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NLC’s methanol plant targets to conserve Rs 1,000 crore annually in crude oil imports
Infrastructure - Dec 28,2023
NLC India is embarking on a Rs 4,350 crore lignite-to-methanol plant, led by Chairman M Prasanna Kumar. The plant aims to save Rs 1,000 crore annually in crude oil imports, producing 400,000 tonnes of .

UP CM Yogi reviews draft of Green Hydrogen Policy
Infrastructure - Dec 28,2023
Uttar Pradesh Chief Minister Yogi Adityanath has instructed officials to implement the Green Hydrogen Policy-2023 to promote clean energy production. Emphasizing the importance of green hydrogen in ac .

Suzlon announces new project of 100.8 MW from Mahindra Susten
Infrastructure - Dec 28,2023
Suzlon Group has secured an order from Mahindra Susten Private Limited for a 100.8 MW wind power project in Maharashtra. The project will feature 48 units of Suzlon's S120 - 140m wind turbine gen .

Petronet LNG inks binding transaction documents with Gopalpur Ports
Infrastructure - Dec 28,2023
Petronet LNG Ltd has finalized key agreements with Gopalpur Ports Limited to establish a Floating Storage Regasification Unit (FSRU) based LNG terminal with an initial capacity of around 4 MMTPA (Phas .

IRB Infra SPV gets appointed date for Samakhiyali Santalpur BOT Project
Infrastructure - Dec 28,2023
IRB Infrastructure Developers Limited's SPV Samakhiyali Tollway Private Limited has received the Appointed Date from the National Highways Authority of India (NHAI), allowing the commencement of .

Tower Semiconductors resubmits proposal to establish fabrication unit in India
Infrastructure - Dec 27,2023
Israel's Tower Semiconductors resubmits proposals for 65nm and 40nm chips to establish a semiconductor fabrication unit in India. The company faces potential legal action from former joint partne .

Adani Energy Solutions receives LoI for acquisition of Halvad Transmission
Infrastructure - Dec 27,2023
Adani Energy Solutions Limited (AESL) has been awarded the Letter of Intent for acquiring Halvad Transmission Ltd. from PFC Consulting Limited. The special purpose vehicle (SPV) aims to evacuate 7 GW .

Nexzu Mobility to build smart EV park in Gujarat
Infrastructure - Dec 26,2023
Nexzu Mobility will establish a Rs 5,000 crore Smart EV Park in Gujarat, creating over 5,000 jobs in the next decade. The company has signed an MoU with the State government to support OEMs, battery m .