TVS ILP signs MoU with Goa-IPB

01 Feb 2024 CW Team

TVS Industrial and Logistical Parks (TVS ILP) signed an MoU with the Goa Investment Promotion & Facilitation Board (Goa-IPB) for the development of an avant-garde Grade A Logistics & Warehousing Park in the Verna Industrial Estate. The strategic commitment involves an investment of Rs 125 crore, marking TVS ILP's proactive stance in fostering industrial growth in the state.

The signing ceremony took place at the prestigious Invest Goa 2024 Summit held at Taj Cicade de Goa, Dona Paula. The MoU was signed between Dr. Ramnath Subramaniam, CEO of TVS ILP, and Swetika Sachan IAS, CEO of Goa-IPB.

Spanning an extensive area of 15-20 acres, this state-of-the-art facility is poised to redefine logistics and warehousing standards in the region. The venture is not only about infrastructural development but also about generating substantial economic impact in the area. The project anticipates providing direct employment for 250 individuals and creating indirect opportunities for up to 1000 people, thereby contributing significantly to job creation in the local community.

TVS ILP's mission is to cater to the existing industries in Goa while enticing potential investors in critical sectors. The collaboration with the Government of Goa, as signified by the MoU signing, showcases TVS ILP's dedication to enhancing the state's industrial landscape.

Infrastructure Energy

08 Oct 2025

India, Brazil Discuss Energy Ties And Oil Investments

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri held discussions with Celso Luis Nunes Amorim, Special Advisor to the President of Brazil, and senior Brazilian officials to strengthen bilateral cooperation in the oil, gas, and energy transition sectors. The talks took place during a dinner hosted by Kenneth H da Nobrega, Ambassador of Brazil to India, at his residence in New Delhi.Mr Puri said the meeting focused on Indian investments in Brazil’s oil and gas sector, as well as expanding collaboration in energy transition and biofuels. “The enriching conversation revolved ar..

ONGC To Invest Rs 8.11 Billion In Andhra Onshore Oil, Gas Project

The Oil and Natural Gas Corporation Limited (ONGC) is set to invest Rs 8.11 billion for the onshore development and production of oil and gas from 172 wells across eight Production Mining Licence (PML) blocks in Andhra Pradesh.A committee under the Ministry of Environment, Forest and Climate Change (MoEFCC) has recommended environmental clearance (EC) for the project during a review meeting held last month.According to the Expert Appraisal Committee (EAC) minutes, the total project cost is estimated at Rs 8.11 billion, with a capital allocation of Rs 172 million towards the Environment Managem..

Tripura To Supply 40 MW Power To Mizoram For Christmas

The Tripura State Electricity Corporation Limited (TSECL) will supply 40 megawatts (MW) of power to Mizoram during the upcoming Christmas celebrations, continuing a long-standing tradition of power exchange between the two north-eastern states, officials confirmed on Sunday.During Durga Puja, the Mizoram State Power Corporation (MSPC) had supplied an equivalent 40 MW of electricity to Tripura to ensure an uninterrupted power supply during the festive period.“We had an agreement to receive 40 MW during Durga Puja, although the full amount was not utilised due to lower-than-expected demand in ..