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ReNew secures $1 billion from European bank Societe Generale
Manufacturing - May 17,2024
ReNew has secured debt financing from Societe Generale for energy transition projects. The MoU entails up to $1 billion for renewable energy ventures over three years. Collaborating on solar, wind, gr .

India awards tenders for 412,000 tonnes green hydrogen production
Manufacturing - May 17,2024
India has awarded tenders for 412,000 tons of green hydrogen manufacturing and 1.5 gigawatts of electrolyzer manufacturing capacity, as announced by Bhupinder S Bhalla, Secretary of the Ministry of Ne .

K2 Infragen gets Rs 90 crore railway order in Uttar Pradesh
Infrastructure - May 16,2024
K2 Infragen secures a Rs 90 crore railway bridge project in Chandauli, Uttar Pradesh. The contract involves constructing a four-lane rail over bridge on the Patna-Mughalsarai section. Jointly secured .

Biorad Medisys receives Rs 400 crore from KSS India Fund II
Hospitality and Healthcare - May 15,2024
Biorad Medisys received a Rs 400-crore investment from Kotak Strategic Situations India Fund II to build a new manufacturing plant, repay debt, and increase working capital. The company, known for med .

Murugappa Group plans to invest Rs 3,000 crore on EVs
Manufacturing - May 13,2024
TI Clean Mobility, a Tube Investments of India Ltd subsidiary, signs ₹580 crore agreement with GEF Capital Partners for EV venture. The firm has raised ₹2,530 crore of its planned ₹3,000 crore f .

Bridge & Roof Co.invites bids to select engineering consultant for CGD project
Manufacturing - May 08,2024
Bridge & Roof Company seeks bids for engineering consultants for city gas distribution (CGD) projects in Eastern India. Tasks include process, pipeline, and station design, electrical work, civil and .

Nitta Gelatin launches expansion project in Kerala
Manufacturing - May 07,2024
Nitta Gelatin India Ltd (NGIL), a joint venture of Nitta Gelatin Inc. Japan and Kerala State Industrial Development Corporation Ltd (KSIDC), launches a Rs 60 crore expansion project in Kerala. The pro .

SLMG Beverages sets up Rs 700 crore plant in Uttar Pradesh
Food Processing - May 02,2024
SLMG Beverages, Coca-Cola’s bottler in South Asia, nearly completes its largest bottling plant in Uttar Pradesh. With seven lines operational, the eighth is set for May. The Trishundi plant, with a .