News Result

Ashok Leyland lines up Rs 2,000 cr capex for BS-VI migration

    | May 21, 2022

The company is planning funds infusion for BS-VI and new projects related to light commercial vehicles, among others Commercial vehicles (CV) major Ashok Leyland has lined up a capital expenditure (capex) of Rs 2,000 crore for FY20 and FY21. Among the fresh investments it is planning are funds

Suraj Products Ltd to invest Rs. 20 crores for Ferro Alloys Mfg

    | May 21, 2022

The Board of directors of Suraj Products Ltd. has approved investment of Rs. 20 Cr for setting up a Ferro alloy manufacturing facilities at the existing premises using Patented Technology developed by MR Y K Dalmia, Managing Director of the Company, for which Environment Clearance has been received.

IGL to invest ₹6,000 crore in 7 new GAs for CGD expansion by FY27

    | May 21, 2022

State-run Indraprastha Gas (IGL) will invest ₹6,000 crore by FY27 in the seven new geographical areas (GAs) spread across Uttar Pradesh, Haryana and Rajasthan that it won in the 11th round of the city gas distribution (CGD) bidding. The country’s largest compressed natural gas (CNG)

Luminous Power Technologies to invest ₹350 crore to ramp up solar business

    | May 21, 2022

Luminous Power Technologies expects the share of solar business to grow to 40 per cent of its total sales in the next three years. Solar solutions currently account for nearly 20 per cent of its total business at present. The company, which is the Indian subsidiary of French multinational Schneid

Maruti Suzuki Kharkhoda plant to reach full capacity of 10 lakh units

    | May 21, 2022

Maruti Suzuki India Limited (MSIL) recently said its new 800-acre plant in Kharkhoda, Sonipat, Haryana, has space to expand and will reach its peak production capacity of 10 lakh units in the next 8 years, requiring a total investment of INR 18,000 crore. The company has presented a cheque of INR

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Solar power grid on break water comes up at Adani's Kattupalli Port

    | May 21, 2022

Adani Group's Kattupalli Port near here has created history by using breakwater rock area for setting up an on-grid solar generation plant. According to Adani Ports and Logistics, for the first time in the history of the Indian port industry, Kattupalli Port has utilised the breakwater rock area

City set to get green energy soon

    | May 21, 2022

The Bihar State Power Holding Company Limited (BSPHCL) recently entered into an agreement with the Solar Energy Corporation of India (SECI) for 210 megawatt (MW) renewable energy with assured peak to ensure 24x7 green power supply to identified areas. Initially Rajgir, Bodh Gaya and parts of Patna a

U'khand signs MoU with BPCL for harnessing solar power

    | May 21, 2022

An MoU was signed between the Uttarakhand government and Bharat Petroleum Corporation Limited (BPCL) in the presence of Uttarakhand chief minister Pushkar Singh Dhami recently for the growth of the renewable energy sector and other projects in the state. Secretary Energy R Meenakshi Sundaram sign

Govt-backed SWAMIH fund invests in 11-acre gated-community project

    | May 21, 2022

The government-backed last-mile financing platform Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects (SWAMIH I) has made an investment in a large affordable housing gated-community project in Thane near Mumbai. The fund has invested over Rs. 94 crore in t

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Adani Group company takes over Rs. 5,000 crore project on RTO land

    | May 21, 2022

A jinxed Rs 5,000 crore slum rehabilitation project on RTO land in Andheri (west) has been taken over by an Adani Group company, Portsmount Buildcon. The firm has taken a majority stake and will jointly develop the over 11 lakh sq ft sale component of the project with developer Shiv Infra Vision,

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