ndiGrid consortium bags Rs 170 crore transmission project

In tariff-based bidding, a consortium of Infrastructure Investment Trust IndiGrid’s subsidiaries emerged as the lowest bidder for a power transmission project for Rs 170 crore. A BSE filing said,’Consortium of IndiGrid 1 Ltd…

Lignite and coal companies plan to install additional 5,560 MW renewable energy

Coal and lignite businesses have planned to install an extra 5,560 megawatt (MW) of renewable capacity in India with an investment of over Rs 15,000 crore to contribute to India’s pledge to raise…

NHAI floats tender for Mohali to Srihind greenfield highways section

Under the Bharatmala Pariyojana, the National Highways Authority of India (NHAI) has issued a tender for the development of a four/six lane Mohali to Sirhind Greenfield Highway Section (design length 27.370 km) in…

Two subsidiaries owned by Dixon’s get approval under PLI Scheme

Dixon Technologies (India) Limited’s Dixon Devices and Dixon Solutions, both wholly owned companies, have acquired approval from the Indian government to manufacture white goods (air conditioners and LEDs) components under the Production Linked…

Bridge & Roof Co invites bids for smelter expansion project at BALCO

The Bridge & Roof Co (India) has requested proposals for general civil works in connection with civil construction services & mechanical, erection services, as well as building of roads & drainage for the…

Parsvnath Developers and Unity Buildwell agree to build shopping mall in Delhi

Unity Buildwell Limited and Parsvnath Developers Limited have formed a Limited Liability Partnership to create a high-end shopping mall near the Netaji Subhash Place Metro Station in Delhi. The land, which measures 28,400…

Union Minister introduces revised model concession agreement 2021

Union Minister Sarbananda Sonowal introduced the revised model concession agreement 2021 for public-private partnership projects at key ports, stating that 31 projects worth over Rs 14,600 crore will be granted between 2024 and…

Karnataka Minister says HCL and other companies keen to invest Rs 5,000 crore

According to a State Minister, major tech companies such as HCL have expressed interest in investing over Rs 5,000 crore in Karnataka. Dr. C N Ashwath Narayan, Minister for IT-BT and Higher Education,…

Health care in Karnataka to be ramped up: Basavaraj Bommai

Karnataka’s Chief Minister Basavaraj Bommai announced in Bengaluru that the state would develop a permanent healthcare strategy plan with a long-term outlook. Bommai said that “the health infrastructure in the progressive state” would…

Amneal Pharma to establish plant in Gujarat

According to its co-chief executive officer, Amneal Pharmaceuticals, a New Jersey-based drugmaker founded by NRI brothers Chirag and Chintu Patel, would build a greenfield biologics manufacturing factory in Ahmedabad that will deliver goods…

KSEB invites bids for Mankulam Hydro Electric Project

For the Mankulam Hydroelectric Project, the Kerala State Electricity Board has issued a request for proposals. The scope of work envisages civil works-construction of dams, power tunnel, surge shaft, valve house, pressure shaft,…

Azure Powe signs MoU wit SECI for 600 MW solar projects

Azure Power announced that it has signed power purchase agreements (PPAs) with the Solar Energy Corporation of India for 600 megawatt (MW) ISTS-connected solar power projects (SECI). The arrangement was signed as part…

Saint-Gobain to invest Rs 2,500 crore in home, construction biz

In the next two years, Saint-Gobain India, a subsidiary of the Saint-Gobain group worldwide, plans to invest more than Rs 2,500 crore in the home and building market in India. The company said…

PM Modi launches Rs 6,250 crore development projects in UP

Prime Minister Narendra Modi launched a series of development projects totaling over Rs 6250 crore in Uttar Pradesh. According to the Prime Minister’s Office (PMO), the Prime Minister will dedicate a number of…

BDL inks export contract with Airbus Defense and space for CMDS

Bharat Dynamics Limited (BDL) has agreed to supply a Counter Measures Dispensing System to Airbus Defense & Space in Spain (CMDS). BDL will supply Airbus with its in-house designed CMDS under the terms…

Yulu opens battery charging and swapping stations in Bengaluru

Yulu, an e-mobility service provider, has created the ‘Yulu Max Network,’ a network of battery charging and switching stations, and is currently soliciting money in a Series B round to sustain the network….