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Balaji Amines surges 3% on mega project status
The company is set to embark on a capital expenditure (capex) for a new product, n-Butylamine, with a production capacity of 15,000 metric tons per annum.Read more
K-RIDE invites bids for 306 coaches in Bengaluru suburban railway project
K-RIDE, a collaborative effort between the state and union governments, is overseeing the development of the 149-km BSRP spanning four corridors: Sampige, Mallige, Parijata, and Kanaka.Read more
Sinopec's Kuqa Green Hydrogen project faces woes, full resolution expected by 2025
The Chinese oil giant has inadvertently revealed that the facility in the Xinjiang region, touted as the world's largest, is currently operating at only approximately 20% of its intended capacity.Read more
RECPDCL signs MoU with govt of Gujarat for Smart Metering project
The MoU was signed ahead of Vibrant Gujrat Summit 2024 by Jai Prakash Shivahare, IAS, MD, GUVNL and Rajesh Kumar Gupta, CEO, RECPDCL in presence of Chief Minister of Gujarat, Bhupendra Patel. Read more
L&T Construction wins turnkey contract for Amaala's Sustainable Mega Project in Saudi Arabia
Situated within the Prince Mohammed bin Salman Natural Reserve along Saudi Arabia’s northwestern coast, Amaala is an ultra-luxury destination covering 4155 square kilometres.Read more
Apraava Energy expands its RE portfolio with 300 MW wind energy project in Karnataka
The project is part of the 1200 MW auction capacity of Inter-State Transmission System (ISTS)-connected wind power projects (Tranche-XIV) from the Solar Energy Corporation of India (SECI).Read more
Hinduja Renewables wins 140 MW solar power project in GUVNL tender
The award is part of the Solar Tender Phase -XXII issued by GUVNL for selection of solar power developers for setting up 500 MW Solar Power Projects anywhere in India.Read more
Sterlite Power gets new orders worth Rs 2,000 cr in Q2 FY ’24
Internationally as well, the company is strengthening its presence in the Americas, Africa, and the Middle East.Read more
India’s RE sector receives FDI equity investment of $6.1 bn during Apr 2020 - Sept 2023
Under the extant Foreign Direct Investment (FDI) policy of the Government of India, FDI in renewable energy sector is permitted up to 100% under the automatic route.Read more
IMF projects 6.3% growth for India despite inflation challenges
Contrary to the Reserve Bank of India's (RBI) forecast of 7%, the IMF's growth projection for the ongoing financial year, concluding on March 31, 2024, is slightly lower.Read more
