The Solar Thermal Federation of India (STFI) and the Indo-German Chamber of Commerce (IGCC) have teamed up for the international ‘Solar Payback’ project, which aims to increase the use of solar thermal energy in industrial processes. The Kick-Off Meeting took place in Mumbai on 16 December 2016.
Author: admin (Infratructure Today)
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Airbus France to set up aerospace cluster at Dholera
Airbus France has signed a memorandum of understanding (MoU) with Gujarat government's Dholera Industrial City Development Ltd (DICDL) for setting up an aerospace and defence cluster at Dholera special investment region near Ahmedabad.
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Mahindra Lifespace to develop Rs 3,000 crore industrial park in Gujarat
Mahindra groupÂ’s realty firm Mahindra Lifespace Developers has announced its foray in Gujarat and will develop a 350-acre industrial park near Ahmedabad that could entail an investment of Rs 3,000 crore from the company.
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Adani Ports to develop phase-III of Mundra Port for Rs 6,000 crore
Adani Ports and SEZ Ltd will invest Rs 6,000 crore for the development of the third phase of Mundra Port.
The upcoming capacity expansion of Mundra Port, touted as one of the top multi-purpose ports in the country in terms of traffic, would lead to employment generation for 600 people, sources said.
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Goyal wants regulators to work with policymakers
Union Power minister Piyush Goyal said the impact on growth due to demonetisation was “temporary” and assured that “buoyancy would return” to the Indian economy soon.
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Indian Railways to invest Rs 1,000 crore on new tracks beyond Agartala
The Northeast Frontier Railway (NFR) has invested around Rs 1,000 crore to extend the railway line beyond TripuraÂ’s capital Agartala and up to the state's southern temple city Udaipur, a top official has said.
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Tata Power Renewable Energy commissions 2 projects in TN and AP
Tata Power Renewable Energy Ltd has announced commissioning of a 36 MW wind power plant at Nimbagallu in Andhra Pradesh and a 49 MW solar plant at Kayathar, Tamil Nadu.
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Global corporate funding in solar sector falls 64percent in 2016
Total global corporate funding in the solar sector, including venture capital/private equity (VC), debt financing, and public market financing, raised by public companies came to $9.1 billion in 2016, compared to $25.3 billion in 2015, a 64 per cent drop, clean energy consulting firm Mercom Capital has said.
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Setu revamp in 42 months, Centre tells Patna HC
The Centre has informed the Patna High Court that the dilapidated Mahatma Gandhi Setu will be totally revamped within 42 months and a new four-lane bridge, parallel to it, will be put in place in due time.
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Idea Cellular to raise Rs 500 crore via NCDs
Telecom operator Idea Cellular plans to raise Rs 500 crore through issuance of non-convertible debentures (NCDs). “The company is proposing to issue unsecured redeemable non-convertible debentures amounting to Rs 500 crore on a private placement basis,” Idea said in a regulatory filing.