Hindalco Industries Limited, the metals flagship of the Aditya Birla Group, commissioned India’s first greenfield Superfine Precipitated Aluminium Trihydrate (PPT ATH) manufacturing plant on 27 August 2026. The facility is located in Belagavi, Karnataka, and marks domestic production of a specialty alumina material used in fire-safety applications.
The Union Cabinet has approved the Pradhan Mantri Surya Sarovar Yojana (PM-SSY) with a total outlay of ₹5,070 crore to deploy 5,000 MW of Floating Solar Photovoltaic (FSPV) projects integrated with 10,000 MWh of battery energy storage systems across India’s reservoirs and inland water bodies.
The Ministry of New and Renewable Energy (MNRE) announced that it is formulating a dedicated subsidy scheme to establish 30 GW of domestic polysilicon manufacturing capacity by 2030.
The Government of India and the Asian Development Bank (ADB) signed a $230 million loan agreement for the Chennai Climate-Resilient Water Security and Sewerage Project to modernize Chennai’s water supply and wastewater infrastructure.
The Andhra Pradesh government’s policy framework recommending a Deemed Distribution Licence (DDL) for hyperscale AI data centres—including the Google-Adani AI data centre project in Visakhapatnam—has faced severe legal and civil pushback.
Abdolnasser Hemmati, Governor of the Central Bank of Iran, announced that Iran is advancing toward official membership in the BRICS New Development Bank (NDB).
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