Jindal Steel and Power Ltd (JSPL) will establish a rail wheelset manufacturing company at Raigarh in conjunction with GIFLO Steel, a Hungarian steel major. The initial capacity of the wheel factory will be…
Voltas, a Tata group firm, has set aside 350-400 crore in capital expenditure to meet the government’s needs for manufacturing components under the Production Linked Incentive (PLI) Scheme. Voltas, a company that specialises…
Bounce Infinity, an electric mobility company, said that it has collaborated with Bharat Petroleum Corporation Ltd (BPCL) to put up battery swapping infrastructure at BPCL’s gasoline stations. Bounce stated in a statement that…
JK Tyre & Industries has planned Rs 1,100 crore in capital investment for the coming fiscal year, according to the company’s CFO Sanjeev Aggarwal. The tyre manufacturer intends to invest in capacity growth…
Gail India will invest Rs 6,000 crore in renewables over the next three years,a top official said. GAIL India chairman and managing director Manoj Jain told reporters that the investment might increase by…
Bharat Petroleum Corporation Ltd (BPCL) is growing its petrochemical capacity, said an official. “BPCL has planned large investment in petrochemicals projects in the next five years to remain competitive in the dynamic industry…
LSB Industries Inc, a US industrial and agricultural chemicals firm, has announced plans to build two types of electrolysers totaling 30 MW at its Pryor, Oklahoma plant in two phases, with the goal…
Aegis Vopak Terminals will become India’s largest independent storage firm for LPG and chemical tanks. LPG has been approved by the Indian government as a cleaner and safer cooking fuel for Indian families….
MFL, a manufacturer of chlor-alkali and its value-added derivatives, has announced that it has reached a deal with Renew Green Energy Solutions Pvt Ltd to establish a wind-solar hybrid power project. The partnership…
Voltas, a Tata group firm, has set aside 350-400 crore in capital expenditure to meet the government’s needs for manufacturing components under the Production Linked Incentive (PLI) Scheme. Voltas, a company that specialises…
In West Bengal, CIL Navikarniya Urja has issued a request for proposals for a solar PV power facility. The scope of work for a five-year solar PV power plant at Bhojudih Coal Washery,…
“An extremely productive trip,” said a gleeful Telangana industries and information technology minister K.T. Rama Rao (KTR) on his return from the World Economic Forum (WEF) Summit at Davos, where the state attracted…
Hyundai has announced a Rs. 1,400 crore investment in the Telangana Mobility Valley. Telangana Mobility Valley will be home to Hyundai’s proving grounds. Hyundai will be a shareholder and consortia partner in the…
EMPE Diagnostics has announced the opening of a worldwide manufacturing plant in Hyderabad’s Genome Valley, with the goal of producing 2 million tuberculosis (TB) testing kits each month. In Hyderabad, the business will…
Larsen and Toubro (L&T), an infrastructure company, said that it has obtained another large contract order for the Chennai Metro Rail Project. A substantial order, according to the company’s project categorization, is worth…
Indo Count Industries has announced new capital expenditures to expand spinning capacity at its Pranavaditya Spinning Mills subsidiary (PSML). The projected expenditure would be used to add 68,000 spindles to the existing spinning…