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Latest News - July 3, 2024


TI Clean Mobility commits Rs 320 crore investment
Automotive Industries   -   May 17,2024
TI Clean Mobility, a subsidiary of Tube Investments of India Ltd, plans to invest Rs 471 crore in expansion, primarily to establish a Chennai factory for electric small commercial vehicles. The compan...


Epsilon to establish Rs 5,000 crore Cathode plant in India
Infrastructure   -   May 17,2024
Epsilon Advanced Materials (EAM) plans to invest INR 5,000 Crore for a cathode plant in India, considering Karnataka, Tamil Nadu, and Telangana. Another investment of USD 1.1 Billion in Karnataka will...


Airport to come up at Paradip with Rs 200 crore investment
Infrastructure   -   May 17,2024
Union Minister Nitin Gadkari announced several infrastructure projects in Odisha, including an airport in Paradip with a Rs 200 crore investment. Initiatives include a six-lane Bhubaneswar ring road (...


Gujarat Toolroom to construct Rs 572.5 crore hybrid green energy plant
Power Generation   -   May 17,2024
Gujarat Toolroom (GTL) plans a hybrid-green energy power plant with a total project cost of Rs 572.5 crore. Investment includes Rs 150 crore for solar panels, Rs 225 crore for wind turbines, and other...


Venus Pipes forays into fittings business
Manufacturing   -   May 17,2024
Venus Pipes is expanding its business into fittings, allocating Rs 175 crore for capex through warrants and debts. The move aims to provide complete PFF solutions to customers. The expansion includes ...


India awards tenders for 412,000 tonnes green hydrogen production
Manufacturing   -   May 17,2024
India has awarded tenders for 412,000 tons of green hydrogen manufacturing and 1.5 gigawatts of electrolyzer manufacturing capacity, as announced by Bhupinder S Bhalla, Secretary of the Ministry of Ne...


ReNew secures $1 billion from European bank Societe Generale
Manufacturing   -   May 17,2024
ReNew has secured debt financing from Societe Generale for energy transition projects. The MoU entails up to $1 billion for renewable energy ventures over three years. Collaborating on solar, wind, gr...


Enfinity Global to establish 1.2 GW of solar and wind projects in India
Power Generation   -   May 16,2024
Enfinity Global secures $135 million financing from CPP Investments for 1.2 GW solar and wind projects in India. Spread across Maharashtra, Delhi, Karnataka, Rajasthan, and Uttar Pradesh, the projects...





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