Prism Johnson's cement division goes live with Ramco ERP Suite

Adani Power Wins Rs 20 Billion Project to Supply 1,500 MW to UP

Adani Power Limited has secured a project worth Rs 20 Bn to supply 1,500 megawatts of thermal power to Uttar Pradesh, emerging as the lowest bidder in a competitive tender. The power will be delivered at a levelised tariff of Rs 5.383 per unit.The supply will come from a greenfield ultra-supercritical thermal power plant with a two-by-eight hundred megawatt configuration, resulting in 1,500 megawatts of net capacity. The facility will be established in the state under the Design, Build, Finance, Own, and Operate (DBFOO) model.The project, approved earlier this month by the Uttar Pradesh cabine..

Odisha Plans $14 Billion Petchem Hub, Indian Oil to Invest

The eastern Indian state of Odisha expects investments of Rs 1.2 trillion ($14.1 Bn) over the next ten years to establish a petrochemical hub near the Bay of Bengal. Indian Oil Corporation Limited, the country’s largest refiner by capacity, will contribute half the amount to set up a naphtha cracker facility.The new complex in Paradip will include a dual-feed cracker and downstream units to produce phenol and polyethylene. Indian Oil, which already runs a refinery with a three hundred thousand barrels-per-day capacity in the region, has committed Rs 610 Bn to the project.The state government..

Ant Group to Sell 4 Per Cent Stake in Paytm

China’s Ant Group, through its affiliate Antfin Netherlands Holding BV, is set to sell 26 Mn shares in One 97 Communications, the parent company of Paytm. This represents approximately four per cent equity. The floor price for each share is fixed at Rs 809.75, a 6.5 per cent discount to Monday’s closing rate. Based on this price, the stake sale may raise Rs 20.65 Bn.Antfin has gradually reduced its holding in the Indian financial technology firm. As of March 2025, it held 9.85 per cent equity. In August 2023, it had divested a 3.6 per cent stake for Rs 20.37 Bn. Citigroup and Goldman Sachs..