RMZ Corp and CPPIB announce second joint venture

In a joint venture with Bengaluru-based realty firm RMZ Corp, the Canada Pension Plan Investment Board (CPPIB) would spend Rs 2,650 crore to develop and buy commercial properties in India.   RMZ Corp…

Bhagwat Karad inaugurates BPCL gas distribution network in Aurangabad and Ahmednagar

Union Minister Dr Bhagwat Karad announced that the Bharat Petroleum Corporation Limited (BPCL) has initiated a gas distribution network in Maharashtra’s Aurangabad and Ahmednagar, and that the company will invest 4,000 crore to…

Power Grid Corporation receives LOA for transmission scheme in Rajasthan

Under Tariff Based Competitive Bidding to Establish Transmission System for “System Strengthening Transmission Scheme for evacuation of power from solar energy zones in Rajasthan (8.1GW) under Phase-II -Part-G” on a build, own, operate,…

NHPC issues tender for Sawalkot Hydroelectric Project

The National Hydroelectric Power Corporation (NHPC) has issued a tender for the turnkey construction of the 1,856 MW Sawalkot Hydroelectric Project in the Ramban Udhampur district of Jammu and Kashmir’s union territory. The…

Nitin Gadkari lays foundation stons for 46 NH projects

Union Minister for Road Transport and Highways Nitin Gadkari laid the foundation stones for 46 national highway projects in Karnataka, with a total investment of Rs 19,930 crore. The national highway projects would…

PNC Infratech becomes L1 bidder of Mathura bypass project

PNC Infratech has been declared the L1 (lowest) bidder for an NHAI project involving the four-laning of the Mathura Bypass to Gaju Village portion of NH 530B in Uttar Pradesh, to be completed…

AP government completes DPR for highway between Bengaluru and Vijayawada

The Detailed Project Report (DPR) for the famous national highway between Bengaluru and Vijayawada has been completed by Andhra Pradesh government. The projected roadway has been meant to bring the chief minister’s hometown…

Hilton Garden Inn opens at Bengaluru

Embassy business park opens the first Hilton Garden Inn hotel in Bengaluru in Embassy Manyata Business Park, according to REIT. This 353-key hotel is part of the Hilton Hotels Embassy Manyata complex, which…

Dilip Buildcon receives LOA for hybrid Annuity project in AP

Dilip Buildcon Ltd (DBL) received a letter of acceptance (LOA) from the National Highways Authority of India for a Hybrid Annuity project in the state of Andhra Pradesh.   The project is for…

Lemon Tree opens a new hotel in Mukteshwar in Uttarakhand

Lemon Tree Hotels Limited has announced the opening of its newest hotel, the Lemon Tree Hotel in Mukteshwar, Uttarakhand.   In July 2022, this hotel is anticipated to open. M/s The Alpine Chalet…

Indian Sucrose Ltd updates about expansion project

  The Board of Directors of Indian Sucrose Ltd considered and took note of the expansion of the existing sugar mill plant by achieving the first phase of the target, namely increasing capacity…

Adani Green Energy arm gets LOA for 250 MW Solar Power Project

Adani Renewable Energy Holding Fifteen Limited, a wholly-owned subsidiary of Adani Green Energy Limited, took part in a tender issued by Punjab State Power Corporation Limited for the procurement of 250 MW of…

UP govt allots Rs 486 crore for part of airport to Mumbai Expressway link

The Uttar Pradesh government has approved Rs 486 crore for the acquisition of land and construction of a 30-kilometer road connecting the Noida airport to the Delhi-Mumbai Expressway in Ballabhgarh, Haryana. Only roughly…

KIA India ramps up production to full capacity

With the launch of the third shift at its Anantapur facility in Andhra Pradesh, Kia India says it has increased production to its maximum capacity of 3 lakh units per year. In August…

IOCL plans to increase EV charging stations around the country

Indian Oil Corporation (IOCL), a state-owned oil marketing firm, has announced the opening of 1,000 or more electric vehicle (EV) charging stations around the country, with plans to dramatically increase the number in…

Chattisgarh govt signs MoU for irradiator and dung-based power plants

  An official said the Chhattisgarh government signed two Memorandums of Understanding (MoUs) for the establishment of a food irradiator plant and dung-based power plants, which will keep food and vegetables safe and…