Megha Engg secures 2000 MW Sharavathi project

Madhav Infra Projects wins Rs 3.30-bn Surat solar project

Madhav Infra Projects announced that they had received a letter of intent (LoI) from Gujarat Industries Power Company (GIPCL) for a solar power generation project valued at Rs 3.29 billion.

According to the terms of the agreement, Madhav Infra Projects would be responsible for implementing a 75MW (AC) solar power project at Vastan near SLPP Tal-Mangrol in Surat district of Gujarat.

The company stated in a regulatory filing that the scope of work included the design, engineering, supply, construction, erection, testing, commissioning, and three years of operation and maintenance..

Edelweiss Alternatives Acquires LT Infra Projects

Edelweiss Alternatives, a subsidiary of Edelweiss Group, has made a significant move in the infrastructure sector with its acquisition of the infrastructure projects arm of Larsen & Toubro (L&T) for a staggering ?6,000 crore. This strategic acquisition marks a pivotal moment for Edelweiss Alternatives, solidifying its presence and influence in the infrastructure investment landscape. The deal underscores Edelweiss Group's commitment to diversifying its portfolio and tapping into promising sectors for growth and profitability.

With this acquisition, Edelweiss Alternatives gains access t..

Delhi Govt allocates Rs 18.67 billion less for transport in 2024-25

According to official data, the Delhi government's allocation for the transport sector in the fiscal year 2024-25 experienced a decrease of Rs 18.67 billion compared to the corresponding figure for 2023-24, which was Rs 93.37 billion.

While presenting the budget in the Delhi Assembly, Finance Minister Atishi stated that the allotment for the 2024-25 fiscal year was Rs 74.70 billion, including Rs 57.02 billion for transport and Rs 17.68 billion for road and flyover projects in the national capital.

During his inaugural budget presentation, Minister Kailash Gahlot had proposed ..

TVS Motor Unveils Electric Two-Wheeler

TVS Motor Company, a leading two-wheeler manufacturer in India, has unveiled its latest addition to the electric vehicle segment with the launch of the TVS iQube Electric in Bengaluru. This move marks the company's foray into the burgeoning electric vehicle market, aligning with the global shift towards sustainable mobility solutions.

The TVS iQube Electric promises to redefine urban commuting with its advanced technology and eco-friendly features. Boasting a sleek design and compact structure, the electric scooter is tailored to meet the evolving needs of urban commuters, offering a s..

Chinese EV Giant Leapmotor Eyes Indian Market

Chinese electric vehicle (EV) manufacturer Leapmotor is poised to make a significant entry into the Indian market in the third quarter of the 2024-25 fiscal year. With India rapidly transitioning towards electric mobility, Leapmotor's arrival could mark a pivotal moment in the country's automotive industry.

Leapmotor's decision to venture into India underscores the growing appeal of the country as a lucrative market for EV manufacturers worldwide. As one of the world's largest automotive markets, India presents immense opportunities for companies looking to capitalise on the increasing..