亚博体育官网首页

Maharashtra Unveils Ambitious EV Policy 2025
ECONOMY & POLICY

Maharashtra Unveils Ambitious EV Policy 2025

Maharashtra Unveils Ambitious EV Policy 2025Maharashtra has introduced a comprehensive Electric Vehicle (EV) Policy 2025, effective from April 1, 2025, to March 31, 2030, aiming for 30 per cent EV adoption across all vehicle categories by 2030. The policy offers substantial incentive...

Maharashtra Unveils Ambitious EV Policy 2025Maharashtra has introduced a comprehensive Electric Vehicle (EV) Policy 2025, effective from April 1, 2025, to March 31, 2030, aiming for 30 per cent EV adoption across all vehicle categories by 2030. The policy offers substantial incentives, including up to Rs 200,000 for electric four-wheelers used in transport, Rs 2 million for electric buses, and Rs 150,000 for electric tractors and harvesters. Additional benefits encompass toll exemptions on major expressways like the Mumbai鈥揚une Expressway for five years, and 100 per cent waivers on road tax and registration fees. To bolster infrastructure, the policy mandates EV charging stations every 25 km on highways, requires new residential and commercial buildings to include charging facilities, and provides viability gap funding for public chargers. These measures aim to reduce emissions and promote sustainable transportation in the state.Contact: Government of MaharashtraWebsite: www.maharashtra.gov.in/Email: [email protected] Karnataka, GAIL to Develop 1 GW Renewable EnergyGAIL (India) and the Government of Karnataka have signed a Memorandum of Understanding (MoU) to jointly develop up to 1 GW of renewable energy capacity over the next five years. The Rs 50 billion initiative encompasses ground-mounted, rooftop, and floating solar systems, wind energy, and battery storage solutions. Karnataka will facilitate land acquisition and provide necessary approvals and incentives. This collaboration aligns with GAIL's goal to achieve net-zero emissions by 2035 and aims to bolster Karnataka's position as a green energy hub, contributing to employment generation and infrastructure development.Contact: GAIL India Website: www.gailonline.comTel: +91 11 26182955Email: [email protected]  ReNew Commits Rs 220 billion to Andhra Hybrid ProjectReNew Energy Global has announced a Rs 220 billion investment to establish a 2.8 GW hybrid renewable energy project in Anantapur, Andhra Pradesh. The project will comprise 1.8 GW of solar, 1 GW of wind, and a 2 GWh battery energy storage system, enabling power supply during peak demand hours. The first phase includes 587 MW of solar, 250 MW of wind, and 415 MWh of storage, with power purchase agreements already in place. The initiative aligns with India's goal of achieving 500 GW of non-fossil fuel capacity by 2030 and is expected to create approximately 1,500 jobs. Contact: ReNew EnergyWebsite:  www.renew.comTel: +91 124 489 6670/80Email: [email protected]  Capacit鈥檈 secures Rs 384.72 Crore for High-Speed Rail ProjectSCC- Capacit'e (JV) has received Letter of Acceptance (LOA) from National High Speed Rail Corporation (NHSRCL), for a total contract value of Rs 3.8472 billion, excluding GST. The scope of the contract involves 鈥淒esign and Build Works for Construction of Maintenance cum Technology Centres at six (6) locations in Gujarat for Mumbai- Ahmedabad High Speed Rail Project鈥�. In the aforementioned JV, SSC Infrastructure  holds 60 per cent share as the Lead Partner, while Capacit'e Infraprojects holds a 40 per cent share. Commenting on the same, Rahul Katyal, MD said, 鈥淲e are delighted to be entrusted by NHSRCL, for prestigious Mumbai Ahmedabad High-Speed Rail Project. This signifies an important milestone in our client expansion and strengthens our position as a preferred partner for marquee projects.鈥滳ontact: Capacit'e InfraprojectsWebsite: www.capacite.inTel: +91-22 717 33 717Email: [email protected]  Tamil Nadu鈥檚 Panjapur to Get 3.5 km Cloverleaf FlyoverThe Tamil Nadu government, in collaboration with the National Highways Authority of India (NHAI), plans to construct a 3.5 km, six-lane cloverleaf flyover on the Trichy鈥揗adurai National Highway at Panjapur. Modelled after Chennai's Kathipara flyover, this project aims to alleviate anticipated traffic congestion due to upcoming developments like a Tidel Park and a wholesale market in the area. Land acquisition has been completed, and a detailed project report is underway. Additionally, a four-lane semi-ring road connecting Trichy鈥揗adurai and Trichy鈥揔arur highways is under construction to further improve connectivity.Contact: NHAI Website: https://nhai.gov.in/Tel: +91-11-25074100(Representative