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GAIL exploring to set up a world scale greenfield ethane cracker plant: CMD
Petroleum - Aug 29,2024
At its 40th AGM, GAIL (India) Ltd. Chairman Sandeep Kumar Gupta announced plans to explore a greenfield ethane cracker. GAIL aims to enhance its petrochemical business with projects like the 500 KTA P .

REC inks pact with JNPA for financing projects up to Rs 45,000 crore
Infrastructure - Aug 28,2024
REC Limited signed an MoU with Jawaharlal Nehru Port Authority (JNPA) to fund up to Rs 45,000 crore for JNPA's infrastructure projects, including Vadhavan port development. The agreement, signed .

Vedanta mulls setting up not-for-profit industrial parks
Infrastructure - Aug 28,2024
Vedanta Ltd plans to establish two industrial parks for aluminium and zinc/silver, announced Chairman Anil Aggarwal. The parks, to be created on a not-for-profit basis, aim to scale various sectors. V .

MRPL commissions marketing terminal in Bengaluru
Chemicals - Aug 28,2024
Mangalore Refinery and Petrochemicals (MRPL) has launched a new marketing terminal in Bengaluru, Karnataka, to improve the distribution of petrol, diesel, and aviation turbine fuel (ATF). The terminal .

AM Green lines up investment for one MT green ammonia project
Power Generation - Aug 28,2024
AM Green Ammonia is investing Rs 13,000-15,000 crore (USD 1.5 billion) in a green ammonia project in Kakinada, Andhra Pradesh. The investment, split equally between equity and debt, includes funding f .

PMC to construct super specialty hospital in Naini
Hospitality and Healthcare - Aug 28,2024
The Prayagraj Municipal Corporation (PMC) plans to build a Rs 65.98 crore super specialty hospital in Naini. Recent decisions include allocating Rs 100 crore for city road improvements, Rs 200 crore f .

Rithwik-Soma JV gets LOA for construction of Dongri Depot
Infrastructure - Aug 27,2024
MMRDA awarded a Rs. 701.94 crore contract to Rithwik-Soma JV for constructing the Dongri Depot on Mumbai Metro's Red Line (Lines 7, 7A, 9). The 41.36-hectare facility will support train stabling .

NHDPL, Wyndham partner to open Ramada Resort & Residences in Nainital
Hospitality and Healthcare - Aug 27,2024
Naini Habitat Developers (NHDPL) partners with Wyndham Hotels & Resorts to open Ramada Resort and Residences in Nainital, Uttarakhand, by 2027. The 155-key resort, set on eight acres near Kainchi Dham .