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Hindustan Zinc plans Rs 50k-cr capex pipeline for next 5 years
Hindustan Zinc will invest ₹40,000-50,000 crore in the next five years. This will double refined metal capacity and ore production. Metal reserves will more than triple. The company has approved new projects costing nearly ₹17,000 crore. This expansion aims to boost production and secure long-term mining operations.
IFC commits USD 50 million to Hygenco to promote green hydrogen in India
International Finance Corporation is investing USD 50 million in Hygenco Green Energies. This funding supports green hydrogen projects across India. The investment aims to scale up competitive green hydrogen supply for industries. Hygenco will develop projects and strengthen supply chains. This initiative will create jobs and support India's energy transition.
Coal linkage auctions: Coal India steps up supply to non-regulated sector, offers record volumes
Coal India Limited is introducing new measures to increase coal supply for non-regulated sector consumers. This aims to reduce import dependence on high gross calorific value coal and meet growing industrial needs. Record coal will be offered in linkage auctions targeting the sponge iron sector. Steel producers gain flexibility to sell coal byproducts. New projects can secure coal linkages before commissioning.
Maruti Suzuki to invest Rs 925 crore by FY31 towards green energy initiatives
Maruti Suzuki India Ltd announced a Rs 925 crore investment by FY 2030-31 for green energy, including two biogas projects. A new 10 TPD biogas plant will be set up at its Kharkhoda facility by FY 2026-27, while the Manesar plant's capacity has been expanded. These initiatives aim to reduce fossil fuel dependence and align with the government's 'Waste-to-Wealth' mission.
Hindustan Construction secures Rs 127-cr Wangchhu Hydroelectric project
The scope of work includes construction of diversion tunnels, hydromechanical gates and cofferdams. The contract is scheduled to be completed within nine months. The award follows WHPL's technical and financial evaluation process and reflects HCC's proven expertise in executing complex hydroelectric projects in challenging geographies.
Maruti Suzuki share price may rise 26% after JPMorgan projects margin improvement
Of the 49 analysts who have coverage on the stock, 43 have a "buy" rating, four have a "hold" rating and two have a "sell" rating.
Coal ministry invites applications under gasification projects
The Coal Ministry has launched a new initiative to boost coal gasification projects. Companies can now apply for financial incentives to support the development of these projects. The scheme aims to produce 100 million tonnes of gasified coal by 2030. Eligible projects will receive significant financial support, encouraging investment in this crucial sector.
Nikhil Kamath Stock Jumps 8% After Nuvama Projects 392% Revenue Growth By Trade Brains - Investing.com India
Nikhil Kamath Stock Jumps 8% After Nuvama Projects 392% Revenue Growth By Trade BrainsInvesting.com India
Hitachi Energy, GVTD to CG Power: Citi is bullish on these electric equipment stocks. Should you buy?
Citi estimates HVDC projects alone could represent an opportunity of around ₹1.6 trillion for equipment manufacturers. The brokerage also expects global transmission and distribution capital expenditure to exceed $15 trillion between CY25 and CY50.
Ceigall India arm inks pact to monetise highway asset for Rs 177-cr
Ceigall India announced that its wholly owned subsidiary, Ceigall Infra Projects has entered into a definitive agreement to divest its stake in Ceigall Malout Abohar Sadhuwali Highways (CMASH) to Neo Infra Income Opportunity Fund.
PM Modi to Inaugurate Rs 22,000 Cr Projects in Gujarat & Daman including ESIC Hospital & NAMO Airport Terminal
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India's tougher grid rules unsettle investors, test clean energy ambitions
India's new power grid rules are causing concern among clean energy investors, who say stricter penalties for solar and wind projects would reduce returns. This comes as India aims to significantly expand its renewable energy capacity. Investors warn this could slow down the much-needed investment for the energy transition in the country.