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Defence Minister lays foundation for AMCA project in Andhra Pradesh

The chief minister of Andhra Pradesh, N Chandrababu Naidu, and the defence minister Rajnath Singh laid the foundation stone for the Advanced Medium Combat Aircraft (AMCA) infrastructure project. Located in the Sri Sathya Sai district, the project is estimated to cost 15,803 crores, giving a major boost to the indigenous defence manufacturing programme.

The two ministers also launched multiple defence manufacturing and drone city projects aimed at transforming the southern state into a hub for next-generation defence and aerospace technologies.

Also Read: Rs 350 Crore To Be Invested By Imerys In Andhra Plant

HFCL to set up defence manufacturing facility Andhra Pradesh

Telecommunication equipment maker HFCL has plans to develop a new defence manufacturing facility in Andhra Pradesh's Sri Satya Sai District. The firm will invest Rs 230 crores in the project that is expected to be completed by the end of 2027.

As per the firm, this new facility will help it to design, develop, and manufacture advanced defence systems, significantly strengthening its defence product portfolio.

Also Read: Orders worth over Rs 656 crores bagged by HFCL

Bajaj Group chalks out Rs 2,000 crores investment plan as it enters healthcare sector

Mumbai-based Multinational conglomerate Bajaj Group has plans to invest over Rs 2,000 crore in Pune over the next three years. This comes as the firm is looking to build a healthcare model consisting of a tiered approach with a clinic, ambulatory services, home care, and a hospital.

Under the plan, the firm aims to expand into over 12 cities over the next 10 years. As per The Economic Times, the group will be launching its first clinics and ambulatory centres in Pune, and the over 450-bed hospital will take up to four years more to build.

Also Read: Hosmat Hospitals plans expansion to add 200 beds

Vadhvan Port project: Afcons Infrastructure emerges lowest bidder for project worth over Rs 5,301 crores

Construction engineering company Afcons Infrastructure has emerged as the lowest bidder (L1 bidder) for a contract related to the Vadhvan port project. The contract is for the development of a 10.14 km-long breakwater for the new major port coming up at Vadhvan. This will be the longest breakwater for an Indian port project.

The firm has placed a bid of Rs 5,301.25 crores, which is close to the estimate of Rs 5,111 crores.

Also Read: Order worth Rs 700 crore bagged by Afcons Infrastructure

Nisus Finance makes investment worth Rs 90 crores in real estate project in Pune

Financial services provider and structured real estate credit fund manager Nisus Finance Services (NFS) has made an investment worth Rs 90 crores in the wholly owned subsidiary of Paranjape Schemes (Constructions) through its Real Estate Special Opportunities Fund-I (RESO-I).

The project involves the development of a residential tower being developed on 1.09 Acres of conveyed land with a total saleable area of 4.02 lakh sq ft. As per the Economic Times, this project is a part of the project Blue Ridge, a 150-acre developed township by Paranjape Schemes (Constructions) in Hinjewadi phase 1. It is a mixed-use township with 33 residential towers.

Also Read: Nisus Finance acquires residential project in Dubai

Srinagar Airport: Expansion worth Rs 1,000 crores planned

The Srinagar Airport is gearing up for a major expansion work. As per the plans, nearly Rs 1,000 crore will be invested in the construction of a new terminal building with an aim to boost Kashmir’s air connectivity and passenger infrastructure.

The proposed project involves increasing passenger handling capacity and modernizing facilities at the airport. New Terminal will have an upgraded arrival and departure area, enhanced security infrastructure, improved passenger amenities, and expanded operational space to accommodate future traffic growth.

Also Read: Raxual airport: Tender floated for redevelopment work

Uber to set up its first data centre in India, partners with Adani Group

Ride-hailing major Uber has joined hands with the Adani Group to establish its first data centre in India. The project will be developed in Ahemdabad helping Uber expand its technology and innovation footprint in India.

Adani Enterprises, through its joint venture company AdaniConneX, has also partnered with Google to develop India's largest AI data centre campus and green energy infrastructure in Visakhapatnam.

Also Read: AdaniConneX begins work at new data centre in Visakhapatnam

UPMRC floats tender for Agra, Kanpur, and Lucknow metro

The Uttar Pradesh Metro Rail Corporation (UPMRC) has floated a tender inviting bids from eligible bidders for work related to Lucknow, Kanpur, and Agra. These tenders are for the supply and installation of heavy-duty elevators and escalators for metro projects under package LKE(02)-02.

The contract covers an additional one-year comprehensive annual maintenance contract as well.

Also Read: Uttar Pradesh to set up Metro University in Greater Noida

IHG and Adani Airport join hands for development of 5 new hotels

Hospitality sector major IHG Hotels & Resorts has joined hands with Adani Airport Holdings for the development of 5 new hotels. These projects will be developed across key airport-linked and high-growth urban destinations, including Mumbai, Navi Mumbai, and Ahmedabad.

This partnership will add 1,500 keys across multiple brands and locations, in line with IHG's growth plans. As per ET, the projects will be developed across Jaipur, Mangaluru, Thiruvananthapuram, and the Mumbai Metropolitan Region (MMR).

