Adani Total Gas initiates green hydrogen blending pilot in Ahmedabad
Adani Total Gas (ATGL) launches a green hydrogen production and blending pilot project in Ahmedabad, Gujarat, with plans for commissioning by the 2024-25 financial year. In collaboration with TotalEnergies, the project aims to gradually increase the
Ganga Realty unveils ₹1000 cr luxury housing project in Gurugram
Ganga Realty, a prominent real estate developer, announces a luxurious housing project, 'Nandaka 84', in Gurugram with an investment of ₹1000 crore. Spanning 8.33 acres, the project will feature 302 apartments and penthouses, starting at ₹4.05 crore
Capacit'e Infraprojects wins ₹101 cr Mumbai Aranya phase-II Project
Capacit'e Infraprojects clinches a ₹101 crore contract from Tridhaatu Aranya Developers for the construction of Aranya Phase-II project in Chembur, Mumbai. The EPC player strengthens its order book for the fiscal year, emphasizing its commitment
Cabinet greenlights Rs 24,104-cr PM-JANMAN scheme for tribal welfare
The Union Cabinet has approved Rs 24,104 crore for the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM-JANMAN). The comprehensive scheme covers infrastructure, housing, water, healthcare, and allied welfare for tribal communities. The initiative
CIDCO initiates DPR for Navi Mumbai Metro 2, 3 & 4
City and Industrial Development Corporation (CIDCO) has appointed a consultant to prepare a Detailed Project Report (DPR) for Navi Mumbai Metro Lines 2, 3 & 4. With an estimated cost exceeding Rs 11,000 crore, these lines aim to enhance connectivity
Tata Power unveils Rs 60,000-cr investment plan with renewable focus
Tata Power announces a comprehensive investment plan of Rs 60,000 crore, with nearly half dedicated to the renewable sector. The investment will be phased, starting with Rs 15,000 crore in FY24 and scaling up in subsequent years. The plan includes
PCBL diversifies with Rs 3,800-cr acquisition of Aquapharm Chemicals
Phillips Carbon Black Limited (PCBL), a part of RP-Sanjiv Goenka Group, ventures into water treatment and oil and gas chemicals through the acquisition of Pune-based Aquapharm Chemicals for Rs 3,800 crore. The move signifies PCBL's strategic expansion into
Bonfiglioli Transmissions inaugurates high-tech assembly facility in Pune
Bonfiglioli Transmissions Pvt Ltd, the Indian arm of global power transmission leader Bonfiglioli Riduttori S.p.A., has inaugurated its new 42,500 sq. meters assembly facility in Pune. The high-tech, smart plant, operational from November 29, 2023, emphasizes
CLSA predicts India to become world's largest economy by 2052
A recent CLSA report forecasts that India could surpass the US to become the world's largest economy by 2052, with a nominal GDP of $45 trillion. The study projects India to be the world's third-largest economy by 2027, surpassing Japan, and expects
41 trapped workers rescued from Silkyara tunnel collapse
Union Minister for Road Transport and Highways, Shri Nitin Gadkari, expresses relief and happiness as 41 trapped laborers are successfully rescued in the Silkyara Tunnel Collapse. He applauds the well-coordinated efforts of multiple agencies, acknowledging
NHAI implements revised guidelines to curb cost escalation & streamline land acquisition
The National Highways Authority of India (NHAI) has introduced revised guidelines to expedite approval for land acquisition and counteract potential increases in land costs or changes in land use with the intention of obtaining higher compensation
Saya Group unveils Rs 4,000-cr real estate projects in Noida, G Noida & Ghaziabad
Saya Group, a prominent real estate player, announces Rs 4,000 crore investments in new projects across Noida, Greater Noida, and Ghaziabad. The ventures comprise a 2.33 million sq. ft. commercial area with a Rs 2,500 crore investment and
Tamil Nadu govt accelerates Rs 340-cr road project
The Tamil Nadu government fast-tracks the construction of a Rs 340 crore road project from Panjapur to Karur Bypass, aimed at decongesting traffic in Tiruchi and fortifying river banks to prevent breaches and flooding. The project, divided into three
Yeshwantpur Railway Station in Bangalore set for Rs 377-cr transformation
The Indian Railways announces a Rs 377 crore investment to develop Yeshwantpur Railway Station in Bangalore into a world-class facility. Railway Minister Ashwini Vaishnaw highlights plans for a roof plaza with a children's play area, product
AmpIn Energy Transition to invest Rs 3,100-cr in 600 MW Renewable Energy Projects
AmpIn Energy Transition announces a substantial investment of Rs 3,100 crore for the development of over 600 MW renewable energy projects and an integrated solar cell and module manufacturing facility across the eastern
