Mongolia Invites Indian Firms To Invest In Mining, Oil

17 Oct 2025 CW Team

Mongolia’s Deputy Prime Minister, S. Amarsaikhan, has invited Indian companies to invest in mining and oil exploration projects in the country, highlighting new opportunities to strengthen economic and strategic ties between the two nations.

The invitation was extended during the India–Mongolia Business Forum, jointly organised by the Confederation of Indian Industry (CII), the Mongolian National Chamber of Commerce and Industry (MNCII), and the Embassy of Mongolia in India.

Addressing business leaders, Amarsaikhan underscored Mongolia’s potential as a vital land bridge in India’s Indo-Pacific strategy and its strategic position between two major markets — China and Russia. He also pointed to the landmark oil refinery project being developed in Mongolia with an investment of Rs 141 billion (USD 1.7 billion), financed by the Government of India, as a symbol of the growing partnership between the two countries.

The forum brought together industry representatives and policymakers to discuss collaboration opportunities across key sectors such as agribusiness, infrastructure development, renewable energy, transport connectivity, gold refining, and critical minerals.

Officials noted that India and Mongolia share strong cultural and historical ties, now evolving into a deeper strategic and economic partnership driven by energy cooperation, trade, and regional connectivity.

Infrastructure Energy

09 Mar 2026

BMW Industries partners with IOCL for PNG supply at Bokaro plant

BMW Industries has entered into a strategic partnership with Indian Oil Corporation (IOCL) for the supply of Piped Natural Gas (PNG), reinforcing its commitment to adopting cleaner and more efficient energy sources for its operations.The agreement was signed at the Eastern Region Pipelines (ERPL) headquarters in Kolkata. The partnership is expected to support the company’s upcoming manufacturing facility in Bokaro by facilitating the use of natural gas as a primary energy source.According to the company, the adoption of PNG will help enhance operational efficiency while also contributing to ..

Bombay Realty Secures RERA for Three ICC Tower in South Mumbai

Bombay Realty, the real estate arm of Bombay Dyeing and part of the Wadia Group, has received Real Estate Regulatory Authority (RERA) certification for Three ICC – Wing A, the latest luxury residential tower at Island City Center in Mumbai’s Dadar.The RERA registration marks a key milestone in the development timeline and reinforces the company’s focus on regulatory transparency, timely project delivery, and high construction standards.Following the success of One ICC and Two ICC, the upcoming Three ICC tower represents the next phase of the Island City Center development. The project ai..

Flender launches India’s largest wind gearbox test rig in Walajabad

Flender has inaugurated a 13.5 MW wind turbine gearbox test rig at its Walajabad facility near Chennai, marking the largest installation of its kind in India. The new facility is expected to strengthen the company’s manufacturing and testing capabilities while supporting the growing demands of the wind power sector in both domestic and global markets.The test rig was inaugurated on March 5 in the presence of Andreas Evertz, Group CEO, Flender; Lars Wiegemann, Vice President Wind Gears, Flender; and Vinod Shetty, CEO, Flender India, along with key industry customers and stakeholders.The insta..