Image)(Photo:X) PM Modi Launches Rs 260 billion Projects in RajasthanPrime Minister Narendra Modi inaugurated and laid the foundation for development projects worth over Rs 260 billion in Rajasthan on May 22, 2025. Key initiatives include the redevelopment of 103 Amrit Bharat railway stations across 18 states, the launch of the Bikaner-Mumbai express train, and the inauguration of the Deshnoke station, inspired by local temple architecture. Additionally, Modi dedicated six electrified rail lines spanning over 1,000 km and laid the foundation for the 58-km Churu鈥揝adulpur rail line. Road infrastructure projects encompass three vehicle underpasses and seven national highway upgrades, enhancing connectivity to the India-Pakistan border. The Prime Minister also inaugurated solar and power transmission projects in Bikaner, Didwana Kuchaman, Neemuch, and Fatehgarh, promoting clean energy. Contact: Government of RajasthanWebsite: https://rajasthan.gov.in/Tel: 91-141-2227657(Image source: @GMSRailway/X)Nitish Kumar Launches Urban Projects Worth Rs 10 billion Bihar Chief Minister Nitish Kumar has laid the foundation stone for 1,327 urban infrastructure projects totaling Rs 10 billion under the Chief Minister's Comprehensive Urban Development Scheme (CMCUDS). These initiatives, spanning all 38 districts, aim to enhance urban amenities, including roads, drainage systems, parks, and street lighting. Additionally, Kumar inaugurated an Integrated Control and Command Centre (ICCC) in Patna, connecting nine pumping stations equipped with sensors to automate operations and mitigate monsoon-related waterlogging. These efforts reflect the state's commitment to modernizing urban infrastructure through technological advancements.Contact: Government of BiharWebsite: https://state.bihar.gov.in/Tel: 0612-2215804Email: [email protected] Haryana Advances MSME Growth and Digital GovernanceHaryana has launched comprehensive reforms to bolster its MSME sector and enhance digital governance. Key initiatives include the elimination of 446 outdated compliance requirements and the decriminalisation of 27 minor offenses, simplifying 838 business and 271 citizen-facing compliances. The state is developing 33 industrial parks under the Cluster Plug and Play scheme and mini-industrial parks in all 143 blocks through the PADMA initiative. The Invest Haryana portal now offers 140 services across 29 departments, with plans to integrate AI chatbots and real-time dashboards. Since 2022, clearance times have reduced from 24 to 12 days. The 2022 Startup Policy has resulted in over 8,800 DPIIT-registered startups, with women leading 45 per cent of them. Additionally, 30 Common Facility Centres have been established, with plans for 50 more by 2026.Contact: Directorate of MSME, HaryanaWebsite:  https://msme.haryana.gov.in/Tel: 0172-2580710Email: [email protected] BRO Completes 21 Key Projects in Arunachal PradeshThe Border Roads Organisation (BRO) has completed 21 critical infrastructure projects in Arunachal Pradesh, comprising four strategic roads and 17 bridges across challenging terrains. These developments aim to enhance connectivity in remote border areas, bolster national security, and promote socio-economic growth. Governor K.T. Parnaik lauded the BRO's efforts, highlighting their alignment with the 'Viksit Bharat' vision. The projects were executed under BRO's regional divisions鈥擯rojects Vartak, Arunank, Brahmank, and Udayak鈥攁nd were part of 50 nationwide initiatives inaugurated by Defence Minister Rajnath Singh during BRO's 66th Raising Day celebrations.Contact: Border Roads OrganisationWebsite: https://bro.gov.in/Tel: 011-25686822/ 011-25686002 Assam Signs Rs 229 Billion Project MoUsThe Assam Government has signed Memorandums of Understanding (MoUs) for 20 projects worth Rs 229 billion, advancing proposals from the Advantage Assam 2.0 investment summit held in February 2025. These binding agreements span sectors such as waste management, solar energy, ethanol production, and the Tata Gateway initiative. The investments are expected to generate approximately 6,000 jobs. Chief Minister Himanta Biswa Sarma highlighted a strategic focus on both large infrastructure and labor-intensive sectors like agriculture and dairy, exemplified by Amul's Rs 750 million investment projected to create 20,000 jobs. Major infrastructure projects, including the Guwahati ring road and the Guwahati-Silchar express highway, are also progressing.Contact: Government of AssamWebsite: https://assam.gov.in/Tel: 0361-234567Email: [email protected]

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement