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Latest News - July 4, 2024


Seshasayee Paper to develop revised investment strategy for Erode unit expansion
Manufacturing   -   May 14,2024
Seshasayee Paper and Boards Ltd is adjusting its investment strategy for pulp and paper capacity expansion following feedback from the Environment Ministry. Initially planning a 40% increase in capaci...


Tata Power Group starts solar module production in Tamil Nadu facility
Power Generation   -   May 14,2024
Tata Power Renewable Energy (TPREL) initiates commercial production of solar modules in Tamil Nadu, with solar cell production to follow soon. The facility in Tirunelveli aims to boost local capacity ...


L&T to scale up power capacity of electrolysers to 4 MW
Power Generation   -   May 14,2024
Larsen & Toubro (L&T) plans to increase its electrolyser power capacity to four MW, targeting domestic orders in FY25-26. After manufacturing its first one-MW electrolyser in Gujarat, L&T aims to scal...


Hindustan Zinc, JK Cement and others qualify as bidders for two gold mines in Rajasthan
Manufacturing   -   May 14,2024
Hindustan Zinc, Jindal Power, and JK Cement, all part of the Vedanta group, are qualified bidders for gold mines in Rajasthan. The Bhukia-Jagpura and Kankriya Gara gold blocks attracted multiple techn...


Jindal Group inks MoU With Indian Coast Guard
Metallurgical Industries   -   May 13,2024
Jindal Steel & Power (JSP) has entered the defense material market via a MoU with the Indian Coast Guard. The collaboration aims to bolster indigenous content in shipbuilding by supplying marine-grade...


J&K gets mega solar boost with Grew Energy’s Rs 4,500 crore plant
Power Generation   -   May 13,2024
Grew Energy plans a Rs 4500 crore investment in a 3.2 GW solar module facility in Jammu and Kashmir's Kathua district, boosting renewable energy. The plant, spanning 80 acres, will produce 3.2 GW...


Carborundum outlines capex plan of Rs 350 crore in FY25
Manufacturing   -   May 13,2024
Carborundum Universal plans a Rs 350 crore capital expenditure for the current fiscal year, notably higher than the previous five-year average. A six-tonne per month silicon carbide facility in Kerala...


SAIL-Bhilai to set up Chhattisgarh's first 15-MW floating solar plant
Manufacturing   -   May 13,2024
Bhilai Steel Plant (BSP), part of Steel Authority of India Limited (SAIL), plans to install Chhattisgarh's first 15MW floating solar project in Maroda-1 reservoir, aiming to reduce carbon footpri...





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