NIIF to invest Rs 631 crore in GMR’s Goa airport project

The equity capital for the three airport projects being undertaken by GMR Airports Limited (GAL) will be financed by the National Investment and Infrastructure Fund. These include the new international airports in Bhogapuram,…

Karnataka clears investment proposals worth more than Rs 2,000 crore

The Karnataka government has approved 59 investment applications that promise to generate 9,764 employment totalingRs 2,627.88 crore. The recommendations were approved at the 136th State Level Single Window Clearance Committee (SLSWCC) meeting, which…

Jindal Stainless ropes in ReNew Power for 300 MW hybrid power project

Leading stainless steel manufacturer Jindal Stainless Limited (JSL) announced on Monday that it has partnered with ReNew Power to develop its proposed 300 MW hybrid energy project. According to a statement from JSL,…

Odisha receives 145 investment proposals worth Rs 7.26 lakh crore

According to the Odisha government, the current edition of the business summit has generated 145 investment offers valued more than Rs 7.26 lakh crore. On the second day of the “Make In Odisha”…

Phillips Carbon Black to establish Green Power Plant at Kochi

A 7 MW green power plant will be built in Kochi, Kerala, by Phillips Carbon Black Limited (PCBL). With this, the overall capacity of green power is 17 MW, with 98 MW being…

Zodiac Energy receives order for captive Solar PV Power Plant

IRM Energy limited, a company that provides city gas distribution services and offers solar power supply at its various CNG stations located in Banaskantha District in the state of Gujarat, has given Zodiac…

Ultratech Cement announces commissioning of major projects

Ultratech Cement Limited has announced the commissioning of 1.8 mtpa greenfield grinding capacity at Dhule Grinding Unit, Maharashtra. The company has also announced the commissioning of 1.8 mpta brownfield clinker backed 2nd grinding…

Maharashtra govt approves Rs 3,500 crore for land acquisition for Pune Ring Road project

The Housing and Urban Development Corporation (HUDCO) has received preliminary authorisation from the Maharashtra state government to spend Rs 3,500 crore on land acquisition for the Pune ring road project. By allowing vehicles…

Sojitz Corporation and L&T JV bag Mumbai- Ahmedabad bullet train project

In relation to the proposed Mumbai-Ahmedabad bullet train project, Larsen and Toubro (L&T) disclosed that it has won a sizable contract. The commissioning of a Gujarat depot covering over 82 hectares is part…

UK-based SRAM and MRAM to Invest Rs 2 lakh crore in Odisha

The UK-based SRAM & MRAM Group VC, Gurujee Kumaran Swamy, said during the Make in Odisha (MIO) Conclave, 2022, that the group would spend Rs 2 lakh crore in Odisha to create a…

SJVN bags Maharashtra discom’s 200-MW solar project worth Rs 1,200 crore

State-owned SJVN Ltd said that Maharashtra State Electricity Distribution Company Ltd. has awarded its subsidiary SJVN Green Energy a 200 MW solar project costing Rs. 1,200 crore. According to a BSE filing, “Company…

Adani Green commissions Third Hybrid plant in Rajasthan

Adani Green Energy Ltd (AGEL) announced the commissioning of its third hybrid power plant in Rajasthan, which has a 450 megawatt generating capacity (MW). With a 1,440 MW operational capacity, AGEL claimed this…

Consultancy tender launched for Rs 6,250 crore Hyderabad Metro Airport express line

For the Design and Build (DB) Airport Express Metro Line from Raidurg to Shamshabad International Airport in Hyderabad, Hyderabad Airport Metro Limited (HMAL) has issued an invitation for Expressions of Interest. On December…

St. Thomas Mount railway station in Chennai to become multi-modal hub

The final phase of the MRTS line from St. Thomas Mount to Adambakkam is anticipated to be finished by April, transforming the station into a multimodal centre for south Chennai. Beach-Chengalpattu suburban line,…

Work to acquire 422 acres for defence park in Tamilnadu gains momentum

For the purpose of acquiring 422 acres in Varapatti village in Sulurtaluk for the defence industrial corridor, the district administration has employed two tahsildars and the equivalent number of office assistants. Office holders…

NHAI floats tender to build Vijayawada-Bengaluru expressway at Rs 19,200 crore

The Vijayawada-Bengaluru Expressway project, which will be 342-kilometers long, has been put out to bid by the National Highway Authority of India (NHAI). The project will be broken up into 14 packages, and…