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Bansal Wire Industries to Raise INR 745 Crore through IPO

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Bansal Wire Industries has filed draft papers with SEBI to raise INR 745 crore through an initial public offering for the payment of debt, to support the company’s working capital requirements, and for general corporate purposes. Jan 19, 2024 Bansal Wire Industries, a leading steel wire manufacturer, has filed draft......
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Lapp India Partners with Teltonika Networks

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LAPP India recently partnered with Teltonika Networks to facilitate the provision of a diverse array of networking products. The partnership ensures the delivery of high-quality industrial communication products. Jan 09, 2024 LAPP India, a leader in cable and connection technology, announced its status as the authorized distributor of Teltonika Networks,......
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Sterlite Power Acquires Neemrana II Kotputli Transmission Limited from PFC

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Sterlite Power has recently announced the acquisition of Neemrana II Kotputli Transmission Limited from PFC Consulting Limited. Dec 28, 2023 Sterlite Power, a leading power transmission developer and solutions provider in India and Brazil, announced the acquisition of Neemrana II Kotputli Transmission Limited, a Special Purpose Vehicle (SPV) from PFC......
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KEC International Wins New Orders of INR 1,566 Crore

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KEC International Limited has secured new orders of INR 1,566 crore across its various businesses. Dec 28, 2023 KEC International Limited, a global infrastructure EPC major, an RPG Group Company, has recently secured new orders worth INR 1,566 crore across various businesses globally. The business has secured an order in......
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India & Nepal Sign Long-Term Power Agreement to Export 10,000 MW of Power

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India-Nepal recently entered into a long-term agreement to export 10,000 MW of power from Nepal to India. The two nations also signed a MoU in renewable energy. Jan 05, 2024 India recently signed a long-term agreement for the export of 10,000 MW of power from Nepal to India in the......
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Power Grid Corp Receives Transmission Project for Rajasthan’s 20 GW Energy Zone

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Power Grid Corporation has acquired an inter-state power transmission project for evacuating power from a 20 GW renewable energy zone in Rajasthan. Jan 01, 2024 State-owned Power Grid Corporation has won an inter-state power transmission project for evacuating power from a 20 GW renewable energy zone in Rajasthan. The ambit......
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Vinfast To Set Up an Integrated EV Manufacturing Hub in Tamil Nadu, Plans to Invest USD 2 Billion

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VinFast is set to establish its inaugural EV manufacturing plant in Tamil Nadu. The company has allocated an initial investment of USD 500 million and has planned a total investment of USD 2 billion. Jan 09, 2024 VinFast Auto, a Vietnamese electric vehicle giant, displayed the plans to establish an......
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JSW Steel to Set Up 2,678-Acre Greenfield-Integrated Steel Plant in Odisha

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JSW Steel Limited had received approval from the Odisha Government to set up a 2,678-acre greenfield integrated steel plant in Rajnagar, Odisha. Jan 05, 2023 JSW Steel Limited’s subsidiary, JSW Utkal Steel Limited, has acquired 2677.80 acres of forest land in Rajnagar, Odisha for setting up a greenfield integrated steel......
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JSW Renew Energy Commences Commissioning of 810 MW Wind Power Project in Tamil Nadu

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JSW Renew Energy Limited announced that it has started commissioning the 810 MW ISTS-connected wind power project in Tamil Nadu. Dec 26, 2023 JSW Energy Limited’s step-down subsidiary, JSW Renew Energy Limited, announced that it has commenced commissioning of the 810 MW ISTS-connected Wind Power Project awarded under SECI tranche......
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National Infrastructure Pipeline Expenditure Stands at INR 109 Lakh Crore

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National Infrastructure Pipeline (NIP) started with 6,835 projects and has expanded to cover over 9,288 projects with a total expenditure of INR 108.88 lakh crore between 2020-25. Dec 21, 2023 National Infrastructure Pipeline (NIP) initially started with 6,835 projects in 2019, has expanded to cover over 9,288 projects with a......
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