Praveg Launches Eco-Luxury Resort Kachigam in Daman

22 May 2025 CW Team

Praveg Limited has launched Praveg Resort Kachigam, an eco-luxury island retreat across four islands in Kachigam, Daman. The resort spans 89,500 square metres and features 50 sustainable luxury cottages surrounded by a serene lake and lush greenery.

Designed for leisure travellers, destination weddings, and corporate events, the resort offers numerous amenities including a children鈥檚 play area, gym, swimming pool, restaurant with lakeside views, spa and wellness centre, and vibrant party zones such as Club Martini鈥檢 and a dance floor.

A key highlight is its wedding and event infrastructure featuring an elegant open lawn and scenic amphitheatre with a capacity of 150 to 200 guests, offering a perfect blend of intimacy and grandeur.

This new resort increases Praveg鈥檚 total room count in Daman to 118, complementing its existing properties Lighthouse Beach Resort and Jampore Resort. Praveg Resort Kachigam is open for bookings nationwide and internationally.

Praveg Limited, with 17 properties, focuses on eco-conscious luxury hospitality at culturally and ecologically significant locations, combining premium quality with preservation of delicate ecosystems.

Source:Praveg Limited Press Release

Infrastructure Energy

22 May 2025

Gujarat Gas Reports Rs 5,240 Mn EBITDA and Rs 42k Mn Revenue

Gujarat Gas Limited announced its financial results for the fourth quarter and full fiscal year ending 31 March 2025. The company achieved an EBITDA of Rs 5,240 million in Q4, up 19 per cent compared to the previous quarter. Revenue from operations stood at Rs 42,890 million for the quarter.Profit after tax (PAT) increased 30 per cent quarter-on-quarter to Rs 2,870 million. The company recorded its highest compressed natural gas (CNG) volume at 3.22 million standard cubic metres per day (mmscmd) during the quarter, representing a 3 per cent increase from Q3 FY25. However, annual CNG volume dec..

Infrastructure Energy

22 May 2025

Premier Energies and Nuevosol Form JV for Aluminium Frames

Premier Energies Limited, an integrated solar cell and module manufacturer, has entered into a joint venture with Nuevosol Energy Private Limited, a Hyderabad-based manufacturer of solar photovoltaic mounting structures. Premier Energies will hold the majority stake in this strategic partnership.The joint venture plans to establish a 36,000 metric tonnes per year aluminium extrusion and anodising facility in Seetharampuram, Telangana, to support Premier Energies鈥� solar manufacturing operations. Commercial operations are expected to begin in fiscal year 2027.This partnership aims to enhance q..

Real Estate

22 May 2025

DLF Reports Rs 43,570 Mn Net Profit and Rs 2,12,230 Mn Sales

DLF Limited announced its consolidated financial results for the fourth quarter and full fiscal year ending 31 March 2025. The company reported a net profit of Rs 12,680 million for Q4, a year-on-year growth of 37 per cent. For the full fiscal year, net profit rose 59 per cent to Rs 43,570 million.Consolidated revenue stood at Rs 33,480 million for Q4 with gross margins of 47 per cent and earnings before interest, tax, depreciation and amortisation (EBITDA) of Rs 11,980 million. For FY25, revenue was Rs 89,960 million, gross margins were 48 per cent, and EBITDA totalled Rs 31,110 million.DLF鈥..