GE power gets contract worth Rs 863.40 crore

Greenko Ka01 IREP awards GE Power India a contract of Rs 863.40 crore. “Design, engineering, model testing, manufacture, shop testing, packing, supply, insurance, transportation and delivery at project site, of complete electro-mechanical package…

Supreme Industries aims to invest Rs 700 crore in capital expenditure

Supreme Industries Ltd aims to invest over Rs. 700 crores in capital expenditure this year, including Rs. 280 crores in carry forward obligations. Capex that has been committed or intended is mostly for:…

Centre plans Rs 51,000 crore push for hydroelectric power in J&K

With a total expenditure of around 51,000 crore, the Centre wants to give hydroelectric power a substantial boost, with an emphasis on improving infrastructure and creating jobs in Jammu and Kashmir. Following the…

Kameng hydro electric plant in Arunachal Pradesh to supply 300 MW to Haryana

In the midst of a sharp surge in electricity demand in Haryana, 300 MW of power from the Kameng Hydro Electric Plant in Arunachal Pradesh will be delivered soon. Haryana will sign a…

TN uses own funds for industrial corridor projects

The Tamilnadu government is utilising its own cash to construct projects since project viability and land acquisition concerns are preventing the development of the state’s three major industrial corridors. The Chennai-Bengaluru Industrial Corridor…

Civil Aviation Ministry picks two locations for second airport in Chennai

The Union government has picked two of the four locations proposed by the Tamil Nadu government for a second airport in Chennai, and is waiting for a response from the State administration. Minister…

19 companies apply for PLI scheme for white goods

The commerce and industry ministry revealed that 19 international and local companies had registered for the production-linked incentive (PLI) scheme for white products, including as air conditioners and LED lights, and had pledged…

Lupin Diagnostics opens Reference Laboratory in Guwahati

Lupin Diagnostics, a division of global pharmaceutical company Lupin Limited (Lupin), has opened its Reference Laboratory in Guwahati, North East India. The expansion is part of Lupin Diagnostics’ overall plan to extend its…

Ami Organics Limited board of directors authorises capital expenditure

Ami Organics Limited stated that its board of directors has authorised a capital expenditure plan of Rs 190 crore to establish a brownfield facility in Ankleshwar, Gujarat, to support the company’s advanced pharmaceutical…

Apollo Hospitals to set up its first facility in Jammu

Officials have announced that Apollo Hospitals would open a medical centre in the Jammu district. Apollo Hospitals is the first hospital group to propose a similar effort after Article 370 was repealed over…

ReNew Power signs 5 PPAs to supply about 1,500 MW solar energy

ReNew Power said that it has signed five power purchase agreements (PPAs) for the provision of approximately 1,500 MW of solar-generated electricity. According to a business release, the company has inked power purchase…

Dastur Energy completes techno-economic feasibility study for IOCL

Dastur Energy has completed the techno-economic feasibility study for the Indian Oil Corporation Limited‘s (IOCL) carbon capture and utilisation project at the Koyali refinery in Gujarat, India, which processes 13.7 million tonnes per…

Gujarat Mineral Development Corporation plans to invest Rs 670 crore in new mines

In FY23, the Gujarat Mineral Development Corporation (GMDC), the country’s largest lignite miner, plans to invest Rs. 670 crore. It plans to spend $200 million on beneficiation units, with the rest going toward…

Jubilant Ingrevia commissions new green ethanol based acetic acid plant

At its production site in Gajraula, Uttar Pradesh, Jubilant Ingrevia Limited has announced the commissioning of its new Green Ethanol-based food-grade Acetic Acid unit. The factory is built to fulfil the highest product…

ZF eyes €1 billion from commercial vehicle business in India

ZF, a German auto component company, wants to return to its previous sales high of €400 million in 2022 for its commercial vehicle division in India, and it has set an ambitious goal…

Vedanta seeks 1,000 acres of free land for semiconductor and display production

Vedanta Ltd is seeking 1,000 acres (405 hectares) of free land from states as well as other incentives for its $20 billion entrance into semiconductor and display production, according to sources. In February,…