Ashoka Buildcon achieves financial closure for NHAI road project in Karnataka

Ashoka Buildcon announced that its wholly owned subsidiary, Ashoka Bettadahalli Shivamogga Road, has received a letter from the National Highways Authority of India dated 20 December 2021 approving the project ‘Tumkur Shivamogga Section…

Exide receives board’s nod to build greenfield factory

Exide Industries has received in-principle approval from its board of directors to build a greenfield multi-gigawatt lithium-ion cell manufacturing factory in India, as part of the government’s production-linked incentive (PLI) scheme for advanced…

Globus Spirits starts commercial production of expanded capacity at Panagarh

Globus Spirits Ltd has announced that the expansion of the company’s operation in Panagarh, Burdwan, West Bengal, has been completed on time and that the unit is now operating at a capacity of…

Oriental Carbon and Chemicals commissions first phase of expansion project

Oriental Carbon & Chemicals Ltd stated that the Company’s First Phase (5500 MTPA Capacity) of its project to expand Insoluble Sulphur production capacity in Dharuhera, Haryana, was commissioned. Oriental Carbon & Chemicals Limited,…

Indian Oil to invest Rs 9,028 crore to construct pipeline from Mundra to Panipat

The Indian Oil Corporation Limited (IOCL) said that it will invest Rs. 9,028 crore in the construction of a new crude oil pipeline from Gujarat’s Mundra to Haryana’s Panipat. The Board of Indian…

AAI initiates Rs 25,000 crore capex plan to upgrade and develop airports: V K Singh

The Airports Authority of India (AAI) has begun a capital expenditure plan to build, improve, and modernise numerous airports across the country. V K Singh, Union Minister of State for Civil Aviation, told…

Adani bags Rs 17,000 crore e-way projects

The Uttar Pradesh Expressways Industrial Development Authority has awarded Adani Enterprises Ltd (AEL) the contract to build three main portions of the greenfield Ganga Expressway. The business also said in a statement that…

Tata Power gets contract from SECI for solar and battery project in Chhattisgarh

The Tatas have been given a contract to build a 100MW solar project with a battery energy storage system (BESS) in Rajnandgaon, Chhattisgarh, by the state-owned SECI. The project will show how solar…

Shree Cement to establish Rs 1,500 crore cement plant in AP

Shree Cement executives met with Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Monday to discuss the establishment of a greenfield cement factory in Guntur district at a cost of Rs 1,500…

Stellar Value to invest Rs 30,000 crore for establishing 200 logistics parks

A top official of consumer supply-chain firm Steller Value Solutions said the company plans to build 200 integrated logistics parks in 50 million square feet of space across 21 major cities in the…

Pennar Industries wins orders worth Rs 582 crore

Pennar Group has received orders totaling Rs 582 crores from its various business segments. Customers such as Ultratech Cement, Digvijay Cement, Matrix Structure, and Lodha Group placed orders for manufacturing facilities, warehouses, solar…

KEC International gets orders worth Rs 1,041 crore

KEC International, a subsidiary of the RPG Group, has received orders totaling Rs 1,041 crore across its various businesses. Orders for transmission and distribution (T&D) projects have been placed in India, the Middle…

Adani Transmission subsidiary finishes laying of 857-circuit-km transmission line in UP

Ghatampur Transmission (GTL), a subsidiary of Adani Transmission (ATL), announced that it has completed the building of one of India’s longest intra-State transmission lines, measuring 897 circuit kilometres. This will benefit Kanpur, Agra,…

Honda expands renewable energy portfolio

Honda Motorcycle & Scooter India Pvt. Ltd. inaugurated its 2nd wind turbine system in Bhanvad (Dwarka district, Gujarat), around 350 kilometres from the company’s Vithalapur facility. This has been done to reduce its…

AM/NS to invest over Rs 1 trn in a 24 mm tonne steel plant in Odisha

The Odisha government’s High-Level Clearance Authority authorised a proposal by ArcelorMittal Nippon Steel (AM/NS) to build a 24 million tonne (mt) integrated steel plant at a cost of more than Rs 1 trillion….

GACL, GAIL ink MoU to set up Rs 1,000 crore bioethanol plant in Gujarat

GAIL India and Gujarat Alkalies and Chemicals Ltd inked a memorandum of understanding on Friday to build a 500 KLD bioethanol facility in Gujarat at a cost of Rs 1,000 crore. According to…