Twenty-two power transmission and distribution projects inaugurated in J&K

Nextgen Semiconductors to Raise Rs 10–15 Billion for Gujarat Plant

Nextgen Semiconductors, which has announced plans to establish a chip manufacturing facility in Gujarat, said on Friday that it will raise Rs 10–15 billion through equity and other financial instruments over the next 12 months.The company has committed to investing more than Rs 88 billion in phases to set up a fully integrated silicon and silicon carbide power semiconductor platform at the Dholera Special Investment Region.The project is expected to play a crucial role in strengthening India’s semiconductor ecosystem and reducing reliance on imports, as the government pushes to position Gu..

Servotech Signs Deal to Supply EV Chargers and Solar Solutions

Servotech Renewable Power System Ltd., a leading player in the renewable energy and EV charging sector, has entered into a definitive trade agreement with Mauritius-based Enovra Energy Solutions Limited. Under this agreement, Servotech will supply EV chargers and solar solutions to Enovra for distribution and deployment across Mauritius and other surrounding regions.As part of this agreement, both companies have established a binding commitment, ensuring long-term business consistency and reinforcing the partnership’s seriousness and scalability. Enovra Energy Solutions, a key player in Maur..

RRP Electronics Secures Land for Rs 1.2 Billion Semiconductor Fab

RRP Electronics, which plans to set up a Rs 1.2 billion semiconductor fab in Maharashtra, on Friday announced receiving a letter of comfort from the state government for a 100-acre land parcel in Navi Mumbai for the proposed facility.Maharashtra Chief Minister Devendra Fadnavis presented the letter of comfort to the company at a late event on Thursday, the company, which is backed by legendary cricketer Sachin Tendulkar, said in a statement.“The company has secured 100 acres in Navi Mumbai for relocating a semiconductor fab from Sherman, Texas, from one of the world’s most established semi..