The Ministry of Steel inked MoUs for 85 speciality steel projects involving 55 companies, with a combined investment commitment of 11,887 crore, significantly bolstering India’s ambitions to emerge as a world leader in high-value steel manufacture. The Memorandums of Understanding were inked as part of the third phase of the Production-Linked Incentive (PLI) Scheme 1.2 […]
Rewa Ultra Mega Solar Limited (RUMSL) has awarded ACME Solar Holdings Limited a 220 MW solar power project at the Morena Solar Park in Madhya Pradesh, India. The project would include a battery energy storage system (BESS). The 440 MW tariff-based competitive bidding (TBCB) procurement, which included the project, was put out by RUMSL in […]
In order to close the anticipated demand-supply imbalance, the Ministry of Power is planning to install 97,000 MW of thermal power capacity based on coal and lignite by 2034–35, the Centre informed Parliament on Monday. With an existing base of 211,855 MW as of March 31, 2023, the Central Electricity Authority (CEA) projects a thermal […]
After a thorough revision process, the administration has informed Parliament that new base-year series for important macroeconomic indicators would be released on February 12, GDP on February 27, and IIP on May 28. Methodological changes, new data sources, and revised weightages have been incorporated by the Ministry of Statistics and Programme Implementation (MoSPI) to increase […]
In order to carry out CSR projects during FY 2025-26, the Kishanganga Power Station of NHPC has inked a substantial Memorandum of Understanding (MoU) with the District Administration, Bandipora. Community development projects all around the district will receive a combined budget of 2.77 crore rupees, as per the agreement. The approved CSR initiatives will improve […]
In a regulatory filing, ACME Solar Holdings Limited said that its 100 MW wind energy project in Gujarat has been upgraded with an extra 4 MW of commissioned capacity, bringing the total commissioned capacity to 76 MW. At Titoda village in Sayla taluka of Surendranagar district, Gujarat, ACME Eco Clean Energy Private Limited—a wholly owned […]
In the Cuddalore district in particular, NLC India Limited (NLCIL) has long engaged in substantial corporate social responsibility (CSR) initiatives aimed at promoting sustainable and inclusive growth. These initiatives have included desilting lakes, free healthcare, the provision of safe drinking water, the improvement of educational infrastructure, and the construction of safe drinking water infrastructure. On […]
To strengthen its Mine Developer and Operator (MDO) framework, Eastern Coalfields Limited (ECL) strengthened its Chinakuri Underground (UG) Mine by signing a tripartite escrow account agreement with Innovative Mining Projects Pvt. Ltd. (IMPPL) and the State Bank of India (SBI). Seated at ECL’s Sanctoria headquarters, the signing signifies the company’s ongoing commitment to enhancing financial […]
A one-day technical seminar on “Ship Powering and Hydrodynamics” was hosted by Garden Reach Shipbuilders & Engineers Ltd. (GRSE) in partnership with Kongsberg Maritime at their Kolkata plant. The session served to emphasise GRSE’s commitment on advanced naval engineering and continual learning. Experts from across the world in marine technology and India gathered for a […]
Piyush Goyal, India’s minister of commerce and industry, made the announcement that the country had laid the groundwork for an interim trade agreement with the United States. The Indian export sector, including MSMEs, farmers, and fishermen, stands to gain the most from this pact’s anticipated $30 trillion market opening, which should result in a significant […]
