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The response in tranche-VI of linkage auction for sponge iron sub-sector has been rousing with 99 per cent of the total offered quantity of 11.05 million tonnes (mts)

Corporate

REC Limited organizes conference on financing for roads and highways sector

January 9, 2024January 9, 2024 - by Editor

During the conference, 4 MoUs worth Rs 16,000 crore were signed with Dilip Buildcon, GMR Power & Urban Infra, CDS Infra Projects & DP Jain & Co. Infrastructure Pvt. Ltd.

Corporate

Adani Group to invest over Rs 42,700 crore in Tamil Nadu

January 8, 2024January 8, 2024 - by Editor

The biggest investment of Rs 24,500 crore will be made by Adani Green Energy Ltd in three pump storage projects (PSP) in the next 5-7 years.

Corporate

Adani Green delivers cash backed redemption plan for USD 750 million Holdco bond

January 8, 2024January 8, 2024 - by Editor

Eight months prior to maturity, the outstanding notes fully secured with cash balance in Senior Debt Redemption Account (SDRA) of Holdco Notes

Corporate

Adani Cement arm ACC completes acquisition of Asian Concretes and Cements

January 8, 2024January 8, 2024 - by Editor

The deal facilitated ACC to hold the entire ownership of ACCPL. The company was currently holding 45 per cent stake in ACCPL.

Corporate

ONGC commences ‘First Oil’ production from deep-water KG-DWN-98/2 block

January 7, 2024January 7, 2024 - by Editor

With commencement of this First Oil from ‘M – field’ on 7th January 2024, ONGC is completing Phase 2.

Corporate

Vitol and GAIL Sign Long Term LNG Supply Deal into India

January 5, 2024January 5, 2024 - by Editor

Under this deal, Vital will deliver LNG from its global LNG portfolio to GAIL in India on a pan-India basis.

Corporate

Six commercial coal mines start production, another three to begin soon

January 5, 2024January 5, 2024 - by Editor

Rs 33,343 crore Investment and three lakh employment opportunities likely from Ninety-one mines

Corporate

SAIL-Bhilai Steel Plant registers record production in 2023

January 4, 2024January 4, 2024 - by Editor

For the first time, the Plant crossed the milestone of 5 MT (million tonne) in Production and Loading of Saleable Steel for despatches in a Calendar Year on 14th Dec’23.

Corporate

Coal ministry reviews production from allocated mines under commercial auction

January 4, 2024January 4, 2024 - by Editor

Production & Dispatch from Captive/Commercial Coal Mines Goes up by 26 % and 32% respectively from April to 31st December 2023