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Infrastructure Sector News & Updates - July 17, 2024

Covestro inaugurates Polyol Tank Farm in Kandla
Infrastructure   -  Jul 12,2024
Covestro (India) inaugurated its Polyol Tank Farm in Kandla, Gujarat, enhancing supply chain resilience and efficiency. This facility stores polyols, crucial for its Performance Materials Business, re .

Oriental Rail Infra arm secures Rs 432 crore order from Indian Railways
Infrastructure   -  Jul 12,2024
Oriental Rail Infrastructure's subsidiary, Oriental Foundry Private Ltd, secured a Rs 432.16 crore order from Indian Railways to manufacture and supply 1,200 BVCM-C wagons. Payment terms stipulat .

Brookfield announces strategic investment in TN-based Leap Green Energy
Infrastructure   -  Jul 12,2024
Brookfield, a Canadian asset management firm, has invested $550 million in Leap Green Energy, focusing on renewables in Tamil Nadu. This includes an initial $200 million with plans for an additional $ .

Adani Ports to invest $1.2 billion in new transshipment terminal
Infrastructure   -  Jul 12,2024
Adani Ports and Special Economic Zone plans a $1.20 billion investment to expand Vizhinjam port in Kerala by 2028. Located strategically, the port aims to attract major container lines like Maersk, MS .

Coal India and BHEL firm up gasification plans
Infrastructure   -  Jul 12,2024
Coal India Limited (CIL) and Bharat Heavy Electricals Limited (Bhel) have formed Bharat Coal Gasification and Chemicals Ltd. (BCGCL) to venture into coal gasification and coal-to-chemicals. With an es .

Siemens-RVNL consortium bags Rs 766 crore order
Infrastructure   -  Jul 12,2024
Siemens, in partnership with RVNL, secured a Rs 766 crore contract from BMRCL for electrifying Bengaluru Metro Phase-II. Siemens' share amounts to approximately Rs 558 crore, covering design, eng .

K&R Rail Engineering signs MoU for composite sleeper plant in Madhya Pradesh
Infrastructure   -  Jul 11,2024
K&R Rail Engineering Ltd has partnered with UNECO Co. Ltd to establish a Composite Sleeper Plant in Nagarnar, Madhya Pradesh, costing Rs. 400 crore. This facility aims to serve Indian Railways, DFCC/M .

ONGC to invest Rs 2 lakh crore to achieve net-zero carbon emission by 2038
Infrastructure   -  Jul 11,2024
ONGC plans to achieve net-zero carbon emissions by 2038 with Rs 2 lakh crore investments. By 2030, they aim to establish 5 GW of renewable energy capacity and eliminate gas flaring. Investments includ .

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