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Avaada Group secures $950 million financing from consortium of global and domestic banks
Avaada Group has achieved financial closure for its Firm and Dispatchable Renewable Energy (FDRE) project in Bikaner, Rajasthan, calling it India’s largest financing transaction in the FDRE segment. The company has also secured debt financing for two 300 MW solar projects in Rajasthan and Gujarat, taking total debt sanctions across the three projects to nearly $950 million.
Vishnusurya Projects and Infra consolidated net profit rises 7.23% in the March 2026 quarter
Sales rise 35.93% to Rs 127.38 crore
Puravankara Bengaluru housing project: Realty firm signs joint development agreement for Rs 1,100 Crore at Doddagubbi
Realty firm Puravankara Ltd has entered into an agreement with a landowner to develop a large housing project in Bengaluru. The project, spread across 11 acres, is expected to generate revenue of Rs 1,100 crore. This development signifies a significant expansion for the company in the Bengaluru real estate market. Puravankara has a substantial land bank and ongoing projects across multiple cities.
KCL Infra Projects standalone net profit rises 2100.00% in the March 2026 quarter
Sales rise 384.76% to Rs 44.21 crore
Adani’s little-known infra arm amasses ₹50,000-cr orderbook, eyes acquisitions
Currently, the promoter-owned private company works with several leading engineering, procurement and construction (EPC) firms as a project management consultant (PMC) to manage projects across Adani Group companies.
IIFCL eyes record loan sanction of ₹75,000cr in FY27
IIFCL aims for a record ₹75,000 crore in loan sanctions this financial year. The government has removed SIFTI restrictions, giving the lender more flexibility. This allows IIFCL to finance larger projects and participate more broadly in infrastructure development. The company expects stronger growth and faster credit expansion through new lending products.
Centre targets nearly 300 GW power generation capacity by next year: Manohar Lal Khattar
India is boosting its power generation capacity, focusing on nuclear energy. The nation aims to reach nearly 300 GW next year. Nuclear power is key for long-term energy security, targeting 100 GW by 2047. Tripura is set to receive urban infrastructure projects worth Rs 1,200 crore. Reforms are crucial for growth.
Inox Clean Energy plans ₹1 trillion investment by 2030 in renewables, solar equipment and battery storage
INOXGFL Group is also targeting global markets with a major battery chemicals push and a new joint venture to develop power projects across Africa, executive director Devansh Jain said.
RPP Infra Projects reports standalone net loss of Rs 16.45 crore in the March 2026 quarter
Sales rise 28.80% to Rs 445.49 crore
RPP Infra Projects reports dismal Q4 performance
RPP Infra Projects reported a consolidated net loss of Rs 13.13 crore for the fourth quarter ended 31 March 2026, from a net profit of Rs 11.67 crore recorded in the corresponding quarter of the previous fiscal year.
Power storage VGF of Rs 15,000 crore in works
India is planning a significant boost for energy storage. A new viability gap funding scheme is in the works for 112 gigawatt-hour projects. This initiative involves an outlay of around ₹15,000 crore. The plan includes battery storage, pumped storage, and new technology systems. This move aims to enhance energy security and grid stability across the nation.
HEC Infra Projects standalone net profit rises 7.58% in the March 2026 quarter
Sales rise 9.10% to Rs 50.73 crore