Voltas Ltd, a leading air conditioner manufacturer, stated that it has formed a joint venture with Highly International (Hong Kong) Ltd to produce compressors in India. Voltas said in a regulatory filing that…
East Coast Railway has issued a request for proposals for the building of six tunnels as part of the Kottavalasa-Koraput Doubling Project. The scope of work includes the construction of six tunnels, as…
Bihar holds the distinction of being the first state in the country to build a grain-based ethanol facility from the ground up. Chief Minister Nitish Kumar dedicated the state’s first ethanol factory in…
Greenko Ka01 IREP awards GE Power India a contract of Rs 863.40 crore. “Design, engineering, model testing, manufacture, shop testing, packing, supply, insurance, transportation and delivery at project site, of complete electro-mechanical package…
Supreme Industries Ltd aims to invest over Rs. 700 crores in capital expenditure this year, including Rs. 280 crores in carry forward obligations. Capex that has been committed or intended is mostly for:…
With a total expenditure of around 51,000 crore, the Centre wants to give hydroelectric power a substantial boost, with an emphasis on improving infrastructure and creating jobs in Jammu and Kashmir. Following the…
In the midst of a sharp surge in electricity demand in Haryana, 300 MW of power from the Kameng Hydro Electric Plant in Arunachal Pradesh will be delivered soon. Haryana will sign a…
The Tamilnadu government is utilising its own cash to construct projects since project viability and land acquisition concerns are preventing the development of the state’s three major industrial corridors. The Chennai-Bengaluru Industrial Corridor…
The Union government has picked two of the four locations proposed by the Tamil Nadu government for a second airport in Chennai, and is waiting for a response from the State administration. Minister…
The commerce and industry ministry revealed that 19 international and local companies had registered for the production-linked incentive (PLI) scheme for white products, including as air conditioners and LED lights, and had pledged…
Lupin Diagnostics, a division of global pharmaceutical company Lupin Limited (Lupin), has opened its Reference Laboratory in Guwahati, North East India. The expansion is part of Lupin Diagnostics’ overall plan to extend its…
Ami Organics Limited stated that its board of directors has authorised a capital expenditure plan of Rs 190 crore to establish a brownfield facility in Ankleshwar, Gujarat, to support the company’s advanced pharmaceutical…
Officials have announced that Apollo Hospitals would open a medical centre in the Jammu district. Apollo Hospitals is the first hospital group to propose a similar effort after Article 370 was repealed over…
ReNew Power said that it has signed five power purchase agreements (PPAs) for the provision of approximately 1,500 MW of solar-generated electricity. According to a business release, the company has inked power purchase…
Dastur Energy has completed the techno-economic feasibility study for the Indian Oil Corporation Limited‘s (IOCL) carbon capture and utilisation project at the Koyali refinery in Gujarat, India, which processes 13.7 million tonnes per…
In FY23, the Gujarat Mineral Development Corporation (GMDC), the country’s largest lignite miner, plans to invest Rs. 670 crore. It plans to spend $200 million on beneficiation units, with the rest going toward…