JSW Energy said that its step-down subsidiary JSW Renew Energy Two has begun the commissioning of a 450MW wind farm in Tuticorin, Tamil Nadu. The commissioning has been initiated for the first phase of the ISTS-connected project, for a capacity of 27MW. The Tuticorin wind farm was awarded to the company under Solar Energy Corporation […]
Tamilnad Mercantile Bank (TMB) has entered into a partnership with Max Life Insurance Company and Cholamandalam MS General Insurance to launch the marketing of life insurance products and general insurance products, respectively. The scheduled commercial bank, which is headquartered in Thoothukudi, Tamil Nadu, has 509 branches and 12 regional offices across India. S.Krishnan — Tamilnad […]
Chennai Petroleum Corporation (CPCL) along with Indian Oil Corporation Limited (IOCL or IndianOil) and seed equity partners have entered into a joint venture agreement for implementing the 9MMTPA Nagapattinam refinery project in Tamil Nadu. IndianOil and CPCL will have a combined stake of 50%, with each having 25% in the joint venture company. The remaining […]
Kohlberg Kravis Roberts & Co. (KKR) has launched a roads infrastructure investment trust (InvIT) in India called Highways Infrastructure Trust (HIT). The initial portfolio of KKR Highways Infrastructure Trust is made up of six roads assets having a total length of over 450km across six states. The assets are said to feature a mix of […]
Accenture has expanded its global delivery network by opening a new advanced technology center in Coimbatore, Tamil Nadu. The new Accenture technology center in Coimbatore will focus on developing and providing transformative technology services for clients across industries and in various parts of the world. Mahesh Zurale — Accenture senior managing director and lead of […]
Visaka Industries Limited, a manufacturer of cement sheets, said that it has started commercial production at a new panel unit at Udumalpet Village in Tirpur district, Tamil Nadu (TN). According to Visaka Industries, the Panels Division – III has an installed capacity of 10,000 MT per annum effective from 20 July 2022.
Linde India Limited said that it has opened its first-ever women operated packaged gas plant (PGP) in Trichy, Tamil Nadu. John Panikar – Linde Executive Vice President, Asia Pacific said: “We at Linde realize the importance and necessity for Diversity and Inclusion in the workforce and are rising to the occasion. The Trichy plant shows […]
Bharat Forge and its subsidiary BF Industrial Solutions have wrapped up the previously announced INR 489.63 crores acquisition of JS Auto Cast Foundry India. Founded in 2004, JS Auto Cast Foundry India is a ductile iron foundry that has been manufacturing raw and machined castings. The iron foundry is located in Kuppepalayam, Coimbatore. Recently, JS […]
NLC India has proposed to build a lignite to methanol project with an investment of INR 4,400 crores at Neyveli in Tamil Nadu. Expected to be commissioned in 2027, the lignite to methanol plant in Neyveli will have a capacity of 1,200 tonnes per day (0.4 MTPA). NLC India has requested the Indian Ministry of […]
Veranda Learning Solutions, an Indian edutech company, said that its subsidiary Veranda RACE has opened its 25th RACE delivery partner centre, which is located in Krishnagiri, Tamil Nadu. For more than 10 years, Veranda RACE has been offering education and training via blended and offline learning models to students for banking, insurance, railways, staff selection […]