Hardeep Singh Puri inaugurates Asia’s largest Compressed Bio Gas plant

Union Minister of Petroleum and Natural Gas Hardeep Singh Puri inaugurated Asia’s largest Compressed Bio Gas (CBG) plant in Lehragaga, in Punjab’s Sangrur. Addressing the inaugural event of the CBG plant, Puri said the plant in Sangrur is just the... Read more

West Bengal Medical Services invites bids for construction of Mother and Child hub

For the construction of building a Mother & Child Hub at the Rampurhat Government Medical College & Hospital in the state of West Bengal, the West Bengal Medical Services Corpn. (WBMSCL) has issued an invitation for bids. The scope of... Read more

Grasim Industries to invest Rs 3,117 crore

Grasim Industries‘ chairman, Kumar Mangalam Birla, the Aditya Birla Group’s flagship company will invest Rs 3,117 crore in its current operations in FY23. This investment would go toward upgrading and expanding plant capacity. Speaking to the company’s shareholders, Birla stated,... Read more

External Commercial Borrowings – August 2022 – Financial Services

Borrowing Company : Fullerton India Credit Co. Ltd. Economic / Industrial Activity : Financial service activities, except insurance and pension funding Loan Amount in USD : 35,00,00,000 Purpose of ECB loan : On-lending/Sub-lending. Loan Tenure : 5 years Lender Category... Read more

External Commercial Borrowings – August 2022 – Energy & Utilities Projects

Borrowing Company : Elephant Energy Private Limited Economic / Industrial Activity : Electricity, gas, steam and air conditioning supply Loan Amount in USD : 10,00,000 Purpose of ECB loan : Local Sourcing of Capital Goods (Rupee Expenditure) Loan Tenure :... Read more

External Commercial Borrowings – August 2022 – Education Projects

Borrowing Company : Downdog India Private Limited Economic / Industrial Activity : Education Loan Amount in USD : 2,52,834 Purpose of ECB loan : Working Capital Loan Tenure : 5 years 10months Lender Category : Foreign Collaborator / Foreign Equity... Read more

External Commercial Borrowings – August 2022 – Software Consultancy

Borrowing Company : SNFL Cloudtech India Private Limited Economic / Industrial Activity : Computer programming, consultancy and related activities Loan Amount in USD : 50,00,000 Purpose of ECB loan : Local Sourcing of Capital Goods (Rupee Expenditure) Loan Tenure :... Read more

External Commercial Borrowings – August 2022 – Air Transport

Borrowing Company : Tata Sia Airlines Limited Economic / Industrial Activity : Air transport Loan Amount in USD : 3,60,00,000 Purpose of ECB loan : Import of Capital Goods Loan Tenure : 12 years Lender Category : Leasing Company Month... Read more

New Projects by Enveda Therapeutics India, Bharat Oman Refineries, Glensky Spirits,

Enveda Therapeutics India’s New Pharmaceutical Formulation Unit Enveda Therapeutics India is planning to take up new pharmaceutical formulation unit in Lalgadimalakpet, Shamirpet, Medchal-Malkajgiri, Telangana. The project involves establishment of pharmaceutical formulation unit of investigation towards the development of drugs and... Read more

External Commercial Borrowings – August 2022 – Hospitality

Borrowing Company : AHS Hospitality India Private Limited Economic / Industrial Activity : Accommodation Loan Amount in USD : 1,20,000 Purpose of ECB loan  : Working Capital Loan Tenure : 8 years 11 months Lender Category : Foreign Collaborator /... Read more