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NIBE signs Letter of Intent with HBE South Korea for defence and aerospace joint venture
Infrastructure - Nov 07,2024
NIBE, a global engineering company, has signed a Letter of Intent (LoI) with South Korea’s HBE to form a joint venture in the defence and aerospace sectors. The partnership aims to combine NIBE’s .

L&T’s data centre at Kanchipuram set to launch soon
Infrastructure - Nov 07,2024
Larsen & Toubro (L&T) is set to commission a state-of-the-art data centre in Kanchipuram, Tamil Nadu, as part of its expansion in the digital infrastructure sector. Developed by L&T Metro Rail (Chenna .

NTPC's board approves Rs 80,000 crore investment for thermal projects
Infrastructure - Nov 06,2024
NTPC’s board approved investment proposals of about Rs 80,000 crore for three thermal power projects totaling 6,400 MW. This includes Telangana Super Thermal Power Project Phase-II (3x800 MW) at Rs .

Chalet Hotels anticipates margin boost with Bengaluru expansion and The Dukes Retreat reopening
Infrastructure - Nov 06,2024
Chalet Hotels' MD & CEO, Sanjay Sethi, reported a 19.9% year-on-year revenue growth for Q2FY25, reaching ₹377.05 crore, with EBITDA up 18.7% to ₹149.5 crore. Despite a slight margin dip, RevP .

RVNL JV emerges as lowest bidder for Eastern Railway project worth Rs 837.67 crore
Infrastructure - Nov 06,2024
Rail Vikas Nigam Ltd (RVNL) and SCPL’s joint venture won a ₹837.67 crore contract from Eastern Railway for multi-tracking work. The project involves earthwork, bridge construction, and other railw .

Industrial corridor to be set up soon in Krishna district, Andhra Pradesh
Infrastructure - Nov 06,2024
Andhra Pradesh Chief Minister N. Chandrababu Naidu is driving development initiatives aimed at generating 20 lakh jobs, including setting up industrial corridors. In Krishna district's Mallavali .

NHAI declares Krishna Constellation as the lowest bidder for its tender worth Rs 1,953 crore
Infrastructure - Nov 06,2024
The National Highways Authority of India (NHAI) awarded a Rs 1,953 crore Hybrid Annuity Model (HAM) project to Krishna Constellation as the lowest bidder. The project involves constructing a four-lane .

Premier Energies' subsidiaries receive orders worth Rs 560-crore
Infrastructure - Nov 05,2024
Premier Energies’ subsidiaries, Premier Energies International and Premier Energies Photovoltaic, secured contracts worth Rs 560 crore for solar modules and cells, with deliveries starting in Decemb .