Apollo Green Energy Targets IPO Launch by Q4 2025
Nashik's E-Bus Depot Gets Rs.50M Push
Nashik Municipal Corporation (NMC) has received a Rs 50 million grant under the PM e-bus seva scheme to advance the construction of an electric bus depot at Adgaon truck terminus, located on the city's outskirts. The state-of-the-art depot, spanning 20 acres, will feature parking for 100 electric buses, a charging station capable of charging 25 buses simultaneously, and a dedicated power sub-station costing Rs 35 million. The total project outlay for the depot stands at Rs 270 million, with ?150 million allocated under the National Clean Air Programme (N-CAP) and the remainder sourced from th..
NUVOCO Vistas Sales Volume Grew by 16% YoY for Q3 FY25
Nuvoco Vistas Corp, a leading building materials company in India, announced its unaudited financial results for the quarter ended December 31, 2024. With 25 MMTPA of combined installed capacity, Nuvoco Vistas Corp. Ltd. is the 5th largest cement group in India and amongst the leading cement players in East India. The company is on track to achieve 31 MMTPA cement capacity1 by Q3 FY27 after emerging as the Successful Resolution Applicant for Vadraj Cement (VCL). A Letter of Intent has already been issued. The VCL facility comprises of 3.5 MMTPA clinker unit in Kutch and a 6 MMTPA grinding unit..
WACKER Expands Production Capacity for Specialty Silicones in Asia
Wacker Chemie AG started up two new production facilities for specialty silicones in Japan and South Korea. The expansion strengthens the company’s activities in the Asian growth market. The new plants, located in Tsukuba, Japan and in Jincheon, South Korea, will serve the growing demand from the automotive and construction industries for these products. In total, WACKER has invested an amount in the double digit million Euro range in the capacity expansions. “With the expansion of our production facilities in Japan and South Korea, we are strengthening our position as a market and techno..