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M&M arm forms subsidiary for solar business Posted On: 2021-04-06 10:20:01 (Time Zone: Arizona, USA) Mahindra Solarize Private Limited is incorporated in Mumbai, Maharashtra on April 06, 2021 as a wholly owned subsidiary of Mahindra Susten Private Limited, which is a wholly owned subsidiary of Mahindra Holdings Limited, which is a wholly owned subsidiary of Mahindra & Mahindra Ltd. MSPL has incorporated Mahindra Solarize Private Limited to mainly undertake business for Distributed Energy including rooftop solar installation for commercial, industrial, institutional and residential segmen...

Nitin Gadkari announces upgradation, reconstruction of several projects across country ANI | Updated: Apr 01, 2021 23:36 IST New Delhi [India], April 1 (ANI): Union Minister Nitin Gadkari on Thursday announced a slew of construction and rehabilitation projects for roads in the states of Andhra Pradesh, Assam, Ladakh, Rajasthan, Odisha, Ladakh and Telangana. "Land acquisition for the work of rehabilitation and up-gradation of Ras - Beawar section of National Highway (NH)-158 in the state of Rajasthan has been approved with a budget Rs 38.282 crores. Const...

India signs contract to develop water projects across Maldives SECTIONS Share Synopsis The contracts were signed between the Ministry of National Planning, Housing and Infrastructure and JMC Projects (India) Ltd., SMC Infrastructures Pvt. Ltd., Triveni Engineering & Industries Ltd. and Vishvaraj Environment Pvt. Ltd. The tendering process for the project was undertaken by Ministry of Finance, Government of Maldives. Agencies Indian Line of Credit projects stipulations mandate that 65%-75% of the project components are sourced from India. This leaves ample space for Maldivian businesses and se...

The Nigerian Content Development and Monitoring Board (NCDMB), the Nigerian National Petroleum Corporation (NNPC) and DSV Engineering have signed the Final Investment Decision (FID) for the construction of 10,000 tonnes/day methanol production plant by the Brass Fertiliser and Petrochemical Company Ltd (BFPCL), committing equity investment of US$670m. The facility would be the largest methanol plant in Africa and the first in Nigeria. Its construction phase is expected to create 30,000 direct and indirect jobs and additional 5,000 permanent jobs during the operations phase, the NCDMB said in ...

By Prince Okafor & Obas Esiedesa As a major boost to Nigeria’s economy, a fresh indication has emerged that China Exim Bank, African Development Bank (AfDB), international commercial banks amongst other international donors are expected to fund 70 percent of the nation’s Methanol Plant project total cost. The project which Final Investment Decision (FID) was signed over the weekend by the Nigerian National Petroleum Corporation, NNPC, Nigerian Content Development and Monitoring Board (NCDMB), along with DSV Engineering (an indigenous Nigeria company) will be situated Bayelsa State. Other ...