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JICA signs off Rs 4,657 crore loan for Mumbai Metro Line 3
Infrastructure - Jul 10,2024
The Japanese International Cooperation Agency (JICA) finalized a Rs 4,657-crore loan agreement, marking the fifth and final tranche for Mumbai Metro Line 3. This underground metro spans 33.5 kilometer .

Super Auto Forge plans Rs 500 crore investment for capacity expansion and technology
Infrastructure - Jul 08,2024
Super Auto Forge Pvt Ltd, a Chennai-based Tier 2 auto component supplier, plans to invest Rs 500 crore over five years to expand capacity and upgrade technology, driven by growth in export and domesti .

SJVN’s green energy arm signs deal with AM Green
Power Generation - Jul 05,2024
SJVN's subsidiary, SJVN Green Energy, has signed an agreement to supply 4.5 GW of renewable energy to AM Green Ammonia Holdings for their green ammonia production facilities. AM Green plans to st .

India Energy Storage Week to witness Rs 2,000 crore investment announcements
Infrastructure - Jun 28,2024
India Energy Storage Alliance (IESA) anticipates over Rs 2,000 crore investments in energy storage, electric vehicle, and green hydrogen sectors at India Energy Storage Week 2024 in New Delhi. The eve .

Gensol Engineering secures 500 MW energy storage project from GUVNL
Infrastructure - Jun 21,2024
Gensol Engineering Ltd has secured 250 MW/500 MWh in Gujarat Urja Vikas Nigam Ltd’s battery energy storage project, achieving the full capacity of 500 MW/1,000 MWh including the green shoe option. T .

Coca Cola likely to invest Rs 700 crore in greenfield plant in Telangana
Manufacturing - Jun 10,2024
Coca Cola plans to invest Rs 700 crore in a new greenfield plant in Telangana's Peddapalli district. Established by Hindustan Coca Cola Beverages (HCCB), the bottling arm has identified potential .

L&T Switchgear rebrands to Lauritz Knudsen
Manufacturing - May 30,2024
L&T Switchgear rebrands as Lauritz Knudsen after Schneider Electric acquisition in 2020. The company plans to invest Rs 850 crore by 2026 in manufacturing, R&D, and innovation. Peter Herweck, CEO of S .

Balu Forge Industries expands forging capacity
Infrastructure - May 22,2024
Balu Forge Industries Ltd (BFIL) is expanding with a new forging capacity of 72,000 tons annually in Belagavi, Karnataka. This includes acquiring three new forging production lines and integrating adv .