The 1,200 megawatt (MW) ISTS-connected wind-solar hybrid projects will be set by project developers chosen by the state-run Solar Energy Corporation of India (SECI). The hybrid power developer (HPD) must put up the…
Altigreen, a manufacturer of commercial electric vehicles, increased its manufacturing capacity by investing 80 crore in a new production plant in Malur, Karnataka. Amitabh Saran, the founder and CEO of Altigreen, claims that…
Dr Reddy’s Laboratories CFO ParagAgarwal said that the organisation has set aside around Rs 1,500 crore in capital expenditures for FY23, the majority of which is planned to be used to expand the…
Developer of industrial and logistic parks IndoSpace announced that it will spend Rs 3,000 crore in the storage and logistics sector in Karnataka. With its Grade-A industrial parks already operating in Bommasandra and…
At a capital expense of more than Rs 400 crore, Mangalore Chemicals & Fertilizers Ltd (MCFL) announced that an ammonia energy enhancement project was successfully completed. The Adventz Group company MCFL, a subsidiary…
The launch of the “Chennai 1” hyperscale data centre campus at Sipcot IT Park in Chennai, India, has been announced by AdaniConneX, a joint venture between Adani Enterprises and EdgeConneX. The campus provides…
Engineering company JMC Projects reported receiving new orders totalingRs. 2,277 crore. “JMC Projects (India) Limited (JMC), a leading civil engineering and EPC company, has secured new orders of Rs 2,277 crore,” a company…
A unit for ONGC to be used in the KG Basins has been created by Shapoorji Pallonji Oil & Gas, the sole domestic specialist company in manufacturing floating production storage and offloading units…
As part of its growth aspirations for renewable energy, Adani New Industries Ltd (ANIL) has constructed a wind turbine in Mundra in Gujarat that is taller than the Statue of Unity and has…
The board of directors of SRF has approved projects for setting up of four new plants and capacity enhancement of an existing plant to produce various speciality chemicals at an estimated cost of…
Dhanuka Agritech, an agrochemical company, invested 10 crore to establish a new research and development facility in Palwal, Haryana. The building, which is a part of a six-acre campus, will be accessible to…
Several commercial aircraft engine components will continue to be produced and supplied by Tata Advanced Systems Limited (TASL) to GE Aerospace’s global engine manufacturing facilities. The production deal has been renewed, according to…
The Board of Directors of ShriKeshav Cements and Infra Limited met to discuss the feasibility study that had been conducted by the company in order to increase cement production capacity to 3000 TPD…
SudarshanVenu, managing director of TVS Motor Company Limited, inaugurated the Suprajit Engineering Limited’s facility at Doddaballapur. The purpose of this facility is to commercialise some of the goods created at the Suprajit Technology…
GulshanPolyols Ltd approached the “Department of Food and Public Distribution” (DFPD) under the modified scheme for extending financial assistance to project proponents for improving their ethanol distillation capacity or to establish distilleries for…