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IREDA, Bank of Maharashtra join forces to boost renewable energy financing
As part of this agreement, Bank of Maharashtra has the opportunity to invest in the Bonds issued by IREDA, adhering to the specified terms and conditions of the offering.Read more
Rs 4,500 crore plan for uninterrupted electricity in Thane district
Union Minister Kapil Patil disclosed that the plan was thoroughly discussed during a district electricity committee meeting.Read more
GeM to implement penal interest for delayed payments by govt departments
Provision to enable public procurement portal GeM to impose penal interest for making delayed payments to vendors by ministries and dpts will be fully operational from Sept end, a senior official said.Read more
Mahindra & Volkswagen comes together for EV Components
In addition to these initiatives, Mahindra is targeting an annual production of 200,000 electric vehicles at its Chakan plant in Maharashtra from 2027 to 2029.Read more
Philips expands personal health product production in India
Philips' manufacturing presence in the country extends beyond Baddi, Himachal Pradesh, as they also operate a co-manufacturing facility in Silvassa Union Territory.Read more
TPREL and SSMI partner for 28.12 MW green energy plant in Maharashtra
This project, slated for commissioning by March 2024, is in line with SSMI's climate change strategy, aiming to diminish reliance on fossil fuels and promote the production of eco-friendly steel.Read more
Tata Power to work on 4.4 MW RE project with Anand Group
Within the framework of this agreement, TPREL will oversee the generation of a substantial 10 million units of clean energy using renewable sources. Read more
Maha govt, Tata Power to develop 2800 MW Pumped Hydro Storage Projects
With a proposed total investment of approximately Rs 13,000 crore, these projects will support country’s clean energy landscape. Projects to be located at Shirawata, Pune and Bhivpuri, Raigad.Read more
WIKA India inaugurates new force measurement production unit in Pune
The unit aims to amplify the production capability of the company and play pivotal role in the future technological advancements in WIKA’s products.Read more
MAHAPREIT, GEAPP launch solarisation of agricultural irrigation initiative in India
Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) and the Global Energy Alliance for People and Planet (GEAPP) launch a 500 MW agriculture solarization programme, which will attract an investment of INR 2500 crores in solar energy for the state of Maharashtra.Read more
