Centre considering to create new market segment on power exchanges

In order to enable high-cost projects like gas or imported coal-based plants to sell power, the government is considering creating a new market category on power exchanges that would permit the selling of…

Adani and RIL plan biogas foray,to invest Rs 600 crore each

Gautam Adani-led Adani New Industries (ANIL) and MukeshAmbani-led Reliance Industries (RIL) are planning to set up two compressed biogas (CBG) plants each, senior executives aware of the developparment said. ANIL intends to build…

Brilliant Polymers invests Rs 100 crore in Capacity Expansion

Brilliant Polymers, the leading manufacturer of flexible packaging laminating adhesives in India, has opened a new factory and announced a 100 crore capacity expansion at its Ambernath, Maharashtra, facility. Brilliant Polymers‘ manufacturing capacity…

NHAI floats tenders for six-lane bridge in Patna

As part of the Patna ring road project in the state of Bihar, the National Highways Authority of India (NHAI) has issued an invitation for bids for the building of a six-lane bridge…

East Coast Railway invites bids for Khurda-Bolangir new rail line project

The Khurda-Bolangir new rail line project in the state of Odisha has been put out to bid by the East Coast Railway. The scope of work for the Adenigarh-Purunakatak portion of the Khurda-Bolangir…

AP’s CPWD issues tender forconstruction of 400-bed hospital

In Andhra Pradesh’s Sheela Nagar, the Central Public Works Department (CPWD) has issued a request for proposals for the building of a 400-bed hospital (G+7) for ESIC. The scope of work includes internal…

External Commercial Borrowings – August 2022 – Software Consultancy

Borrowing Company : SNFL Cloudtech India Private Limited Economic / Industrial Activity : Computer programming, consultancy and related activities Loan Amount in USD : 50,00,000 Purpose of ECB loan : Local Sourcing of…

Inox Wind bags 200 MW wind power project

A 200 MW wind power project ordered by Inox Wind will be installed in the Gujarat state by NTPC Renewable Energy, a fully owned subsidiary of NTPC. This, along with several such projects…

TN Highways to take over DPR work for Sathyamangalam road from NHAI

The Tamil Nadu Highways Department’s NH division would be responsible for creating the Detailed Project Report (DPR) for the Coimbatore-Sathyamangalam-Karnataka border route, according to a letter the National Highways Authority of India (NHAI)…

Chennai’s second airport to come up at Parandur

Parandur near Sriperumbudur has been chosen as the site to construct Chennai’s second airport. In response to a query from Tamil Nadu’s Dr.Kanimozhi NVN Somu, a RajyaSabha member, Union Minister of State for…

Chennai to get its fourth desalination plant in Perur

Municipal Administration Minister K.N. Nehru said preliminary work is currently being done to build a fourth desalination plant with a capacity to treat 400 million litres of saltwater in Perur, just a few…

Rajapalayam Mills to invest Rs 400 crore for expansion

In light of the promising order outlook, Rajapalayam Mills Ltd, a member of the Ramco Group, is spending 400 crore to increase the capacity of its fabric business. Prominent companies from across the…

Linde signs MoU with Jindal to set up tpd air separation unit

With Jindal Stainless Ltd., Linde India Ltd. has entered into a long-term deal for the construction of a 1,450 tonnes per day air separation unit. The ASU would assist the business in fulfilling…

JSW to redevelop 100 years-old Mumbai-based St. Elizabeth’s Hospital’s B wing

JSW Group’s corporate social responsibility (CSR) arm, JSW Foundation, said that it has secured a contract to build and renovate the B wing of St. Elizabeth’s Hospital, one of Mumbai’s oldest multi-specialty healthcare…

Three companies sign batterymanufacturing incentives scheme

Three companies have agreements in place for the Production Linked Incentive (PLI) Scheme for Advanced Chemistry Cell Battery Storage. The companies picked are Reliance New Energy Limited, Ola Electric Mobility Private Limited, and…

Modi lays foundation stone of green energy projects of NTPC worth Rs 5,200 crore

Prime Minister NarendraModi stated that India has witnessed path-breaking reforms in the power sector during the last eight years to the extent that the country is not only electricity surplus but is also…