T&D equipment suppliers likely to be resilient to business disruptions: Ind-Ra

MHI to Design Japan’s Largest CO2 Capture Plant

Mitsubishi Heavy Industries, (MHI) has secured a contract from Hokkaido Electric Power Co., Inc. (HEPCO) for the basic design of a CO2 capture plant at the Tomato-Atsuma Power Station. The facility will use MHI’s proprietary CO2 capture technology to remove 5,200 tonnes of CO2 per day from flue gas emitted during boiler combustion. This Front End Engineering Design (FEED) marks a step towards Japan’s largest CO2 capture plant.  Under this project, MHI will assess the plant’s primary equipment and technical specifications, in preparation for future deployment. The initiative for..

IHCL Signs New Ginger Hotel in Kanpur

The Indian Hotels Company (IHCL), India’s largest hospitality company, has announced the signing of a new Ginger hotel in Kanpur, Uttar Pradesh. This will be a greenfield project. Deepika Rao, Executive Vice President, New Businesses and Hotel Openings, IHCL, said, “Kanpur is a prominent manufacturing and commercial centre in Uttar Pradesh, making it an ideal location for Ginger’s offering. This signing is part of our strategy to build Ginger’s presence in such emerging cities. We are delighted to extend our partnership with JK Urbanscapes Developers.” The 100-key Ginger Ka..

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..