Jaipur Development Authority to decide land use of greenfield airport

30 Dec 2021 CW Team

The Jaipur Development Authority (JDA) will soon decide the land use of the 2,100 hectare after de-reserving the area, where the greenfield airport in Shivdaspura was to be constructed.

After it was decided that the airport would not be built on the reserved land, the town planning wing began to allot the area as a 鈥榮pecial area鈥� in the Master Plan 2025. The notification for the same will be issued shortly.

Farmers living near Shivdaspura heaved a sigh of relief in 2020 as their land reserved for the airport was released after 16 years. Yet, in absence of land-use change, the owners were not able to reap the advantage. An official told the media that once the land use is decided, it will render a significant relief to farmers of 20 villages who were not able to use their valuable land.

In May last year, the state government decided to free the reserve land as the airport cannot be built in the area. Local landowners have expressed dissatisfaction as work is moving at a slow speed. Ashok Singh, a landowner, told the media that they presented numerous memorandums to the state government, but nothing has been done to date.

For the last few years, the district lease committee (DLC) rates of the area have not surged. Earlier in Lok Sabha, the civil aviation minister had answered that no airport was planned in Shivdaspura. Yet, the land was reserved. The ministry of civil aviation did not approve the bid to build the airport.

Infrastructure Energy

23 May 2025

TPG, Mavco to Acquire Siemens Gamesa鈥檚 India Wind Business

A consortium led by American private equity firm TPG, Mavco Investments, and former JSW Energy CEO Prashant Jain has approached the Competition Commission of India (CCI) to acquire Siemens Gamesa鈥檚 onshore wind business in India and Sri Lanka.The proposed acquisition involves TPG鈥檚 affiliates鈥擯eony Properties Pvt Ltd and TPG REGen SG Pte鈥攁nd Mavco Investments, a Murugappa family-owned company. According to a notice filed with the CCI on 15 May, the acquisition covers Siemens Gamesa Renewable Power鈥檚 manufacturing and assembly of onshore wind turbine generators, along with their opera..

Infrastructure Energy

23 May 2025

Waaree to Acquire Kamath Transformers for Rs 2.93 Bn

Waaree Energies announced on Monday that its board has approved the acquisition of Kamath Transformers Pvt Ltd for approximately Rs 2.93 billion as part of its business expansion strategy. Kamath Transformers is engaged in the manufacturing of transformers.In a regulatory filing, Waaree Energies stated that the acquisition would support the company鈥檚 growth plans and strengthen its position in the energy infrastructure segment.The board also approved the acquisition of Green New Delhi Forever Energy Pvt Ltd by Waaree Forever Energies Pvt Ltd, a wholly owned subsidiary. The shares will be acq..

Infrastructure Energy

23 May 2025

Everest To Source 5.5 MWp Solar Power from Gentari

Everest Industries has announced its plan to procure 5.5 megawatt-peak (MWp) of solar power from Gentari (Amplus Solar) under a group captive model, strengthening its renewable energy commitment in Maharashtra.As part of this initiative, the company will invest approximately Rs 17.6 million in Amplus Ampere, a special purpose vehicle (SPV) of Amplus Solar, by acquiring 1.76 million equity shares at a face value of Rs 10 each. The move is aimed at enabling captive open access for solar energy usage and enhancing Everest Industries' green energy footprint in the state.In FY 2023鈥�24, the compan..