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Hindustan Green Energy is planning to set up grain based ethanol plant with capacity of 400 KLPD at Gudrughat village, Khairlanji tehsil in Balaghat district of Madhya Pradesh.
FY20-21 is an outlier in India's financial system with the onset of pandemic. One direct corollary of pandemic in FY20-21 was a distinct slowdown in bank credit growth that has also continued into FY22.
Tamil Nadu sees over twofold jump in investments Updated: Updated: It received projects worth over 1 lakh cr. in 2020-21, only second to Maharashtra. Share Article It received projects worth over 1 lakh cr. in 2020-21, only second to Maharashtra. Fresh investments into Tamil Nadu more than doubled to over ₹1,00,000 crore during the pandemic-hit 2020-21, with the southern State witnessing the second highest investment outlay among all the States. Maharashtra, which got the highest investments in 2019-20, remained on top in 2020-21 as well. Tamil Nadu jumped from the ninth position in 2019-2...
Construction execution picks up, rich order inflows to aid recovery April 06, 2021 × Projecting a pick up in the country’s engineering, procurement and construction (EPC) sector in FY 2022, India Ratings expects that the rich order inflows into the sector will aid recovery of the sector hit by the panedemic. Order book revenue visibility increased 3.1x the revenue on trailing twelve-month due to higher order allocations in almost all segments. It expects roads, buildings, railways and irrigation related segments to see major order inflows in FY22, backed by rich budgetary allocations. Ind...
Brokerages upbeat on EPC stocks post budget Brokerages upbeat on EPC stocks post budgetPremium 2 min read Share Via Read Full Story Mumbai: The increases in budgetary allocations for the infrastructure sector, including roads, railways, water supply programmes and healthcare, bodes well for engineering-procurement-construction (EPC) companies operating in these segments. Faster payments settlements from central agencies such as the national highways developer, improvement in project execution rates and a now-reliant inflow of government projects have also led to a re-rating of equity ...