals grew as well. The telecommunications sector expanded, adding over 29,000 kilometers of optical fiber cable. Overall, performance indicators across multiple infrastructure sectors have shown positive trends in FY27.
PM Modi to inaugurate five development projects worth around Rs 3,350 crore in Ladakh tomorrow
On October 15, Prime Minister Narendra Modi will inaugurate key development projects that enhance infrastructure in Ladakh. The projects aim to improve connectivity, energy security, and cultural heritage conservation in the region. These efforts include the New Passenger Terminal Building at Kushok Bakula Rimpochee Airport and the Nimmu-Padum-Darcha Road. Additionally, a Petroglyph Conservation Park and 40 water bodies under Project Him Sarovar will be inaugurated.
After US, India is easiest place to list a company, says Blackstone president and COO Jonathan Gray, eyes $100 billion investment in the country
Blackstone's president and chief operating officer Jonathan Gray has stated plans to increase their investment in India to $100 billion. He highlighted positive sentiments surrounding India's economy, which is growing over 7%. Gray acknowledged recent concerns like rising energy costs but emphasized robust economic momentum. The firm is committed to investing in sectors such as infrastructure, financial services, and healthcare.
One dead in new attack on Saudi airport, a day after Houthi strike kills 13
On Sunday, an attack on Riyadh's international airport led to one fatality and eleven injuries. This incident occurred following a prior strike claimed by the Houthis that caused numerous casualties. Saudi coalition forces reported intercepting multiple projectiles targeting various locations, revealing vulnerabilities in the kingdom's defense. The Saudi government has stated that air defenses are monitoring threats closely amid ongoing conflict.
Bear Grylls bought a 20-acre island and houseboat for under $300,000, cheaper than a London apartment, but with no electricity or running water
Bear Grylls and his wife Shara decided to purchase a 20-acre private island in Wales. They found that the price was significantly lower than a flat in London. The property lacked modern amenities, including electricity and running water, which posed challenges. Grylls invested considerable time and effort to renovate the derelict buildings into a livable home. He also implemented renewable energy sources to support his family's needs on the island.
AMFI reshuffle: NSE may get largecap status, SBI Fund Management may become midcap in H1 CY27
Nuvama expects NSE to enter the largecap category and SBI Funds Management to become a midcap in AMFI’s H1 CY27 reshuffle. Bosch, Siemens Energy India and others may be upgraded, while several largecaps could move down. The revised classification will take effect from February 1, 2027, after H2 CY26 market-cap rankings.
Your car knows where you go. Insurers, lenders and automakers want to know too
Connected cars continuously generate data regarding various attributes like location, driving patterns, and vehicle diagnostics. This data collection offers manufacturers and service providers insights to enhance their offerings. Diverse stakeholders can leverage this information, including insurers and fleet managers, to better assess risks and operational efficiencies. However, concerns about data privacy and user consent complicate the monetization landscape.
KPI Green Energy bags ₹2025 crore from NACOF Oorja for turnkey 500 MW/550 MWp solar power plant in Rajasthan
KPI Green Energy received an order worth ₹2025 crore from NACOF Oorja for a turnkey 500 MW/550 MWp solar photovoltaic power project. The project is to be developed by NOPL at Dantoor village in Bikaner, Rajasthan. The company would be completely responsible for the engineering, procurement and construction of the order and is scheduled to be completed within 12 months of handing over the project site.
5 stocks with consistent score improvement and upside potential of up to 26% in 1 year, according to analysts
When fear and uncertainty are the primary feelings on the street, the ability to rationally deal with negative news drops sharply. That is something to remember as volatility is expected to persist in the short term. At the same time, the market will adjust to the likely decline of both the top and bottom lines of companies in some sectors.
Websol Energy secures 54-acre land in West Bengal for 4GW solar manufacturing plant
Websol Energy System has secured 54 acres in West Bengal’s Falta Industrial Park to set up a new solar manufacturing facility.
Embassy REIT raises Rs 1,000 crore in first bank financing at trust level
Embassy Office Parks REIT successfully raised Rs 1,000 crore through floating-rate non-convertible debentures in a notable transaction. This marks the first time an Indian REIT accessed funding from a scheduled commercial bank at the trust level. The funds were subscribed entirely by a European multinational bank and represent a significant milestone for the REIT sector. This funding method enhances the access to institutional capital and diversifies the financing options available.
Navitas Solar to invest over $1 billion in clean energy expansion
Navitas Solar intends to invest 100 billion rupees in Gujarat and Maharashtra over the next five years. This investment will support the expansion of solar ingots, wafers, cells, modules, and battery storage. The company is already constructing a 2.4 gigawatt solar cell plant in Gujarat, with operations expected to begin in July 2027. Additionally, Navitas is developing solar parks in Maharashtra with specified capacities.
Caparo Power eyes new industrial clusters as demand for reliable power rises
Raman Chopra, CEO & Whole-time Director of Caparo Power Limited, discusses the company's growth from a 26 MW plant in Bawal to a 35.73 MW operation, its expansion plans and the rising demand for reliable industrial power.
Inox Clean Energy nears Rs 2,500 crore acquisition of Actis-owned Athena Renewables
Inox Clean Energy is close to acquiring Athena Renewables from Actis. This transaction is nearing conclusion with an in-principle agreement reached. The acquisition would significantly boost Inox Clean Energy's renewable capacity. Athena Renewables operates four solar power plants with over 554 MW. These assets have a strong operational track record and long-term agreements.
Inox Clean Energy set to buy Actis-owned Athena Renewables for Rs 2,500 crore
Inox Clean Energy is close to acquiring Athena Renewables from Actis for Rs 2,500 crore. This acquisition will significantly boost Inox's renewable energy generation capacity. The deal is nearing conclusion after an in-principle agreement was reached. Inox has been actively acquiring assets to scale up its operations quickly. This move aligns with its strategy ahead of a planned initial public offering.
Australia turned food scraps into biogas at EarthPower; the result powered 4,000 homes while processing 62,500 tonnes of food waste and producing soil improver in Sydney
Every year, major metropolitan hubs produce hundreds of thousands of tonnes of organic waste, a significant portion of which ends up decaying in municipal landfills where it generates potent greenhouse gas emissions. In Sydney, the industrial suburb of Camellia, tucked along a bend of the Parramatta River, offers a practical blueprint for intercepting this waste stream before it reaches the dump. The EarthPower facility was designed around a straightforward premise: treat food refuse not as a liability to be buried, but as a rich source of raw bioenergy.
Ireland's retired wind-turbine blades are getting strange second lives; old power equipment is now becoming benches, bike parking and picnic tables
Ireland's retired wind-turbine blades are getting strange second lives; old power equipment is now becoming benches, bike parking and picnic tables. Irish company BladeBridge is using retired blades for community infrastructure while addressing the waste created by fiberglass composites. The approach includes bridges, benches, bike parking, picnic tables and charging hubs, while projects elsewhere show how turbine materials can support a circular economy after their energy-producing life ends.
Karnataka approves data centre, marine biotech policies
Karnataka has approved new policies for data centres and marine biotechnology sectors. These initiatives aim to attract significant investment and expand economic activity statewide. The data centre policy targets one gigawatt of IT load by 2031. Marine biotechnology seeks to grow the blue bioeconomy to eight billion dollars by 2031. Both policies will foster infrastructure development and create numerous job opportunities.
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