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CIL to Invest INR 24,750 Crore in 61 FMC Projects with 763.5 Million TPA Combined Capacity

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Coal India Limited is planning to invest INR 24,750 crore for the commissioning of 61 first-mile connectivity projects. The projects with a combined capacity of 763.5 million TPA shall be executed in 3 phases, with completion expected in FY 2029. Sep 12, 2023 Coal India Limited (CIL) is planning a......
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STL Invests USD 56 Million For 1,68,000 Sq. Ft Optical Solutions Palmetto Plant in South Carolina

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Sterlite Technologies Limited announced the launch of the Palmetto plant in Lugoff, South Carolina which was inaugurated by Hon. Henry McMaster, Governor of South Carolina reinforcing STL’s commitment to the Make in America vision. Sept 15, 2023 Sterlite Technologies Limited announced the launch of its state-of-the-art manufacturing facility in Lugoff,......
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Mixer Presents EKOgraft®, the Brand-New Moisture Curable Compounds

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Mixer recently developed a new series of moisture compounds under the brand name EKOgraft®. The new portfolio includes grades available for photovoltaic cables according to EN 50618 and TÜV specifications and grades for other applications are currently in development. Aug 28, 2023 With over 25 years of experience and a......
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TenetT Awards EUR 1.5 Billion Multi-Year Contracts to 8 Companies for HT Wires

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TenetT has awarded multi-year contracts to 8 companies manufacturing high tension (HT) wires. The total value of the contracts is EUR 1.5 billion. TenetT is aiming to spend EUR 100 billion in the next decade on onshore and offshore electric grids. Aug 10, 2023 TenneT has awarded multi-year contracts worth......
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LS C&S to Expand Submarine Cable Production with USD 117 Million Investment in South Korea

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LS C&S to inject additional Investment of approximately USD 117 million in its Donghae, South Korea-based submarine cable production facility. The company is aiming to serve global large-scale offshore wind farm projects. Aug 10, 2023 LS Cables & Systems (LS C&S) has announced an additional investment of USD 117 million......
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RailTel Bags 10-Year Work Order to Develop & Maintain PCSCL’s Telecom Infrastructure

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RailTel Corporation of India Limited has bagged a 10-year work order contract to provide end-to-end services for the monetization of Pimpri Chinchwad Smart City Limited’s city network infrastructure. A total revenue generation of INR 700 crores is estimated during the contract period. Aug 11, 2023 RailTel Corporation of India Limited......
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RIL’s Jio Reports USD 2.2 Billion Fund Support from Swedish Export Credit Agency for 5G Rollout

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Reliance Industries Limited’s telecom business, Reliance Jio, reported a USD 2.2 billion fund support from a Swedish Export Credit Agency for the 5G network rollout in India. Jio has largely procured gears from Sweden’s Ericsson and Finland’s Nokia to deploy its 5G network. Aug 6, 2023 Reliance Industries Limited’s (RIL)......
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Railways Seeking INR 5.25 Lakh Crore Investment for Freight-Focused Corridors

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The Union Ministry of Railways is seeking an approval for INR 5.25 lakh crore investment plan, which shall be spent to meet the targets of PM Gati Shakti Masterplan and Vision 2030. The investment will enable dedicated corridors for domestic freight movement. July 31, 2023 The Union Ministry of Railways......
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Kerala Receives Project Proposals Worth INR 30,824 Crore for a Green Ammonia Plant and an Electrolyser Plant

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The State Government of Kerala has received proposals from two companies. One has proposed a green ammonia production facility of 2,00,000 TPA output capacity. The other has proposed a 252 MW electrolyser plant with green hydrogen and green ammonia generation plant. The combined investment proposed is INR 30,824 crore. Jul......
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Syska Group announces Rajkummar Rao as its New Brand Ambassador

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Syska Group has announced Mr. Rajkummar Rao as their new brand ambassador. A new advertisement campaign is being worked on, targeting the urban population of metro, tier 2, and tier 3 markets. July 31, 2023 Syska Group, a fast-moving electrical goods (FMEG) company, has announced Mr. Rajkummar Rao as its......
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