
Centre Clears Rs 106 Bn J&K Road, Tunnel Push

Rajasthan Invites Bids for 1 GW Battery Storage Roll-out
Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) has launched a request for selection to develop 1 000 MW / 2 000 MWh of standalone battery-energy-storage systems (BESS) at six locations, backed by viability-gap funding from the Union Ministry of Power. The programme earmarks installations at Chattargarh and Bandu (each 200 MW / 400 MWh) and Pugal (100 MW / 400 MWh) in Bikaner district, plus Bhawad (300 MW / 600 MWh), Bap (100 MW / 200 MWh) and Palli (100 MW / 200 MWh) in neighbouring Jodhpur.Under the tender, RVUNL (or its affiliate Rajasthan Urja Vikas and IT Services) will schedule char..

Maharashtra Clears Rs 208 Bn Shaktipeeth Expressway Land
The Maharashtra Cabinet has approved land acquisition worth about Rs 208 billion for the proposed 802-kilometre Shaktipeeth Expressway, which will run from Pavnar in Wardha district to Patradevi on the Goa border. Scheduled to connect twelve districts—Wardha, Yavatmal, Hingoli, Nanded, Parbhani, Beed, Latur, Dharashiv, Solapur, Sangli, Kolhapur and Sindhudurg—the corridor will also link with the planned Konkan Expressway, slashing the journey from Nagpur to Goa from eighteen hours to eight.Conceived as a cultural and religious artery, the highway will knit together major shrines such as th..

Volvo Sells SDLG Stake, Refocuses China Strategy
Volvo Construction Equipment (Volvo CE) will divest its entire 70 per cent holding in Shandong Lingong Construction Machinery (SDLG), transferring the shares to a fund largely owned by SDLG’s minority shareholder, Lingong Group Jinan Heavy Machinery (LGG). The disposal, valued at 8 billion SEK, is expected to complete in the second half of 2025 once regulatory clearances are secured.Explaining the decision, Volvo CE President Melker Jernberg said the 2006 venture had given the Swedish manufacturer vital access to China’s construction-equipment market, yet intensifying competition and the m..