Minda Industries Ltd (MIL) announced that it has formed a joint venture with FRIWO AG of Germany to manufacture and supply various electric vehicle components in India, with a capex of Rs 390 crore anticipated over the next six years.
MIL, Uno Minda Group’s flagship company, will own 50.1 percent of the company, with the balance held by FRIWO AG Germany, a global provider of innovative power supply units and e-drive solutions, according to a regulatory filing.
Download PDF Report According to a BSE filing by Indian Oil, Praj Industries Limited (Praj) and Indian Oil Corporation Limited (IOCL) have signed a term sheet to increase India’s capacity for producing biofuels….
Download PDF Report By the end of 2025, Epsilon Advanced Materials, a domestic manufacturer of materials used in EV batteries, wants to raise its production capacity in the nation from the current 200…
Download PDF Report The HPCL Rajasthan Refinery Ltd. received financing in the amount of Rs 9,187 crore, according to the state-owned Power Finance Corporation (PFC). According to a business release, this is the…
Download PDF Report After commissioning a few additional secondary units designed to upgrade fuels, Hindustan Petroleum Corp Ltd (HPCL), an Indian oil company, hopes to run its 15 million metric tonnes per year…
Download PDF Report In the following three years, JSW Steel plans to almost quadruple its capacity to 50 million tonnes, according to chairman Sajjan Jindal. Speaking at an event hosted by the Bombay…
Download PDF Report The Indian Oil Corporation Limited (IOCL), Chennai, has agreed to invest Rs 54,000 crore in a number of projects in Tamil Nadu over the coming years, including a 9 MMTPA…
Download PDF Report NHAI will receive technical assistance from the state-owned power generator THDCIL as per an agreement, the company announced. According to a release from the business, “THDC India Limited (THDCIL) has…
Download PDF Report The third phase of the currently under construction Noida International Airport in Jewar will begin land acquisition by the Yamuna Motorway Industrial Development Authority (YEIDA) by the end of September…
Download PDF Report Both Mukesh Ambani-led Reliance Industries (RIL) and Gautam Adani-led Adani Total Gas (ATGL) have announced intentions to build 10 compressed biogas (CBG) facilities apiece across India. These facilities will be…
Download PDF Report To accelerate the switch to green fuel, the VO Chidambaranar (VOC) Port in Tamil Nadu and the Deendayal Port in Gujarat are both slated to be developed as hydrogen hubs….