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PM Lays Foundation Stone of India’s First Commercial Semiconductor Fabrication Facility Worth INR 91,000 Crore

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The Tata-Powerchip Semiconductor Manufacturing Corp unit at Dholera is the country’s first commercial semiconductor fabrication facility having 50,000 WSPM capacity. Two more semiconductor plants inaugurated at Gujarat and Assam worth around INR 34,600 crore. Mar 13, 2024 Prime Minister Narendra Modi laid the foundation stone of the Tata-Powerchip Semiconductor Manufacturing......
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Exicom Tele Systems Aims To Raise INR 429 Crore Through Maiden IPO

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Maiden IPO of Exicom Tele Systems debuts at 86.6 percent premium, experts expect doubling of its issue price of INR 142 apiece. Mar 19, 2024 Power management solutions provider Exicom Tele Systems recently launched its maiden initial public offering (IPO), comprising a fresh issue of INR 329 crore worth shares......
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Asian Cables to Establish New Aluminum Conductor Manufacturing Plant

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Asian Cables’s new aluminum conductor plant not only aligns with the nation’s vision of self-reliance but also positions them to meet the growing demand for uninterrupted power supply. Feb 28, 2024 Leading manufacturers of cables in India, Asian Cables, a division of KEC International, has announced plans to establish a......
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PM Lays Foundation Stone for Torrent Power Projects Worth INR 25,000 Crore in UP

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The projects, which include two pumped storage hydro projects having total capacity of 4,150 MW, one solar power plant with capacity of 150 MW, and a pilot green hydrogen production facility, will bolster the sustainable energy landscape of Uttar Pradesh. Feb 20, 2024 Prime Minister Narendra Modi has laid the......
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Germany Proposes USD 17 Billion Subsidy for Hydrogen-Ready Gas Power Plants

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Germany expects hydrogen transition plans to get a green signal by 2032, allowing gas power plants to operate completely on hydrogen fuel between 2035 and 2040 Feb 22, 2024 In order to boost intermittent renewable energy and speed up the transition to low-carbon generation, the German government has come up......
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Belden Inc Expands Manufacturing Facility in Pune with Investment of INR 248 Crore

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The expansion of Belden’s manufacturing facility in Pune under Phase-2 will increase its production capabilities and also the existing footprint by 19,000 square meters. Feb 21, 2024 Belden Inc, a prominent global supplier of network infrastructure and digitization solutions, has marked a significant milestone in its operations in India with......
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HFCL to Invest ~INR 144 Crore to Set Up Optical Fiber Cable Plant in Poland

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HFCL Limited has planned an investment of approximately INR 144 crore for setting up an optical fibre manufacturing facility in Poland underscoring the company’s global expansion strategy. The OFC manufacturing plant is scheduled to begin with a capacity of 3.25 million fkm and scalable up to 7 million fkm. Feb......
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Prysmian Collaborates with Interbrand, Unveils New Global Brand

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Prysmian unveils a new global brand to support its commitment to lead the energy transition and digital transformation challenges. The new brand identity has been developed in partnership with Interbrand. Feb 22, 2024 Prysmian, a leader in the energy transition and digital transformation, launched, in collaboration with Interbrand — a......
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Tata Power to Acquire Jalpura Khurja Power Transmission Project Worth INR 838 Crore

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The special purpose vehicle project will be developed on a build-own-operate-transfer (BOOT) basis to provide transmission services for 35 years from the scheduled date of commercial operation, which is 18 months from the date of SPV acquisition. Feb 20, 2024 Tata Power has received the letter of intent (LoI) from......
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PM Lays Foundation Stone of NHPC’s 300 MW Bikaner Solar Power Plant with Investment of INR 1732 Crores

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Prime Minister Shri Narendra Modi laid the foundation stone of the 300 MW Solar Power Plant located at Karnisar-Bhatiyan Village, Rajasthan. The project aims to produce around 750 million units of green power annually. Feb 16, 2024 In a major thrust towards achieving the Government of India’s ambitious Renewable Energy......
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