Newsmakers
01 May 2025
2 Min Read
CW Team
Toward Transparent Governance
Sanjeev Jaiswal, IAS, Vice President and Chief Executive Officer of MHADA, recently reviewed the progress of major redevelopment projects like Abhyudayanagar, Gandhinagar, and Patra Chawl under the 100-day action plan. He directed the initiation of tenders for Bandra Reclamation, Adarsh Nagar, and Worli colonies. To boost transparency and reduce RTI requests, MHADA will upload over 15 crore official documents online, while safeguarding sensitive information. He announced that eligibility for over one lakh mill workers under the Girni Kamgar scheme has been finalised. Under his leadership, MHADA is advancing transparent governance, efficient housing delivery, and better public service across Maharashtra.
Powering the East
Sharad Mahendra, Joint Managing Director at JSW Energy, is steering the company鈥檚 largest greenfield investment鈥� a Rs 160 billion, 1,600 MW ultra-supercritical thermal power plant in Salboni, West Bengal. The project marks JSW鈥檚 entry into eastern India and is among the most cost-efficient in the country, while creating thousands of jobs and boosting regional industrialisation.
Infrastructure Push for Mmr
Harsh Baweja, Director (Finance), REC, formalised a landmark `Rs 1 trillion MoU with MMRDA to finance infrastructure in the Mumbai Metropolitan Region. Signed during IGF Mumbai NXT 25, the commitment underscores REC鈥檚 pivotal role in supporting urban mobility, housing, and essential infrastructure over the next five years.
Delivering India鈥檚 Largest Ipp Wind Order
Kailash Tarachandani, Group CEO 鈥� Renewables Business, Inox Wind, announced the receipt of a 990 MW turnkey wind project order from Purvah Green, a CESC subsidiary. The project, spread across multiple locations, will begin phased commissioning in FY26 and marks a significant milestone, further deepening the company鈥檚 relationship with its esteemed customer.
Toward Transparent GovernanceSanjeev Jaiswal, IAS, Vice President and Chief Executive Officer of MHADA, recently reviewed the progress of major redevelopment projects like Abhyudayanagar, Gandhinagar, and Patra Chawl under the 100-day action plan. He directed the initiation of tenders for Bandra Reclamation, Adarsh Nagar, and Worli colonies. To boost transparency and reduce RTI requests, MHADA will upload over 15 crore official documents online, while safeguarding sensitive information. He announced that eligibility for over one lakh mill workers under the Girni Kamgar scheme has been finalised. Under his leadership, MHADA is advancing transparent governance, efficient housing delivery, and better public service across Maharashtra.Powering the East Sharad Mahendra, Joint Managing Director at JSW Energy, is steering the company鈥檚 largest greenfield investment鈥� a Rs 160 billion, 1,600 MW ultra-supercritical thermal power plant in Salboni, West Bengal. The project marks JSW鈥檚 entry into eastern India and is among the most cost-efficient in the country, while creating thousands of jobs and boosting regional industrialisation.Infrastructure Push for Mmr Harsh Baweja, Director (Finance), REC, formalised a landmark `Rs 1 trillion MoU with MMRDA to finance infrastructure in the Mumbai Metropolitan Region. Signed during IGF Mumbai NXT 25, the commitment underscores REC鈥檚 pivotal role in supporting urban mobility, housing, and essential infrastructure over the next five years.Delivering India鈥檚 Largest Ipp Wind Order Kailash Tarachandani, Group CEO 鈥� Renewables Business, Inox Wind, announced the receipt of a 990 MW turnkey wind project order from Purvah Green, a CESC subsidiary. The project, spread across multiple locations, will begin phased commissioning in FY26 and marks a significant milestone, further deepening the company鈥檚 relationship with its esteemed customer.
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Dassault To Build Falcon Jets In India With Reliance
Reliance Infrastructure Ltd鈥檚 subsidiary, Reliance Aerostructure, has signed an agreement with France鈥檚 Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a 鈥渟ymbol of India鈥檚 technological and manufacturing strength鈥�, adding that it aims..
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INDEA Lays Foundation for India鈥檚 First Auto Design School
The Indian School for Design of Automobiles (INDEA), the country鈥檚 first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India鈥檚 transition from a cost-driven to a quality-led a..
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Karnataka Launches Global Innovation Hub at Airport City
The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India鈥檚 innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..
