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Leading power company to invest Rs 400 crore in capacity expansion
Infrastructure - Jul 06,2023
CG Power and Industrial Solutions, a member of the Murugappa Group, will invest Rs 400 crore in capacity expansion over the next two years. The company is now debt-free and has started paying dividend .

Top Power bags Rs 1,744-crore smart metering project
Power Generation - Jul 06,2023
Tata Power has been awarded a smart metering project worth Rs 1,744 crore in Chhattisgarh. The project, granted by Chhattisgarh State Power Distribution Company Limited, will be carried out over 10 ye .

Andhra Pradesh Chief Minister presides over ground breaking ceremony of New unit of popular company
Food Processing - Jul 06,2023
Andhra Pradesh Chief Minister YS Jagan Mohan Reddy led the groundbreaking ceremony for the Amul Chittoor Dairy in Chittoor. The project revives the dormant Chittoor Cooperative Dairy and brings in a .

Ports in Tamil Nadu, Gujarat to be developed as hydrogen hubs
Environment - Jul 06,2023
The VO Chidambaranar Port in Tamil Nadu and the Deendayal Port in Gujarat, both located in India, are being developed as hydrogen hubs to promote the use of green fuel. The shipping ministry has reque .

Construction for India's first semiconductor assembly to commence in August
Manufacturing - Jul 05,2023
India is set to begin construction on its first semiconductor assembly facility in August. By the end of 2024, the country aims to start producing its own microchips. Micron Technology, a US-based sem .

Fourth extension made for manufacturing heavy-duty gas turbines in India
Infrastructure - Jul 05,2023
GE Vernova's Gas Power business and Bharat Heavy Electricals (BHEL) have announced the fourth extension of their Technical Assistance and Licence Agreement. The agreement aims to expand BHEL&apos .

Pharma company to invest RS 330 crore in development and research facility
Chemicals - Jul 05,2023
Aurigene Pharmaceutical Services, a subsidiary of Dr. Reddy's Laboratories, plans to invest 330 crore in a new facility in Genome Valley, Hyderabad. The facility will focus on therapeutic protein .

REC to lend Rs 4,785 crore for refinery project in Rajasthan
Petroleum - Jul 05,2023
REC Limited will lend HRRL (a partnership between Hindustan Petroleum Corporation Ltd. and the Rajasthan government) Rs 4,785 crore for their project in Barmer, Rajasthan. HRRL is establishing a green .