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India’s PLI Scheme draws Rs. 11.5 trillion FDI for manufacturing in India
While we get clarity on whether the government chooses to battle the retrospective tax against the order given by the Supreme Court in favour of the struggling Vodafone, India’s PLI scheme has made great headway in attracting FDI for manufacturing in India.Read more
Nuberg EPC bags $ 53 mn contract for chemical project in Saudi Arabia
The agreement covers EPC & LSTK services and solutions for chlor alkali and calcium chloride plants in Riyadh (Saudi Arabia)Read more
Maharashtra refinery attracts biggest overseas investment from Saudi Aramco
Saudi Aramco will pick up 50% stake in the planned integrated mega refinery and petrochemicals complex, being built with an investment of $ 44 billion at Ratnagiri.Read more
MHPS CEO opens new repair facility and plans to manufacture the world's most efficient gas turbine
MHPS Saudi Arabia, Co., a subsidiary of Mitsubishi Hitachi Power Systems, Ltd. (MHPS) today opened its new turbine rotor repair facility in Dammam, and announced plans to manufacture its most advanced gas turbines in the kingdom, as part of a phased investment strategy in the Kingdom.Read more
