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India cancels 13.7GW of coal fired power proposals in May

India cancels 13.7GW of coal fired power proposals in May

The cancellation of 13.7GW of Indian coal power projects in May 2017, coupled with a record low solar tariff of Rs 2.44 /Unit (0.038USD/kWh), are the strongest indications yet that an energy transformation in India is gaining rapid momentum and global capital markets endorsement.

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Lodha UK raises USD 375 million construction finance

Lodha UK raises USD 375 million construction finance

Lodha UK, the London based development arm of IndiaÂ’s largest real estate developer, Lodha Developers, has raised USD 375 million (GBP 290 million) as construction funding for its Lincoln Square development in London, located adjacent to the London School of Economics (LSE) and close to Covent Garden.

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HCC-HSEPL JV wins Rs 673 crore order in Rajasthan

HCC-HSEPL JV wins Rs 673 crore order in Rajasthan

HCC, as a lead partner in the joint venture with HSEPL has been awarded Rs 672.99 crore contract on EPC basis for the construction of Parwan Gravity Dam by the Water Resources Department, Government of Rajasthan. HCCÂ’s share in the JV is 90% (Rs 605.70 crore).