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Paradeep Phosphates Limited signs MoU with Government of Odisha
Manufacturing - Feb 06,2025
Paradeep Phosphate Ltd. (PPL) plans to invest Rs 4,000 crore ($440 million) over five years to enhance its phosphatic fertilizer production and sustainability efforts. This will increase employment, i .

AUDA floats two tenders for SP Ring Road six-laning project
Infrastructure - Feb 05,2025
The Ahmedabad Urban Development Authority (AUDA) has invited bids to upgrade SP Ring Road from four to six lanes, costing Rs 2,200 crore. The project is divided into two packages: one for 37 km in the .

Solar cell developer Art-PV receives grant from MNRE
Power Generation - Feb 05,2025
Art-PV, incubated at IIT Bombay, received a USD 10 million grant from MNRE to build a manufacturing plant for high-efficiency tandem solar cells. Their innovation achieves 29.8% sunlight-to-electricit .

46 companies including Jindal, Adani and JSW bid for 20 coal mines
Metallurgical Industries - Feb 05,2025
A total of 46 companies have bid for 20 out of 27 coal mines in the 11th round of commercial coal mine auctions. Over 15 new companies, including a Coal India subsidiary, participated. Notable bidders .

Texmaco Rail plans expansion into Metro Coach Manufacturing
Infrastructure - Feb 05,2025
Texmaco Rail and Engineering plans to enter the passenger mobility sector, focusing on metro coach production in the upcoming financial year. The company, based in Kolkata, is exploring options for ma .

Tube Investments to invest Rs 170 crore for fine blanking business expansion
Manufacturing - Feb 05,2025
Tube Investments of India (TII), part of the Murugappa Group, will invest Rs 170 crore to expand its fine blanking business through greenfield and brownfield projects. A new facility will be set up in .

Welspun New Energy to invest Rs 13.5k crore in clean energy projects in Odisha
Power Generation - Feb 05,2025
Welspun New Energy has signed an agreement with the Odisha government to invest Rs 13,500 crore in two clean energy projects: a 1,200 MW pumped hydro project and a 1,000 MW floating solar power projec .

JTL Industries to set up lattice tower production plant in Punjab
Manufacturing - Feb 05,2025
JTL Industries will set up a new greenfield facility in Punjab to manufacture lattice towers for sectors like telecom, building materials, and railways. The 12-acre project will have a monthly product .