Odisha approves key projects worth Rs 84,918.75-cr across various sectors
The Chief Minister of Odisha has given the green light to 12 major projects with a total investment of Rs 84,918.75 crore. The approved projects span industries like green hydrogen, green ammonia, steel, power, renewable energy, chemicals, petrochemicals
UP govt invests Rs 9,000-cr in road infrastructure over 5,000 kms
The Uttar Pradesh government has invested significantly in road infrastructure, completing over 5,000kms of roadworks in the last six and a half years. With an allocation of approximately Rs 9,000 crores, the state focuses on widening, strengthening, and
Goa adopts 3D-based urban planning for sustainable development
The Goa State Urban Development Agency (GSUDA) initiates a 3D-based urban planning approach, aiming to create a model of sustainable development. GSUDA invites expressions of interest from firms for the procurement, implementation, and support
Committee recommends incentives for boosting domestic mining equipment manufacturing
An interdisciplinary panel, including officials from the Ministry of Heavy Industries, Coal India, NLC India, NTPC, and other stakeholders, has suggested incentivizing domestic manufacturing of mining equipment through incentive schemes and standardization
Merlinhawk Aerospace forms JV with Vega Composites for defence corridor manufacturing unit
Merlinhawk Aerospace (MAPL) has entered into a joint venture (JV) agreement with Italy's Vega Composites to establish a manufacturing and design facility in Tamil Nadu's defence corridor. The newly-formed company, 'Merlinhawk Composites and
Ramco Cements plans Rs 1,650-cr investment for capacity expansion in FY24
Ramco Cements is set to invest INR 1,650 crore in the current financial year (FY), focusing on capacity expansion projects and land acquisition in Andhra Pradesh and Karnataka. The investment will cover the expansion of the Kolimigundla thermal
IRB Infrastructure signs concession agreement for Lalitpur Lakhnadon Stretch on NH44
IRB Infrastructure's project SPV, IRB Lalitpur Tollway, has signed a Toll-Operate-Transfer (TOT) Concession Agreement with NHAI for the Lalitpur Lakhnadon stretch on NH44 in Madhya Pradesh. The agreement involves tolling, operations, maintenance
Union Transport Ministry floats tender for NH-17 four-laning in Maharashtra
The Union Transport Ministry has issued a tender for the four-laning of the Indapur to Veer (Wadpale) section of NH-17 (New NH-66) in Maharashtra. The project, valued at Rs 556.82 crore, falls under NHDP Phase-IV (Package-I) and involves
JSW Steel completes Rs 750-cr investment in JSW paints
JSW Steel has fulfilled its commitment by investing the final tranche of Rs 750 crore in JSW Paints. The strategic investment was made in multiple installments to support the expansion plans of JSW Paints, which is establishing a unit for manufacturing
J&K approves four new industrial estates to boost infrastructure
The Administrative Council, led by Lieutenant Governor Manoj Sinha, grants approval for the establishment of four new Industrial Estates in Jammu and Kashmir. These estates in Budhi Kathua, Medicity Jammu, Chandgam, and Lelhar Pulwama will
Tamil Nadu approves land acquisition for greenfield airport in kancheepuram
The Tamil Nadu government gives the green light for acquiring 3,774.01 acres of land in Parandur-A and 19 other villages in Kancheepuram district to construct a greenfield airport, requiring a total area of 5,746.18 acres. The site is in proximity to the
Delhi releases Rs 415-cr for Regional Rapid Transit System (RRTS) Project
The Delhi government disburses its allocated Rs 415 Crore for the Regional Rapid Transit System (RRTS) project, following a court order. The RRTS is a mass rapid transit network, spanning 82.15 km, connecting Sarai Kale Khan in Delhi to Ghaziabad and
IGBC launches new rating tools for net-zero building projects
The IGBC introduces innovative rating tools, including the Net-Zero Carbon (pilot version) rating system, to accelerate the adoption of green building projects in India. The tools aim to reduce operational and embodied emissions by optimizing
Caterpillar India unveils customer experience and training center
Caterpillar Inc., the global leader in the manufacturing of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives, has inaugurated the
RDC Concrete unveils new logo and transit mixer rebranding
RDC Concrete, a key player in the Ready-Mix Concrete (RMC) and construction sector, has unveiled a new brand logo. This move is part of the company's mission to strengthen its position in the RMC industry
