JSW Infrastructure sets up division for JNPT project

18 Mar 2024 CW Team

JSW Infrastructure announced that it had established a wholly-owned subsidiary to undertake a port project at JNPT in Maharashtra. The incorporation of JSW JNPT Liquid Terminal took place on March 13 in Mumbai, as indicated by a regulatory filing.

According to the company, a Letter of Intent (LoI) had been received from Jawaharlal Nehru Port Authority regarding the equipping, operation, maintenance, and transfer of additional liquid cargo berths LB3 and LB4 at the port. JSW Infrastructure stated that the terms of the Letter of Intent (LoI) necessitated the establishment of a special purpose vehicle to engage in a concession agreement within 30 days of the LoI's issuance.

The company further stated, Consequently, a new entity has been incorporated by the company to facilitate the execution of the mentioned concession agreement and to meet the obligations outlined within it.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..