JSW Steel acquires Full Ownership of NSL Green Steel Recycling

25 Sep 2023 CW Team

JSW Steel, a leading player in the steel industry, has taken a significant step in expanding its presence by acquiring full ownership of NSL Green Steel Recycling from National Steel Holding. This strategic move underscores JSW Steel's commitment to sustainability and its vision for a greener future. In this acquisition, JSW Steel gains complete control over NSL Green Steel Recycling, enhancing its capabilities in eco-friendly steel production and recycling. The move aligns perfectly with the growing global demand for environmentally responsible steel manufacturing practices.This acquisition positions JSW Steel as a key player in the transition towards sustainable steel production, further solidifying its position in the competitive steel industry. As the world seeks greener solutions, JSW Steel's investment in NSL Green Steel Recycling demonstrates a commitment to meeting the evolving needs of the market while reducing the carbon footprint associated with steel production.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..