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Kone India to begin production of escalators at Sriperumbudur unit
Manufacturing - Dec 21,2023
Kone Elevator India will commence escalator manufacturing at its Sriperumbudur unit in the first half of 2024 as part of its expansion program. The managing director, Amit Gossain, highlighted the ong .

MRPL to produce green aviation fuel
Petroleum - Dec 21,2023
Mangalore Refinery and Petrochemicals (MRPL) plans to establish a 20 KLPD sustainable aviation fuel (SAF) plant within two years, pending necessary board approvals. Estimated at Rs 450 crore, the plan .

MMRDA floats tender for construction of elevated metro stations in Mumbai
Infrastructure - Dec 20,2023
The Mumbai Metropolitan Region Development Authority (MMRDA) has opened bids for the construction of an elevated viaduct and stations for the Mumbai Metro rail project. The scope includes designing an .

JTL board approves Rs 1,200 crore investment plan
Manufacturing - Dec 20,2023
JTL Industries Ltd has approved a Rs 1,200 crore investment in its subsidiary, JTL Tubes Ltd, to establish a project in Maharashtra. The steel pipes maker plans to fund the investment through internal .

GMDC to spend Rs 900 crore for developing fiirst underground copper mine in Gujarat
Infrastructure - Dec 20,2023
Gujarat Mineral Development Corporation (GMDC) intends to invest Rs 900 crore in developing its first underground copper mine near Ambaji town in North Gujarat. The proposed mine, spanning 184 hectare .

NHAI floats tender for four-laning from Tamil Nadu-Andhra Pradesh border to Puttu section
Infrastructure - Dec 20,2023
The National Highways Authority of India (NHAI) has issued a tender for the widening of the existing two-lane to four-lane section from the Tamil Nadu-Andhra Pradesh border to Puttu. The project invol .

AAI invites bids for development of International airport at Varanasi
Infrastructure - Dec 20,2023
The Airports Authority of India has issued a tender for the comprehensive development of Lal Bahadur Shastri International Airport in Varanasi, Uttar Pradesh. Valued at Rs 995.08 crore, the project in .

Vikram Solar, DFC ink retainer letter for $200 million funding
Manufacturing - Dec 20,2023
Vikram Solar Ltd has secured a $200 million funding commitment from the US International Development Finance Corporation (DFC) for its 3 GW cell and module manufacturing plant in Gangaikondan, Tamil N .