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Latest News - May 20, 2024


L&T to increase power capacity of electrolyser to four MW
Manufacturing   -   May 13,2024
Larsen & Toubro (L&T) plans to increase its electrolyser power capacity to four MW, targeting domestic orders in FY25-26. After manufacturing its first one-MW electrolyser in Gujarat, it aims for a fo...


NTPC Green Energy, MAHAPREIT sign MoU for 10 GW RE projects
Infrastructure   -   May 09,2024
NTPC Green Energy (NGEL) and Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) signed an MoU on 08 May, 2024, aiming to develop renewable energy power parks and projects in Maha...


Gruner Renewable Energy bags projects worth Rs 1,500 crore for CBG plants
Petroleum   -   May 09,2024
Noida-based Gruner Renewable Energy secured INR 1,500 crore ($180 million) worth of compressed biogas (CBG) projects nationwide within its first year. The projects include 11 valued at INR 1,100 crore...


Elantas Beck India Limited to purchase vacant land for expansion and new projects
Manufacturing   -   May 09,2024
Elantas Beck India Limited's Board approved the purchase of 35 acres of land in Bharuch, Gujarat, for Rs. 67 crore, using internal funds. The land will facilitate future expansion and new project...


VA Tech Wabag updates on 120 MLD sewage treatment plant at Kopri
Environment   -   May 09,2024
The Board of Directors of VA Tech Wabag Limited approved a Shareholders Agreement with Kopri Bio Engineering Private Limited and A K Electrical and Works Private Limited. The agreement outlines the te...


Jindal Steel signs MoU with Indian Coast Guard to provide marine grade steel
Metallurgical Industries   -   May 09,2024
The Indian Coast Guard and Jindal Steel & Power Ltd inked a MoU for the supply of indigenous marine-grade steel, affirming their commitment to promoting domestic manufacturing. Signed by senior offici...


TVS Motor draws up Rs 1,000 crore capex in FY25
Manufacturing   -   May 09,2024
TVS Motor Company plans a Rs 1,000 crore capex for FY25, unveiling new ICE and electric two-and three-wheelers. It will introduce various versions of its electric scooter iQube, catering to diverse ba...


Avaada Energy secures Rs 1,190 crore loan for solar project
Power Generation   -   May 09,2024
Avaada Energy secures Rs 1,190 crore loan from State Bank of India for a 400 MWp solar project in Gujarat's Surendra Nagar district. The 20-year project loan will aid development and procurement ...





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