INFRASTRUCTURE After L&T Exit, IRFC Signs ₹13,527-Cr Agreement For Hyderabad Metro Rail

Indian Railway Finance Corporation Ltd (IRFC), a Navratna central public sector enterprise under the Ministry of Railways, has signed a ₹13,527 crore term loan agreement with L&T Metro Rail (Hyderabad) Limited (L&TMRHL) to refinance the debt obligations of the Hyderabad Metro Rail project. The agreement marks one of the largest refinancing transactions in India’s urban […]

CW Bureau · May 25, 2026

INFRASTRUCTURE Jupiter Electric Signs Pacts For 110 MWh BESS, Eyes ₹1,000 Cr By FY30

Jupiter Electric Mobility, a subsidiary of Jupiter Wagons Ltd, has signed formal MoUs with renewable energy developers Chalukya Power and Pickrenew Energy, adding 110 MWh of Battery Energy Storage System (BESS) business to its FY27 orderbook. The agreements comprise a mix of utility-scale and commercial & industrial (C&I) deployments, strengthening JEM Energy’s position in India’s […]

CW Bureau · May 25, 2026

INFRASTRUCTURE Deccan Gold Mines Plans Rs 500 Cr War Chest For Global Mining Push

Deccan Gold Mines is preparing for a significantly larger fund raise of up to Rs 500 crore to accelerate multiple mining and critical minerals projects across India and overseas, as the company positions itself to become a major gold and strategic minerals producer by 2030. Rights issue utilisation Speaking at the company’s earnings call, Deccan […]

CW Bureau · May 23, 2026

INFRASTRUCTURE Ramco Cements Says Tamil Nadu Levy Impacts Raw Material Costs

Leading cement manufacturer Ramco Cements Ltd (RCL) said rising fuel, gypsum, diesel and packaging material costs are expected to exert pressure on margins in FY27, even as cement prices have started improving from April 2026. RCL reported nearly fivefold rise in standalone net profit for the March quarter at ₹146 crore, aided by improved cement […]

CW Bureau · May 23, 2026

INFRASTRUCTURE Suzlon Energy Secures 195 MW Repeat Order From Sunsure Energy

Suzlon Energy Ltd, a leading renewable energy solutions provider, has secured a repeat order of 195 MW from Sunsure Energy, taking total sales of its 3 MW platform to nearly 9 GW. The order builds on the ongoing partnership between Suzlon and Sunsure, taking their cumulative partnership to nearly 300 MW across Maharashtra and Karnataka. […]

CW Bureau · May 22, 2026

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