SJVN bags 200 MW solar project in Maharashtra

SJVN Ltd took part in the Maharashtra State Electricity Distribution Company Limited (“MSEDCL”) tariff-based competitive bidding procedure and won the full stated capacity of a 200 MW solar project at a price of…

Ahluwalia Contracts bags contract to construct IISc Medical School Foundation

IISc Medical School Foundation, Bangalore has given Ahluwalia Contracts (India) Limited a fresh order of Rs. 220 crore to build the IISc Medical School in Bangalore. The total amount of orders received so…

August 10 set as deadline for tenders of Multi-modal Logistics Park in Chennai

The deadline for bids for the projected Multi-Modal Logistics Park (MMLP) in Chennai is expected to be August 10. The bids will soon be assessed, and later this month the first MMLP under…

iD Fresh Food expands brew assembly hub in Haryana

iD Fresh Food is expanding its idli-dosa brew assembly bulb in Haryana in an effort to boost its reach across all of India. The light source will enable the organisation to increase its…

Vedanta chairman Agarwal speaks about future of Thoothukudi Sterlite plant

The $30 billion Vedanta Group chairman, Anil Agarwal, was in Bengaluru to speak at an IIM alumni event and to meet with Karnataka Chief Minister Basavaraj Bommai. The later meeting lasted an hour…

Allcargo opens a new warehouse at Hosur

Allcargo Group, has opened a Grade A storage facility in Hosur, Tamiln adu. Modern warehousing facility with a 1.10 lakh square foot footprint has been used to manage the consolidation and distribution service…

Uttar Pradesh to have five international airports: Scindia

With the addition of 63 air lines, Uttar Pradesh will now have 108 new routes, bringing the total number of new routes for the state under the Centre’s regional connectivity programme. Following the…

EIL signs MoU with German Company for new projects

The board of directors of Engineers India Limited (EIL) authorised a strategic cooperation with DEEP.KBB GmbH, Germany, for salt cavern projects during its meeting held recently. The alliance will cooperate to provide basic…

Engineers India Limited gets orders worth Rs 154 crore

In the first quarter of FY2022-23, Engineers India Limited (EIL) received orders from Hindustan Petroleum Corporation Limited (HPCL), Oil India Ltd. (OIL), Gujarat State Petronet Ltd. (GSPL), Indian Financial Technology and Allied Services…

External Commercial Borrowings – August 2022 – Financial Services

Borrowing Company : Fullerton India Credit Co. Ltd. Economic / Industrial Activity : Financial service activities, except insurance and pension funding Loan Amount in USD : 35,00,00,000 Purpose of ECB loan : On-lending/Sub-lending….

External Commercial Borrowings – August 2022 – Energy & Utilities Projects

Borrowing Company : Elephant Energy Private Limited Economic / Industrial Activity : Electricity, gas, steam and air conditioning supply Loan Amount in USD : 10,00,000 Purpose of ECB loan : Local Sourcing of…

External Commercial Borrowings – August 2022 – Education Projects

Borrowing Company : Downdog India Private Limited Economic / Industrial Activity : Education Loan Amount in USD : 2,52,834 Purpose of ECB loan : Working Capital Loan Tenure : 5 years 10months Lender…

External Commercial Borrowings – August 2022 – Software Consultancy

Borrowing Company : SNFL Cloudtech India Private Limited Economic / Industrial Activity : Computer programming, consultancy and related activities Loan Amount in USD : 50,00,000 Purpose of ECB loan : Local Sourcing of…

External Commercial Borrowings – August 2022 – Air Transport

Borrowing Company : Tata Sia Airlines Limited Economic / Industrial Activity : Air transport Loan Amount in USD : 3,60,00,000 Purpose of ECB loan : Import of Capital Goods Loan Tenure : 12…

New Projects by Enveda Therapeutics India, Bharat Oman Refineries, Glensky Spirits,

Enveda Therapeutics India’s New Pharmaceutical Formulation Unit Enveda Therapeutics India is planning to take up new pharmaceutical formulation unit in Lalgadimalakpet, Shamirpet, Medchal-Malkajgiri, Telangana. The project involves establishment of pharmaceutical formulation unit of…

External Commercial Borrowings – August 2022 – Hospitality

Borrowing Company : AHS Hospitality India Private Limited Economic / Industrial Activity : Accommodation Loan Amount in USD : 1,20,000 Purpose of ECB loan  : Working Capital Loan Tenure : 8 years 11…