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Numaligarh Refinery Expansion Cost Rises to Rs 340 Billion
Numaligarh Refinery Limited has revised the cost estimate for its expansion project to Rs 340 billion (bn) and has sought government approval for the higher budget. The company indicated that the revised figure supersedes earlier estimates and will alter the capital requirements for the scheme. The expansion is intended to increase processing capacity and modernise facilities, subject to regulatory clearance. Officials said the request was submitted to federal authorities for consideration and clearance. The revision reflects an upward adjustment driven by increased capital outlay, higher comm..
Capital-A, SanchiConnect Invest Rs 27 cr in Startups
Capital-A, a manufacturing-focused venture capital fund, along with SanchiConnect, has announced an investment of Rs 27 crore in three startups under its manufacturing accelerator programme, MaXcel. The selection followed a nationwide evaluation of over 2,000 startups. India has more than 3,000 deeptech startups and has attracted over USD 10 billion in cumulative funding over the past decade, according to industry estimates. However, capital-intensive manufacturing ventures remain at a relatively early stage. Manufacturing contributes around 16–17 per cent to India’s GDP and is targeted t..
RIB Showcases Digital Roadmap for Project Delivery
RIB Software hosted the RIB Unite Digital Construction Leadership Summit on 23 January at JW Marriott, Mumbai, bringing together RIB CostX customers and industry stakeholders to discuss digital transformation, cost management, and technology-enabled project delivery within the Indian construction ecosystem. The closed-door summit began with an overview of RIB’s global footprint, positioning the company as a construction technology provider offering end-to-end solutions across the project lifecycle—from planning and design to construction, operations, and asset maintenance...To read the fu..

