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Power Mech secures Rs 30,483 crore mine development project from SAIL
Mining - Aug 01,2023
State-owned steel producer SAIL has awarded Power Mech Projects a Rs 30,438 crore mine development and operation (MDO) project in Jharkhand. The project, located at Jharia Coal fields, will be led by .

Servotech Power to produce EV components with initial investment of Rs 30 cr
Power Generation - Aug 01,2023
Servotech Power Systems announced an initial investment of Rs 30 crore to produce EV charger parts and lithium-ion batteries. By March 2025, the total investment will reach Rs 300 crore, along with Te .

Hartek Solar secures Rs 80-crore contract for 22 MW floating solar plant on Bhakra Nangal reservoir
Power Generation - Aug 01,2023
Hartek Solar, a Chandigarh-based subsidiary, has been awarded an Rs 80 crore contract to construct a 22 MW floating solar plant on the Bhakra Nangal dam reservoir. Once commissioned in March 2024, it .

M&M to invest Rs 500 crore to strengthen its EV infra in Tamil Nadu
Automotive Industries - Aug 01,2023
Mahindra & Mahindra has increased its investment in Tamil Nadu's EV infrastructure by over 500 crore to accelerate the development of EV platforms for electric SUVs. They invested 210 crore to bu .

Government likely to give approval for chip fab project in next 2 months: Darshan Hiranandani
Manufacturing - Aug 01,2023
The Hiranandani real estate conglomerate, through its company Tarq Semiconductors, plans to venture into the semiconductor industry with a compound semiconductor fab project in Uttar Pradesh. The comp .

Toyota plans to establish ancillary manufacturing unit in India
Automotive Industries - Aug 01,2023
Toyota is considering establishing an auxiliary manufacturing facility in India to capitalize on New Delhi's emergence as a manufacturing hub and reduce dependence on China for supplies. The Japa .

Bajaj Auto increases push in EV market, lines up Rs 500-crore investments
Automotive Industries - Aug 01,2023
Bajaj Auto is intensifying its efforts in the electric vehicle (EV) market for both two-wheelers and three-wheelers. After evaluating product performance and customer reactions, the Pune-based company .

Maharashtra first 14 MW Integrated Waste to Energy Plant succesfully completed by Antony Waste
Power Generation - Aug 01,2023
Antony Waste, a leader in eco-friendly waste management solutions, has successfully completed the 14MW/1,000 TPD Integrated Waste to Energy Project in Moshi, Pimpri. This innovative project aligns wit .