Simarpreet Singh, Executive Director and Chief Executive Officer, Hartek Group, links the contracts spanning 66 kV to 765 kV to rising renewable and industrial power demand
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Grid Infrastructure Momentum Builds as Hartek Secures ₹735 Crore Substation Orders Across Nine States
Power transmission infrastructure expansion continues across India, with Hartek Group announcing cumulative substation and transmission orders worth ₹735 crore through its Power Systems business unit.
The scope of work includes substation development and associated transmission infrastructure designed to support regional and interstate power evacuation. These projects are expected to contribute to grid stability and strengthen transmission capacity in high-demand corridors.
The order wins reinforce Hartek’s presence in high-voltage engineering and execution, with expertise spanning substations, switchyards, and protection systems across multiple voltage classes. The milestone also aligns with the company’s recent strategic expansion into integrated solar-plus-storage solutions, including grid-synchronised Battery Energy Storage Systems.
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Solar Capacity of 69.51 MWp Takes Shape Across Two States Through Bondada Engineering Projects
Rear Admiral R Sreenivas, VSM Retired, Chief Executive Officer of Bondada Group, explains how coordinated execution across Maharashtra and Tamil Nadu supported recent solar project outcomes
Solar infrastructure activity spanning Maharashtra and Tamil Nadu moved into an operational phase during January 2026 through project execution undertaken by Bondada Engineering Limited, contributing a combined solar capacity of 69.51 MWp across multiple location.
The projects were delivered for a mix of public and private sector clients, including Paradigm IT, MAHAGENCO, and NLC India Limited. Work was carried out at several sites in Maharashtra, including Hingoli, Achalpur, Bhusawal, and Vajiapur, alongside project execution at Neyveli in Tamil Nadu. The spread of locations reflected a period of parallel activity across geographically distinct regions.Project progress during this phase was characterised by coordinated sequencing of site activities and closer alignment between engineering, procurement, and construction teams. Multiple sites advanced simultaneously under defined operational controls, allowing schedules to be maintained while addressing location specific requirements.
Commenting on the execution phase, R Sreenivas, Chief Executive Officer of Bondada Group, said the outcomes demonstrated how structured planning and delivery oversight support scale across dispersed sites. He noted that managing several locations in parallel requires disciplined project management and maturing internal processes, particularly as renewable energy infrastructure expands across states.“The recent execution phase reflects the strength of our planning and delivery teams and our ability to coordinate work across multiple locations within defined timelines. As renewable energy deployment continues to expand, disciplined execution and operational governance remain central to sustaining scale and consistency,” he said.
The completed capacity adds to the growing base of utility scale solar infrastructure supporting power generation in Maharashtra and Tamil Nadu. The projects align with broader national objectives focused on expanding renewable energy capacity and supporting India’s transition toward cleaner power systems.Bondada Engineering Limited continues to work across renewable energy segments with an emphasis on steady execution, compliance, and long term value creation, as infrastructure development progresses across diverse regional markets.
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Axis Bank Reorients MSME Credit Around Collateral Led Liquidity
Bipin Saraf, Group Executive and Head Bharat Banking at Axis Bank, shares how secured overdrafts are reshaping small business financing
As access to timely working capital remains a critical challenge for India’s Micro, Small, and Medium Enterprises, banks are increasingly recalibrating credit strategies to balance speed, risk management, and borrower flexibility. Within this evolving landscape, Axis Bank has introduced a secured overdraft facility for MSMEs that enables businesses to unlock liquidity against gold assets while maintaining operational continuity.
The gold backed overdraft facility is available to individual entrepreneurs and sole proprietors, including both existing and new to bank customers. It is operational across more than 3,300 Axis Bank branches enabled for gold lending, offering widespread access to credit for small businesses across urban and semi urban markets.Eligible borrowers can access same day over the counter disbursement, with funds credited directly to their bank accounts. Loan amounts range from ₹50,000 to ₹1 crore, subject to eligibility criteria and internal policies. Structured as an overdraft, the facility requires borrowers to service only monthly interest, allowing greater flexibility in managing cash flows during business cycles.
The documentation process has been kept limited, with requirements restricted to KYC, Udyam Registration or Assist Certificate, and either income tax returns or GST registration. Loans are extended against gold jewellery, enabling faster credit access without reliance on unsecured borrowing or lengthy approval processes.A defining feature of the facility is a loan to value of up to 82 percent, which is higher than standard market offerings while remaining aligned with regulatory norms. According to the bank, this higher eligibility is supported by disciplined underwriting practices, robust risk management frameworks, and stringent gold valuation and collateral monitoring systems. These controls are intended to ensure portfolio quality while expanding credit availability.
Commenting on the approach to MSME lending, Bipin Saraf, Group Executive and Head Bharat Banking at Axis Bank, said, “Small businesses are central to India’s economic momentum, yet timely access to working capital remains a persistent challenge. By combining secured lending with speed and flexibility, we are enabling MSMEs to meet their business needs without disruption. Our focus remains on extending credit within prudent limits while maintaining strong risk governance.”The offering aligns with broader trends in India’s credit ecosystem, where secured lending and MSME financing are emerging as key growth drivers. Rising gold prices, alongside the need for short tenure and predictable working capital solutions, have increased the relevance of collateral backed credit for small businesses seeking liquidity without long term balance sheet strain.
Through this initiative, Axis Bank aims to strengthen its MSME portfolio by offering credit solutions that respond to changing business needs while aligning with evolving credit market dynamics.At Prittle PrattleNews, featuring you virtuously, we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Instagram, and YouTube for more stories that matter.
