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ArcelorMittal Nippon Steel India invests Rs 100 cr in scrap centres to boost sustainability

Company is poised to establish three dedicated scrap-processing centres in Gujarat and Maharashtra, as leading steel companies in India anticipate challenges in meeting their scrap requirements through imports.Read more

Sadhana Nitro Chem to establish green hydrogen facility for Rs 50 cr

The funds for the rights issue will be mainly used for the acquisition of a 126-acre land plot. This land will be strategically employed for the establishment of both a solar power facility and a wind energy installation.Read more

HCCB breaks ground for Rs 1,387 cr greenfield factory in Maharashtra

The ground-breaking ceremony saw the participation of Maharashtra Chief Minister Eknath Shinde, State Industries Minister Uday Samant, HCCB Chief Executive Officer Juan Pablo Rodriguez, and other senior leaders from the company.Read more

Tesla nearing deal for India Entry, possible factory setup by 2025

Tesla is prepared to make an initial investment of approximately $2 billion in any plant, with plans to increase purchases of auto parts from India to potentially $15 billion.Read more

CEAT's Mumbai plant shut down over pollution violations

CEAT received an email communication from the board regarding the violations and is currently reviewing the directive to take appropriate action.Read more

GAIL inks Rs 63,000 cr deal with BPCL for Propane Supply in Maharashtra

Currently, the unit has a capacity of 1 million metric tonnes per annum (MMTPA) and is expanding to handle 3 MMTPA of propane and butane imports.Read more

Amazon surpasses 1.1 GW RE Milestone in India with New Wind Farm

Amazon has unveiled plans for a new 198-megawatt (MW) wind farm in Osmanabad, Maharashtra, India, marking its 50th renewable energy project in the country and pushing its total renewable energy capacity past 1.1 gigawatts (GW).Read more

Schaeffler launches first-of-its-kind REPXPERT, technical training van

The company aims to upskill technicians and mechanics, keeping them abreast of the latest technologies and best practices with this initiative.Read more

Kirloskar Ferrous Industries acquire Oliver Engineering for Rs 110 cr

Last year, KFIL acquired a majority stake in Indian Seamless Metal Tubes (ISMT) for Rs 476.63 crore, solidifying its position in the market.Read more

Windenergy India 2023 highlights diversification, collaboration for sustainable future

The future lies in round the clock power through renewable energy. The solution lies in wind or solar energy equipment, says the Association's secretary general D V Giri.Read more

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