NLC India has signed a memorandum of understanding (MoU) with Assam Power Distribution Company Limited (APDCL) to form a joint venture (JV) to develop a 100MW solar power project in Assam. The Indian state-owned company will own a 51% stake in the joint venture, while Assam Power Distribution Company, which is owned by the Assam […]
RITES Ltd., a transport infrastructure consultancy and engineering company, has opened its first office in Guwahati, Assam. The office of the Indian Railways subsidiary is located opposite the Assam Secretariat. Pawan Chowdhry — RITES Ltd. Executive Director (Buildings & Airports) said: “We have been partnering with North-East in its development. Now, to further cement RITES’ […]
Lupin said that its recently created diagnostics business — Lupin Diagnostics has opened its reference laboratory in Guwahati in line with the latter’s strategy to grow its footprint in India. This follows Lupin Diagnostics’ opening of a reference laboratory in Kolkata. The Lupin Diagnostics lab in Guwahati can perform a range of routine and specialized […]
Adani Total Gas Limited said that it has received letters of intent (LoI) from the Indian Petroleum and Natural Gas Regulatory Board (PNGRB) to develop city gas distribution (CGD) networks under the 11th CGD Bidding Round. The company bagged LOI for 11 geographical areas (Gas) across the states of Assam, Chhattisgarh, Jharkhand, Madhya Pradesh, Maharashtra, […]
Gulshan Polyols Limited said that it entered into a long-term offtake agreement with oil marketing companies (OMCs) such as IOCL, BPCL, and HPCL for the supply of 3.96 crores litres per annum of indigenous denatured anhydrous ethanol for Assam under the Ethanol Blending Petroleum Program. As per the offtake agreement, the supply will begin within […]
Apollo Hospitals Enterprise Ltd has agreed to acquire a 64% stake in Asclepius Hospitals and Healthcare, which operates the Excelcare Hospital, a 180-bed multi-specialty hospital in Guwahati. The enterprise value of Asclepius Hospitals and Healthcare as per the terms of the deal is INR 210 crores. Apollo Hospitals Enterprise will execute the deal via its […]
Ircon International Limited has bagged a contract worth INR 11.74 crores from the Airports Authority of India pertaining to the Lokpriya Gopinath Bordoloi International Airport (Guwahati International Airport) in Guwahati, Assam. The Indian government-owned integrated engineering and construction company has been appointed as an independent engineer for operations, management, and development of the airport. The […]
Oil India Limited said that it has transferred more than three crores and sixty one lakh equity shares of Numaligarh Refinery Limited (NRL), the holding company of the Numaligarh oil refinery in Assam, to the Assam government. The consideration of the share transfer is INR 217.75 per share with the total sum being INR 7.86 […]
WardWizard Innovations and Mobility, an India-based manufacturer of the Joy e-bike electric two-wheelers brand Joy e-bike, has opened a couple of exclusive dealerships in Assam with one-stop sales and service facilities. The automobile company said that the dealerships are equipped with complete sales and service facilities to enable its EV brands to reach the northeastern […]
Engineers India Limited (ElL) said that it has bagged an order worth INR 111 crores for the execution of the revamp of a delayed coker unit (DCU) at the Numaligarh oil refinery in Assam, India. As per the contract awarded by Numaligarh Refinery Limited (NRL), Engineers India Limited will carry out the project as a […]