Ambuja Cement Foundation, TSPL enter pact for Punjab self-help schemes

28 Jun 2021 CW Team

Talwandi Sabo Power (TSPL), a subsidiary of Vedanta Limited, has signed a memorandum of understanding (MoU) with Ambuja Cement Foundation.

The partnership plans to promote 200 self-help groups in Punjab's Mansa district. The focus of the groups will be on women's empowerment. It will establish at least three independent enterprises to address community problems in the district, according to the memorandum of understanding (MoU).

As the major focus is on women, gender, and livelihoods, the new partnership with TSPL will further support us to drive impactful initiatives under the women empowerment programme and enhance the already existing programmes in Punjab, said managing director and chief executive officer Pearl Tiwari.

Ambuja Cement Foundation is a pan-India grassroots implementation organisation that harnesses the power of partnerships – between communities, the government, and other like-minded corporations and non-governmental organisations – to help solve pressing community problems and foster prosperity.

Punjab State Electricity Board (PSEB) established Talwandi Sabo Power Limited (TSPL) as a special purpose vehicle (SPV) to construct a 1,980 MW thermal power plant in Village Banawala, Punjab.

Image Source

Also read: ACC and Ambuja’s arm Geocycle India has planned to clean Jojari river

Also read: Ambuja Cement, first to introduce green fuel on captive ships

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..