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Oriental Rail Infra arm secures Rs 432 crore order from Indian Railways
Manufacturing - Jul 12,2024
Oriental Rail Infrastructure's subsidiary, Oriental Foundry Private Ltd, secured a Rs 432.16 crore order from Indian Railways to manufacture and supply 1,200 BVCM-C wagons. Payment terms stipulat .

JSP to establish world’s largest steel plant in Angul by 2030
Metallurgical Industries - Jul 12,2024
Jindal Steel and Power (JSP) plans to expand its Angul steel facility to 12 MTPA by next year from the current 6 MTPA capacity. Chairman Naveen Jindal announced ambitions to establish the world’s la .

Hindustan Zinc receives RE supply from Serentica’s solar project
Power Generation - Jul 12,2024
Hindustan Zinc has initiated the first phase of integrating renewable energy from Serentica Renewables, starting with 180 MW of solar power for its Rajasthan units. With plans to receive 450 MW of rou .

BPCL ready to invest Rs 1 lakh crore in Andhra Pradesh
Petroleum - Jul 12,2024
Andhra Pradesh Industries Minister TG Bharat announced that Bharat Petroleum Corporation Ltd (BPCL) plans to invest Rs 1 lakh crore in the state, primarily for setting up an oil refinery. Initially, B .

Coal India and BHEL firm up gasification plans
Chemicals - Jul 12,2024
Coal India Limited (CIL) and Bharat Heavy Electricals Limited (Bhel) have formed Bharat Coal Gasification and Chemicals Ltd. (BCGCL) to venture into coal gasification and coal-to-chemicals. With an es .

Siemens-RVNL consortium bags Rs 766 crore order
Infrastructure - Jul 12,2024
Siemens, in partnership with RVNL, secured a Rs 766 crore contract from BMRCL for electrifying Bengaluru Metro Phase-II. Siemens' share amounts to approximately Rs 558 crore, covering design, eng .

ONGC to invest Rs 2 lakh crore to achieve net-zero carbon emission by 2038
Power Generation - Jul 11,2024
ONGC plans to achieve net-zero carbon emissions by 2038 with Rs 2 lakh crore investments. By 2030, they aim to establish 5 GW of renewable energy capacity and eliminate gas flaring. Investments includ .

Aegis Vopak Terminals seeks funding to fuel expansion in India
Chemicals - Jul 11,2024
Aegis Vopak Terminals Ltd. (AVTL), a joint venture between Aegis Group and Royal Vopak, plans to expand its storage facilities in India for LPG and chemicals. With 1.5 million cubic meters of capacity .