INFRASTRUCTURE Adani Power To Acquire JPVL 24% Stake, UP Thermal Plant For ₹4,194 Cr

Adani Power Ltd, part of the diversified Adani Group with interests across energy, infrastructure and logistics, has signed definitive agreements with Jaiprakash Associates Ltd (JAL) to acquire a 24% stake in Jaiprakash Power Ventures Ltd (JPVL) and a 180-MW thermal power plant in Uttar Pradesh for a total consideration of ₹4,193.59 crore. The acquisition is […]

CW Bureau · May 21, 2026

INFRASTRUCTURE Adani Ports & Logistics To Acquire Jaypee Fertilizers Firm For ₹1,500 Cr

Adani Ports and Logistics Ltd, a logistics and integrated transport infrastructure arm of the Adani Group, has entered into a Share Purchase Agreement with Jaiprakash Associates Ltd (JAL) to acquire 100% shareholding in Jaypee Fertilizers & Industries Ltd (JFIL) for a cash consideration of ₹1,500 crore. JFIL is the holding company of Kanpur Fertilizers and […]

CW Bureau · May 21, 2026

INFRASTRUCTURE Indian Railways Approves ₹993 Cr Arakkonam-Chengalpattu Doubling

Indian Railways has approved the ₹993 crore Arakkonam-Chengalpattu doubling project spanning 68 km under Southern Railway, aimed at easing congestion and strengthening Chennai’s suburban rail network. The project forms part of the key Chennai suburban circular rail corridor connecting Chennai Beach, Tambaram, Chengalpattu and Arakkonam. The rail ministry said the doubling work will improve punctuality, […]

CW Bureau · May 19, 2026

INFRASTRUCTURE Deccan Gold Reports Nickel-Copper-PGE Discovery At Bhalukona Project

Deccan Gold Mines Ltd, India’s only listed gold and critical minerals mining company, has reported encouraging drilling results from its Bhalukona Nickel-Copper-PGE (Platinum Group Elements) Composite Licence in Chhattisgarh, marking a potentially significant development for India’s critical minerals sector. The company said its maiden drilling campaign at Bhalukona has confirmed the presence of a layered […]

CW Bureau · May 19, 2026

INFRASTRUCTURE Adani Group Performs Bhoomi Puja For Bihar’s Rural Eye Care Hospital

Adani Group Chairman Gautam Adani, along with Adani Foundation Chairperson Priti Adani, performed the Bhoomi puja for the ₹150-crore Adani Akhand Jyoti Eye Care Hospital near Patna, envisioned as one of the world’s largest rural eye care ecosystems. The proposed hospital will have the capacity to perform 3.3 lakh eye surgeries annually while training nearly […]

CW Bureau · May 18, 2026

INFRASTRUCTURE Growth Capital: JSW Energy Raises ₹3,150 Cr Via JSW Steel Stake Sale

JSW Energy has divested 2.5 crore equity shares of JSW Steel through a bulk deal on the National Stock Exchange on May 18, 2026, unlocking gross proceeds of ₹3,150 crore. The company said the transaction is part of a strategic liquidity release aimed at funding future growth initiatives and improving return on capital employed (ROCE). […]

CW Bureau · May 18, 2026

INFRASTRUCTURE Tata Power, DGPC Sign MoU To Build Clean Energy Skills Infra In Bhutan

The Tata Power Company and Druk Green Power Corporation (DGPC) have signed a Memorandum of Understanding (MoU) in Thimphu, Bhutan, to establish a comprehensive skill development ecosystem for the clean energy sector. The partnership aims to create a structured training framework focused on building a future-ready workforce to address both immediate and long-term requirements under […]

CW Bureau · May 18, 2026

INFRASTRUCTURE GMR Aero Technic Bags Boeing India Deal For P-8I Aircraft Maintenance

GMR Aero Technic has signed an agreement with Boeing Defence India Pvt Ltd to undertake Phase 56 heavy maintenance checks for the Boeing P-8I maritime patrol aircraft fleet operated by the Indian Navy. Under the agreement, GMR Aero Technic will carry out the maintenance work at its Maintenance, Repair and Overhaul (MRO) facility located within […]

CW Bureau · May 14, 2026

INFRASTRUCTURE Global Shipbuilding Giant HD KSOE Partners India For Thoothukudi Yard

India took a major step towards strengthening its global maritime ambitions with the signing of a landmark tripartite Memorandum of Understanding (MoU) for the development of the country’s first mega greenfield shipyard at Thoothukudi in Tamil Nadu. The agreement was signed between HD Korea Shipbuilding & Offshore Engineering Co., Ltd. (HD KSOE), National Shipbuilding & […]

CW Bureau · May 13, 2026

INFRASTRUCTURE APSEZ Expands Offshore Business Into Europe Via Oceaneering Pact

Adani Ports and Special Economic Zone Ltd (APSEZ), through its marine platform Astro Offshore, has partnered with a US-based engineering and applied technology company Oceaneering International Inc. to pursue specialised offshore and subsea opportunities in Europe, marking a significant step in its expansion into ultra-deepwater operations and international markets. The collaboration supports APSEZ’s strategy to […]

CW Bureau · May 12, 2026

INFRASTRUCTURE Petronet LNG Plans ₹9,000-Cr Capex, Petchem Project Takes Centre Stage

Petronet LNG Ltd is gearing up for a major investment cycle with a planned capital expenditure of around ₹9,000 crore for the current financial year, led largely by its upcoming petrochemical project at Dahej in Gujarat. The company said nearly ₹7,500 crore of the planned capex,  plus or minus 10%,  will be directed towards the […]

CW Bureau · May 12, 2026

INFRASTRUCTURE Deccan Gold Mines Eyes Aug 2026 Launch For Kyrgyzstan Gold Project

Deccan Gold Mines Ltd has said work on its flagship gold project in the Kyrgyz Republic is progressing rapidly, with the company targeting full commercial operations by August 2026. The company said construction activity at the Altyn Tor Gold Project has accelerated significantly following improved weather conditions over the past few weeks. Around 130 Indian […]

CW Bureau · May 10, 2026