Recurrent Energy Secures Project Financing

19 Feb 2024 CW Team

In a groundbreaking development for the renewable energy sector, Recurrent Energy has successfully secured project financing for its upcoming ventures. The company, known for its innovative contributions to the green energy landscape, has achieved a significant milestone with this financial backing.

The secured project financing will propel Recurrent Energy towards the implementation of cutting-edge renewable energy projects. The funding, amounting to millions, reflects a growing confidence in sustainable energy initiatives, marking a positive shift towards cleaner and greener practices in the industry.

This milestone underscores the increasing importance of renewable energy in the global economic landscape. The financial backing not only signifies a significant step for Recurrent Energy but also contributes to the broader narrative of a sustainable future. The project financing is expected to drive advancements in technology, efficiency, and overall capacity, positioning Recurrent Energy as a key player in the renewable energy market.

The successful acquisition of project financing aligns with the global push towards carbon neutrality and sustainable practices. With keywords such as "renewable energy," "project financing," and "sustainable future," this news story highlights the crucial intersection of environmental consciousness and economic viability.

Real Estate

21 May 2025

Kolkata鈥檚 luxury housing market sees price growth amid mixed trends

A new study by Nklusive reveals that Kolkata鈥檚 luxury residential market (Rs 5鈥�10 crore) recorded a 33 per cent year-on-year rise in supply and a 52 per cent increase in sales in calendar year 2024 (CY24). South Kolkata led with 78 per cent of the segment鈥檚 supply. The average price rose by 6 per cent鈥攆rom Rs 17,519 to Rs 18,600 per sq ft鈥攚hile unsold inventory grew by 15 per cent. Monthly absorption improved from 2 to 3 units.In contrast, the ultra-luxury segment (Rs 10 crore and above) experienced a 17 per cent decline in supply and a 30 per cent fall in sales. Central Kolkata acco..

Infrastructure Transport

21 May 2025

New Expressway to Cut Pune-Bengaluru Travel Time by Half

The upcoming Pune-Bengaluru Expressway is expected to significantly improve connectivity and economic opportunities across Maharashtra and Karnataka. This 700-kilometre greenfield, access-controlled highway will cut the travel time between Pune and Bengaluru from 15 hours to just 7 hours, facilitating easier movement for both commuters and businesses. Starting from Bommanal in Karnataka鈥檚 Athani Taluk, the expressway will traverse important districts such as Belagavi, Bagalkot, and Jamakhandi. It will then enter Maharashtra at Kanjle, connect with the proposed Pune Ring Road, and pass throug..

Infrastructure Transport

21 May 2025

Nagpur鈥檚 Koradi Naka to Get Y-Shaped Flyover for Safer, Smoother Traffic

To alleviate traffic congestion and enhance safety at Koradi Naka in Nagpur, a Y-shaped flyover is currently being constructed on National Highway 47. Demolition work has already commenced, with the main construction scheduled to start on June 20, 2025.The project, costing Rs 430.37 billion, involves building a 1,090-meter-long flyover that will connect Farsa, the Mahadula Railway Overbridge (ROB), and Bokhara Road, and will also feature an underpass. The existing structure will be repurposed into a service road to facilitate local traffic.Koradi Naka has been identified as a significant "blac..