Jun 20, 2023 IBC to invest Rs 8,000 crore Lithium cell plant in Karnataka The US-based International Battery Company (IBC) is considering setting up a cell manufacturing unit in Karnataka by investing Rs 8,000 crore in the state, M B Patil,Industries Minister said. IBC representatives met Patil and discussed the way forward.
Jun 20, 2023 Gogoro to build $1.5 billion smart battery infra in Maharashtra Gogoro will invest more than $1.5 billion to establish state-wide battery charging and swapping infrastructure in Maharashtra. The proposed Ultra Mega Project deal includes financial incentives and support from the Maharashtra government.
Jun 20, 2023 Tata Chemicals lines up Rs 8,000 crore capex for expansion Tata Chemicals intends to pump in a capex of Rs 8,000 crore over the three years to fuel its business expansion mode with a sustainability focus. The capex for FY23 was Rs 1,500 crore. The company will increase its soda ash capacity by another one million tonne (MT), taking its total global capacity to 5.3 MT.
Jun 20, 2023 Singareni, NTPC sign four pacts on coal supply Singareni Collieries Company and NTPC have signed four agreements on supply of coal to Kudgi and Solapur thermal units of the latter, for adjustment of total coal supply under linkage for its plants based on the need and for advance payment for fuel (coal) supply to its Ramagundam plant.
Jun 20, 2023 Prayagraj to get new film museum Plans are afoot to convert the age-old film centre located in Prayagraj’s Civil Lines area into a museum. The proposed museum will showcase the rich legacy of the film history of North India. An amount of around Rs 4 crore will be spent on the project.
Jun 20, 2023 Aerospace park on cards at Sipcot The State Industries Promotion Corporation of Tamil Nadu (Sipcot) has earmarked about 125 acre of land at its Manapparai industrial park in Trichy for setting up an aerospace park to promote investments in the sector as well as in defence manufacturing.
Jun 20, 2023 Gujarat launches design for Hydrogen Valley Project Gujarat has kicked-off the much-anticipated Hydrogen Valley Project in the state which aims to develop a localised hydrogen value chain where it can serve more than one end-sector or application in mobility, industry, and energy.
Jun 09, 2023 ACME, Indraprastha sign green hydrogen agreement ACME Group and city gas distributor Indraprastha Gas have signed a MoU to explore potential business opportunities in green hydrogen jointly. ACME and IGL will work together to promote customer adoption and create demand for green hydrogen in the country.
Jun 09, 2023 India eyes green hydrogen bunkering by 2035 India has set a deadline of 2035 to establish green hydrogen bunkering and refuelling facilities at major ports in the drive to cut its carbon footprint. One of the world's biggest emitters of greenhouse gases, India aims to cut emissions to net zero by 2070.