Jindal Steel and Power to Invest INR 70,000 Crore to Enhance its Capacity
Jindal Steel and Power (JSP) is going to double the capacity of its Angul unit in Odisha to 12 million tonnes per annum (MTPA) by the end of this year, and further increase it to 25 MTPA in another six years. For this, the company would invest INR 70,000 crore in next 6 years. Jan […]
Afghanistan Advances TAPI Pipeline Construction
Afghanistan has completed another 3 kilometres of TAPI gas pipeline. Once completed, the project pipeline is designed to deliver 33 billion cubic meters of gas annually, with 5% going to Afghanistan and 47.5% each to Pakistan and India. Jan 15, 2025 Work continues on the long-stalled Turkmenistan-Afghanistan-Pakistan-India pipeline, popularly known as TAPI gas pipeline, with […]
BPCL Invests INR 95,000 Crore in Refinery-cum-Petrochemical Complex in Andhra Pradesh
The new refinery-cum petrochemical complex is expected to have a crude oil processing capacity of 9 million tonnes per year. The refinery is likely to be commissioned in 48 months from the final investment decision. Jan 24, 2025 State-owned Bharat Petroleum Corporation Limited (BPCL) has proposed an oil refinery-cum-petrochemical complex in Andhra Pradesh which is […]
DEE Development Engineers Announced INR 250 Crore Investment to Boost its Capacity
DEE Development Engineers has launched a new manufacturing plant in Anjar, Gujarat, with an annual capacity of 9,000 tonnes per annum. The second phase of expansion will enhance the capacity to 12,000 tonnes per annum. Jan 22, 2025 DEE Development Engineers has announced expansion plans with a new manufacturing facility in Anjar, Gujarat with an […]
India’s Plastic Pipe Industry Expected to Reach INR 50,000 Crore Market Size by FY25
The report highlights that the plastic pipes sector has achieved a robust 8% compound annual growth rate (CAGR) over the past decade, from FY15 to FY24, and is expected to reach a market size of INR 50,000 crore by FY25. Jan 13, 2025 According to a recent report by Jefferies, India’s plastic pipe industry has […]
JSW Infrastructure Announces INR 30,000 Crore Capex to Achieve 400 Million TPA cargo-handling capacity
The company plans capacity enhancements at its three brownfield projects and establishment of three new ports in Odisha, Karnataka and Maharashtra. Besides, it aims to achieve net neutrality by 2050. Dec 26, 2024 JSW Infrastructure Limited (JSWIL), India’s leading private port operator and part of the JSW Group, is set to reshape the nation’s ports […]
Punjab CM Supports Vardhman Special Steels for Establishing INR 1,750 Crore Special Alloy Steel Manufacturing Unit
Vardhman Special Steels Limited plans to establish an INR 1,750 crore special alloy steel manufacturing unit in the state, in collaboration with Japan’s Aichi Steel Corporation. The unit will likely have an annual capacity of 5 lakh tonnes. Punjab Chief Minister Bhagwant Mann has supported the project to boost the industrial growth in Punjab. Nov […]
Reliance Industries to Invest INR 65,000 Crore in 500 CBG Plants in Andhra Pradesh
Reliance Industries Limited has signed a MoU to invest INR 65,000 crore in setting up of 500 compressed biogas plants in Andhra Pradesh, expected to open potential opportunities for the tubes and pipes manufacturing companies in India. The company has launched the first commercial-scale CBG plant in Barabanki, Uttar Pradesh, and plans to expand to […]
Shyam Metalics Invests INR 600 Crore to Boost Steel Production
Shyam Metalics commissioned a new blast furnace and launched a sinter plant at its Jamuria facility in West Bengal to lower manufacturing costs, improve operational efficiency, and expand its capabilities for high-quality steel products across various industries. Nov 8, 2024 Shyam Metalics & Energy Limited, leading metal producer of India, has officially commissioned a new […]
JSW Steel, POSCO to Invest USD 7.7 Billion in Odisha Steel Plant
According to a media report, India’s JSW Steel and South Korea’s POSCO plan to invest INR 650 billion (USD 7.73 billion) in their proposed plant in the eastern state of Odisha, producing 5 million metric tons of steel annually and is expected to reach 18 million metric tons over time. Nov 6, 2024 India’s JSW […]
