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Latest News - March 12, 2026


Oil India's subsidiary to build major aviation fuel plant in Odisha
Petroleum   -   Jun 04,2025
Numaligarh Refinery Limited (NRL), a subsidiary of Oil India, plans a 200 KTPA aviation fuel plant in Odisha as part of its net-zero initiative targeting 2040. With 7% annual growth, domestic demand i...


HPCL Renewables & Green Energy floats tender for PMC services for CBG plants
Power Generation   -   Jun 04,2025
HPCL Renewable & Green Energy (HPRGE) has invited bids for a project management consultant (PMC) to establish compressed biogas (CBG) plants at Sangrur I and Barnala Tapa 1 in Punjab. The PMC will han...


Economist Chetan Ahya expects two RBI rate cuts ahead
Manufacturing   -   Jun 04,2025
Morgan Stanley’s Chief Asia Economist, Chetan Ahya, said RBI may cut interest rates twice but not aggressively, as India’s growth remains reasonable. Adjusted GDP growth is 6.8%. Despite global sl...


Damodar Valley Corporation to issue LoA for coal-fired power project
Power Generation   -   Jun 03,2025
Damodar Valley Corporation and Coal India are jointly developing a 1,600 MW ultra-supercritical coal power project at Chandrapura, Jharkhand. A Letter of Award is expected by end-2025, with commission...


NDR Warehousing forays into Kerala to establish storage space
Infrastructure   -   Jun 03,2025
Chennai-based NDR Warehousing is expanding into Kerala with a ₹250 crore investment for a 5-lakh sq ft Grade A storage facility near Aluva. The 16-acre land was acquired through two SPVs: NDR Storew...


KICL inks LoI with Sharjah company to explore joint partnership
Environment   -   Jun 03,2025
Kothari Industrial Corporation Limited (KICL) has signed a Letter of Intent with Sharjah Environment Company LLC to explore a joint venture in Chennai for environmental and waste management services. ...


Indian Oil finalises India's largest green hydrogen project at Panipat
Petroleum   -   Jun 03,2025
Indian Oil Corporation (IOC) will establish a 10,000 TPA green hydrogen unit at its Panipat refinery, marking India’s largest green hydrogen project. Set for commissioning by December 2027, it will ...


Bharat Coking Coal floats tender for setting up washery in Jharkhand
Petroleum   -   Jun 03,2025
Bharat Coking Coal Ltd (BCCL) has invited expressions of interest for establishing a 2.0 MTPA coal washery at Bhojudih, Jharkhand, under a build-operate-maintain (BOM) model. This follows Coal Ministe...





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