M3M India to invest Rs 7,600 crore in 10 under-construction projects in NCR

M3M India, a real estate developer, will invest Rs 7,600 crore in roughly 10 projects in the NCR that will total 20 million square feet. In the fiscal year 2022–2023, the corporation asserted…

Vedanta Group inks MoU with 20 Korean display glass companies

The Vedanta Group stated that it has inked Memorandums of Understanding (MoU) for the establishment of an electronics manufacturing hub in India with 20 Korean display glass companies. Vedanta was invited to a…

Siemens Gamesa bags 166MW wind turbine contract in India

The Indian division of ArcelorMittal has placed a supply contract for 166MW wind turbines with Siemens Gamesa. The wind farm is located in the Indian state of Andhra Pradesh. Siemens Gamesa has promised…

Michelin to soon commence production of passenger vehicle tyres in India

Michelin’s Chief Executive Officer FlorentMenegaux said that the company is seriously contemplating local production of passenger car tyres in India. The Clermont-Ferrand-based tyre giant might expand operations in India, which are still severely…

EV two-wheeler manufacturer Motovolt likely to invest Rs 100 crore

Kolkata-based manufacturer of electric bikes Motovolt Mobility founder & CEO TusharChoudhary said that the plans to invest around Rs 100 crore in industrialisation of eROCKIT products in India. In a recent interview Tushar…

Works for Halwara International Airport to be completed by July

Harbhajan Singh, a cabinet minister for Punjab, stated that it is possible that the building work for the new international airport in Halwara, which is about 40 kilometres away, will be finished by…

PCBL commences commercial production at Rs 800 croreplant in Tamil Nadu

The RP SanjivGoenka Group company Phillips Carbon Black Ltd (PCBL), which has a Rs 800-crore greenfield carbon black project in Tamil Nadu, declared the start of commercial production. The company expressed confidence in…

Tata group company to manage Cial’s five-star hotel in Cochin

The five-star hotel being built by Cochin International Airport Ltd (Cial) close to the airport will be managed by Indian Hotels Company Ltd (IHCL), a subsidiary of the Tata group and the owner…

TCR Engineering establishes 3rd materials testing project in Bhubaneshwar

  In Bhubaneswar, Odisha, TCR Engineering launched a new materials testing project. The business specialises in testing industrial equipment used in numerous projects involving industries such as electronics, capital goods, steel, cement, nuclear…

JSPL to double rail-making capacity

By building a rail mill in Angul, Odisha, with an annual capacity of 1.2 million tonnes per annum (MTPA), Jindal Steel and Power Ltd. (JSPL) will more than quadruple its rail manufacturing capacity…

Arunachal Pradesh upgrades Kaho project to 100 KW

Arunachal state administration has upgraded an existing micro hydel project near the Line of Actual Control (LAC) despite protests from China’s People’s Liberation Army (PLA). Fifty projects are being implemented in a phased…

MP govt approves Rs 50,000 crore BPCL proposal for Bina refinery

The Madhya Pradesh Investment Promotion Committee, which is chaired by Chief Minister Shivraj Singh Chouhan, has approved a revised proposal for the expansion of BPCL’s Bina Refinery and the creation of a petrochemical…

KP Energy Ltd begins charging of 60MW hybrid power evacuation system at Bhungar site in Gujarat

KP Energy has successfully finished the development activities and charged the 60MW Power Evacuation System for the hybrid power plant at the Bhungar site in Gujarat, which consists of 59MW of wind and…

BHEL and NPCIL ink deal for collaboration for Pressurised Heavy Water Reactor Technology-based Nuclear Power Plants

In order to cooperatively pursue economic prospects in the domain of nuclear power plants based on Pressurized Heavy Water Reactor (PHWR) technology, Nuclear Power Corporation of India Limited (NPCIL) and Bharat Heavy Electricals…

BHEL, Nuclear Power Corp sign MoU for nuclear power project opportunities

A preliminary agreement was signed by Bharat Heavy Electricals and Nuclear Power Corporation to seek business potential in nuclear power based on pressurised heavy water reactor technology. To shorten project gestation times, BHEL…

Torrent Power bags contract to supply 920 MW gas based electricity

Torrent Power said that it has won a contract with NTPC VidyutVyaparNigal Ltd (NVVN) to deliver 920 MW of gas-based energy from its DGEN and SUGEN plants. The nodal agency for the procurement…