Adani Green Energy Limited (AGEL) has received a Letter of Award from Uttar Pradesh Power Corporation Limited (UPPCL) to develop a 1,250 MW energy storage capacity project through pumped hydro storage. The Panaura project, located in Sonbhadra district, Uttar Pradesh, is expected to be completed within six years and includes a 40-year operational commitment. The […]
Micromax Informatics has announced its entry into the renewable energy sector with the launch of Startup Energy, a new venture focused on solar panel manufacturing. The company plans to produce high-efficiency solar panels for residential, commercial, and industrial applications. As part of this initiative, Micromax has signed a contract with China-based Jinchen for the phased […]
Mahindra South Africa has signed a Memorandum of Understanding (MoU) with South Africa’s Industrial Development Corporation (IDC) to conduct a feasibility study on establishing a Completely Knocked Down (CKD) vehicle assembly facility in the country. The study will evaluate factors such as automotive industry incentives, export potential, supply chain infrastructure, workforce development, and logistics, including […]
BP has announced a strategic review of its Castrol lubricants business to assess potential options for enhancing value. This move aligns with BP’s broader strategy to refocus on its core oil and gas operations, aiming to raise $20 billion through asset sales by 2027 to strengthen its balance sheet. Castrol operates in over 150 countries, […]
Jupiter Tatravagonka Railwheel Factory Pvt. Ltd, a subsidiary of Jupiter Wagons Limited (JWL), has received an order worth ₹255 crore from Braithwaite & Co. for the supply of 9,140 wheelsets of 840 mm diameter for 25-ton axle load applications. With this contract, the company’s total order book now stands at ₹560 crore. As part of […]
RRP Electronics Limited has formed a strategic alliance with US-based Deca Technologies, Inc. to advance its semiconductor packaging capabilities. This collaboration aims to integrate Deca’s wafer-level chip-scale packaging (WLCSP) and M-Series™ fan-out wafer-level packaging (FOWLP) technologies into RRP Electronics’ assembly and testing operations. As part of this partnership, RRP Electronics plans to invest in a […]
Noida-based electric vehicle and energy storage company Inverted has announced plans to establish a 5GWh fully automated production plant in Ghilot, Rajasthan. The company has allocated Rs 100 crore for the development of the facility, which will cover four acres. The plant will incorporate advanced robotics and AI-driven automation systems for the production of battery […]
EKKI is set to launch a new manufacturing facility in Coimbatore, Tamil Nadu, designed to integrate multiple operations, including its KOOT Advanced Components Unit, KKV Labs for engineering and design, quantum testing and quality control facilities, and the EKKI Academy. The facility will focus on producing high-precision pumps, systems, and components for global markets. The […]
German adhesive manufacturer tesa SE has opened a new office in Chennai, India, as part of its ongoing expansion in the country. This development follows the company’s recent office relocations in Mumbai and the launch of a facility in Bangalore last year. The Chennai office aims to strengthen tesa’s presence in key industrial hubs, particularly […]
BASF India Limited has commenced construction of a new plant in Dahej, Gujarat, to expand the production capacity of its Cellasto® microcellular polyurethane (MCU) components. The facility is expected to be operational in the second half of 2026 and will include a new mold line in its first phase. The expansion aims to meet the […]
