NTPC to spend ₹16,500 cr on renovation, modernisation

NTPC has authorised investments of Rs 16,547.71 crore in FY22 for its 20 coal and gas fired stations, including funds for flexible operations required by the extensive integration of renewable energy sources. As…

Indigo paints to establish water based paint plant in TN

Indigo Paints intends to establish a water based paint facility in Tamilnadu that is scheduled to open in Q3 of FY 2022–23. Hemant Jalan, Chairman and Managing Director, Indigo Paints Limited informs, “’We…

NGL Fine-Chem plans to expand greenfield at Tarapur

NGL Fine-Chem Limited is planning a greenfield development at Tarapur with a 50 percent capacity expansion. According to sources, Rs 140 crore is the estimated capex, which will be paid for with debt…

Petronet LNG plans capital expenditure of Rs 1,200 crore

Petronet LNG is planning a capex of ₹1,200 crore in FY 2022-23, said Vinod K Mishra, Director, Finance, Petronet LNG Ltd. Mishra continues, “If you look at ₹1,200 crore capex we have planned…

BPCL to invest Rs 1.4 lakh crore in petrochemicals in next five years

Bharat Petroleum Corporation Ltd (BPCL) is all set to invest Rs 1.4 lakh crore in petrochemicals, city gas and clean energy in the next five years as it looks to non-fuel businesses for…

Mopa airport work to be completed by October 23

Goa Chief Minister Pramod Sawant said that the Mopa International airport’s construction would be finished by October 23 and will then be opened by Prime Minister Narendra Modi. “Mopa International Airport’s opening could…

Kochi Metro Rail invites EoI for Kakkanad project

Kochi Metro Rail Ltd (KMRL) has invited expression of interest (EoI) for the project to come up in Kakkanad. KMRL is planning to implement the project through public private partnership (PPP) basis on…

Techno Electric & Engineering getsorders worth Rs 680 crore

Techno Electric & Engineering Company Limited has recently secured prestigious new orders for transmission totaling to Rs. 680 Crore. The details are as follows: KhavdaBhuj Transmission Limited (KBTL) – Transmission – Rs 233…

KEC secures orders worth Rs 1,313 crore

K E C International has secured new orders of Rs. 1,313 crore across its various businesses: Transmission & Distribution (T&D): The business has secured orders for T&D projects in India, Middle East and…

First RRTS in India to commenceoperation by March 2023

The first RRTS in India, which would link Delhi and Meerut, is currently under construction and is expected to have its first phase operational by March 2023. A 17-km segment in Uttar Pradesh’s…

Railways to develop new rail track at grade for 200 kmph train

As a greenfield project with an estimated cost of Rs 30,000 crore, Indian Railways is actively contemplating building a semi-high speed track suitable with running trains at 200 kmph on the surface level…

Ola Electric to foray into EV car manufacturing

Ola Electric announced that it will enter the electric car market and aim to introduce its first model by 2024. The corporation has a lofty goal of selling 10 lakh electric automobiles by…

ICF to manufacture Metro coaches from this year

ICF (Integral Coach Factory), the premier coaching factory of Indian railway in Perambur, will manufacture Metro rail coaches from the current financial year. Addressing staff and their family members after hoisting the national…

BPCL to invest Rs 1.4 lakh crore in petrochemicals in ext five years

As it focuses to non-fuel sectors for development, state-owned Bharat Petroleum Corporation Ltd (BPCL) will invest Rs 1.4 lakh crore in petrochemicals, city gas, and renewable energy over the next five years. According…

Toyo Engineering gets major contract from IOCL

Toyo Engineering India Private Limited, a fully owned subsidiary of Toyo Engineering Corporation, has been awarded a contract by Indian Oil Corporation Limited (IOCL) for the Engineering, Procurement, Construction, and Commissioning (EPCC) of…

Tropical Agro launches biological product tag Carb-N in Raipur

The manufacturer of biological and nanotechnology goods, Tropical Agro System India Pvt. Ltd., has released a new biological product for farmers called Tag Carb-N. Since a few years ago, the use of chemical…