Category : Industry


TN to Buy 270MW Green Power via SECI for 25 Years

Tamil Nadu Power Distribution Corporation Ltd (TNPDCL) will procure 270MW of renewable energy through SECI for 25 years to meet peak demand and integrate green power. The cost is 5.06-5.07 per unit plus a 7 paise trader margin.

Goa Approves Rs 445 Crore Investment, 800 Jobs

The Goa Investment Promotion Board approved 10 projects worth Rs 445 crore, including major investments by DJEF Leisure and Syngenta Biosciences, expected to generate 800 jobs across Tivim, Dharbandora, and Pissurlem industrial estates.

NHAI Bids for Patna Ring Road's Sherpur-Kanhauli Section

The National Highways Authority of India is evaluating bids for constructing the 9.98 km Sherpur-Kanhauli six-lane road, a key Patna Ring Road component costing Rs777.79 crore, with construction expected within two years.

Diamond Price Drop Boosts Solitaire Demand in India

A sharp decline in diamond prices is reshaping India's jewellery market, with solitaire sales surging 25-35% year-on-year. Younger consumers aged 28-40 are driving demand as affordability improves and gold prices soar.

Road Execution to Moderate in FY27, Toll Growth at 6-8%

ICRA projects a moderation in road execution to 10,500-11,000 km in FY27, with toll growth expected at 6-8%. The report highlights challenges like land acquisition and funding, but remains optimistic about long-term prospects.

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