Also Read: IHG Hotels & Resorts enters Chhattisgarh with the signing of Garner Jagdalpur

IHCL signs new greenfield hotel in Goa

Tata Group-owned hospitality brand Indian Hotels Company (IHCL) has announced the launch of a new greenfield project in Goa. IHCL has announced the signing of a resort in South Goa in proximity to Colva Beach.

Spread over 2.9 acres, the project will have 175 keys and will offer an array of dining options, a swimming pool, a fitness centre, and treatment rooms. The new resort will also feature a ballroom spanning approx. 7,000 sq ft with outdoor lawns for social gatherings, weddings, and corporate events.

Also Read: IHCL signs new greenfield hotel in Gurugram

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Building

HFCL to set up defence manufacturing facility Andhra Pradesh

Telecommunication equipment maker HFCL has plans to develop a new defence manufacturing facility in Andhra Pradesh's Sri Satya Sai District. The firm will invest Rs 230 crores in the project that is expected to be completed by the end of 2027.

As per the firm, this new facility will help it to design, develop, and manufacture advanced defence systems, significantly strengthening its defence product portfolio.

Also Read: Orders worth over Rs 656 crores bagged by HFCL

Industrial

Archean Chemical signs agreement worth Rs 2,067 crores under Semicon India program

Chemicals manufacturing firm, Archean Chemical Industries Limited, has signed a pact worth Rs 2,067 crores with the India Semiconductor Mission as a part of the Semicon India Programme. The firm's wholly-owned subsidiary, Neun Infra, and step-down subsidiary SiCSem signed the agreement for the development of Info Valley in Bhubaneswar.

It is aimed at supporting applications across sectors, including electric vehicles, renewable energy, smart grids, industrial automation, 5G telecommunications, and data centre infrastructure.

Also Read: Union Cabinet gives nod to semiconductor projects worth Rs 3,936 crores

Transport

Vadhvan Port project: Afcons Infrastructure emerges lowest bidder for project worth over Rs 5,301 crores

Construction engineering company Afcons Infrastructure has emerged as the lowest bidder (L1 bidder) for a contract related to the Vadhvan port project. The contract is for the development of a 10.14 km-long breakwater for the new major port coming up at Vadhvan. This will be the longest breakwater for an Indian port project.

The firm has placed a bid of Rs 5,301.25 crores, which is close to the estimate of Rs 5,111 crores.

Also Read: Order worth Rs 700 crore bagged by Afcons Infrastructure

Mining

Government to setup coal gasification projects worth Rs 64,000 crores

The Union Minister of Coal and Mines has informed the Rajya Sabha that the government has plans to develop 7 coal gasification projects with an investment of Rs 64,000 crores. According to the minister, the projects will be set up in Maharashtra, Odisha, and West Bengal.

This investment will help in reducing imports of energy products.

Also Read: Commercial mining auction: 7 firms win coal blocks

Power

Waaree Energy bags order for green hydrogen project in Tumkur

Renewable energy firm Waaree Energies has bagged an order for a green hydrogen project. The firm's subsidiary, Waaree Clean Energy Solutions Private Limited, received the order to develop a multi-technology green hydrogen project for TMEIC Industrial Systems India Private Limited.

The scope of the work involves establishing an integrated green hydrogen ecosystem that combines hydrogen production, storage, and utilisation at a single industrial site. This proposed project will include a hybrid setup using PEM and alkaline electrolysers integrated through a centralised automation platform and will deploy both proton exchange membrane and alkaline electrolyser technologies to support flexible operations and improve system efficiency.

Also Read: Waaree Energies bags order for solar modules

Water

Order worth Rs 972 crores bagged by Enviro Infra Engineers

Construction and engineering firm Enviro Infra Engineers has bagged an order worth Rs 972 crores. The order for two sewage infrastructure projects in Maharashtra under the Swachh Bharat Mission (Urban) 2.0.

The first project involves the development of 120.50 MLD STP capacity in the Pune region, along with 209 km of interception and diversion network and 887.2 km of sewer pipelines across 306 ULBs (Urban Local Bodies). This project costs Rs 587.21 crores.

Another project is for the development of 121.10 MLD STP capacity in the Nashik region, along with 105.5 km of interception and diversion network and 433.68 km of sewer pipelines. The estimated cost of the project is Rs 384.98 crores.

Also Read: Enviro Infra Engineers has bagged orders worth Rs 1,481 crores

13-04-2026

Oil & Gas

Coal gasification project: Union cabinet approves Rs 37,500 crores

The cabinet has given its approval for surface coal and lignite gasification projects with an outlay of Rs 37,500 crores. Under the scheme, the aim is to gasify around 75 million tonnes of coal and attract investments of up to Rs 3 lakh crores.

As per the Union Minister Ashwini Vaishnaw, the project supports India's coal and lignite gasification programme, which has set the national target of gasifying 100 million tonnes of coal by 2030.

Also Read: Government to setup coal gasification projects worth Rs 64,000 crores