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Adani Energy Solutions receives LoI to acquire Halvad Transmission
Infrastructure - Dec 29,2023
Adani Energy Solutions Ltd (AESL) has been granted a Letter of Intent to acquire Halvad Transmission from PFC Consulting. Halvad Transmission, an SPV created by PFC Consulting for evacuating 7GW of re .

Jai Balaji Industries plans investment of Rs 1,000 crore
Infrastructure - Dec 29,2023
Jai Balaji Industries, a steel industry firm, plans a Rs 1,000 crore capital expenditure, overcoming challenges from coal block deallocation and a 5 MTPA greenfield expansion. After a 2011-12 default .

NLC’s methanol plant targets to conserve Rs 1,000 crore annually in crude oil imports
Infrastructure - Dec 28,2023
NLC India is embarking on a Rs 4,350 crore lignite-to-methanol plant, led by Chairman M Prasanna Kumar. The plant aims to save Rs 1,000 crore annually in crude oil imports, producing 400,000 tonnes of .

UP CM Yogi reviews draft of Green Hydrogen Policy
Infrastructure - Dec 28,2023
Uttar Pradesh Chief Minister Yogi Adityanath has instructed officials to implement the Green Hydrogen Policy-2023 to promote clean energy production. Emphasizing the importance of green hydrogen in ac .

Suzlon announces new project of 100.8 MW from Mahindra Susten
Infrastructure - Dec 28,2023
Suzlon Group has secured an order from Mahindra Susten Private Limited for a 100.8 MW wind power project in Maharashtra. The project will feature 48 units of Suzlon's S120 - 140m wind turbine gen .

Petronet LNG inks binding transaction documents with Gopalpur Ports
Infrastructure - Dec 28,2023
Petronet LNG Ltd has finalized key agreements with Gopalpur Ports Limited to establish a Floating Storage Regasification Unit (FSRU) based LNG terminal with an initial capacity of around 4 MMTPA (Phas .

IRB Infra SPV gets appointed date for Samakhiyali Santalpur BOT Project
Infrastructure - Dec 28,2023
IRB Infrastructure Developers Limited's SPV Samakhiyali Tollway Private Limited has received the Appointed Date from the National Highways Authority of India (NHAI), allowing the commencement of .

Tower Semiconductors resubmits proposal to establish fabrication unit in India
Infrastructure - Dec 27,2023
Israel's Tower Semiconductors resubmits proposals for 65nm and 40nm chips to establish a semiconductor fabrication unit in India. The company faces potential legal action from former joint partne .