Telecom gear maker GX Group has received the commitment of Rs 200-crore capital infusion from the Netherlands government-backed Investment International in the form of grants. The company will use the fund for research and development as well as expansion on manufacturing in India

Technology-based real estate buying platform Blox has raised nearly Rs 100 crore, in a series A funding round - the largest in the proptech sector in India. The company is planning to utilise the funds raised for market expansion, boosting the product portfolio, and building data infrastructure across customers, brokers, and developer segments.

The government of India has invested over Rs 5,000 crore in the SBICAP Ventures-backed SWAMIH Investment Fund I, set up under the Special Window for Affordable and Mid-Income Housing, taking its final close to Rs 15,530 crore. This is amongst the biggest corpus raised by any funds in India in the last few years.

The Maharashtra Electricity Regulatory Commission has given approvals to three power utility firms in Mumbai for procurement of 959 MW of renewable energy for city consumers. In the first order, it allowed BEST to procure 234 MW solar power from Solar Energy Corporation of India (SECI).

The government launched a plan for building a transmission system for evacuating 500 gigawatts (GW) of non-fossil based energy by 2030. The plan provides transmission service providers with investment opportunities of about Rs 2.44 lakh crore.

NTT India has earmarked around $ 2 billion to boost information and communications technology infrastructure in the country over the next three-four years, aiming to tap the rise in data consumption. New data centres, cloud computing, submarine cable landing stations and solar parks are key areas where NTT India's capex is planned

Uttar Pradesh has set a target of Rs 40,000 crore investments in the energy sector to meet an estimated peak demand of 53,000 megawatt (MW) by 2028. The bulk of these investments will be by private sector companies. The state’s peak energy demand stands at 26,000 MW now.

In a major push to generate solar power based electricity in the city, the Chandigarh Renewable Energy and Science & Technology Promotion Society (Crest) will install rooftop solar power stations at seven locations in the city with aggregate capacity of 2250 kWp at Rs 13 crore.

The Government has taken several steps to promote renewable energy, including wind energy, in the country. These, inter alia, include; permitting Foreign Direct Investment (FDI) up to 100 per cent under the automatic route, waiver of Inter State Transmission System (ISTS) charges for inter-State sale of solar and wind power for projects to be commissioned by June 30, 2025, declaration of trajectory for Renewable Purchase Obligation (RPO) up to the year 2030.