NTPC recently said its 56 MW Kawas solar project in Gujarat is fully operational now following commissioning of its last part of 21 MW. The 21 MW capacity started commercial operation on Monday, the company said in a BSE filing. With this, NTPC's standalone installed and commercial capacity has b
CapitaLand Investment, a Singapore-based global real estate investment manager, has announced the launch of an International Tech Park with an investment outlay of about ₹1,400 crore. The International Tech Park Chennai (ITPC), spread over 2.6 million sq ft, is located at Pallavaram-Thorai
Mahindra & Mahindra (M&M) Ltd. is in the process of identifying a new location to establish a full-fledged manufacturing unit for electric SUVs as the leading auto manufacturer has set an ambitious target of selling a little less than a third of its SUVs in electric format - about 2 lakh units - by
In line with making India an export hub, Daikin India plans to set up a new R&D centre at Neemrama, Rajasthan. It will invest ₹500 crore in the centre over the next three years. This is the third R&D centre of the Japanese air-conditioner major. The company plans to employ more than 250 eng
Indoco Remedies entered into agreements to acquire up to 26% stake in Kanakal Wind Energy to set up solar power plant at Akkalkot, Solapur District in Maharashtra. The company has entered into a power purchase agreement with Kanakal Wind Energy and a share purchase and shareholders' agreement bet
AIPL has leased three lakh sq ft of retail space in a year at its Gurugram project. With this, the company has leased most of the 4.8 lakh sq ft of retail area to major brands including Haldiram’s, Inox, Costa Coffee, Fab India Chaayos, Bridgestreet, Looks Salon, Sodhi’s Super Mar
The Border Road Organisation (BRO) will take up the construction of a pilot road stretch in Arunachal Pradesh using steel slag. The project has been initiated after the success of using 100 percent steel slag on a port connectivity road in Gujarat. The 1.2 km Hazira port connectivity stre
The Rajasthan Small Industries Corporation (RSIC) is planning to set up an air cargo complex at Dabok airport in Udaipur, Rajasthan. The air cargo complex would facilitate import and export of goods in the next few months. At present, businessmen based in Udaipur and nearby places are requ
Ola Electric will foray into the electric car segment and plans to launch its first model by 2024. The company has set an ambitious target of selling 10 lakh electric cars by 2026-2027. Ola's first electric car will have the capability to accelerate from 0-100 km per hour in four seconds and wi
A shipbuilding facility of Hooghly Cochin Shipyard (HCSL), a wholly owned subsidiary of Cochin Shipyard, has been commissioned by Minister of Port, Shipping and Waterways Sarbananda Sonowal at Nazirgunge in Howrah, West Bengal. The facility has been set up at an investment of Rs 180 crore. The