Real estate dedicated fund, the ASK Property Fund, has invested Rs 260 crore with the Kanodia Group’s real estate venture, Kreeva. Kreeva has acquired a land parcel in South Delhi for Rs 350 crores
The firm will develop a luxury residential project spread over 500,000 sq ft. on the acquired land.
Also Read: ASK Property Fund fuels in Rs 340 crores in residentials projects at Pune, Mumbai
Carbon recycling company, LanzaTech Global, has bagged an order from Spray Engineering Devices Ltd (SED). The order is for the development of a carbon recycling facility that will use sugarcane bagasse to produce ethanol and other fuels and chemicals in Uttar Pradesh.
As per the firm, the facility will be the first in India to use LanzaTech’s technology to convert sugarcane bagasse into ethanol. It is a part of SED’s Smart Village initiative.
Also Read: Essar Future Energy signs MoU for bio-fuel project in Gujarat
The Ministry of Housing and Urban Affairs (MoHUA) has given its approval to the proposal for the RRTS (Regional Rapid Transit System) corridor from Delhi to Bawal. The Haryana government approved the RRTS corridor and submitted the proposal to MoHUA.
In phase 1, it will cover the Delhi-Bawal section, while phase 2 will be the Bawal to Behror section in Rajasthan.
Also Read: Noida ,Gurugram, Faridabad RRTS project: DPR finalized by NCRTC
The state government of Punjab has announced fresh auctions for mining sites across the state. Government also notified major reforms to the auction framework under the amended Punjab Minor Mineral Rules.
As per the update, in Phase 1, the government has auctioned 29 new Commercial Mining Sites (CMS) through an open and competitive online bidding process. These are the first auctions in the state in the last 3 years, as the government is aiming for transparency and better revenue through lease.
Also Read: Commercial mining auction: 7 firms win coal blocks
JSW Group's flagship firm, JSW Energy, has plans to develop its first nuclear power plant by 2030. As per the updates from The Economic Times, the firm is assessing large reactor technologies, including 700-megawatt pressurised heavy water reactors (PHWRs) as well as larger 1,000-megawatt options.
JSW will first develop a pilot plant to first understand operations.
Also Read: Maharashtra to likely to get India's first thorium based power plants
The government is planning to develop 7 National waterways in the state of Bihar. This move aims to boost trade and position the state as a major hub for inland water transport. Minister of Rural Development and Transport Shrawan Kumar said the waterways would be developed on the Ganga, Gandak, Kosi, and Sone, with a combined length of 1,187km.
Also Read: Inland Waterways project: Northeast, Assam to get Rs 1,000 crore
28-01-2026Energy sector services provider Deep Industries Ltd has bagged an order from public sector firm GAIL (India) Limited. The order worth Rs 108 crores is for the compression facility at the RT-USAR Plant in Raigad.
The period of execution of the order is 2.4 years (880 days) as per the firm.
Also Read: GAIL plans investment worth Rs 844 crore for expansion of pipeline capacity
