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Latest News - December 22, 2024


Zepto and NX Logistics set up warehousing facilities at Sumadhura Logistics Park
Infrastructure   -   Dec 12,2024
Sumadhura Group leased 1.8 lakh sq. ft. of warehousing space at Sumadhura Logistics Park in Bengaluru to Zepto and NX Logistics India. This facility will support Zepto’s growing operations, offering...


JS Auto Cast Foundry to invest Rs 67.5 crore in capacity expansion in Tamil Nadu
Manufacturing   -   Dec 12,2024
JS Auto Cast Foundry, a Bharat Forge subsidiary, plans to invest Rs 67.5 crore in expanding its Perundurai unit in Tamil Nadu. The expansion will increase its grey and SG iron casting capacity by 60%,...


Parbati hydro project to be commissioned by March 2025
Power Generation   -   Dec 12,2024
NHPC's Parbati Hydro Power Project Stage-II in Himachal Pradesh, with a capacity of 800 MW, is set to be commissioned by March 2025. Partial generation began in September 2018, producing 1,129 mi...


Fujiyama Power Systems acquires land, proposes Rs 650 crore facility in MP
Power Generation   -   Dec 12,2024
Fujiyama Power Systems has acquired 24.89 hectares in Ratlam, Madhya Pradesh, with an investment of Rs 650 crore to establish a solar panel, lithium-ion battery, and solar products manufacturing facil...


Livguard plans capex of Rs 3,360 crore to increase battery capacity
Power Generation   -   Dec 12,2024
Livguard plans to invest Rs 3,360 crore to expand its battery capacity to 25 GWh over the next five years. The funding will come from equity and debt. The company has set up a 12 GWh battery capacity,...


Vedanta Group to invest Rs 1 lakh crore in zinc and oil
Chemicals   -   Dec 12,2024
Vedanta Group plans to invest Rs 1 lakh crore to increase zinc and oil production and establish an industrial park. The investment will create 5 lakh jobs and foster industrial growth, providing a pla...


Railway Ministry sanctions Rs 509 crore for flyover projects in Odisha
Infrastructure   -   Dec 11,2024
The Ministry of Railways has allocated Rs 509 crore for constructing two major railway flyovers in Odisha's Cuttack and Rayagada districts. The projects, part of the Energy, Mineral & Cement Corr...


Six new urea units with 12.7 lakh MT capacity each set up under new investment policy
Infrastructure   -   Dec 11,2024
Under the New Investment Policy (NIP), six new urea units have been set up, boosting India's urea production to 314.09 LMT in 2023-24. Additionally, the Talcher unit revival and the New Urea Poli...





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