Micro Labs has acquired a three-acre industrial land parcel in Hoodi village, East Bengaluru, for ₹111.07 crore. The property, purchased from Anushka Constructions, was finalized and registered on September 5, 2024. Hoodi village, situated near major tech hubs such as RMZ NXT and International Tech Park, offers strategic advantages due to its proximity to key […]
Sona BLW Precision Forgings Limited (SBPFL) has inaugurated a new manufacturing facility in Manesar, Haryana, marking its third plant in India and seventh globally. This facility, which began operations on October 21, 2024, is focused on driveline products and is expected to increase the company’s production capacity by 30%. According to a press release issued […]
Hindustan Petroleum Corporation Ltd (HPCL) is set to commission its new liquefied natural gas (LNG) terminal in Chhara, Gujarat, by the end of 2024 or early 2025. The facility, with a capacity of five million tonnes per year, is expected to begin operations during the favorable weather window starting in November, according to a press […]
ACME Platinum Urja has entered into a power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) for the delivery of electricity from a 150 MW hybrid solar project. The project forms part of a larger 350 MW capacity awarded to ACME Solar Holdings (ASHL) by SECI. The PPA includes provisions for energy […]
Gensol Engineering Ltd and Matrix Gas & Renewables have secured a project to build a Green Hydrogen-powered steel production facility in India. This project is part of three pilot initiatives sanctioned under the National Green Hydrogen Mission, led by MECON in collaboration with the Ministry of Steel (MoS) and the Ministry of New and Renewable […]
Oil and Natural Gas Corporation (ONGC) and Bharat Petroleum Corporation Limited (BPCL) are in discussions to secure foreign partners for their proposed greenfield petroleum refineries. Both companies are focusing on potential collaborations with Saudi Arabian entities. Indian petroleum officials, including representatives from ONGC and BPCL, recently held meetings with Saudi Aramco executives in Dhahran, Saudi […]
Tata Motors announced that it has secured an order to supply 1,000 units of its Tata LPO 1618 diesel bus chassis to the Uttar Pradesh State Road Transport Corporation (UPSRTC). The order was awarded through a government-conducted e-bidding process. Delivery will occur in phases, as per the terms agreed upon by both parties. This follows […]
Larsen & Toubro (L&T), an Indian technology and engineering company, has signed a Memorandum of Understanding (MoU) with Clean Core Thorium Energy (CCTE), a US-based advanced nuclear fuel company, to collaborate on the development and deployment of CCTE’s ANEEL™ fuel (Advanced Nuclear Energy for Enriched Life). The partnership aims to support the global adoption of […]
Vedanta has announced plans to invest ₹1 lakh crore in Odisha to establish a 6 million tonne per annum (MTPA) alumina refinery and a 3 MTPA green aluminium plant. The project is expected to generate 200,000 jobs and aims to support the state’s industrial growth. The investment will be focused on building a large-scale industrial […]
Neolite ZKW has inaugurated a new manufacturing facility in Pune, Maharashtra, aimed at enhancing its production capabilities in the automotive lighting sector. The plant integrates energy-efficient manufacturing processes and meets green building standards, including water recycling and reuse initiatives. It operates as a zero-discharge facility, reflecting the company’s focus on sustainability. The Pune facility incorporates […]
