Quantron AG and Electromin enterinto strategic partnership

A strategic partnership has been established between Quantron AG and Electromin, a turnkey e-mobility solutions provider wholly owned by Saudi Arabia’s Petromin Corporation. Commenting on the partnership, KalyanaSivagnanam, Group CEO of Petromin said:…

CenturyPly to invest in particle board unitin TN at an investment of Rs 550 crore

Century Plyboards (India) Ltd proposes to invest around 550 crore in the construction of a new particle board manufacturing facility in Tamil Nadu. By FY25, it hopes to increase capacity by 3,60,000 cubic…

First phase of Zuaribridge almost complete

The eight-lane, cable-stayed project’s first phase, which is referred to be India’s widest bridge, is virtually finished, according to Dilip Buildcon Limited, the company building the new Zuari bridge. The first phase, which…

Boeing to invest $200 million to strengthen India’s R&D team Boeing to invest $200 million tostrengthen India’s R&D team

With a $200 million, 43-acre wholly-owned engineering and technoolgy campus in Bengaluru, US defence and aviation major Boeing has been concentrating on enhancing the capabilities of its R&D team in India. In terms…

BASF and G-Philos Intensify Cooperationon Stationary Storage Systems

A sales and marketing agreement for NAS batteries (sodium-sulfur stationary batteries) for P2G projects, power grid and microgrid applications was signed by G-Philos, Korea’s leader in power-to-gas (P2G) technology, and BASF Stationary Energy…

Wartsila to supply a gas fuelled12.5 MW captive power plant under EPC contract

TamilnaduPetroproducts Ltd. (TPL) in Chennai will get a gas-fueled 15.5 MW captive power plant from Wartsila as part of an engineering, procurement, and construction contract as well as a five-year operation and maintenance…

Sona Comstar to invest up toRs 1,000 crore to increase capacity

Sona BLW Precision Forgings Ltd Group CFO RohitNanda, said that the auto component manufacturer expects to invest up to Rs 1,000 crore by FY25 to expand up capacity, mostly for EV market. The…

Siemens sets new production facility in Aurangabad

To meet the rising demand in India and around the world, Siemens Limited built a cutting-edge facility in Aurangabad. 200 or more bogies will be delivered by the factory to fulfil an export…

Tata Power Renewable Energy to establish 150 MW solar project in Solapur

Tata Power Renewable Energy said it has received a ‘letter of award’ to set up a 150 MW solar project in Solapur, Maharashtra. The Maharashtra State Electricity Distribution Corporation Ltd (MSEDCL) granted Tata…

ESR inks pact with Karnataka govt to invest Rs 2,500 crore

The ESR Group intends to spend Rs 2,500 crore in Karnataka to build data centres, urban distribution centres, and industrial and logistics parks. According to a statement from the corporation, it has inked…

GHCL plans investment of Rs 1,160 crore-Rs 1,370 crore

GHCL is planning a Capex of Rs 1,160 crore to Rs 1,370 crore for financial year 2022-24, and of this majority will be utilised for the soda ash greenfield project. S. Jalan, Managing…

Tata Chemicals plans Rs 1,050 crore investment

NandakumarTirumalai, Chief Financial Officer of Tata Chemicals Limited said that the business spent roughly 304 crore in capex during the second quarter of the current year, and approximately 1,050 crore will be invested…

Celebi Delhi cargo terminal to beupgraded at a cost of Rs 150 crore

Celebi Delhi Cargo Terminal Management India Pvt Ltd plans to invest Rs 150 crore to upgrade infrastructure at its facility in the national capital. The business, which is a subsidiary of Celebi Aviation,…

TN CM Stalin launches advanced manufacturing centres at Rs 392 crore

At the convocation of Industries 4.0 held at TIDEL park at Taramani in Chennai, Chief Minister M K Stalin officially opened two cutting-edge manufacturing facilities to support and boost the growth of the…

Arunachal Pradesh’s greenfield Donyi Polo Airport to be environmental friendly

Arunachal Pradesh’s new Donyi Polo airport, which is scheduled to be inaugurated by Prime Minister NarendraModi later this month will have a singular architectural masterpiece that serves as a model for a well-designed,…

Thiruvananthapuram ring road project gathers speed

Due to the Ministry of Road Transport and Highways’ recent 3A notification, the land acquisition process for the projected Outer Ring Road (ORR) project surrounding Thiruvananthapuram, Kerala’s capital and a coastal city famous…