External Commercial Borrowings – August 2022 – Air Transport

Borrowing Company : Tata Sia Airlines Limited Economic / Industrial Activity : Air transport Loan Amount in USD : 3,60,00,000 Purpose of ECB loan : Import of Capital Goods Loan Tenure : 12…

Centre invites tender for fourlaning of Kuakhia-Mangalpur road in Jajpur

The Kuakhia-Mangalpur Section of NH-20 in the state of Odisha will be widened and strengthened to 4L+Ps/2L+PS on an EPC basis by the Indian government’s Ministry of Road Transport & Highways (MoRTH). The…

Lesha Industries’ decision on industrial park

Lesha Industries Limited has informed BSE that the meeting of the Board of Directors of the Company was scheduled Monday (01/08/2022), inter alia, to consider and approve the proposal of developing the Industrial…

Linde India signs long-term agreement with JSL

Linde India Limited has signed a long-term agreement with Jindal Stainless Limited (JSL), the largest stainless-steel conglomerate in India for setting up of a 1,450 tonnes per day new Air Separation Unit (“ASU”)…

MORTH invites bids for Kusugal to Narendra bypass

Ministry of Road Transport and Highways has invited bids from consultants to prepare the feasibility report/DPR for the construction of kusugal to Narendra bypass. As per the plan, A new Bypass will be…

APCO Infratech bags contract to construct 30-kilometer access-controlled road

Lucknow-based construction company APCO Infratech won the contract to build the 30-kilometer access-controlled road that would link the Delhi-Mumbai Expressway with the new international airport being built in Jewar, Uttar Pradesh. The route…

Saint-Gobain India eyes Rs.30,000 crore revenue by 2030

With a significant investment outlay of between 6,000 and 8,000 crore rupees, French glass and construction material giant Saint-Gobain has developed an ambitious expansion strategy for India, one of its high-growing countries. By…

PM Modi inaugurates India’s largest floating solar projects

Prime Minister NarendraModi officially opened two of the nation’s largest floating solar installations, which were established by the government-run NTPC. Additionally, he lay the cornerstone for other NTPC green energy projects totaling more…

Reliance, Ola Electric, Rajesh Exports agree to build batteries in India

Final contracts for the construction of battery cells under a $2.3 billion government incentive scheme were signed by Reliance Industries, the Softbank Group-backed Ola Electric, and the Indian jewellery manufacturer Rajesh Exports. As…

OLA electric strikes deal with heavy industries ministry

In accordance with the government’s production-linked incentive programme, Ola Electric claimed to have struck a deal with the ministry of heavy industries for the local manufacture of advanced battery cells. The government had…

New Projects by Enveda Therapeutics India, Bharat Oman Refineries, Glensky Spirits,

Enveda Therapeutics India’s New Pharmaceutical Formulation Unit Enveda Therapeutics India is planning to take up new pharmaceutical formulation unit in Lalgadimalakpet, Shamirpet, Medchal-Malkajgiri, Telangana. The project involves establishment of pharmaceutical formulation unit of…

External Commercial Borrowings – August 2022 – Hospitality

Borrowing Company : AHS Hospitality India Private Limited Economic / Industrial Activity : Accommodation Loan Amount in USD : 1,20,000 Purpose of ECB loan  : Working Capital Loan Tenure : 8 years 11…

Kalpataru and affiliates bag orders totaling Rs.1,842 crore

Kalpataru Power Transmission Ltd (KPTL) and its affiliates have received orders totaling Rs 1,842 crore. The orders are for transmission and distribution (T&D) business in India, composite railway project, buildings and factories (B&F)…

TCR Engineering working on 84 gas pipeline testing projects

TCR Engineering, located in Maharashtra, is working on 84 gas pipeline testing projects across the nation. The organisation, which has its headquarters in Mumbai, conducts quality testing on parts used in a variety…

H&M teams up with Industrial Solar to build a solar project

Clothing retailer H&M has partnered with Industrial Solar GmbH, a division of Clean Industry Solutions Holding (CISH) with headquarters in Germany, to develop a solar project for Arvind Ltd., one of its largest…

Filatext signs PPA to procure renewable energy

Filatex India Ltd. signed PPA and SHA agreements with FP Crysta Energy Pvt. Ltd. and FPEL Sunrise Pvt. Ltd., both wholly owned subsidiaries of Fourth Partner Energy Pvt Ltd., to purchase renewable energy…