Dalmia to set up new plant in Jharkhand’s Bokaro

Dalmia Cement will build a 2 million tonne factory in Bokaro, Jharkhand, at a cost of Rs 577 crore, according to the state government. According to a statement from the state administration, the…

New Garments Manufacturing Projects in India – 2021

Kamala Exports is planning to take up new readymade garments unit in Narasapura Industrial Area, Kolar, Karnataka . The project involves establish an unit of readymade garments in 2 Acres of KIADB land….

Vishwaraj Sugar on expansion mode, to invest Rs 400 crore

Vishwaraj Sugar Industries is planning to set up a greenfield sugar factory and also to expand its existing distillery facility at Belgaum in Karnataka with an investment of Rs 400 crore. The company…

Wavin expands footprint in India

Wavin, a pipes and fittings solution provider for the building and infrastructure industry, has announced the acquisition of a new facility in Neemrana, Rajasthan, from Dura-Line, following the recent acquisition of a manufacturing…

Oxygen plant set up by Continental at Bengaluru’s Victoria Hospital

Continental, a technology business, has opened a new oxygen plant at Bengaluru’s Victoria Hospital. The plant, which has a capacity of 500 litters per minute (LPM), has been installed at Victoria Hospital’s Institute…

Jewar gets on development track with airport project

Following the announcement by the UP government of the developer for the projected international airport in Jewar, companies are hurrying to obtain property in and around Jewar, near Greater Noida. Jewar, a small…

Fund business to be set up in GIFT city by ASK Property

The International Financial Services Centre Authority (IFSCA) has given ASK Property Investment Advisors permission to open a branch office in Gandhinagar’s GIFT City. According to a statement released by GIFT City on Thursday,…

CPWD contract of Rs 5,000 – 7,000 crore bagged by L&T’s construction arm

The Central Public Works Department (CPWD) of the Government of India has awarded Larsen & Tuobro’s (L&T) construction arm, L&T Construction, a contract of Rs 5,000-Rs 7,000 crore for its buildings and factories…

Adani Transmission raises $700 mn

Adani Transmission (ATL), a leading private-sector power transmission and retail distribution company, raised $700 million through formal agreements with eight prominent global lenders, including Mizuho Bank and Standard Chartered Bank, for its under-construction…

BCPL Railway Infra gets construction order

  East Coast Railway (HQ), Electrical has placed an order with BCPL Railway Infrastructure Limited. “Design, supply, erection, modification, testing, and commissioning of 25kV OHE for TALCHER ROAD -ANGUL in Khurda Division of…

New Grain Based Distillery Projects in India – 2021

Premier Alcobev is planning to take up new grain-based distillery unit in Bamra, Sambalpur, Odisha. The project involves setting up new grain-based distillery unit. The estimated cost of the project is Rs.2750 million….

Duburi-Chandikhole section tender floated by NHAI

The National Highways Authority of India (NHAI) has issued an EPC tender for the construction of a new three-lane major bridge across the Brahmani River on NH-200 (new NH-53) in the Duburi-Chandikhole stretch…

In 2022, Indian Metals & Ferro Alloys Ltd will start work on greenfield project

Indian Metals & Ferro Alloys Ltd (IMFA), a ferro chrome maker based in Odisha, is hoping to receive land allocation for its proposed 550 crore greenfield expansion project at Kalinganagar in Odisha by…

In FY22-23, Lumax Group expects to spend Rs 450 crore on capital expenditure

According to a senior source, the Lumax Group, a Gurugram-based pioneer in automotive lighting and gear shifter production, has set aside Rs 450 crore for capital expenditure (capex) in FY22 and FY23. The…

NHAI InvIT to hit on Friday

As part of the government’s long-term intentions to monetise road assets, the National Highways Authority of India (NHAI) will launch its first Infrastructure Investment Trust (InvIT) on October 29. The InvIT seeks to…

Jindal India, Adani, Shirdi Sai & RIL arm lowest bidders for solar PLI scheme

The lowest bids for the government’s Rs 4,500 crore solar manufacturing production linked incentive (PLI) scheme were Jindal India Solar Energy, Shirdi Sai Electricals, Reliance New Energy, and Adani Infrastructure. According to sources,…