Uttar Pradesh government announces concessions for eight mega projects

In accordance with the Uttar Pradesh Industrial Investment Policy, the Uttar Pradesh government has allocated more than Rs 146 crore for reimbursement of the first installment of concessions to eight megaprojects. The large…

Medical service corporation in hunt ofland for setting up warehouse in Kozhikode

It is difficult for the medical service corporation to secure land in Kozhikode to build a warehouse to store pharmaceuticals. Despite having received Rs 5 crore for the project in 2012, the corporation…

Two major companies envisage to collaborate in Renewable Energy field

HPCL Mittal Energy Ltd. and NTPC Green Energy Ltd. have agreed to work together on projects involving the production of green hydrogen and renewable energy. The two businesses plan to work together in…

Renewable energy solutions providerbags 69 MW wind energy order

Renewable energy solutions provider Suzlon has secured a 69 MW wind energy order from the Indian subsidiary of a leading Nordic Energy Company. According to a Suzlon release, the order is for the…

Nation’s top refiner eyes processingbio-naphtha for petrochemicals

Indian Oil Corp., the top refiner in the nation, announced on Friday that it plans to use bio-naphtha in its crackers to decarbonize its petrochemical feedstocks. “To attain sustainability, bio-based feedstocks such as…

Gujarat Cabinet approves 21 additional industrial estates

The proposal to build 21 additional industrial estates throughout the state of Gujarat’s 13 districts has received permission from the cabinet. Notably, the Gujarat administration told the Legislative Assembly in March that it…

Indian govt, MP state to sign MoUto establish PM MITRA Park in Bhensola

A Memorandum of Understanding (MoU) to establish a PM MITRA Park in the village of Bhensola in the Badnawar sub-district (tehsil) of the Dhar district will be signed by the Indian Textiles Ministry…

Surat Airport terminal building extension nears completion

With 94% of the work finished, the development work for the expansion of the Terminal Building at Surat International Airport is in its final stages. The Airports Authority of India (AAI), which oversees…

Telanganagovt to establishmini textile park in Kodakandla

The Telangana state government is striving to build a Mini Textile Park at Kodakandla in the Palakurthi seat, according to Errabelli Dayakar Rao, minister for Panchayat Raj and Rural Development. The minister instructed…

investment proposals

UPSIDA to implement Rs 40,000 crore projects

The first groundbreaking ceremony is scheduled to implement investment proposals totaling Rs 40,000 crore, according to the Uttar Pradesh State Industrial Development Authority. According to the official announcement, the investors have already identified…

Goa Investment Promotion Board clears 10 investment projects

Goa Chief Minister Pramod Sawant said that the Goa Investment Promotion Board (IPB) on Wednesday approved 10 projects totaling Rs 347.93 crore in proposed investment. These initiatives would create employment possibilities for 3,495…

Ethanol plant to come up at Jeetpur Baheri at a cost of Rs 500 crore

Hindustan Petroleum Corporation Limited (HPCL) would build an ethanol plant at Jeetpur Baheri in the Una district at a cost of Rs 500 crore, according to Chief Minister Sukhvinder Singh Sukhu. Sukhu presided…

Japan to find private sector Renewable Energy projects

Chairman of Japan’s development agency for India said that the government is considering funding private sector renewable energy projects in India. The Japan International Cooperation Agency’s chief representative in India, Saito Mitsunori, stated…

Girijan Cooperative Corporation to establish its own coffee processing plant

The Girijan Cooperative Corporation (GCC) has drawn up plans to improve the flavour of Araku coffee, pay coffee farmers more, and build a processing facility close to Narsipatnam. Every year, sales of raw…

Medical tech firm to invest Rs 3,000 crore for R&D centre in Hyderabad

The largest R&D facility outside of the US will be built in Hyderabad by the medical technology giant Medtronic with an investment of Rs 3,000 crore ($350 million). The business will increase the…

Top steel wheel manufacturer increases capex by 40 per cent

As part of its plan to gradually ramp up production in the commercial vehicle, tractor, aluminium wheel, and windmill machining categories, Wheels India has set aside an expenditure of Rs 200 crore as…