Ventive Hospitality files draft IPO papers with Sebi to raise Rs 20 billion

Hindware Opens Rs 1.7 Billion Plastics Plant In Roorkee

Hindware has inaugurated its third manufacturing facility at Roorkee, Uttarakhand, to produce a broad range of CPVC, UPVC, SWR and PVC pipes and fittings, as well as overhead water storage tanks under the Truflo brand. Built with an investment of about Rs 1.7 billion, the plant opens with an annual capacity of 12,500 tonnes, taking the company’s total capacity—including its existing Sangareddy site—to 80,500 tonnes. Strategically located to serve northern and western India, the new unit is expected to sharpen Truflo’s distribution efficiency while creating roughly 200 direct an..

Hartek Wins Rs 1.38 Billion Substation Deal from POWERGRID

Engineering, procurement, and construction (EPC) firm Hartek Group has secured a contract worth Rs 1.38 billion from state-owned POWERGRID for the development of a 400 kilovolt (kV) substation in Karnataka.In a statement issued on Wednesday, the company said the project will be delivered under the Tariff-Based Competitive Bidding (TBCB) route and will involve the design, engineering, procurement, construction, and commissioning of an Air Insulated Switchgear (AIS) substation.The comprehensive scope includes testing at the manufacturer’s works, supply, unloading, storage, erection, and commis..

SJVN Signs Power Supply Deals for 1.5 GW Green Projects

State-run SJVN Ltd has signed multiple power purchase agreements to supply over 1,492 MW of renewable energy from its hydroelectric projects in Nepal and Himachal Pradesh, marking a major step in India’s clean energy transition.The company signed a Power Sale Agreement (PSA) with Uttar Pradesh Power Corporation Ltd (UPPCL) for the supply of electricity from its 900 MW Arun-III Hydro Electric Project in Nepal. The cross-border project is being developed in Sankhuwasabha district by SJVN’s wholly owned subsidiary, SJVN Arun-3 Power Development Company (SAPDC), and is expected to be commi..