NEWS

2024-09-18

Hoist & Winch is pillar of support in overhead crane project

The design and installation by Hoist & Winch of replacement end carriages for two overhead cranes reached its conclusion recently with the end use...

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2024-09-18

Israel targets India for 100 km Tel Aviv metro project

Israel has set its sights on collaborating with India for the development of a 100 km metro project in Tel Aviv. The newly appointed Israeli envoy to ...

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2024-09-17

India’s Steel Consumption to Grow 9-10% in FY25: ICRA

India's domestic steel consumption is projected to rise by 9-10% in FY2025, according to a report by ICRA. The first quarter of FY2025 saw a 15% year-...

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2024-09-17

SBI Approves Rs.10,050 Crore Loan for Power Project

State Bank of India (SBI) has approved a loan of Rs.100.5 billion for Damodar Valley Corporation (DVC) to develop an Ultra Super Critical Thermal Powe...

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2024-09-17

Nine New Coal Mines to Begin Production in FY25: Ministry of Coal

The Ministry of Coal announced that nine new captive and commercial coal mines are set to begin production in FY2025. This was revealed during a revie...

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2024-09-17

NMDC Invests Rs.2,200 Crore to Reach 100 MT Iron Ore Output by 2030

NMDC Ltd., India's leading iron ore producer, has earmarked Rs.22 billion for FY2025 to significantly expand its production capacity. The investment f...

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2024-09-17

Scania India announces Silvio Munhoz as its new MD

Scania India has appointed Silvio Munhoz as the new Managing Director, effective September 1, 2024. Silvio succeeds Johan P. Schlyter, bringing decade...

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2024-09-17

UP NEDA invites bids for 320 MW solar projects on lease land

The Uttar Pradesh New and Renewable Energy Development Agency (UP NEDA) has announced an invitation for bids for the development of 320 megawatts (MW)...

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2024-09-17

Government issues VGF guidelines for 1 GW offshore wind projects

The Indian government has released new guidelines for the implementation of a 1 gigawatt (GW) offshore wind energy initiative. These guidelines introd...

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2024-09-17

HPL Electric & Power Wins Rs 1.44-billion Order; Shares Climb

Shares of HPL Electric & Power increased by up to 2.4 percent. This rise followed the company’s announcement of securing an order worth Rs 1.44 bill...

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