Jewar gets on development track with airport project

Following the announcement by the UP government of the developer for the projected international airport in Jewar, companies are hurrying to obtain property in and around Jewar, near Greater Noida. Jewar, a small…

Fund business to be set up in GIFT city by ASK Property

The International Financial Services Centre Authority (IFSCA) has given ASK Property Investment Advisors permission to open a branch office in Gandhinagar’s GIFT City. According to a statement released by GIFT City on Thursday,…

CPWD contract of Rs 5,000 – 7,000 crore bagged by L&T’s construction arm

The Central Public Works Department (CPWD) of the Government of India has awarded Larsen & Tuobro’s (L&T) construction arm, L&T Construction, a contract of Rs 5,000-Rs 7,000 crore for its buildings and factories…

Adani Transmission raises $700 mn

Adani Transmission (ATL), a leading private-sector power transmission and retail distribution company, raised $700 million through formal agreements with eight prominent global lenders, including Mizuho Bank and Standard Chartered Bank, for its under-construction…

BCPL Railway Infra gets construction order

  East Coast Railway (HQ), Electrical has placed an order with BCPL Railway Infrastructure Limited. “Design, supply, erection, modification, testing, and commissioning of 25kV OHE for TALCHER ROAD -ANGUL in Khurda Division of…

New Grain Based Distillery Projects in India – 2021

Premier Alcobev is planning to take up new grain-based distillery unit in Bamra, Sambalpur, Odisha. The project involves setting up new grain-based distillery unit. The estimated cost of the project is Rs.2750 million….

New Projects by Indo Bakels, Navrang Industries, KLJ Polymers, Arogya Multispeciality Hospital and more…

Indian Metals and Ferro Alloys’ New Ferro Chrome Unit Indian Metals and Ferro Alloys is planning to take up a new ferro chrome unit in Kalinga Nagar, Jajpur, Odisha. The project involves setting…

Duburi-Chandikhole section tender floated by NHAI

The National Highways Authority of India (NHAI) has issued an EPC tender for the construction of a new three-lane major bridge across the Brahmani River on NH-200 (new NH-53) in the Duburi-Chandikhole stretch…

In 2022, Indian Metals & Ferro Alloys Ltd will start work on greenfield project

Indian Metals & Ferro Alloys Ltd (IMFA), a ferro chrome maker based in Odisha, is hoping to receive land allocation for its proposed 550 crore greenfield expansion project at Kalinganagar in Odisha by…

In FY22-23, Lumax Group expects to spend Rs 450 crore on capital expenditure

According to a senior source, the Lumax Group, a Gurugram-based pioneer in automotive lighting and gear shifter production, has set aside Rs 450 crore for capital expenditure (capex) in FY22 and FY23. The…

NHAI InvIT to hit on Friday

As part of the government’s long-term intentions to monetise road assets, the National Highways Authority of India (NHAI) will launch its first Infrastructure Investment Trust (InvIT) on October 29. The InvIT seeks to…

Jindal India, Adani, Shirdi Sai & RIL arm lowest bidders for solar PLI scheme

The lowest bids for the government’s Rs 4,500 crore solar manufacturing production linked incentive (PLI) scheme were Jindal India Solar Energy, Shirdi Sai Electricals, Reliance New Energy, and Adani Infrastructure. According to sources,…

Process to acquire land for metro station begins in Patna

The Patna district administration has announced that it will purchase 76 acres of property between the Zero Mile and the Patliputra Interstate Bus Terminal (ISBT) for the Patna metro rail project under Section…

Asahi India Glass Ltd has gives update on its expansion plans

In a meeting conducted on October 27, 2021, the Board of Directors of Asahi India Glass Ltd. approved a feasibility study of expansion potential for Asahi India Glass Ltd. (AIS) over the next…

New Formaldehyde Manufacturing Projects in India – 2021

S.B. Polychem is planning to take up new formaldehyde manufacturing unit in RIICO Industrial Area, Bhiwadi, Alwar, Rajasthan. The project involves setting up up formaldehyde manufacturing unit with capacity 70 MTPD. The estimated…

New Projects by Selico Agro Organics, Sembcorp Energy, Mash Bio-Fuels, Deep Alloys and more…

Grasim Industries’ JSW Steel’s New Colour Coated Steel Facility JSW Steel is planning to take up new colour coated steel facility in IDC, Lassipora, Pulwama, Kashmir. The project involves setting up a colour…