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infrastructure Sector News & Updates - July 22, 2024



Tata Realty raises Rs 825 crore from IFC for IT Park project in Chennai
Infrastructure   -  Jul 10,2024
Tata Realty secured an Rs 825 crore loan from IFC for refinancing Ramanujan Intellion Park in Chennai. This green commercial project achieves emissions reduction through renewables and water savings, .


RVNL secures Rs 202.87 crore project from South Eastern Railway
Infrastructure   -  Jul 10,2024
Rail Vikas Nigam Ltd (RVNL) secured a Rs 202.87 crore project with South Eastern Railway to design, supply, erect, test, and commission a 132 KV traction substation, sectioning posts, and sub-sectioni .


Torrent Power to build 50 MW solar projects for ARS Steel's power supply
Infrastructure   -  Jul 09,2024
Torrent Power’s subsidiary, Torrent Urja 14 (TU14), will establish solar projects up to 50 MW to supply clean energy to ARS Steels & Alloy International. ARS will also hold an equity stake in TU14 a .


Kemistar Corporation Ltd updates on capex at Dahej
Infrastructure   -  Jul 09,2024
Kemistar Corporation Limited's subsidiary, K P International Private Limited, has completed construction of a new factory and effluent treatment plant at its Dahej Plant in Gujarat. This expansio .


NLCIL emerges as successful bidder for coal mine block in Odisha
Infrastructure   -  Jul 09,2024
NLC India has successfully bid for the Machhakata coal mine in Odisha's Angul district during the Ministry of Coal's e-auction on February 2, 2024. The mine holds a coal reserve of approxima .


Fedders Holding gives nod to acquisition of 60 acre land in Odisha
Infrastructure   -  Jul 09,2024
Fedders Holding Limited's Board approved the acquisition of 60 acres in Odisha for setting up a 1.5 MT per annum Iron Ore Beneficiation Plant by subsidiary M/s. Fedders Electric and Engineering L .


Vadhavan Port's Phase-I construction to begin soon at Rs 13,000 crore outlay
Infrastructure   -  Jul 09,2024
Jawaharlal Nehru Port Authority (JNPA) and Maharashtra Maritime Board (MMB) are jointly investing Rs 13,000 crore in Phase-I of Vadhavan port near Dahanu, Maharashtra. Construction starts post-monsoon .


Optiemus Unmanned Systems to invest Rs 140 crore in ‘Drone as a Service’
Infrastructure   -  Jul 08,2024
Optiemus Unmanned Systems (OUS), a subsidiary of Optiemus Infracom, is set to invest Rs 140 crore in a 'Drone as a Service' model aimed at transforming Indian agriculture by 2025. They plan .


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