News Result

Centre backs setting up of steel plant in Kadapa.

    | October 20, 2018

The Steel Ministry has reviewed the preparation for establishing a steel plant in YSR Kadapa district of Andhra Pradesh. This project was envisaged under Andhra Pradesh Reorganisation Act, 2014. An official statement said, “A high-powered task force comprising representatives from the Centr

NBCC gets nod from SDMC to resume work at Pragati Maidan pro.

    | October 20, 2018

State-owned NBCC recently said it has got nod from South Delhi Municipal Corporation (SDMC) to resume construction work at Pragati Maidan project that was stopped to check pollution. The company had received notice from SDMC almost five days ago to stop construction with an aim to check pollution

PTC India to ink PPAs with 7 firms, 5 States for 1,900 MW

    | October 20, 2018

PTC India will sign medium-term power purchase agreements (PPA) for 1,900 MW coal-based power capacities with seven companies and five states by month-end under a pilot scheme, an official said. After this tender, the company plans another round of 3,000 MW of medium term PPAs to give some relief

Drug packaging firm Schott Tubing to add capacity at Gujarat plant

    | October 20, 2018

Indo-German joint venture Schott Tubing India, which manufactures glasses and tubes for drug packaging, is investing 20 million euros (around Rs 180 crore) at its Jambusar facility in Gujarat to add capacity by 50 per cent. The company on Friday announced a new glass tank facility at its Gujarat

Railways gets Rs 2,600 crore for revamp of 19 stations.

    | October 19, 2018

The Indian Railways is on track to kick-starting redevelopment of 19 railway stations in the country to world-class standards, having secured a Rs. 2,600-crore credit line from its financing arm for the purpose. The Indian Railway Stations Development Corporation (IRSDC), the nodal body for stat

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VMware to add people, invest $2 b in India over 5 years.

    | October 19, 2018

Dell’s largest and fastest growing subsidiary VMware, will invest $2 billion in India to boost its R&D and employee strength over the next five years. VMware, which has over 5,000 employees in Bengaluru and Pune, plans to expand its base as it taps into Indian talent and business opportuni

GVK to revamp airports business.

    | October 19, 2018

GVK Power & Infrastructure Ltd. plans to raise up to Rs. 8,000 crore by divesting a stake in its airports business and other verticals. Also in the offing are an IPO and the merger of its airports arm, GVK Airport Developers Ltd. (GVKADL), with Bangalore International Airport Development Ltd. (BIADL

ONGC, Bharat Petroleum offer to desilt water channels

    | October 19, 2018

Oil and Natural Gas Organisation (ONGC) and Bharat Petroleum have offered to fund desilting 213 km of irrigation channelsin Papanasam, Kumbakonam and Thirvidai Maruthu taluks in the district under their corporate social responsibility initiatives. ONGC had given Rs 1 crore for the desilting proj

Panaji power infrastructure project gets bids from four firms

    | October 19, 2018

The state government has formed a committee to evaluate the bids received for the tender to shift all overhead power cables underground along with installation of smart electricity and lighting poles in the state capital and Ribandar. After Imagine Panaji Smart City Development Limited (IPSCDL) f

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Magenta Power installs India’s first EV billing meter in Maharashtra

    | October 19, 2018

Magenta Power has launched India's first EV billing meter in Mahasrashtra with the support of state government and the MAITRI program on Tuesday. The installation of these billing meters will be done by Maharashtra State Electricity Distribution Company Limited (MSEDCL), as per the company releas

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