Electro-Mechanical equipment supply order from APGCL goes to Andritz

The Assam state government-owned utility Assam Power Generation Corporation Ltd (APGCL) has placed an order with Andritz to supply the whole electro-mechanical equipment for the Lower Kopili hydropower facility on the Kopili river…

Tata power to set up 4 GW solar manufacturing plant in TN

Tamilnadu, which is home to Vikram Solar’s new PV gigafab, may also be home to Tata Power Solar’s 4 GW solar plant. According to a source, Tata Power’s solar arm is close to…

Odisha govt approves investment proposals worth Rs 1,872 crore

The Odisha government has given in-principle clearance to eight projects with a total investment of Rs 1,872.11 crore and employment prospects for 3,461 people as part of its industrialization drive, officials said. The…

Daramic increases production capacity at Dahej plant

Daramic, a member of the Asahi Kasei Group and the world’s leading manufacturer and supplier of lead-acid battery separators for automotive, industrial, and specialty applications, announced that its manufacturing unit in Dahej, Gujarat,…

Airports to attract Rs 9,000 crore investments in five years

According to a senior official, the airports industry is anticipated to get a total investment of 90,000 crore over the next five years, with roughly 68,000 crore coming from private companies. The civil…

Coal India aims to invest Rs 40,000 to 50,000 crore in 4-5 years

In the next 4-5 years, Coal India Ltd plans to invest Rs 40,000-50,000 crore in capital expenditure, according to the firm. The current fiscal’s capex (capital expenditure) of Rs 17,000 crore is “on…

First phase of Noida International Airport to receive Rs 8,914 crore investment

According to a senior civil aviation ministry source, the first phase of the Noida International Airport at Jewar will cost Rs 8,914 crore and have a 12 million annual passenger handling capability. The…

Schaeffler India to invest Rs 300 crore in greenfield facility in Hosur

To expand its manufacturing footprint in the state, Schaeffler India inked a Memorandum of Understanding (MoU) with Guidance, the Government of Tamil Nadu’s (GoTN) key agency for investment promotion and facilitation. Schaeffler India…

L&T signs MoU with TN government

Over the next five years, L&T will build data centres with a capacity of 90 megawatts and accompanying facilities in Kanchipuram. The project is expected to employ roughly 1,100 people, with 600 direct…

Indospace to invest Rs 1,000 crore in next five years

Over the next five years, IndoSpace will invest Rs 1,000 crore in a new joint venture with KSH Infra to construct a 10 million square foot portfolio of warehousing and logistics parks across…

SJVN begins work on second unit of 1320 MW plant

SJVN Chairman and Managing Director  N L Sharma virtually inaugurated the works of Second Unit of (2 X 660) 1320 MW Buxar Thermal Power Plant. According to an official release, the Foundation Stone…

Thermax bags Rs 830 crore order for setting up FGD systems

Thermax has secured an order of Rs 830 crore from an Indian power private sector company. The order is to set up flue gas desulphurisation (FGD) systems for their three units of 660…

Triveni Engineering inks pact with GEAE Technologies to produce gas turbine components

Triveni Engineering has announced signing a 10-year deal with GEAE Technology to locally manufacture certain components for its LM2500 gas turbine which powers many of the Indian Navy’s vessels. While the former is…

Maharashtra Industrial Development Corporation signs 25 MoUs at World Expo 2020

Maharashtra Industrial Development Corporation (MIDC) signed 25 Memorandums of Understanding (MoUs) at the ongoing World Expo 2020 in Dubai, with a proposed investment of about Rs 15,260 crore ($2 billion) under Magnetic Maharashtra…

SJVN CMD inaugurates unit II of Buxar Thermal Power Plant in Bihar

Nand Lal Sharma, Chairman and Managing Director of SJVN, virtually inaugurated the 660-megawatt (MW) second unit of the state-owned power producer’s Buxar Thermal Power Plant in Bihar. A statement from the company said,’Nand…

TN government signs 59 MoUs for various projects

The Tamil Nadu government has signed 59 memorandums of understanding (MoUs) with corporations for the establishment of various projects, including a total investment of Rs 35,208 crore and the creation of 76,795 jobs….