SJVN reaches financial closure for two power projects

The 210 MW Luhri-1 Hydro Electric Project (Luhri HEP) in Himachal Pradesh and the 75 MW Parasaran Solar Power Project in Uttar Pradesh have both reached financial close with SJVN Limited. For the…

Kilitch Drugs India purchases 15 acres land in Khopoli

Kilitch Drugs India Limited has bought a 15-acre plot of land in Village Maldev, Taluka: Pen, on the Pen-Khopoli Highway to build a greenfield pharmaceutical facility. Kilitch has been a leading maker of…

Sanmina Corporation and Reliance to form a JV in manufacturing

Sanmina Corporation (NASDAQ: SANM) and Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), India’s largest private sector company, announced that they have agreed to form a joint…

construction of medical college and hospital in Satara

Maharashtra’s Public Works Department has issued a request for proposals for the development of a medical college and hospital in Satara. In Satara, the scope of work comprises the construction of a 100-student…

Daimler Truck establishes innovation and development centre in Bengaluru

Daimler Truck, a leading worldwide truck and bus manufacturer, has announced the opening of its Bengaluru-based innovation and development centre, the Daimler Truck Innovation Center India (DTICI). According to a release, the centre…

MG Motor to build EV charging infrastructure

MG Motor India established a new business, MG Charge, to construct electric car charging infrastructure, with the goal of installing 1,000 chargers in residential areas across India in 1,000 days. MG Motor India…

COAI and GSMA ink pact to improve mobile telecommunications

  COAI and GSMA, two industry groups, said that they had signed an agreement to improve mobile telecommunications in India and engage on “areas of common interest.” COAI Director-General S P Kochhar and…

Four Metro stations in UP to be completed by 2024

The Uttar Pradesh Metro Rail Corporation (UPMRC) is currently focused on the Metro construction work at Chunniganj and beyond, two months after the Kanpur Metro began commercial operations. Kanpur Metro currently runs on…