National High-Speed Rail Corporation has signed an agreement with a consortium led by Sojitz Corporation and Larsen and Toubro (L&T) for the design and construction of Sabarmati Depot consisting of Workshop, Inspection Sheds,…
In an NCLT-led resolution process, Shyam Metalics and Energy Ltd claimed to have entered the stainless steel industry by acquiring Mittal Corp Ltd. According to Shyam Metalics vice-chairman and managing director Brij Bhusan…
Schneider Electric announced plans to spend Rs 425 crore to build a new smart plant in Bengaluru. “The new smart facility will consolidate 6 out of 10 existing factories of the company in…
India Grid Trust and G R Infraprojects have joined hands to bid for identified power transmission projects worth Rs 5,000 crore. “India Grid Trust (IndiGrid), India’s first listed power sector infrastructure investment trust…
India’s first large-sized monocrystalline silicon ingot is now available thanks to Adani Solar, the Adani Group’s subsidiary for photovoltaic manufacture and research. The silicon-based photovoltaic (PV) modules’ efficiency will range from 21 to…
The Yamuna Expressway Industrial Development Authority (YEIDA) reported that some Apple suppliers have applied for land with the authority, with a proposed investment of Rs 2,800 crore while generating thousands of jobs. This…
Azad Engineering laid the foundationstone for an exclusive manufacturing plant for Mitsubishi Heavy Industries of Japan at Tunikibollaram close to Medchal (MHI). According to Rakesh Chopdar, Managing Director of Azad Engineering, the company…
Solar equipment manufacturer Waaree announced that it would increase its module production capacity from nine GW to 12 GW by March 2023. A 9 GW module production plant is currently in use by…
Ajay Agarwal of the Shubhalakshmi Group has joined up with businessman Balasaheb Darade and angel investor Gopi Latpate to get into coal gasification. The three, together with other domestic and international investors, are…
Central public sector undertaking, Indian Oil Corporation has approved the investment proposal of more than ₹4000 Crore in Gujarat for a PVC (polyvinyl chloride) manufacturing facility. According to sources, the Corporation board approved…
Memsift Innovations, a Singapore-based business that treats industrial liquid waste, has won a contract from India to construct a resource recovery facility for the manufactured fibres (MMF) industry using their upgraded membrane distillation…
The West Bengal Power Development Corporation Limited (WBPDCL) and Maharashtra Power Generation Corporation Limited (MAHAGENCO) have each placed orders with Isgec for Dry Sorbent Injection (DSI) System Packages for their respective 2 x…
Inventys Research Company, a manufacturer of custom chemicals, recently revealed its expansion intentions. A substantial debt-free capacity will be installed by Inventys on a 17-acre greenfield site at MIDC Butibori, Nagpur. Over the…
Prayagraj region has established a record in Uttar Pradesh by signing memoranda of understanding (MoUs) totaling 37,512 crore, 200% of the overall investment target set for the current fiscal year against a target…
A Memorandum of Understanding (MoU) for investment in infrastructure development in the southern state of Tamil Nadu was signed by the National Investment and Infrastructure Fund Ltd (NIIFL) and the Tamil Nadu Infrastructure…
A contract order/letter of acceptance (LoA) worth Rs 442 crore was issued by the South Western Railway (SWR) of Indian Railways to Varindera Construction Pvt. Ltd. for the redevelopment of Bengaluru Cantonment Railway…