Gujarat State Petronet Commissions INR 650 Crore Natural Gas Pipeline
The natural gas pipeline connects the newly established 5 million tonnes per annum LNG import terminal at Chhara in the Gir-Somnath district to the gas grid, boosting the natural gas supply & infrastructure. Mar 24, 2025 Gujarat State Petronet has commissioned an INR 650 crore natural gas pipeline, connecting HPCL’s unit- HPCL LNG Limited’s newly […]
HIL Rebrands as BirlaNU, Plans to Invest INR 1,300 Crore by 2028
HIL Limited has rebranded itself as BirlaNu. The company plans to invest INR 1,300 over 3 years, targeting to become a USD 1 billion company. Mar 25, 2025 CK Birla Group’s flagship company, HIL Limited has unveiled a new brand identity, BirlaNu. The company aims to become a USD 1 billion company by planning to […]
PLI Steel 1.1 Secures INR 17,000 Crore Investment Commitment from 25 Companies
PLI 1.1 sees INR 17,000 crore investment commitment in second round with 42 MoUs signed, strengthening India’s Self-Reliance in Steel. Mar 24, 2025 PLI scheme for speciality steel, termed PLI Scheme 1.1, has drawn an investment of approximately INR 17,000 crore from 25 companies. The 2nd phase of the scheme was launched in January 2025, […]
BMW Industries Limited Signs MoU with Ministry of Steel to Develop Specialty Steel in Jharkhand
BMW Industries Limited (BMWIL), has signed a Memorandum of Understanding (MoU) with the Ministry of Steel under the Production Linked Incentive (PLI) Scheme 1.1 for Specialty Steel. The MoU was formalized at Vigyan Bhawan, New Delhi. Mar 24, 2025 BMW Industries Limited (BMWIL), a leading manufacturer in the downstream steel sector, has signed a Memorandum […]
Indian Hume Pipe Sells Bengaluru Land for INR 559 Crore
Indian Hume Pipe has finalized the sale of its freehold land in Venkatala village, Yelahanka, Bengaluru, for INR 559 crore, increasing the company’s cash reserves, potentially for operational efficiency and future expansion. Mar 21, 2025 Indian Hume Pipe has finalized the sale of its freehold land in Venkatala village, Yelahanka, Bengaluru, for INR 559 crore. […]
JTL Deploys 250,000 Metric Tonnes of Advanced Direct Forming Technology at its Maharashtra Facility
The DFT setup enables JTL to manufacture square tubes measuring up to 350 x 350 mm and rectangular tubes up to 400 x 300 mm, with material thicknesses reaching 14 mm. This enhancement increases JTL’s SKU range from 1,200 to 2,000, meeting a broader market demand. Mar 24, 2025 JTL Industries has announced the successful […]
Rashmi Group Partners Spain’s Prodesa Group to Build 500 TPD Biomass Plants in Jharkhand
The setting up of two biomass pellet plants in Jharkhand will revolutionize the green energy sector in the eastern region of India, catering to the rising demand for biomass pellets in power plants, steel, cement and FMCG industries. Mar 21, 2025 Rashmi 6 Paradigm Limited, a venture of Rashmi Group and leading producer of biomass […]
Lloyds Metals and Energy Secures Environmental Clearance for 2 Mega Projects in Maharashtra
Lloyds Metals and Energy Limited have received environmental clearance from the Ministry of Environment, Forest, and Climate Change to establish a 1.2 million tonne per annum wire rod project and a 4 million tonne per annum pellet plant in Maharashtra. March 17, 2025 Lloyds Metals and Energy Limited have received environmental clearance from the Ministry […]
European Commission Reveals ‘Action Plan’ to Decarbonize Steel & Metal Industries
The plan will ensure an affordable and secure energy supply for the sector, prevent carbon leakage, expand and protect European industrial capacities, promote circularity, protect quality industrial jobs, and ensure de-risking of decarbonisation. Mar 20, 2025 In order to maintain and expand European industrial capacities in the steel & metal sectors, as well as strengthen […]
Prince Pipes Commences Commercial Production in Bihar
The state-of-the-art manufacturing unit, having capacity to manufacture around 24,000 MTPA of PVC and CPVC pipes & fittings in its first phase, will cater to the Eastern region, one of the fastest-growing markets in the country. Mar 19, 2025 Prince Pipes and Fittings Limited (PPFL), one of India’s largest integrated piping solutions and multi polymer […]
