JSW Energy secures LoI for 300 MW Hydro PSP from PCKL

Power Company of Karnataka Limited (PCKL) has sent a letter of intent (LoI) to JSW Neo Energy Limited (‘JSW Neo’), a fully owned subsidiary of JSW Energy Limited (‘The Company’), regarding the purchase…

Tamilnadu govt gives 130 acres of land to Taiwan footwear major

Tamilnadu government has allotted 130 acres to the Taiwanese footwear manufacturing company Hong Fu Industrial Group in the Ranipet district of the Special Economic Zone. One of the top shoe manufacturers in the…

Rail Projects worth Rs 33.6k crore gets nod for Mumbai Metropolitan region

Plans for Rs 33,690 crore were approved in order to build more infrastructure for Mumbai’s suburban railway system, which is sometimes referred to as the country’s financial capital and the surrounding metropolitan area’s…

NRL’s bio-refinery with bamboo as feedstock likely to commence operations in 2023

By 2023, Numaligarh Refinery (NRL) hopes to have the bio-refinery with bamboo biomass as feedstock operational. The project is being carried out in collaboration with two European companies. The joint venture would contribute…

Mankind establishing Rs 300 crore unit to manufacture fertility home

By constructing a specialised factory in Udaipur, Rajasthan, Mankind Pharma is preparing to compete with Abbott India’s top-selling synthetic hormone brand Duphaston (dydrogesterone), which is used to treat infertility and prevent miscarriage. Mankind…

Waaree Renewable Technologies bags 1 MW green hydrogen project

A 1 MW green hydrogen project has been secured in Maharashtra by Waaree Renewable Technologies, a provider of end-to-end solar solutions. The project will be carried out by it on a built-own-operate basis…

Redevelopment of New Bhuj station to be completed in two years

Indian Railways has identified 1275 stations around the nation for upgradation and modernisation under the Amrit Bharat Station Programme, which is in keeping with the vision of the PM to transform and develop…

Odisha government approves Cuttack-Bhubaneswar-Puri Metro corridor project

The government of Odisha convened a high-level assessment to assess the viability of metro train services on several routes. Other participants were the development commissioner, 5T, transport, and IT secretaries. The metro train…

Va Tech Wabag secures Rs 4,400 crore contract

Va Tech Wabag secured the 400 million litres per day (MLD) seawater reverse osmosis (SWRO) desalination project from Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB) worth about Rs 4,400 crore. The project…

SECI announces tender for 2000 MW solar projects in India with 25 Year PPA

A tender to construct 2000 MW of solar projects in India has been made public by the Solar Energy Corp. of India (SECI). The projects will be built on a build-own-operate basis and…

Samsonite to invest ₹160 cr for expansion of manufacturing capacity

The second phase of expansion at Samsonite South Asia’s Nashik plant will cost 160 crore rupees. This is because demand for travel luggage has increased significantly since the impact of the Covid-19 pandemic….

JSW Neo Energy secures 300 MW pumped hydro storage project in Karnataka

Electricity Corporation of Karnataka Ltd. has awarded JSW Neo Energy a 300 MW pumped hydro storage project, the company stated (PCKL). A JSW Energy announcement read, “JSW (Neo) Energy receives LoI (letter of…

Luxembourg Holding seals $5bn loan for Hazira plant expansion

ArcelorMittal reported that Luxembourg Holding SA, the parent company of AM/NS India, has signed a $5 billion credit arrangement with a group of Japanese banks to finance the expansion of the firm’s factory…

Tube Investments of India forays into pharma sector

The 54,722-crore Murugappa Group, which includes Tube Investments of India (TII), announced its entry into the pharmaceutical industry. It will work on developing active medicinal compounds through contract manufacturing (API). Active pharmaceutical ingredients…

Hyderabad-based BDL inks MoU Defence Ministry for Rs 8,161 crore contract

Bharat Dynamics Limited (BDL), based in Hyderabad, and the Ministry of Defence have agreed to a deal of Rs. 8,161 crore for the production and supply of the Akash Weapon System for the…

L&T Construction’s PT&D Business bags order for 765KV and 400KV gas insulated substations in Gujarat

Several domestic EPC orders have been obtained by Larsen & Toubro’s (L&T) Power Transmission & Distribution (PT&D) Company. Huge Renewable Energy (RE) zones, which house numerous solar and wind projects from diverse developers…