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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 .

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 .

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 .

Japan-based Horiba plans to set up a unit in India for fab players
Infrastructure - Jul 08,2024
Horiba, a key player in analytical and measurement solutions, plans to establish a unit in India to support the country's semiconductor industry, including fab plants, OSAT, and ATMP players. Wit .

Gujarat govt approves GSRTC and SMC’s funding for Phase-II of Surat MMTH Project
Infrastructure - Jul 08,2024
The Gujarat government has approved GSRTC's Rs. 183.77 crore share for Phase-II of the Surat Multi-Modal Transport Hub (MMTH) project, alongside the Surat Municipal Corporation. The project, exec .

SAIL plans to inject ₹6,500 Crore towards FY25 capex
Infrastructure - Jul 08,2024
Steel Authority of India Ltd (SAIL) plans to invest ₹6,500 crore in capex this fiscal year as part of its larger ₹1 lakh crore investment strategy by 2030. SAIL aims to expand its annual steel pro .

JSW infra arm to develop cargo berth at VO Chidambaranar Port in Tamil Nadu
Infrastructure - Jul 08,2024
JSW Tuticorin Multipurpose Terminal, a subsidiary of JSW Infrastructure, has secured a concession agreement with VO Chidambaranar Port Authority in Tamil Nadu to develop North Cargo Berth-III (NCB-III .

U.S.-based Panattoni says India should ease land acquisition process amid warehousing boom
Infrastructure - Jul 08,2024
Robert Dobrzycki, CEO of Panattoni, has highlighted challenges in India's warehousing sector, urging streamlined land acquisition processes. He noted complexities due to multiple landowners and l .