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Toshiba's $14 billion deal paves the way for privatisation
Toshiba announced the successful conclusion of a $14 billion tender offer from the private equity firm Japan Industrial Partners (JIP).Read more
Indian Wind Energy faces economic hurdles in repowering old turbines
Repowering turbines with higher-capacity machines is not economically viable due to the lack of incentives when compared to establishing new installations at fresh sites.Read more
BPE inks 3 international collaborations to strengthen its Southeast Asian outreach
BPE recently entered separate collaborations with China-based Eternal Asia (S) Pte Ltd (EA), Vietnam-based IDC Group and the Philippines-based Business Partners Enterprise Inc (BPEIP).Read more
Naveen Jindal eyes African Venture, Steel Mill in Nigeria, Power Plant in Botswana
In this endeavour, Vulcan Steel, a privately held entity under the Jindal family's purview, has committed to constructing a steel plant with an annual production capacity of 3 million metric tonnes (mtpa).Read more
Cement Industry invests Rs 5,500 cr in Green Power for 537MW capacity boost
In an effort to reduce emissions by 15-17% over the next 8-10 years, major cement players in the country are increasing their utilisation of blended cement, which incorporates less clinker and therefore requires less fuel.Read more
SIDBI offers 100% financing for MSMEs' Green Energy Projects
SIDBI is prepared to extend loans with 100% coverage, offering interest rates as low as 7-8%, contingent upon the credit ratings of the applicants.Read more
Supreme Court upholds BHEL's Rs 400 cr Ash Handling Plant Contract with BTL EPC
This decision was made in conjunction with a consortium agreement involving the Chinese company Fujian Longking Co.Read more
Serentica secures Rs 2600 crore funding from PFC for its renewable energy projects
Funding from PFC will go towards the development of Serentica’s upcoming 400 MW hybrid renewable energy projects in Karnataka.Read more
Tata Power Solar, SIDBI sign MoU to offer easy financing to MSMEs for solar adoption
MoU signed in the presence of Union Minister of State for Finance, Dr Bhagwat Karad at the Global SME Finance Forum 2023, Mumbai.Read more
EPLAN and Dassault Systèmes enter into technology partnership
The interface between the EPLAN Platform and the 3DEXPERIENCE platform of Dassault Systèmes will thereby be systematically expanded by both parties working together.Read more