News archive

L&T Construction awarded large contracts

L&T Construction awarded large contracts

The Water & Effluent Treatment business has secured multiple EPC orders for the execution of rural piped water supply schemes in various districts of Madhya Pradesh. The projects are part of Jal Jeevan...
11 January 2021
Govt boost for sugar mills: 5,361 cr dues cleared

Govt boost for sugar mills: 5,361 cr dues cleared

Just a month after announcing a Rs 65,000-crore booster for the fertiliser industry, clearing all pending subsidy bills, the Centre recently unveiled a similar package for the sugar sector. Mills will...
11 January 2021
Godawari Power signs MoU with Chhattisgarh Government

Godawari Power signs MoU with Chhattisgarh Government

Godawari Power & Ispat signed a memorandum of understanding with the Government of Chhattisgarh for setting up facilities in the Raipur and Bastar region in the state. Under the MoU, Godawari Power...
11 January 2021
BHEL wins NPCIL order for 32 reactor header assemblies

BHEL wins NPCIL order for 32 reactor header assemblies

Amidst stiff competitive bidding, BHEL has won a prestigious order for the supply of 32 reactor header assemblies from Nuclear Power Corporation of India Limited (NPCIL). The order has been won under NPCIL’s...
11 January 2021
India to set up 3 bulk drug parks to manufacture APIs

India to set up 3 bulk drug parks to manufacture APIs

The Central government will set up three bulk drug parks to manufacture chemical compounds or active pharmaceutical ingredients (APIs) for medicines and reduce their imports from China. The bulk drug parks...
11 January 2021
Odisha clears investment proposals worth Rs 6,443 cr

Odisha clears investment proposals worth Rs 6,443 cr

The state government of Odisha cleared investment projects worth Rs 6,443 crore, including some expansion projects in diverse sectors which will generate around 4,700 jobs. The high-level clearance authority...
11 January 2021
Bahrain to sign key oil deals in early 2021

Bahrain to sign key oil deals in early 2021

Bahrain's Tatweer Petroleum Company is expected to sign new agreements with international oil companies for offshore oil blocks in early 2021, a report said. Tatweer Petroleum aims to sign exploration...
11 January 2021
Kuwait may set up a new petrochemical project

Kuwait may set up a new petrochemical project

Kuwait will issue a tender in April for the appointment of a consultant for a feasibility study for a new petrochemical project, a local newspaper said. The government-owned Petrochemical Industries Company...
11 January 2021
ONGC opens eighth hydrocarbon producing basin of India

ONGC opens eighth hydrocarbon producing basin of India

Oil and Natural Gas Corporation (ONGC) recently opened India's eighth hydrocarbon producing basin when it started oil flow from a well in the Bengal basin. Oil production commenced from the well Asokenagar-1...
04 January 2021
NRL’s 949 cr plan to boost capacity, lay pipelines

NRL’s 949 cr plan to boost capacity, lay pipelines

The state-owned Numaligarh Refinery Limited (NRL) in Assam has undertaken an ambitious Rs 949 crore plan to augment its capacity and lay 2,200 km of the crude oil pipeline from the Paradip port in Odisha...
04 January 2021