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AP Moller Capital, JSW Infra to form JV for ports, logistics in India
Infrastructure - May 28,2024
AP Moller Capital and JSW Infrastructure will form a joint venture to invest in and develop ports and logistics in India. A memorandum of understanding was signed for this venture. A.P. Moller Capital .

Aarvee wins Chennai Metro Parandur Airport Line’s DPR consultant contract
Infrastructure - May 28,2024
Aarvee Associates Architects Engineers and Consultants Pvt. Ltd. secured the DPR contract for Chennai Metro Line-4 extension from Poonamallee Bypass to Parandur Airport. The extension, part of Chennai .

India outpaces APAC countries in data centre capacity growth
Infrastructure - May 28,2024
India leads major APAC countries in data centre capacity at 950MW, per CBRE South Asia Pvt Ltd's report. It's expected to add 850MW during 2024-2026, surpassing other APAC nations. Japan fol .

RfP issued for development of convention centre in Visakhapatnam
Infrastructure - May 28,2024
Visakhapatnam Metropolitan Region Development Authority (VMRDA) seeks proposals for a convention center project in Vizag, featuring a 5-star hotel, waterfront entertainment, and convention hall. The d .

Tata Power seeks $1 billion loan for clean energy projects
Infrastructure - May 27,2024
Tata Power Company, a Tata Group subsidiary, aims to secure up to $1 billion for clean energy projects, potentially the largest local currency loan in India this year. Discussions involve lenders like .

GAIL inaugurates 10 MW green hydrogen plant in MP
Infrastructure - May 27,2024
GAIL inaugurated its 10 MW Green Hydrogen Plant in Madhya Pradesh, capable of producing 4.3 TPD of hydrogen using electrolysis of water with renewable power. Initially, the hydrogen will be used along .

JSW Paints earmarks Rs 900 crore capex for next two years
Infrastructure - May 27,2024
JSW Paints plans to invest Rs 900 crore over two years, preparing for an IPO in 3-5 years. After five years of launch, it posted its first full year of operating profits in FY24 and expects to be net .

Hindalco bidding for two nickel, cobalt mines in Maharashtra, Karnataka: MD
Infrastructure - May 27,2024
Hindalco Industries bids for nickel-cobalt mineral blocks in Maharashtra and Karnataka, focusing on India's mineral resources. Managing Director Satish Pai states the company's shift towards .