Industry News

India has entered into agreements for the exploration of ten oil and gas blocks

India formalized agreements for the exploration of ten oil and gas blocks allocated through the latest Open Acreage Licensing Policy (OALP)-VIII bid round.

Kuwait Initiates Tender for 1,100 MW Solar Power Plant, Progressing Towards Renewable Energy Targets

The Kuwait Authority for Partnership Projects (KAPP), in conjunction with the Ministry of Electricity & Water & Renewable Energy, initiated the qualification process for companies and consortia interested in participating in a tender.

HARTEK Power Private Limited has successfully secured a contract for a 400 KV substation for the 300 MW solar facility of SPRNG Energy

On January 2, 2024, Hartek Power Private Limited, the power system and transmission & distribution (T&D) division of the renowned Hartek Group, a leading provider of engineering, procurement, and construction (EPC) solutions, proudly announced the successful completion of a substantial contract fro

Suplaud introduced Innovative Tankless Reverse Osmosis System for Premium Water Experience

Suplaud introduced its latest breakthrough – the under-sink tankless reverse osmosis system, an advanced water filtration solution that prioritizes water purity and easy installation.

REC Limited and RVNL have entered into a Memorandum of Understanding (MoU) for a funding commitment of USD 4.20 Billion for infrastructure projects

REC Limited, a Maharatna CPSE (Central Public Sector Enterprise) operating under the Ministry of Power, entered into a Memorandum of Understanding (MoU) with Rail Vikas Nigam Limited (RVNL) to extend financial support of USD 4.20 billion for infrastructure projects over the next five years.

Gensol Engineering won a USD 16.69 million Solar Power project from Sarda Energy in Chhattisgarh

Gensol Engineering Ltd., a provider of renewable energy project development services, secured a contract from Sarda Energy & Minerals Ltd. (SEML) for a 33 MW AC solar power project in Chhattisgarh.

TK Elevators launched ‘enta villa’, a luxury compact elevator

TK Elevator, a leading global player in the elevator industry, unveiled its innovative home elevator concept, ''enta villa.''

Godrej Consumers Launches New Liquid Detergent Brand

Four decades after launching Godrej Ezee, the first liquid detergent designed for winter wear and woolens, in 1983, Godrej Consumer Products has introduced a new brand of liquid detergent in South India called Godrej Fab, in December 2023, in the states of Tamil Nadu, Andhra Pradesh, Karnataka, and

Nona Biosciences collaborated with Evive Biotech to accelerate Antibody Discovery

Nona Biosciences reveals a partnership with Evive Biotech aimed at speeding up antibody discovery.

FDA Approves First Gene Therapies to Treat Patients with Sickle Cell Disease

The U.S. Food and Drug Administration has granted authorization for the use of Casgevy and Lyfgenia in the therapeutic management of sickle cell disease.

India''s Initiative Towards Consensus-Based Declaration on AI Governance

In a move towards global cooperation and standardized governance in the realm of Artificial Intelligence (AI), India has announced its commitment to working with other countries to formulate a consensus-based declaration on AI governance.

USDA is Now Accepting Applications for Farm Loans Online

United States Department of Agriculture (USDA) unveiled an online application for Direct Loan customers. The online, interactive, guided application that is paperless and offers useful features like an electronic signature option, the capacity to attach supporting documents like tax returns, the ab

Government is considering a prolonged exemption for green hydrogen projects from the list of approved manufacturers for solar panels

the Ministry of New and Renewable Energy (MNRE), a pivotal player in the Indian government''s efforts to achieve decarbonization goals, has proposed granting an exemption to green hydrogen developers, allowing them to import solar PV modules and wind turbine s from China, bypassing the list of auth

Ramco Cements expands clinker capacity in Andhra Pradesh Plant

The Ramco Cements Ltd. (RCL) declared a notable enhancement in the clinkering capacity of its Kolimigundla cement plant in the Nandyal district of Andhra Pradesh, augmenting it by 0.65 million tonnes per annum (mtpa) through the de-bottlenecking of its pyro processing system.

Kemira Oyj announces a multi-million euro investment in water treatment chemicals production in the UK

Kemira Oyj, a global leader in sustainable chemical solutions for water-intensive industries, expands ferric sulfate production line in Goole, UK.

Bayer Invests $250 Million in the Berkeley Cell Treatment Facility

In order to provide cell therapies for usage worldwide, Bayer AG has invested USD 250 million in a new manufacturing facility in Berkeley, California, United States.

Dabur Plans to Set up New Manufacturing Unit in South India

Dabur intends to establish a new factory in South India in less than a year''s time, as its business grows in the region.

TSMC Unveils Plans for Third Plant in Kumamoto, Japan

In a strategic move to bolster its global semiconductor production capacity, Taiwan Semiconductor Manufacturing Co. (TSMC) has announced the construction of its third manufacturing facility in Kumamoto, Japan.

Tata Group Explores Potential Sites for Chip Assembly Unit

The semiconductor industry has been grappling with a severe shortage, affecting various sectors, including automotive, electronics, and telecommunications.

BASF unveils Xarvio SeedSelect, an integral component of the xarvio Field Manager suite

BASF''s Xarvio SeedSelect revolutionizes soybean seed selection by combining algorithms with field research, optimizing yield-building characteristics for precise soybean seed placement