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NHPC to raise Rs 2,300 crore to fuel its expansion plans
Power Generation - Sep 26,2024
NHPC plans to raise approximately Rs 2,300 crore this financial year, exceeding its initial target of Rs 2,000 crore, to support expansion under the Union government's monetisation strategy. The .

Cabinet approves 2 green hydrogen units in MMR
Power Generation - Sep 26,2024
The Maharashtra Cabinet has approved the establishment of two green hydrogen production units in the Mumbai Metropolitan Region (MMR), with a capacity of 10 to 15 KTPA. These units will act as anchor .

Foxconn, Stellantis JV set up R&D for auto semiconductors tech in India
Research and Development - Sep 26,2024
Foxconn-backed SiliconAuto has launched a research and development center in Bengaluru, focusing on semiconductor product design and system-on-chip development for the automotive sector. The joint ven .

Hindalco plans to enter solar module manufacturing
Power Generation - Sep 25,2024
Hindalco Industries, part of the Aditya Birla Group, plans to enter solar module manufacturing with a plant in Mundra, Gujarat. The company is developing a five-year strategy in this competitive secto .

Power Grid wins transmission project in Gujarat
Power Generation - Sep 25,2024
Power Grid Corporation of India (POWERGRID) has won a transmission project under tariff-based competitive bidding. The project involves installing STATCOMs at Khavda Pooling Stations 1 and 3 in Gujara .

PM Modi launches GSECL’s 15 MW solar power project in Morbi
Power Generation - Sep 25,2024
Prime Minister Narendra Modi inaugurated a 15 MW solar power project in Morbi, Gujarat, developed by GSECL at a cost of ₹94.5 crore. The project will generate 30.88 million units annually, reducing .

JSW is moving its mega EV bet to Maharashtra
Automotive Industries - Sep 25,2024
The JSW group plans to relocate its Rs 40,000-crore electric vehicle (EV) and battery project from Odisha to Maharashtra, specifically considering Aurangabad and Nagpur. This decision follows a memora .

Jindal India to invest Rs 1,500 crore to expand production capacity
Metallurgical Industries - Sep 25,2024
Jindal India plans to invest Rs 1,500 crore to increase its annual production capacity to 1.6 million tonnes, focusing on coated flat products, pipes, and crash barriers. This expansion, representing .