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SAEL raises $1 billion to advance its renewable energy portfolio
In addition to the $1 billion partnership announcement, SAEL has plans to complete capital expenditure of Rs 15,000 crore in FY 25 and execute 2-2.5 GW renewable capacity every year to reach its target of 10 GW in the next 4 years.Read more
Odisha approves procurement policy to boost small manufacturing enterprises
This new policy aims to enhance the business activities of 'Odisha Small Manufacturing Enterprises' by favoring the procurement of their manufactured goods by State Government establishments.Read more
Global machine tools major TRUMPF expands in India with a new Pune facility
The plant will start with TruBend 1000 series bending machines, followed by the TruLaser 1000 laser cutting machine series by 2025. "Local presence gives us the opportunity to develop tailor-made solutions for the Indian market and to exploit global synergies,” said Till Kueppers, COO at TRUMPF Machine Tools.Read more
Grew Energy secures Rs 3,800 cr investment for 2.8 GW Solar Manufacturing Unit in Gujarat
The agreement outlines Grew Energy's plans to establish a solar component manufacturing unit with a 2.8 GW capacity in Dholera by 2025.Read more
Shakti Pumps surges 5% as 10th patent revolutionises RO industry efficiency
The latest patent, granted by the Patent Office of the Government of India under the Patents Act of 1970, marks a milestone for Shakti Pumps in the realm of fluid technology.Read more
Piyush Goyal optimistic about India's $2 tn export goal by 2030
Speaking at the inauguration of Patsan Bhavan in New Town, Kolkata, housing the Jute Commissioner's office, and the headquarters of Jute Corporation of India, Goyal acknowledged the complexities of the global situation.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
Adani Energy partners with Esyasoft for global smart metering ventures
The announcement also underscores the growing relationship between Adani and Abu Dhabi's International Holding Co, a significant shareholder in Esyasoft through its subsidiary, Sirius International Holdings.Read more
China's rare earth export ban sparks global race for alternative technologies
Rare earths, a set of 17 metals essential for manufacturing magnets used in electric vehicles, wind turbines, and electronics, are at the centre of this geopolitical struggle.Read more
Suzlon secures a repeat order of 193.2 MW from The KP Group in Gujarat
This will be part of Wind-Solar Hybrid and STU's (State Transmission Utility) tariff based project for increasing Renewable Energy contribution in the state.Read more