Housing and Urban Development Corporation Ltd (Hudco) is in talks with multilateral development banks, including ADB, and institutions to mobilise $1 billion to fund infra projects in the country, its Chairman and Managing Director Sanjay Kulshreshta said. “We are in advanced discussion with KfW (Germany’s state-owned development bank) to raise $200 million,” he told PTI.
BEML Ltd has entered into a quadripartite Memorandum of Understanding (MoU) with Andhra Pradesh Maritime Board (APMB), M/s Delhi metro Rail Corporation (DMRC) & M/s Umeandus Technologies India Pvt. Ltd. (UTIPL) on 14.11.2025 at partnership summit 2025, Vishakhapatnam. The MoU parties have formed an alliance covering the areas of Real Time Automatic Cargo Evacuation System (e-FTS, Enhance Freight Transport System) wherein APMB is the client and DMRC (Lead member), BEML & UTIPL are execution partners for development of pilot project for Real Time Automatic Cargo Evacuation System (e-FTS, Enhance Freight Transport System) at Machilipatnam Port.
NTPC plans to set up nuclear power projects with 700 MW, 1,000 MW and 1,600 MW capacity across various locations in the country, a senior company official said. NTPC is targeting a 30 per cent share (30 GW) of India’s proposed 100 GW nuclear capacity by 2047. Industry estimates indicate that a 1-GW nuclear plant requires an investment of Rs 15,000–20,000 crore and typically takes at least three years from concept to commissioning.