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Godrej & Boyce commissions 25MW ground- mounted solar project in Maharashtra
This expansive installation, spanning over 52 hectares, is set to generate an impressive 45 million units annually. Read more
Euro Panel Products invests Rs 300 million in advanced coil coating line
The investment encompasses machinery and land costs and is set to create 50 immediate jobs, with an additional 25 positions expected within six months, thus contributing to local employment and economic development. Read more
Honeywell and Samsung E&A collaborate to reduce power plant emissions
Between 2023 and 2030, Honeywell estimates that the company’s CCUS technologies will have a cumulative impact of mitigating 320 million metric tons of CO2e.Read more
Jindal India to invest over Rs 15 billion to expand steel business
Production from the newly added capacity, focusing on coated flat products, pipes, and crash barriers, is scheduled to commence in FY25, with full completion expected by FY26. Read more
Bain Capital to invest in auto component maker RSB Transmissions
Bain Capital, a multi-asset alternative investment firm, invests across various asset classes, including private equity, credit, public equity, venture capital, real estate, life sciences, and insurance. Read more
REC commits $280 million to Hygenco's green ammonia project in Odisha
In July, it was reported that Hygenco is in talks with global investors for a potential stake sale to raise about $400 million for future expansion.Read more
ReNew commits Rs 315 billion for solar power manufacturing in Gujarat
According to the MoU, ReNew will allocate Rs 175 billion to develop 3,000 MW of solar and 630 MW of wind projects in Gujarat, aimed at supplying power to the state. Read more
Govt approves NPCIL-NTPC JV company ASHVINI to start nuclear power generation
The Govt has also approved exemption to NPCIL to invest more than Rs 5 billion and exemption to NTPC to invest more than Rs 50 billion in a single joint venture/subsidiary company. Read more
Shyam Metalics began Phase I of a greenfield Cold Rolling Mill at Jamuria plant
The project was commissioned in September 2024.Read more
High freight costs and container dependence knock India's exports; GTRI
Freight rates for Indian exporters to Europe and the US have more than doubled over the past year, partly due to disruptions in the Red Sea.Read more