January 21, 2025
Garuda Aerospace, a drone manufacturer and service provider, has announced new contracts with several mining corporations across India. The agreements include partnerships with Gujarat Mineral Development Corporation (GMDC), Central Mine Planning and Design Institute (CMPDI) in Jharkhand, Odisha Mining Corporation, and private mining companies. The company will supply drones and related technology aimed at improving […]
January 21, 2025
Sembcorp Industries has signed two non-binding Memoranda of Understanding (MoUs) with the Government of Odisha. The agreements, facilitated through Sembcorp’s subsidiaries Sembcorp Green Hydrogen India Private Limited and Sembcorp Development Ltd, aim to assess the development of a green hydrogen production facility and an industrial park in Odisha. The MOUs were formalized in the presence […]
January 21, 2025
Texmaco Rail and Engineering has announced plans to reduce its reliance on government orders and expand its business in the private sector and export markets. According to a press release issued by the company, it aims to decrease the share of government orders in its rolling stock segment from the current 80% to 70% by […]
January 21, 2025
ArcelorMittal Nippon Steel India (AM/NS India) has initiated a Rs 60,000-crore investment program to expand the production capacity of its steel plant in Hazira, Gujarat, from 9 million tonnes per annum (MTPA) to 15 MTPA. The groundbreaking ceremony for the project was held on January 19, 2025. The expansion will involve upstream and downstream enhancements, […]
January 20, 2025
TD Power Systems (TDPS) has announced an order valued at ₹57 crore from the Nuclear Power Corporation of India (NPCIL). The project involves supplying low-speed induction motors designed to replace high-speed imported motors with reduction gearboxes currently in use at the Kudankulam nuclear power plant. According to the company, the motors are designed to meet […]
January 20, 2025
Blue Dart, a logistics and transportation company under the DHL Group, has inaugurated a new integrated operating facility in Bijwasan, Delhi. The facility, which spans 2.5 lakh square feet, is designed to handle over 5.5 lakh shipments per day and incorporates a 600-kilowatt solar power installation to reduce carbon emissions. Situated near the Dwarka Expressway, […]
January 20, 2025
Airbus Helicopters and Tata Advanced Systems Limited (TASL) are advancing plans to establish an assembly line for the H125 helicopter in India. The initiative, which represents a private-sector entry into civil helicopter production in the country, is nearing a site selection. Uttar Pradesh, Gujarat, Andhra Pradesh, and Karnataka are the states under consideration, with a […]
January 20, 2025
Adani Energy Solutions Ltd (AESL) has reported an order book of Rs 54,700 crore as of December 2024, reflecting significant growth since the fiscal year began in April 2024. This figure represents more than a threefold increase in work orders during the period, according to a press release issued by the company. In the October-December […]
January 20, 2025
Hitachi Energy India Limited has announced plans to raise up to ₹4,200 crore through equity shares or other securities. The company’s Board of Directors approved the proposal during a meeting on January 18, 2025. The funds may be raised in one or more tranches using methods such as public issues, rights issues, private placements, preferential […]
January 20, 2025
Waaree Renewable Technologies Limited (WRTL), a subsidiary of Waaree Energies Limited, announced the receipt of a Letter of Intent (LOI) for the development of a ground-mounted solar power project. The project has a capacity of 105 megawatt-peak (MWp) and will be executed on a turnkey basis. The total order value is approximately ₹277.20 crore, excluding […]
