Granulon has inaugurated a new manufacturing facility in Murad Nagar, Ghaziabad, expanding its production capabilities to cater to the growing demand for its products. The company, known for its work in recycled polymers and eco-friendly footwear, focuses on developing sustainable materials for various industries, including casual, industrial, and athletic footwear. This facility is strategically located […]
Sealmatic India Limited, a company listed on the Bombay Stock Exchange, has inaugurated a new manufacturing facility in Kaman-Vasai, Maharashtra. The facility spans 25,000 square feet and aims to expand the company’s production capabilities for mechanical seals and API vessels. According to a press release, the facility is expected to enhance the company’s production capacity […]
ZF Commercial Vehicle Solutions (CVS) India has inaugurated an Electronic Stability Control (ESC) test track in Chennai, aimed at advancing vehicle safety and performance testing. The facility, certified by TÜV Rheinland and ARAI, complements the company’s existing ABS test track. The ESC test track features a 200-meter diameter dynamic pad with a 0.9 µ surface […]
Technip Energies has outlined plans to expand its operations in India, including launching a new research and development laboratory in Chennai in 2025. The laboratory will strengthen the company’s R&D capabilities in the region, according to Chief Operating Officer Loïc Chapuis, speaking at a recent capital markets day event. The company also announced its intention […]
Telawne Power Equipment has inaugurated a new manufacturing unit, named M2, at its facility in Ambernath. The development aims to expand the company’s production capacity in the power equipment sector, with a focus on renewable energy solutions. The M2 facility is intended to enhance the company’s ability to meet customer demands and support innovation in […]
HIMA Group has inaugurated its first facility in India as part of a multi-year expansion plan. The company, specializing in safety automation for industrial and railway applications, aims to deliver localized solutions to sectors such as chemical, petrochemical, oil and gas, and rail. The facility was officially opened on November 21, marking a step in […]
NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC, has entered into a joint venture agreement with the New & Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to establish renewable energy projects in Andhra Pradesh valued at Rs 2,00,000 crore. The collaboration involves the development of 25 GW of solar, wind, and hybrid energy […]
Avaada Group has signed a Memorandum of Understanding (MoU) with the Rajasthan government to establish a 1,200 MW pumped storage project (PSP) in the Sirohi district. Named the Kadambari PSP, the project involves an investment of approximately ₹5,800 crore and is expected to be completed over five to seven years. The project is part of […]
Tata Power has entered into a $4.25 billion Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) to explore financing options for renewable energy and power infrastructure projects in India. The agreement was formalized during the COP29 climate conference in Baku, Azerbaijan. The proposed projects include a 966 MW solar-wind hybrid facility, pumped hydro […]
Praj Industries has outlined its plan to triple its annual revenue to INR 10,000 crore by 2030, focusing on opportunities in sustainable aviation fuel (SAF), biopolymers, and energy transition initiatives. The company, which currently generates revenues of approximately INR 3,400 crore annually, also aims to increase its export share from 29% to 50% by the […]
