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Prestige Estates inks pact with Marriott for 6 hotels in India
Hospitality and Healthcare - Mar 21,2024
Prestige Estates Projects and Marriott International are collaborating on six hotel projects in India, to be completed within two to five years. With an investment of approximately Rs 1,000 crore, the .

NexGen Energia to invest Rs 1,000 cr for setting up EV unit in J&K
Automotive Industries - Mar 20,2024
Noida-based NexGen Energia plans to invest Rs 1,000 crore in an EV manufacturing unit in Jammu and Kashmir, aiming to support 'Make in India' and self-reliance goals. The company seeks 100 a .

Avaada Inclean signs pact with DVC to supply power from 421 MW solar project
Power Generation - Mar 20,2024
Avaada Inclean, an arm of Avaada Energy, has partnered with Damodar Valley Corporation (DVC) to supply electricity from its 421 MW solar project in Gujarat. The project aims to set up a solar photovol .

MPIDC to establish CEPT at a cost of Rs 24.6 crore
Environment - Mar 20,2024
Madhya Pradesh Industrial Development Corporation (MPIDC) is establishing a 5.2 MLD capacity common effluent treatment plant (CEPT) costing Rs 24.6 crore in Vikram Udyogpuri, Ujjain. MPIDC aims to pro .

Digital Edge to invest Rs 1,400 crore for data centre in Maharashtra
Infrastructure - Mar 20,2024
Digital Edge DC (India), supported by NIIF, will invest Rs 1,400 crore for a Navi Mumbai data center, initially at 15 MW capacity. Plans include scaling up to 300 MW in phases. SBI provides a term loa .

Torrent Power bags 300 MW grid-connected wind solar hybrid project
Power Generation - Mar 20,2024
Torrent Power secured an order to establish a 300 MW grid-connected wind solar hybrid project, obtaining the Letter of Award from its distribution unit. The project, with a tariff set at ₹3.65/kWh f .

ARS Group to operationalise TMT bars expanded capacity by June 2024
Metallurgical Industries - Mar 20,2024
ARS Steels and Alloy International (ARS Group) targets June 2024 for the launch of its expanded TMT bars capacity. The group secured environmental clearance for its Rs 100-crore expansion project in G .

KCP Group plans to expand capacity
Building Materials - Mar 18,2024
Chennai's KCP Group plans to expand cement capacity with a new plant in Andhra Pradesh, doubling output once operational. Chairperson VL Indira Dutt stated the project could complete within 18– .