Dec 05, 2023 Cos to invest 1,700crore for data centres Two 5-acre industrial land parcels have been allotted to SifyInfinit Spaces and Jackson for the development of data centres in YEIDA’s Sector 28, along the Yamuna Expressway, and close to the upcoming Noida International Airport. The two companies are expected to invest Rs 1,757.5 crore in projects that will generate 775 job opportunities.
Dec 05, 2023 Adani Group to start copper facility in Gujarat by 2024 Adani Group will begin operations at its copper facility in Mundra, Gujarat, in March 2024. The facility, will have an annual capacity of 1 million tonne and is built with an investment of $1.1 billion. Additionally, the facility will produce sulfuric acid, which finds use in industries from fertilisers to water treatment.
Dec 05, 2023 BPCL, HPCL, Mumbai Port Authority signs MoU The MOU is expected to bring economic growth to the region and the nation through the utilisation of 15 hectares of reclaimed land at JawaharDweep (Butcher Island), just off the coast of Mumbai, for the establishment of state-of-the-art crude oil tankages, with an estimated cost of Rs1,500 crores.
Dec 05, 2023 Petrochem plan in Butibori may need Rs 52,000crore The proposed petrochemical complex at additional Butibori estate of MIDC will need investment in the range of Rs52,000 crore to 65,000 crore, says the interim techno feasibility report drawn up by public sector undertaking Engineers India (EIL). Based on the findings, the state government is expected to invite industries in the petroleum sector to set up facilities at Nagpur.
Dec 05, 2023 Adani to pump in Rs 20,000 crore in ports The Adani group is planning to invest up to Rs 20,000 crore in expanding its cargo capacity at ports four times to 1 billion tonne by 2030 to emerge as the world’s largest company in this field. In this regard, the group may look at acquisition globally if it gets a good local partner in a country with economic and political stability.
Dec 05, 2023 MSEDCL to replace old electricity metres The Maharashtra State Electricity Distribution Company (MSEDCL) has initiated preparations for the widespread deployment of prepaid smart meters across the state, enabling electricity consumers to exercise greater control over their power consumption The MSEDCL has outlined plans to replace the conventional meters of over two crore consumers in the state with prepaid smart metres.
Dec 05, 2023 India set to boost power capacity by 31,000 MW in FY24 India is on track to add approximately 10,000 megawatts (MW) of thermal power capacity and 21,000 MW of renewable energy capacity in the fiscal year 2023-24. The government is taking concrete steps to move towards a total capacity of 900 GW by 2031- 32and the approval of a Rs. 21,000 crore project for evacuating 5,000 MW of renewable energy from Ladakh.
Dec 05, 2023 CERC approved Rs 876 crore for emission control The Central Electricity Regulatory Commission (CERC) has approved a budget of Rs 58.40 lakh/MW or about Rs 876 crore towards installation of emission control systems at Vallur thermal power station in Tamil Nadu.
Dec 05, 2023 Government approved DPRs of twoSJVN projects Central Electricity Authority (CEA) has given its approval to the company’s detailed project reports (DPRs) for two hydro projects worth around Rs 40,000 crore. While the Etalin hydroelectric power (HEP) is of 3,097 MW, the Attunli HEP is of 680 MW.