News Result

HPCL to invest Rs 74,000 cr in five years

    | August 22, 2019

ONGC-owned Hindustan Petroleum Corporation (HPCL) is planning to invest around Rs 74,000 crore over the next five years to expand capacity. The Navaratna company plans to invest around Rs 14,900 crore in the current fiscal, Chairman Mukesh Kumar Surana told shareholders after the annual general m

MNRE launches State Rooftop Solar Attractiveness Index

    | August 22, 2019

Power and renewable energy minister, R K Singh, today launched the State Rooftop Solar Attractiveness Index (SARAL) to evaluate states based on their attractiveness for rooftop development. It was launched at the review planning and monitoring meeting with states and state power utilities in New

IL and FS board seeks NCLT nod to sell 7 wind power units to Orix for Rs 4,800 cr

    | August 22, 2019

The IL&FS board on Tuesday sought the approval of the National Company Law Tribunal (NCLT) to sell seven wind assets to Japan's Orix Corporation for Rs 4,800 crore, which will help reduce its debt burden of Rs 94,000 crore. Orix Corporation of Japan is already an equity partner in the group and

Aparna Constructions and Estates launches project in Bengaluru

    | August 22, 2019

Aparna Constructions and Estates has launched new project in Bengaluru, Karnataka. Aparna Maple, the real estate project will be coming up in K Narayanapura village, K R Puram, Hobli, Bengaluru. This is the second residential property from Aparna Constructions and Estates in the city. The project i

Indian Railways puts Udhampur-Baramulla project on fast track

    | August 22, 2019

Indian Railways puts Udhampur-Baramulla project on fast track Wednesday, 21 Aug 2019 Share this on : The Indian Railways has put the Udhampur-Baramulla project in Jammu and Kashmir on the fast track. The project is expected to be commissioned by 2021-22, and world’s highest railway-ar

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NHAI floats tenders for Delhi-Vadodara Greenfield Alignment

    | August 22, 2019

The National Highways Authority of India (NHAI) has floated tenders for Delhi-Vadodara Access Controlled Greenfield Alignment in the state of Rajasthan. The following works have been envisaged to be carried out on two sections of the greenfield alignment under EPC mode. Construction of eight-lan

Praj Industries inks pact with Brazilian ethanol maker Dedini.

    | August 21, 2019

Brazil sugar-ethanol mill maker Dedini IndŴstrias de Base said on Monday it has signed a cooperation agreement with India's Praj Industries to sell equipment for ethanol production, including technologies for corn-based biofuel. “Through this deal, Praj and Dedini will sell and install p

Aster DM Healthcare to infuse Rs. 1,000 cr in five new hospitals.

    | August 21, 2019

The Kochi-based Aster DM Healthcare, one of the few publicly traded hospital chains in the country, is planning to add over 2,000 beds at an investment of over Rs. 1,000 crore in the next two to three years in five new properties outside Kerala. The hospital chain, which began in Dubai as a drug

Odisha clears projects worth Rs 2 lakh crore

    | August 21, 2019

Odisha on Monday cleared investment proposals totalling Rs 2,04,069 crore, mostly in the petroleum sector. Indian Oil Corporation Limited (IOCLNSE -1.13 %) will invest Rs 1,00,300 crore in expanding its Paradip refinery capacity from 15 million tonnes per annum (mtpa) to 25 mtpa and setting up a

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GAIL to invest Rs 45,000 cr in expansion of pipelines, city gas network

    | August 21, 2019

State-owned gas utility GAIL IndiaNSE 0.12 % Ltd will invest over Rs 45,000 crore over the next five years to expand the National Gas Grid and city gas distribution network, its chairman Ashutosh Karnatak said on Tuesday. "At present, your company is expanding the natural gas pipeline network by

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