The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD145-million loan to India to improve irrigation service delivery and strengthen flood risk management in West Bengal. Earlier this month, AIIB President Jin Liqun also approved a USD 65-million 250-megawatt (MW) solar power project in Jodhpur.
JSW Cement is at present aiming to grow its cement manufacturing capacity to 25 MTPA by 2023. Its current capacity is 14 MTPA. One of the key enablers of its targeted 25 MTPA capacity growth are various projects being undertaken at its subsidiary, Shiva Cement, in Odisha. Upon achieving this capacity target, JSW Cement will rank among top 5 cement companies in India
ITD Cementation India, a construction major in India, recently announced through its BSE filing that the company bagged five contracts estimated to be worth over Rs 34 billion, for major infrastructure projects in the country.