Mumbai based Disha Direct announced their foray into hospitality and leisure industry with an invest plan of Rs. 300 crore. Christened as Greenarth Leisure Pvt. Ltd.,
ArthVeda Fund Management (AVFM), a fund management arm of Dewan Housing Finance Corp. (DHFL), one of the leading mortgage finance companies launched its second real estate fund - ArthVeda Star.
The government has identified 50 railway stations across the country for developing them as world class stations in Public Private Partnership (PPP) mode.
Suzlon Energy gets approval from the South African government to supply wind turbines for the upcoming Cookhouse Wind Energy Facility at Eastern Cape in South Africa. The project will utilise Suzlon’s 2.1 MW turbines.
The Asian Development Bank (ADB) and Reliance Power are joining forces to build India’s largest solar photovoltaic power plant. “India’s solar energy potential is one of the highest in the world and this plant will help kick start large-scale, private-sector solar electricity generation in the country,” said Michael Barrow, Director in ADB’s Private Sector Operations Department.
In an endeavour to strengthen the green building movement in India and promotion of GRIHA with the members and associates of CREDAI, the Association for Development and Research on Sustainable Habitats (ADaRSH) and Confederation of Real Estate Developers’ Associations of India (CREDAI) signed a MoU in New Delhi
Tata Power is developing a 25 MW solar PV power project at Mithapur in Gujarat under the State’s Solar Power Policy 2009, through its subsidiary, Tata Power Renewable Energy Limited, has completed the signing of financing agreements.