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Latest News - July 3, 2024


Waaree bags order for supply of 445 MW of solar modules
Power Generation   -   May 27,2024
Waaree Energies secures a 445 MW solar module order from Statkraft India for projects in Bikaner, Rajasthan. Delivery scheduled between May and August 2024. Additionally, they partnered with Ecofy for...


Hindalco bidding for two nickel, cobalt mines in Maharashtra, Karnataka: MD
Infrastructure   -   May 27,2024
Hindalco Industries bids for nickel-cobalt mineral blocks in Maharashtra and Karnataka, focusing on India's mineral resources. Managing Director Satish Pai states the company's shift towards...


Rane Group charts a 3-year capex of ₹1,000 crore on surging order book
Infrastructure   -   May 27,2024
Rane Group plans a Rs.1000 crore capex over 3 years, buoyed by rising new business orders. FY24 saw record revenue of Rs.7200 crore, with over Rs.1000 crore in new orders. Focus on portfolio rebalanci...


Tamil Nadu to float tenders for Parandur airport by next year
Infrastructure   -   May 27,2024
The Tamil Nadu government plans to initiate Chennai's second airport tender process by next year, costing over Rs 20,000 crore. Site clearance at Parandur awaits conclusion of Lok Sabha elections...


L&T, IRCON, among lowest bidders for 96.4 km Phase-1 of Virar-Alibaug Multi-Model Corridor Project
Infrastructure   -   May 27,2024
Seven engineering companies, including L&T and IRCON International, are the lowest bidders for Phase 1 of the Virar-Alibag Multimodal Corridor (VAMC) in Maharashtra. MSRDC awarded 11 contracts for the...


Race for investments to fund industrial projects in UP
Infrastructure   -   May 24,2024
Between 2019 and 2022, India attracted $142.29 billion in foreign direct investments. Uttar Pradesh notably improved in Ease of Doing Business, climbing from 14th to 2nd position in 2018. It advanced ...


Royal Orchid Hotels to open five-star resort near Statue of Unity
Food Processing   -   May 24,2024
Royal Orchid Hotels (ROHL) announces the signing of 'Regenta Resort' near Gujarat's Statue of Unity, the world's tallest statue. This luxury five-star hotel marks the 15th ROHL pro...


Nagpur–Gondia Expressway: Afcons and NCC win contracts
Infrastructure   -   May 24,2024
Afcons Infrastructure Ltd and NCC Ltd secured contracts as the lowest bidders for constructing four segments of the Nagpur – Bhandara – Gondia Expressway project in Maharashtra. Managed by MSRDC, ...





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