NRL’s capacity expansion cost increases by Rs 5,432 crore

Due to the use of new technology, the cost of Numaligarh Refinery Ltd’s capacity expansion project has increased by 5,432 crore to 28,026 crore. The Union Ministry of Petroleum and Natural Gas has…

AP government plans to set up granite mining zone in Prakasam district

The Andhra Pradesh government has planned to close the current state highway at Chimakurthy in Prakasam district for a distance of roughly 4 km in order to focus on unknown mining areas. The…

MPL signs MoU with Telangana government

The Mobile Premier League, an online gaming platform, will open a game development centre in Telangana that will employ 500 young people. On the margins of IndiaJoy 2021, which began on Tuesday, it…

NHAI floats tender for road improvement projects in UP

The National Highways Authority of India (NHAI) has issued a tender for the improvement and upgrade of an existing road from Khutar bypass to Shahjahanpur bypass to two/four lanes with paved shoulders. On…

PM Modi inaugurates first global summit on pharma sector

Prime Minister Narendra Modi inaugurated the first global innovation summit of the pharma sector via video conferencing. In a statement, the Prime Minister’s Office said,’It is a distinctive initiative that aims to bring…

Knowledge Marine and Engineering works receives LOA worth Rs 139.13 crore

For a contract value of Rs 139.13 crore, Knowledge Marine & Engineering Works received a Letter of Award (LoA) from the Ministry of External Affairs of the Government of India for ‘Dredging and…

Andhra Pradesh government approves five new industry investments worth Rs 2,134 crore

The State Investment Promotion Board (SIPB) of Andhra Pradesh approved five investment applications totaling Rs 2,134 crore. A total of 7,683 people are estimated to be employed directly as a result of the…

MNRE team to visit Ladakh to sort out issues related to renewable energy project

Within a week, the Ministry of New and Renewable Energy will dispatch a team to Ladakh to assist the administration in resolving challenges, primarily related to land, in the construction of a 10-gigawatt…

MPL inaugurates pilot for green polyol production

Manali Petrochemicals Ltd (MPL), a petrochemicals manufacturer, has launched a “first-of-its-kind” pilot project with Econic, a UK technology partner, to commercialise the latter’s carbon-capture technology and achieve MPL’s twin goals of going green…

Alstom opens new components manufacturing facility in Coimbatore

Alstom, a global leader in sustainable and green mobility solutions, recently opened its largest components manufacturing facility in Asia in Coimbatore, which is dedicated to improving industrial efficiency in manufacturing components for a…

Tyre makers to boost capacity with Rs 5,000 crore capex

A steady increase in tyre demand has prompted tyre manufacturers to plan capital investment of at least Rs 5,000 crore by the end of FY23. The funds will be used to expand manufacturing…

Hindalco Industries cuts FY22 capex to Rs 2,400 crore

With the future for aluminium demand looking bright, Hindalco Industries will concentrate on organic growth in the coming quarter, both globally and domestically. However, the corporation will have to reduce its capital expenditure…

Sabarmati river front development invites bids

The Sabarmati River Front Development Corporation has issued a request for proposals for infrastructural improvements. Construction of a diaphragm wall anchor slab and earth filling with infrastructure services such as storm water drainage…

Coromandel International to start Rs 400 cr sulphuric acid plant at Vizag

Coromandel International, an agri-solutions company owned by the Murugappa group, would build a 1,650-tonne-per-day sulphuric acid plant in Visakhapatnam. The plant, which will cost Rs 400 crore to build, will be located near…

RHI Magnesita plant to invest Rs 400 crore in India

RHI Magnesita, based in Vienna, plans to invest Rs 400 crore in India to expand its refractory manufacturing capacity, according to Global CEO Stefan Borgas. According to him, the company currently produces 1.42…

Assam power grid upgrades new Mariani sub-station

Under the North Eastern Region Strengthening Scheme (NERSS-VI) project, Power Grid Corporation upgraded Assam’s New Mariani Sub-station from a 220 kV switching station to a 400/220 kV Sub-station with 2×500 MegaVolt Ampere (MVA)…