Greenzo to invest Rs 400 crore in electrolyser facility

GreenZo Energy said that it will invest up to Rs 400 crore in a 250 MW electrolyser facility. The firm would also invest Rs 70 crore in R&D for the manufacture of the…

Svitch MotoCorp to invest Rs 100 crore in CSR 762 electric bike project

Svitch MotoCorp, located in Ahmedabad, has announced intentions to invest Rs 100 crore in the CSR 762 electric bike project, which is slated to enter the market this calendar year. According to the…

Assam government opens 70-MW Amguri Solar Park

The Assam government recently opened the 70-megawatt Amguri Solar Park in an effort to enhance the state’s power industry by focusing on renewable energy. Assam Chief Minister Himanta Biswa Sarma inaugurated the 70-megawatt…

MoRTH calls proposals for expansion of Mangalore-Tumkur section

The Ministry of Road Transport and Highways (MoRTH) of the Indian government has solicited proposals for the expansion of the Mangalore-Tumkur section. The project comprises extending the existing chainages of the Mangalore-Tumkur Section…

KDDL board of directors authorises expansion of Dials facility

The Board of Directors of KDDL Limited (“the Company”) discussed and authorised the expansion of the Dials facility in Derabassi, Punjab, during its meeting on Monday, May 30, 2022. The development will increase…

Adani group in talks with SBI to raise Rs 12,000 cr loan

The Adani Group is in negotiations with the State Bank of India to obtain roughly Rs 12,000 crore in long-term project loans for the construction of the Ganga Expressway, which would run from…

Meghmani Finechem Commissions India’s First Epichlorohydrin Plant

The epichlorohydrin (ECH) facility with a capacity of 50,000 TPA has been successfully commissioned by Meghmani Finechem Limited (MFL), a maker of chlor-alkali and its value-added derivatives. Despite a difficult external context, the…

Century Plyboards to triple MDF capacity by FY24

  Century Plyboards plans to increase its MDF capacity to 1,800 cu.mt per day, up from 600 cu.mt per day now, with both greenfield and brownfield projects for about 850 crore. The business…

GOCL to expand electronics vertical

In response to rising demand, GOCL Corporation Limited, a Hinduja Group company, wants to increase its focus on the electronics vertical. “We are aiming to increase our revenue from electronics vertical from ₹20…

PNC Infratech signs concession agreement for a HAM Project of NHAI

PNC Infratech Limited announced the signing of a concession agreement between the National Highways Authority of India and Akkalkot Highways Private Limited, the Company’s Special Purpose Vehicle, for the implementation of the following…

Land acquisition for Coimbatore International Airport to be completed soon

  In three months, land acquisition for the expansion of Coimbatore International Airport is projected to be completed. The project gained traction after the state approved Rs 1,132 crore in compensation for landowners….

DRDO awards orders worth Rs 68.86 crore to RailTel

  The Defence Research and Development Organisation (DRDO) has awarded RailTel two different contracts totaling Rs 68.86 crore for data centre management and cloud services, according to an official. One of the contracts,…

Greater Chennai Corporation to plant additional trees along Adyar River bank

Greater Chennai Corporation will begin planting additional trees and developing an eco-park along the Adyar River’s banks from the airport to Nandambakkam, as well as along the Cooum River’s banks at Island Grounds….

Attero recycling to invest $1 billion in next five years

  As demand for lithium-ion batteries rises due to the worldwide move to electric vehicles, Indian battery recycling business Attero Recycling Pvt plans to invest $1 billion over the next five years to…

NTPC Pakri Barwadih coal mining project gets a new bio-methane plant

A bio-methane plant has been constructed at the National Thermal Power Corporation’s (NTPC) Pakri Barwadih coal mining project. The energy produced by this plant will be utilised to power the project’s canteen. The…