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REC inks pact with JNPA for financing projects up to Rs 45,000 crore
Infrastructure - Aug 28,2024
REC Limited signed an MoU with Jawaharlal Nehru Port Authority (JNPA) to fund up to Rs 45,000 crore for JNPA's infrastructure projects, including Vadhavan port development. The agreement, signed .

Entrepreneurs invited to establish food processing units in Tirunelveli
Infrastructure - Aug 28,2024
The Tirunelveli district administration invites entrepreneurs to lease 16 acres at Gangaikondan SIPCOT for 94 years to establish food processing units. The state is developing a large food park with a .

Union Cabinet approves Rs 4136 crore aid for Hydro projects in Northeast
Infrastructure - Aug 28,2024
The Union Cabinet, led by Prime Minister Modi, approved Rs. 4,136 crore in Central Financial Assistance for North Eastern states to develop hydroelectric projects via joint ventures with Central PSUs. .

Shivalaya Construction becomes L1-bidder for NHAI project
Infrastructure - Aug 28,2024
Shivalaya Construction has been declared the L1 bidder for a Rs. 781 crore four-laning project in Jharkhand, awarded by NHAI under the Bharatmala Pariyojana. The project involves constructing the CG/J .

Vedanta mulls setting up not-for-profit industrial parks
Infrastructure - Aug 28,2024
Vedanta Ltd plans to establish two industrial parks for aluminium and zinc/silver, announced Chairman Anil Aggarwal. The parks, to be created on a not-for-profit basis, aim to scale various sectors. V .

MRPL commissions marketing terminal in Bengaluru
Infrastructure - Aug 28,2024
Mangalore Refinery and Petrochemicals (MRPL) has launched a new marketing terminal in Bengaluru, Karnataka, to improve the distribution of petrol, diesel, and aviation turbine fuel (ATF). The terminal .

AM Green lines up investment for one MT green ammonia project
Infrastructure - Aug 28,2024
AM Green Ammonia is investing Rs 13,000-15,000 crore (USD 1.5 billion) in a green ammonia project in Kakinada, Andhra Pradesh. The investment, split equally between equity and debt, includes funding f .

Land allocation for nine solar parks completed in Uttar Pradesh
Infrastructure - Aug 28,2024
Uttar Pradesh is advancing its solar energy capacity with nine solar parks totaling 3,710 MW. Three parks with 435 MW capacity are operational, and land allocation is complete. Projects are spread acr .