Yasho Industries Board of Directors to meet on 16 March

Yasho Industries Limited’s Board of Directors will meet on March 16, 2022, to discuss and authorize capital expenditure for a new greenfield project with a capacity of 15,500 metric tonnes per year in…

L&T construction gets new contract from DMRC for Phase-4 of Delhi MRTS

The prestigious Delhi Metro Rail Corporation Limited (DMRC) has awarded L&T Construction’s Heavy Civil Infrastructure business vertical a large contract to design and construct the Underground Metro Project of Phase-IV of the Delhi…

HP Cotton Textile Mills board of directors approves to form subsidiary for PLI scheme

The Board of Directors of HP Cotton Textile Mills Limited has given in-principle approval to establish a wholly owned subsidiary for the production linked incentive (PLI) scheme for textiles and to make investments…

GE Healthcare to launch all-women manufacturing plant in Bengaluru

Wipro GE Healthcare announced that its new Bengaluru greenfield manufacturing site will be run exclusively by women. The firm will hire 33 women at first, with the number rising to 100 as production…

Megha Engineering and Infra to commission 15 oil and gas rigs for ONGC

Megha Engineering and Infrastructures Limited (MEIL), which has received an order from the state-run Oil & Natural Gas Corporation (ONGC) to provide 47 oil and gas rigs, intends to commission roughly 15 of…

Assam’s PWD issues tender for construction of new medical college new medical college

Assam’s Public Works Department (PWD) has issued tenders for the building of a new medical college in Morigaon. Engineering, procurement, and construction (EPC) will be used to carry out the intended construction work,…

Chennai Metro Rail to begin work on Airport-Kilambakkam line next year

Chennai Metro Rail’s expansion project from Airport to Kilambakkam, which would travel through significant southern neighbourhoods including Tambaram, Irumbuliyur, Peerkankaranai, Perungalathur, and Vandalur, is expected to be finished by 2026 at a cost…

Sterlite Power gets Rs 440 crore funding from Tata Cleantech Capital for Nangalbibra project

The Nangalbibra – Bongaigaon Transmission Limited (NBTL) project has reached financial close, according to Sterlite Power Transmission Limited (“Company” or “Sterlite Power”), a prominent private sector power transmission infrastructure developer and solutions provider….

JSW energy signs 240 MW PPA deal with Haryana Discom

The Haryana Power Purchase Centre has inked an electricity purchase agreement with JSW Energy’s Kutehr project for the provision of 240 MW hydro power. The PPA has a 35-year term and was signed…

HG Infra subsidiary gets financial closure for HAM project

HG Raipur Visakhapatnam AP-1 Private Limited, a wholly owned subsidiary of H.G. Infra Engineering Limited (‘HGINFRA’), has received a letter from the National Highways Authority of India (‘NHAI’) requesting notation of financial close…

Ircon achieves breakthrough of tunnel in USBRL project

Ircon International said that it had a breakthrough blast in Tunnel No. 77D, which is 2.65 kilometres long and located in the Ramban District’s Village Bankoot. Previously, on February 15, 2022, the Udhampur-Srinagar-Baramula…

Telangana State Medical Services floats tenders for teaching hospital

The Telangana State Medical Services and Infrastructure Development Corporation (TSMSIDC) has released tenders for the development of a teaching hospital at the Government General Hospital in Mahabubnagar, Telangana. All civil works, including internal…

Uno Minda budgets Rs 400 crore in capital expenditure for next fiscal year

Uno Minda, a diversified auto component maker, has budgeted roughly Rs 400 crore in capital expenditure (capex) for the next fiscal year, owing to increased demand from car manufacturers. According to a top…

TN Chief Minister inaugurates SPIC’s captive solar power plant

At Tuticorin, a captive floating solar power plant constructed up by the agri-nutrient and fertilisers company Southern Petrochemicals Industries Corporation Ltd, better known as SPIC Ltd, started live. Tamil Nadu Chief Minister M…

Balkrishna Industries Ltd starts commercial production of expansion project

The Brown Field Expansion and Debottlenecking Project at Balkrishna Industries Ltd’s BHUJ Plant has begun commercial production ahead of schedule. This will result in a 50,000 MTPA boost in tyre output. The manufacturing…

Pondy Oxides and Chemicals teams up with Ace Green Recycling Inc for new plant in Andhra Pradesh

Pondy Oxides and Chemicals Limited has inked a USD 12 million equipment supply and licence arrangement with Ace Green Recycling Inc., a Delaware Corporation in the United States, to build the world’s largest…