COAI and GSMA ink pact to improve mobile telecommunications

  COAI and GSMA, two industry groups, said that they had signed an agreement to improve mobile telecommunications in India and engage on “areas of common interest.” COAI Director-General S P Kochhar and…

Four Metro stations in UP to be completed by 2024

The Uttar Pradesh Metro Rail Corporation (UPMRC) is currently focused on the Metro construction work at Chunniganj and beyond, two months after the Kanpur Metro began commercial operations. Kanpur Metro currently runs on…

Sudarshan Polyfab Private Limited starts commercial production

Sudarshan Polyfab Private Limited, a Yash Management & Satellite Limited company, has successfully started commercial production at its greenfield unit at Divine Industrial Park, Laxmanpura (Dist. Mehsana, Gujrat). Sudarshan Polyfab picked Lakshmanpura, Mehsana…

GSP Crop Science Pvt Ltd to invest Rs 500 crore in Gujarat

GSP Crop Science Pvt Ltd., an agrochemical company, proposes to invest around 500 crore in expanding its technical and intermediates production capacity in Saykha, Gujarat, over the next five years, reducing its reliance…

Adani Green Energy wins LoA from Punjab State Power Corporation for a 150 MW solar power plant

Adani Green Energy said that it has won a Letter of Award (LoA) from Punjab State Power Corporation to build a 150 MW solar power plant. Adani Renewable Energy Holding Fifteen, a wholly-owned…

Kotak Special Situations Fund announces investment of up to Rs 450 crore in Gold Plus Glass Industry Limited

Kotak Special Situations Fund (KSSF), administered by Kotak Investment Advisors Limited (KIAL), announced an investment in Gold Plus Glass Industry Limited of up to Rs 450 crore (Gold Plus). With two manufacturing lines…

GR Infraprojects Ltd announces financial close of greenfield road project

  G R Infraprojects Ltd has announced the financial close of the project “Construction of Four/Six Lane Greenfield Ludhiana-Rupnagar National Highway No. NH-205K from junction with NE-5 Village near Manewal (Ludhiana) to Junction…

BPCL Railway Infra gets order of 66KV TSS at Ballavgarh

Ballavgarh in the Delhi Division of Northern Railway has received an order for a 66KV Traction Substation (TSS) from BCPL Railway Infrastructure Limited. The Company has got a work order for 66KV TSS…

TTD to sign MoU with NTPC for solar projects at Tirumala

The Tirumala Tirupati Devasthanams (TTD) will sign a Memorandum of Understanding (MoU) with NTPC Vidyut Vyapar Nigam Limited (NVVN) to commission and buy solar PV power projects in Tirumala and Tirupati. The TTD…

Two new solar parks to come up in Jaisalmer and Bikaner

Two new solar parks of 1800 MW capacity will be developed in Jaisalmer and Bikaner of the state. In the first phase, 800 MW capacity solar park in Jaisalmer will be developed through…

SJVN capex likely to reach Rs 5,500 crore in 2021-22

  SJVN Ltd has said that its capital expenditure in 2021-22 would likely approach Rs 5,500 crore, up from the objective of Rs 5,000 crore. In 2022-23, the corporation plans to invest Rs…

PGInvIT to acquire stakes worth Rs 644 crore

According to a regulatory filing, infrastructure investment trust PGInvIT would buy shares in different assets of Power Grid Corporation of India Ltd (PGCIL) for Rs 644.15 crore. The Board of Directors of POWERGRID…

MP government to develop biotech park in Neemuch

The government of Madhya Pradesh has suggested developing a biotechnology park in Neemuch at a cost of Rs 50 crore. The park’s goal is to create a platform for start-ups to incubate and…

RMZ Corp and CPPIB announce second joint venture

In a joint venture with Bengaluru-based realty firm RMZ Corp, the Canada Pension Plan Investment Board (CPPIB) would spend Rs 2,650 crore to develop and buy commercial properties in India.   RMZ Corp…

Bhagwat Karad inaugurates BPCL gas distribution network in Aurangabad and Ahmednagar

Union Minister Dr Bhagwat Karad announced that the Bharat Petroleum Corporation Limited (BPCL) has initiated a gas distribution network in Maharashtra’s Aurangabad and Ahmednagar, and that the company will invest 4,000 crore to…

Power Grid Corporation receives LOA for transmission scheme in Rajasthan

Under Tariff Based Competitive Bidding to Establish Transmission System for “System Strengthening Transmission Scheme for evacuation of power from solar energy zones in Rajasthan (8.1GW) under Phase-II -Part-G” on a build, own, operate,…