BCPL to infuse Rs 4.5 billion for naphtha storage

24 Aug 2022 CW Team

Brahmaputra Cracker & Polymers (BCPL) has reportedly proposed an investment of Rs 4.5 billion in the Haldia port area of West Bengal for a naphtha import storage and despatch facility. The Assam Gas Cracker project, the largest petrochemical project in the Northeast, is being implemented by BPCL. Syama Prasad Mookerjee Port received the feasibility report from the company (SMP). SMP Kolkata has three ongoing projects worth Rs 7.5 billion, and several projects worth Rs 25 billion will be developed over the next three to four years.

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Infrastructure Urban

15 Oct 2025

IGBC Net Zero Project Office Inaugurated in Amaravati

The Indian Green Building Council (IGBC) marked a landmark event as Shri N. Chandrababu Naidu, Hon’ble Chief Minister of Andhra Pradesh, inaugurated the Andhra Pradesh Capital Region Development Authority’s (APCRDA) new Project Office in Amaravati on 13 October 2025. The ceremony was attended by Shri Chandra Sekhar Pemmasani, Union Minister of State for Communications & Rural Development; Shri Ponguru Narayana, Minister of Municipal Administration and Urban Development, Government of Andhra Pradesh; Shri S. Suresh Kumar, IAS, Principal Secretary, MA & UD; Mr. C Shekar Reddy, National Vice-..

Ingersoll Rand Opens New Rs 1.7 Billion Facility in Gujarat

Ingersoll Rand (India) Limited, a wholly owned subsidiary of Ingersoll Rand Inc. (NYSE: IR), has inaugurated its state-of-the-art manufacturing facility in Sanand, Gujarat, marking one of its most significant investments in India worth Rs 1.7 billion (?USD 20 million). The new facility reinforces the company’s commitment to innovation, sustainability, and regional growth. In its first phase, the site will produce over 24,000 units annually, with additional phased investments planned. Scheduled to begin production by Q4 FY2025, the Sanand facility will expand Ingersoll Rand’s total capacit..

MoD Spends Over 50% of FY26 Defence Capital Outlay by September

The Ministry of Defence (MoD) has utilised more than 50 per cent of its capital outlay for FY 2025–26 by the end of September. The capital expenditure stands at Rs 922,114.4 million (51.23 per cent) out of the total allocation of Rs 18 billion. In the previous fiscal, MoD had fully utilised its capital budget of Rs 1,597,684 million. This strong expenditure pace will ensure timely delivery of major platforms such as aircraft, ships, submarines, and weapon systems vital for the modernisation of the Armed Forces. Most of the spending has been on aircraft and aero engines, followed by land sys..