EoIfor Rs 17,000 crore transhipment port in Nicobar Islands by January end

The Expression of Interest (EoI) for the proposed International Container Transshipment Terminal at Galathea Bay in Great Nicobar Island is anticipated to be floated by Syama Prasad Mookerjee Port (SMP), Kolkata (previously Kolkata…

IIFCL extends Rs 6,630 crore loan for development of airports

India Infrastructure Finance Company Limited (IIFCL) managing director P R Jaishankar said that the company has provided a credit of Rs 6,630 crore for the construction of six significant airports around the nation…

RailTel secures Rs 170.11 crore contract from Puducherry government

The Department of Revenue and Disaster Management, Government of Puducherry, has issued a work order to RailTel Corporation of India Ltd, a Mini Ratna Public Sector Unit (PSU) under the Ministry of Railways,…

Siemens signs Rs 26,000 crore locomotive order with Indian Railways

Siemens, a leading manufacturer of capital goods, announced that it has signed a contract worth Rs 26,000 crore to produce 1,200 electric freight locomotives for the Indian Railways. The contract, which will be…

EXZOD to establish a new manufacturing plant in Hyderabad

EXZOD India will set up a manufacturing plant in Hyderabad to serve its clients in Southern India. EXZOD has three other manufacturing units in Punjab, Maharashtra and Haryana equipped with state-of-the-art automatic pallet…

L&T inks MoU with Norway-based firm to develop floating green ammonia projects

Larsen & Toubro (L&T) said that it has signed a pact with Norway-based H2Carrier (H2C) to develop floating green ammonia projects for industrial-scale applications. Under this Memorandum of Understanding (MoU), L&T will become…

Waaree Renewable secures LoA for 7 MW solar power plant

Waaree Renewable Technologies said that one of India’s top construction companies has given them a letter of award (LoA) for the construction of a 7 MW solar power plant. A letter of award…

Adani to invest Rs 600 billion in MP over the next few years

The Adani Group will invest more than Rs 600 billion in a number of Madhya Pradesh sectors, which will result in the creation of thousands of new jobs. At the seventh Madhya Pradesh…

Hindware JV establishes Rs 210 crore geyser plant at Jadcherla

Hintastica Private Limited, a 50/50 joint venture between Groupe Atlantic and Hindware Home Innovation Limited, officially opened a new production facility at Jadcherla with an investment of Rs. 210 crore. The facility would…

Ceat to invest in off-highway tyres: AnantGoenka

Ceat is planning to invest in the off-highway tyres segment.  Ceat MD, AnantGoenka feels that Agricultural activity gets less impacted compared to industrial activity even during a recession. “We are the only tyre…

Rama Steel Tubes signs MOU with UP government for new unit

Rama Steel Tubes has signed a Memorandum of Understanding (MOU) with the Government of Uttar Pradesh for the establishment of a Steel Processing Unit, including MS Pipes, STP Poles, GI Pipes, CR Coils,…

Linde commences construction of its new air separation plant at Ludhiana

In Ludhiana, Punjab, Linde India Ltd. officially started work on the mechanical construction of its planned Air Separation unit. In addition to delegates from InvestPunjab, important industrial and healthcare customers, Moloy Banerjee, Head…

ShyamMetalics implements 1.2 MT of pellet capacity 8 months ahead of schedule

With a concentration on long steel products and ferro alloys, ShyamMetalics and Energy Limited (SMEL), a prominent integrated metal producing firm with headquarters in India, has begun the new year on a promising…

L&T & J Kumar Infraprojects submits technical bids for Nariman Point–Cuffe Parade Bridge

The civil construction of a new bridge between Nariman Point and Cuffe Parade was the subject of proposals from Larsen and Toubro and J Kumar Infraprojects after the Mumbai Metropolitan Region Development Authority…

Adani Group to invest Rs 60,000 crore in Madhya Pradesh

The Adani Group will spend more than Rs 60,000 crore in a number of Madhya Pradesh industries, resulting in the creation of thousands of new employment. At the seventh Madhya Pradesh Global Investors…

India to seek bids to set up green hydrogen plants by May: Sources

India would by May request bids for subsidies for the establishment of green-hydrogen manufacturing and utilisation centres, fertiliser and steel facilities based on the fuel, and factories for making electrolysers, according to sources….