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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
Tata Steel launches fully automated Construction Service Centre in UP
The fully automatic downstream manufacturing facility has a production capacity of 3,500 TPM (tonnes per month), and the company plans to set up another 10 such centres at different locations in the country.Read more
DFC Board approves $425 mn in financing for Tata Power’s greenfield manufacturing plant in Tamil Nadu
DFC is America’s development finance institution. It is financing in TP Solar Limited, a subsidiary of Tata Power Renewable Energy (TPREL), for its upcoming greenfield 4.3 GW solar cell and module manufacturing plant.Read more
Tata Motors partners with Tata Power Renewable Energy to develop a 12 MWp solar project
Tata Motors expands on-site solar power capacity to 20.73 MWp at its Pune commercial vehicle manufacturing facility. The project will generate 17.5 million units of electricity per annum, mitigating over 12400 tonnes of CO2 per annumRead more
Tata Electronics plans over Rs 500 Cr loan for Hosur Expansion
The inaugural phase (referred to as 1A) of its manufacturing facility commenced operations in December 2022, with a total project cost of Rs 4,225 crore, funded in a 70:30 debt-equity ratio.Read more
Tata Steel, ABB India collaborate to cut carbon in steel production
The partnership between these two companies will primarily involve comprehensive assessments of Tata Steel's manufacturing facilities, with a focus on evaluating and jointly developing strategies to enhance energy efficiency.Read more
AVAADA Group partners with Tata Steel SEZ for Green Hydrogen & Ammonia Unit in Odisha
The unit will be set up at Gopalpur Industrial Park in Ganjam district in Odisha. The project is expected to generate around 1,600 direct and 4,000 indirect employment opportunities and aims to curtail nearly 2 million tonne of Co2 emissions annually.Read more
GeM to implement penal interest for delayed payments by govt departments
Provision to enable public procurement portal GeM to impose penal interest for making delayed payments to vendors by ministries and dpts will be fully operational from Sept end, a senior official said.Read more
Embraer SA explores partnership with Indian firms for Defence Transport Aircraft Manufacturing
The firm anticipates announcing its chosen partner by December. He further mentioned that the potential partnership could extend to the production of commercial aircraft.Read more
TPREL and SSMI partner for 28.12 MW green energy plant in Maharashtra
This project, slated for commissioning by March 2024, is in line with SSMI's climate change strategy, aiming to diminish reliance on fossil fuels and promote the production of eco-friendly steel.Read more