L&T bags order from Torrent Energy for pumped storage project

Multinational diversified business firm Larsen & Toubro (L&T) has bagged a large order from Torrent Energy Storage Solutions Pvt Ltd. The order is bagged by L&T's civil infrastructure business vertical, and the work involves the construction of the 3000 MW Saidongar-1 Pumped Storage Project (PSP) in Maharashtra.

The scope of work involves design, engineering, and execution of all civil and hydromechanical jobs associated with the pumped storage construction. As per firm classification, a large order ranges between Rs 2,500 crores and Rs 5,000 crores.

Also Read: L&T bags order related to Muri Ganga River bridge in West Bengal

    7 acres of land acquired by XSIO Logistics Pvt in Mumbai

Logistics firm, XSIO Logistics Pvt, has acquired 7 acres of land parcel adjacent to Chhatrapati Shivaji Maharaj International Airport in Mumbai. The land is acquired for Rs 230 crores, part of a larger logistics project that involves an estimated total investment of Rs 470 crores.

The project is at the pre-construction approval stage, and the plan is to complete the project within three years of commencing construction.

Also Read: XSIO to build logistics park in Nagpur

    Marriott signs new hotel in Patna

Marriott Hotel is set to make its debut in Patna. Hotel management and development company NILE Hospitality has signed its first Marriott-branded hotel in Patna, Bihar. The hotel will have 205 rooms and will be strategically located just 15 minutes from Jay Prakash Narayan International Airport.

The hotel will feature a premium all-day dining restaurant, an outdoor swimming pool, and expansive banqueting and lawn spaces among other facilities.

Also Read: Marriott International marks its 200th property in India with new launch in Jaipur

    SAIL commissions floating solar plant at Bhilai

Government-owned Steel Authority of India (SAIL) has commissioned a floating solar power plant at its Bhilai Steel Plant. The 5 MW solar project is set with the aim to strengthen SAIL’s clean energy portfolio and reducing the carbon footprint of its steel manufacturing operations. 

Under the project, solar panels are strategically placed on water bodies within the plant premises, maximising land use and boosting energy efficiency.

Also Read: NTPC floats tender for floating solar project in Chhattisgarh

    Order worth Rs 375 crores bagged by Pace Digitek

OEM (Original Equipment Manufacturer) supplier, Pace Digitek Limited, has bagged an EPC order worth Rs 375.7 crore from Bondada Engineering Limited. Under the order, the firm will execute Balance of System (BOS) works for a 300 MW AC solar power project. 

As per order, the scope of work involves end-to-end engineering and design, procurement, and EPC services such as manufacturing, supply, erection, installation, testing, and commissioning, along with operations and maintenance support for three years post commissioning. The period of completion of work is 15 months.

Also Read: Order worth Rs 1,159 crore bagged by Pace Digitek

    Mahima Group launches luxury real estate project in Jaipur

Real estate developer Mahima Group has launched a new luxury residential development named Ecovista. The project will offer spacious 3 and 4-BHK luxury Residences and is estimated to cost Rs 200 crores.

As per the developer, 80 percent of the project area is dedicated to green and open spaces. Spread over an 11,700 sq. metre land parcel, the project is located at the Main Tonk Road, Jaipur. 

Also Read: New housing project to be set by Empire Estate Realty

    Andhra Pradesh CM lays foundation for water project in Naravaripalle

The Chief Minister of Andhra Pradesh, N. Chandrababu Naidu, laid the foundation for a water project at Naravaripalle village in the Chandragiri constituency. As per updates, the estimated cost of the project is Rs 126 crores, and it aims to bring Krishna River waters to the Tirupati district, thereby strengthening the region’s irrigation and drinking water supplies.

Under the project, the plan is to draw water from the Handri–Neeva branch canal and flow it to the Kalyani dam. The water would be lifted by about 10 metres at the 53-km point of the canal and diverted to local tanks before reaching the dam.

Also Read: Polavaram irrigation project: Stone filling work of Gap-2 begins

    Kolte-Patil Developers signs agreement to develop residential project in Pune

Real estate builder Kolte-Patil Developers has signed an agreement for a joint development deal in Pune. The agreement is for a ~1.1 million sq. ft. residential project in Bhugaon, Pune that has an expected GDV (Gross Development Value) of Rs 850 crores.

The project is in proximity to markets like Bavdhan and Kothrud and is adjacent to the Mumbai-Pune Expressway as well as Shivaji Nagar railway station. It is also closer to employment hubs as well as the access to advanced social infrastructure comprising schools, hospitals, shopping malls, etc making it a preferred choice for home buyers.

Also Read: Kolte-Patil Developers launches new real estae project in Mumbai

    Bhadla solar project: NTPC Renewable begins commercial supply

Clean energy arm of NTPC,  NTPC Renewable Energy Ltd. (NTPCREL), has begun the commercial supply of 300 MW of electricity from its 500 MW Bhadla solar project in Rajasthan. With this, now the total installed and commercial capacity of the NTPC group will become 87,287 MW and 86,207 MW.

Also Read: NTPC floats tender for floating solar project in Chhattisgarh

    Orders worth Rs 550 crores bagged by MAN Industries

Leading manufacturer of carbon steel line pipes, MAN Industries (India), has bagged new orders worth Rs 550 crores. It is a mix of domestic and international orders and involves the supply of high-quality, large-diameter line pipes for energy and infrastructure projects.

These orders would be executed over the next 6 months. 

Also Read: Order worth Rs 1,700 crore bagged by Man Industries