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India's first common testing centre for drones to come up in Tamil Nadu
Infrastructure - Aug 17,2023
The Tamil Nadu government will invest Rs 45 crore to establish India's first Common Testing Centre for Unmanned Aerial Systems (drones). This initiative, part of the TN Defence Industrial Corrido .

ONGC, four others vie for Fortum’s solar projects in India
Power Generation - Aug 17,2023
ONGC is vying with other companies, including Gentari, Sembcorp, Sekura Energy, and Actis, for ownership of Finnish utility Fortum Oyj's 185 MW Indian solar projects. The equity value of the deal .

Ola Electric to double current EV manufacturing capacity
Automotive Industries - Aug 17,2023
Ola Electric plans to double its electric vehicle production from one to two million units annually within 6 to 9 months. Founder Bhavish Aggarwal is optimistic about financial growth, with new and up .

SJVN Green Energy signs two pacts to supply 1,200 MW solar power to Punjab
Power Generation - Aug 17,2023
SJVN Green Energy Ltd (SGEL), a subsidiary of SJVN Ltd, has inked two Power Purchase Agreements (PPAs) to provide 1,200 MW of solar energy from its projects to Punjab State Power Corporation. The agre .

Caplin Point allocates Rs 550-crore for capital expenditures
Chemicals - Aug 16,2023
Chennai's Caplin Point Laboratories plans a 500-550 crore capex for expanding current capacity, broadening the product line, and achieving backward integration. The pharmaceutical company started .

Havells plans to establish refrigerator manufacturing facility in Rajasthan
Manufacturing - Aug 16,2023
Havells India aims to establish a refrigerator manufacturing plant in Ghiloth, Rajasthan, with a yearly capacity of 1 million devices. The project, requiring a 350 crore investment, anticipates comple .

Foxconn gets approval for $400 million investment in Telangana
Manufacturing - Aug 16,2023
Foxconn, a major electronics contract manufacturer, has received board approval for a $400 million investment in Telangana, where it is already constructing a $500 million manufacturing site. The tota .

Kochi Metro gets in-principle approval from WCD department
Infrastructure - Aug 16,2023
The land of the Government Children's Home in Kakkanad is set to be used for Kochi Metro's Phase-II projects after preliminary approval from the Women and Child Development department. Kochi .