Supply chain firm Radar Ventures commits Rs 3 bn for R&D centre

India to Commission World’s Longest LPG Pipeline by June

India’s state-run refiners are set to fully commission the world’s longest liquefied petroleum gas (LPG) pipeline by June, a major infrastructure milestone aimed at reducing transportation costs and preventing road accidents. “This will be a game changer in the LPG supply chain,” said N. Senthil Kumar, director of pipelines at Indian Oil Corp. “It’s like putting LPG on a conveyor belt.” The $1.3 billion project is expected to replace hundreds of trucks that currently transport LPG across the country, reducing accident risks. Recent incidents, including a tanker overturning in C..

GE Power India Wins $33M Saundatti Hydro Expansion Deal

GE Power India Ltd (GEPIL) has secured an additional contract worth Rs 2,735 million ($33 million), excluding taxes, from GREENKO KA01 IREP Private Ltd. This contract is an extension of its existing agreement for the Saundatti Hydro Project in Belagavi, Karnataka. "…we would like to notify that there has been an addition in the scope of the aforementioned contract with GREENKO KA01 IREP Pvt. Ltd," GE Power India stated in a regulatory filing. The new contract covers the engineering, manufacturing, procurement, supply, installation, and testing of electromechanical equipment for an addition..

Bihar Approves $2.6B Thermal Plant to Boost Energy Security

Bihar has approved a landmark $2.6 billion greenfield thermal power project in Pirpainti, Bhagalpur district, marking the state’s largest private sector investment. The 2,400MW plant, featuring three 800MW units, aims to provide a stable electricity supply to Bihar’s 130 million residents and drive industrial growth. The Bihar State Power Generation Company Limited (BSPGCL) has been designated as the nodal agency to oversee the tender process and execution. SBI Capital Markets Limited, Mumbai, will manage the project under a tariff-based competitive bidding (TBCB) model. The state has alr..