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PEWIN plans to expand Sri City unit capacity four-fold by investing Rs 400 crore
Manufacturing - Nov 25,2024
Panasonic Electric Works India (PEWIN) will invest Rs 400 crore to quadruple its switch and socket production capacity in Sri City by 2030. The second phase will boost output from 10 to 20 million uni .

Avaada Group to invest Rs 5 800 crore in hydropower storage proj in Rajasthan
Power Generation - Nov 25,2024
Avaada Group will invest Rs 5,800 crore in a 1200 MW pumped hydropower storage project in Rajasthan's Sirohi district to enhance energy security and integrate renewable energy. Complementing its .

Jajpur’s NINL plant to expand operation to 9.5 MPTA
Metallurgical Industries - Nov 25,2024
Neelachal Ispat Nigam Ltd (NINL) in Kalinganagar, acquired by Tata Steel Long Products in 2022, plans to expand its crude steel production capacity from 0.981 MTPA to 9.5 MTPA. The project awaits envi .

HG Infra wins NTPC Vidyut Vyapar Nigam contract for battery energy storage systems
Power Generation - Nov 25,2024
HG Infra Engineering has received a ₹1,110 crore project from NTPC Vidyut Vyapar Nigam Ltd for the procurement and installation of 500 MW/1000 MWh standalone battery energy storage systems across In .

JSW Energy’s next big move in renewable sector revealed
Equipment - Nov 25,2024
JSW Energy plans to establish a wind turbine blade manufacturing facility in Karnataka with an estimated investment of $50 million. The plant will produce 400-500 turbines annually, reducing reliance .

NHAI to re-invite tenders for terminated projects: Gadkari
Infrastructure - Nov 25,2024
Union Minister Nitin Gadkari announced that the National Highways Authority of India (NHAI) will invite fresh tenders for terminated highway projects in Punjab. The projects, totaling Rs 3,264 crore, .

LG Electronics to establish third manufacturing plant in India
Manufacturing - Nov 22,2024
LG Electronics plans to expand its manufacturing footprint in India with a third factory, its first major expansion since 2006. This move responds to rising domestic demand for home appliances. LG&apo .

IHG to Open Holiday Inn Resort Dharamshala by 2027
Hospitality and Healthcare - Nov 22,2024
IHG Hotels and Resorts has partnered with Aaraki Hotels and Resorts to open the Holiday Inn Resort Dharamshala in Q3 2027. The 150-room resort will cater to both domestic and international travelers, .