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Superb Realty Places Indoor Health at the Centre of Office Development in Mumbai
Shilpin Tater, Managing Director, Superb Realty, discusses how air quality concerns are reshaping design priorities for modern workplaces
As air quality levels in Mumbai continue to remain under pressure, the way office buildings are planned and evaluated is undergoing a quiet but meaningful transformation. Increasingly, occupiers are looking beyond conventional parameters such as location, façade, or amenity lists, and focusing instead on how workspaces support health, efficiency, and long term operational performance in dense urban condition.
Against this backdrop, Superb Realty has introduced Superb Altura, its flagship mixed use commercial development located at the Amar Mahal junction in the Chembur Ghatkopar corridor. Conceived as a Grade A office tower, the project reflects a development approach where indoor health, system intelligence, and resilience are treated as core design considerations rather than supplementary features.Unlike traditional office developments built around static specifications, the project integrates advanced building systems that continuously monitor and manage indoor environments. Energy usage, indoor air quality, HVAC performance, access control, and safety systems operate within a unified digital framework, allowing the building to adapt dynamically to changing external and internal conditions.
With indoor air quality increasingly becoming a priority for corporate decision makers, the development enables real time tracking of key air parameters, system driven alerts, and automated optimisation to support healthier work environments. Intelligent controls allow ventilation, temperature, and lighting to adjust in response to occupancy patterns and ambient conditions, balancing employee wellbeing with operational efficiency.The project has been designed with the objective of maintaining consistently low indoor AQI levels, setting a higher benchmark for healthy workspaces in high density urban markets.
Commenting on the evolving expectations from commercial real estate, Shilpin Tater, Managing Director of Superb Realty, said, “Poor air quality is no longer a temporary or seasonal concern. It has become a permanent part of urban living. For developers today, the responsibility extends beyond constructing offices to creating environments that can actively support health, adapt over time, and perform reliably throughout the asset’s lifecycle.”From an operational standpoint, the integrated systems at Superb Altura are expected to deliver 15 to 25 percent energy optimisation through continuous performance monitoring and automation. Predictive maintenance capabilities are also designed to reduce unplanned downtime by up to 30 percent, supporting stronger asset reliability and long term efficiency.
The development features large and efficient floor plates, three side open frontage, and ample daylight penetration. These are complemented by terrace lounges, breakout zones, and select balcony offices. A mixed use planning approach incorporating curated retail and food and beverage offerings is intended to enhance daily user experience while supporting long term commercial viability.From an investment perspective, the project’s scalable and adaptable systems are designed to remain aligned with evolving sustainability benchmarks, regulatory frameworks, and occupier expectations, helping mitigate future retrofit risk and support value preservation.
With GRIHA aligned sustainability measures including solar power for common areas, rainwater harvesting, wastewater recycling, and energy efficient systems, Superb Altura reflects Superb Realty’s focus on performance led ESG outcomes grounded in measurable impact rather than checklist compliance.As Mumbai continues to navigate complex urban challenges, the project signals a broader shift in office development where buildings are expected to actively contribute to health, efficiency, and resilience over the long term.
At Prittle PrattleNews, featuring you virtuously, we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Instagram, and YouTube for more stories that matter.
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From Capital Markets to Client Growth, Religare Broking Sets Its Leadership Direction
Vijay Kumar Goel, Managing Director, Religare Broking Limited, takes charge as the firm sharpens its focus on scaling its broking business and expanding wealth distribution
Religare Broking Limited has announced a leadership transition with Vijay Kumar Goel assuming charge as Managing Director, as the firm intensifies its focus on strengthening its core broking business and expanding wealth product distribution. The move reflects the company’s strategic emphasis on growth, client engagement, and evolving market opportunities within India’s capital markets
In his role as Managing Director, Goel will be responsible for driving Religare Broking’s growth agenda, strengthening client relationships, and enhancing the firm’s digital and research capabilities in response to changing investor needs and market dynamics.A national rank holder Chartered Accountant and qualified Cost Accountant, Goel brings over three decades of experience across the banking and financial services sector. His professional background spans broking, retail NBFC operations, asset management, investment and insurance products distribution, private wealth management, and affordable home finance.
He spent more than 14 years with the Motilal Oswal Group, where he held leadership positions including Managing Director and Chief Executive Officer across its broking and distribution, private wealth management, and home finance businesses at various stages of growth. Prior to this, he worked with the Aditya Birla Group for over 11 years across multiple financial services businesses, having begun his career in 1994.Before joining Religare Broking, Goel was self employed as an Executive Coach and Business Growth Consultant, advising financial services organisations and mentoring senior leadership teams on growth and transformation initiatives.
Commenting on the appointment, Indranil Choudhury, Group Chief Human Resources Officer, Religare Enterprises Limited, said, “Vijay brings a strong blend of market understanding, proven execution capability, and leadership experience. His appointment reinforces our commitment to strengthening Religare’s core broking business and wealth distribution business, while continuing to enhance customer centricity and technology led capabilities. We believe his leadership will play a key role in the company’s next phase of growth.”Sharing his perspective on joining the organisation, Vijay Kumar Goel said, “India’s capital markets are witnessing structural growth driven by rising retail participation, expanding investment products, and increasing digitisation. Religare Broking has a strong platform and legacy, and I look forward to building on this foundation by strengthening our core broking and product proposition, deepening client relationships, and leveraging technology to deliver differentiated and scalable growth.”
Religare Broking Limited is a wholly owned subsidiary of Religare Enterprises Limited and operates as a full service broking firm with a nationwide presence across more than 400 cities, serving over one million customers across India.At Prittle PrattleNews, featuring you virtuously, we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Instagram, and YouTube for more stories that matter.