Yamuna International airport teams up with Tata Projects Ltd

The Yamuna International Airport has teamed up with Tata Projects Ltd. to manage the development and building of a new airport in Noida. At Noida International Airport, the contract involves the construction of…

AG&P Pratham plans to build 11 CNG stations

Over the next eight years, AG&P Pratham, the city-gas distribution arm of Singapore-based (Atlantic Gulf and Pacific) AG&P Group, proposes to build 11 compressed natural gas (CNG) stations and offer piped natural gas…

Cipla announces commercial operation of captive renewable energy

Cipla Limited has announced the commercial operation of a captive renewable energy power plant with extra capacity in Maharashtra and Karnataka. At January 2021, the firm completed a 30 MWp solar plant in…

Ultratech board approves new capital expenditure of Rs 12,886 crore

UltraTech, the country’s largest cement manufacturer, announced that its board of directors has approved a new capital expenditure (capex) plan of Rs 12,886 crore as the company prepares for increased competition in the…

Cipla announces commercial operation of captive renewable

Cipla Limited, or “Cipla,” has announced the commercial operation of a captive renewable energy power plant with extra capacity in Maharashtra and Karnataka. Cipla had completed a 30 MWp solar project at Tuljapur…

The Adani Group is in negotiations with the State Bank of India to obtain roughly Rs 12,000 crore in long-term project loans for the construction of the Ganga Expressway, which would run from Meerut in Uttar Pradesh’s northwest to Prayagraj in the state’s east. According to three persons familiar with the situation, SBI is conducting a road traffic assessment before finalising loan terms. The Uttar Pradesh government awarded Adani Enterprises contracts to develop three portions of the 594-kilometer Ganga Expressway in December. IRB Infrastructure was awarded the fourth segment, which accounts for 80% of the entire project.

The Adani Group is in negotiations with the State Bank of India to obtain roughly Rs 12,000 crore in long-term project loans for the construction of the Ganga Expressway, which would run from…

Auto industry readies Rs 30,000-crore capex for FY23

Vehicle makers and their component partners will spend more this year than in previous years on new capacity creation, new products, and technology development, confident that they have entered a robust demand upcycle….

LJM opens new facility in Chennai

LJM (Lind Jensens Maskinfabrik), a major maker of high-quality hydraulic cylinders based in Denmark, has opened a new facility near Chennai called Oragadam to sell parts to wind energy OEMs. After the facility…

Greenzo to invest Rs 400 crore in electrolyser facility

GreenZo Energy said that it will invest up to Rs 400 crore in a 250 MW electrolyser facility. The firm would also invest Rs 70 crore in R&D for the manufacture of the…

Svitch MotoCorp to invest Rs 100 crore in CSR 762 electric bike project

Svitch MotoCorp, located in Ahmedabad, has announced intentions to invest Rs 100 crore in the CSR 762 electric bike project, which is slated to enter the market this calendar year. According to the…

Assam government opens 70-MW Amguri Solar Park

The Assam government recently opened the 70-megawatt Amguri Solar Park in an effort to enhance the state’s power industry by focusing on renewable energy. Assam Chief Minister Himanta Biswa Sarma inaugurated the 70-megawatt…

MoRTH calls proposals for expansion of Mangalore-Tumkur section

The Ministry of Road Transport and Highways (MoRTH) of the Indian government has solicited proposals for the expansion of the Mangalore-Tumkur section. The project comprises extending the existing chainages of the Mangalore-Tumkur Section…

KDDL board of directors authorises expansion of Dials facility

The Board of Directors of KDDL Limited (“the Company”) discussed and authorised the expansion of the Dials facility in Derabassi, Punjab, during its meeting on Monday, May 30, 2022. The development will increase…

Adani group in talks with SBI to raise Rs 12,000 cr loan

The Adani Group is in negotiations with the State Bank of India to obtain roughly Rs 12,000 crore in long-term project loans for the construction of the Ganga Expressway, which would run from…

Meghmani Finechem Commissions India’s First Epichlorohydrin Plant

The epichlorohydrin (ECH) facility with a capacity of 50,000 TPA has been successfully commissioned by Meghmani Finechem Limited (MFL), a maker of chlor-alkali and its value-added derivatives. Despite a difficult external context, the…

Century Plyboards to triple MDF capacity by FY24

  Century Plyboards plans to increase its MDF capacity to 1,800 cu.mt per day, up from 600 cu.mt per day now, with both greenfield and brownfield projects for about 850 crore. The business…