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RfP issued for development of convention centre in Visakhapatnam
Infrastructure - May 28,2024
Visakhapatnam Metropolitan Region Development Authority (VMRDA) seeks proposals for a convention center project in Vizag, featuring a 5-star hotel, waterfront entertainment, and convention hall. The d .

Nephro Care India plans to raise Rs 35-40 crore via IPO
Hospitality and Healthcare - May 27,2024
Nephro Care India Ltd aims to raise Rs 35-40 crore through an IPO for its multi-speciality hospital near Kolkata. The IPO will offer 45.84 lakh equity shares. The hospital, costing Rs 36 crore, will o .

Tata Power seeks $1 billion loan for clean energy projects
Power Generation - May 27,2024
Tata Power Company, a Tata Group subsidiary, aims to secure up to $1 billion for clean energy projects, potentially the largest local currency loan in India this year. Discussions involve lenders like .

Adani Solar to steer business expansion in Kerala
Power Generation - May 27,2024
Adani Solar partners with Almiya Group for Kerala market expansion, installing a 225-MW solar plant in Purapura. They've set up a warehouse in Coimbatore for efficient panel delivery. Adani Solar .

Waaree bags order for supply of 445 MW of solar modules
Power Generation - May 27,2024
Waaree Energies secures a 445 MW solar module order from Statkraft India for projects in Bikaner, Rajasthan. Delivery scheduled between May and August 2024. Additionally, they partnered with Ecofy for .

Hindalco bidding for two nickel, cobalt mines in Maharashtra, Karnataka: MD
Metallurgical Industries - May 27,2024
Hindalco Industries bids for nickel-cobalt mineral blocks in Maharashtra and Karnataka, focusing on India's mineral resources. Managing Director Satish Pai states the company's shift towards .

Rane Group charts a 3-year capex of ₹1,000 crore on surging order book
Building Materials - May 27,2024
Rane Group plans a Rs.1000 crore capex over 3 years, buoyed by rising new business orders. FY24 saw record revenue of Rs.7200 crore, with over Rs.1000 crore in new orders. Focus on portfolio rebalanci .

L&T, IRCON, among lowest bidders for 96.4 km Phase-1 of Virar-Alibaug Multi-Model Corridor Project
Infrastructure - May 27,2024
Seven engineering companies, including L&T and IRCON International, are the lowest bidders for Phase 1 of the Virar-Alibag Multimodal Corridor (VAMC) in Maharashtra. MSRDC awarded 11 contracts for the .