December, 2021 - India's Top Construction magazine | construction industry magazines

Reliance New Energy Solar to acquire Faradion Limited

Reliance New Energy Solar (RNESL), a wholly owned subsidiary of Reliance Industries, has signed definitive agreements to acquire 100% shareholding in Faradion Limited (Faradion) for an enterprise value of GBP 100 mn.

31 Dec 2021

Power & Energy

Tata Motors to support setting up of a vehicle scrapping facility in Maharashtra

Tata Motors has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra, through the Industries, Energy and Labour Department, Government of Maharashtra, with an intent to support setting up a

31 Dec 2021

Equipment

IndianOil to invest Rs 9,028 crore for new Crude Oil Pipeline from Mundra

IndianOil is setting up a new crude oil pipeline system with a nameplate capacity of 17.5 MMTPA from Mundra (Gujarat) to Panipat (Haryana). Under this project, IndianOil would also build 9 crude

31 Dec 2021

Oil & Gas

SJVN and DVC ink MoU for floating solar energy projects

SJVN has entered into a MoU (Memorandum of Understanding) with Damodar Valley Corporation (DVC) for harnessing potential Solar Energy of about 2000 MW available under the DVC Command Area. SJVN and DVC

31 Dec 2021

Power & Energy

IRB Infra completes INR 5,347 crores equity fundraise

IRB Infrastructure Developers has completed the equity fundraise of INR 5,347 crores, the largest equity fundraise by Indian highways infrastructure developers. While commenting on the development, Virendra D Mhaiskar, Chairman & Managing

31 Dec 2021

Roads & Highways

Maharashtra signs MoU with Mahindra Cero for multiple vehicle-scrapping units

Government of Maharashtra, through the Industries, Energy and Labour Department, has signed an MoU with Cero (Mahindra MSTC Recycling Pvt. Ltd.), India’s first government authorised vehicle recycler, to set up additional world-class

31 Dec 2021

Equipment

Dalmia Cement Bharat leads sustainability efforts with the launch of Indiaâ€™s first e-trucks initiative

Dalmia Cement (Bharat) (DCBL) is spearheading the industry’s transition towards a circular economy with the launch of its e-Truck initiative in India. The pioneering move will accelerate DCBL’s sustainability goal of lowering

29 Dec 2021

Cement, concrete & Precast

Dassault SystÃ¨mes to set up Mining Technology Excellence Centre in India for sustainable mining

Dassault Systèmes has partnered with the “TEXMiN (Technology Innovation in Exploration & Mining) Foundation” –Technology Innovation Hub of IIT (ISM) Dhanbad to set up a world class Centre of Excellence in India

29 Dec 2021

Design Software

Tata-Siemens JV to develop metro corridor for Pune Metro under PPP route

A Joint Venture between TRIL Urban Transport (a Tata Group Company) and Siemens Project Ventures GmbH (subsidiary of Siemens Financial Services) under Public Private Partnership Route (PPP) will develop the metro corridor

29 Dec 2021

Infra

ITC commissions first offsite solar plant in Tamil Nadu

ITC Limited has commissioned its first offsite solar plant in Dindigul, Tamil Nadu. The 14.9 MW solar plant, built at an investment of Rs 76 crores, will help reduce CO2 emissions over

28 Dec 2021

Power & Energy

December 2021

Reliance New Energy Solar to acquire Faradion Limited

Tata Motors to support setting up of a vehicle scrapping facility in Maharashtra

IndianOil to invest Rs 9,028 crore for new Crude Oil Pipeline from Mundra

SJVN and DVC ink MoU for floating solar energy projects

IRB Infra completes INR 5,347 crores equity fundraise

Maharashtra signs MoU with Mahindra Cero for multiple vehicle-scrapping units

Dalmia Cement Bharat leads sustainability efforts with the launch of Indiaâ€™s first e-trucks initiative

Dassault SystÃ¨mes to set up Mining Technology Excellence Centre in India for sustainable mining

Tata-Siemens JV to develop metro corridor for Pune Metro under PPP route

ITC commissions first offsite solar plant in Tamil Nadu

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December 2021

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