KEC bags new orders worth Rs 1,303 crore

RPG Group firm KEC International has bagged new orders worth Rs 1,303 crore spread across various verticals, driven predominantly by its power transmission and distribution (T&D) business. The company secured a project to construct a 400 kV transmission line in Northern India from an existing client. The work involves evacuating power from a hydroelectric plant. 

The firm bagged multiple contracts for 380 kV transmission lines in Saudi Arabia, while also winning orders to supply towers, hardware, and poles across the Americas.

Also Read: Orders worth Rs 1,180 crore bagged by KEC International

    PepsiCo India inaugurates new manufacturing facility in Nalbari

Food and beverage firm PepsiCo India inaugurated its fifth food manufacturing facility in Nalbari, Assam. The firm has invested Rs 778 crore in the project that spans 44.2 acres and will manufacture Lay’s and Uncle Chipps.

The project is a part of PepsiCo’s growing Partnership of Progress with India and forms part of the company’s Rs 5,700 crore investment commitment through 2030.

Also Read: 91,314 sq ft office space leased by PepsiCo in Hyderabad

    VB Group to develop new commercial project in Thane

Mumbai-based real estate firm VB Group Bhoomi Poojan ceremony for its upcoming commercial project. The firm is developing a commercial project in Vartak Nagar, Thane, that will be a first-of-its-kind: Grade A office space ranging from approximately 700 sq. ft. to 15000 sq. ft., offering thoughtfully planned spaces suited to a diverse range of business requirements.

Expected to be delivered by the first quarter of 2027, the project has an estimated revenue potential of Rs 700 crore.

Also Read: Civitech Group to develop commercial project in Greater Noida

    BEHL to invest Rs 65 crore in its JV with NTPC

The board of Bharat Heavy Electricals Ltd (BHEL) has approved an equity investment of Rs 65 crore in a joint venture (50:50) with NTPC Ltd, the NTPC BHEL Power Projects. According to the updates, the plan is to carry out EPC contracts for power plants and other infrastructure projects, as well as manufacture and supply equipment in India and abroad.

Also Read: NTPC plans to develop nuclear power units in Banka

    IHCL signs new hotel in Sambalpur

Tata Group's renowned hospitality brand, Indian Hotels Company (IHCL), has announced the signing of a new property in Odisha. The firm has signed Gateway Hotel in Sambalpur, a greenfield project that will feature 125 keys. 

According to IHCL, the property will house a speciality restaurant, a bar, a fully equipped gym, and a swimming pool. For events, meetings, weddings, and social events houses a banquet space spanning over 10,000 sq.ft along with multiple meeting rooms for conferences.

Also Read: IHCL signs new Ginger hotel in Nava Raipur

    Joint venture of Ester and Loop bags global supply order

ELITe, a 50:50 joint venture between polyester manufacturer Ester Industries and chemical sector company Loop Industries, has secured an order to supply up to 15,000 tonnes of recycled PET resin to a leading global sports (name not made public) and athletic brand. 

The order will be supplied from ELITe’s upcoming greenfield facility in the PCPIR Dahej region of Gujarat. The JV is investing Rs 1,600 crore to develop the chemical recycling plant, which will have an annual production capacity of 70,000 metric tonnes.

The facility will use Loop Industries’ proprietary depolymerization technology to process polyester waste into virgin-quality monomers, including dimethyl terephthalate (DMT) and monoethylene glycol (MEG).

Also Read: IOCL and MCPI join hands for developing polyester manufacturing project in Odisha

    Dassault Systèmes and Bosch SDS partner for AI-led manufacturing in India

French tech firm Dassault Systèmes has partnered with Bosch SDS to advance artificial intelligence (AI) and digital manufacturing across India. The plan is to integrate connected operations into production and engineering processes, with an initial project already underway with a prominent electric vehicle (EV) manufacturer in India.

According to ET, under the partnership, the first joint deployment combines Dassault Systèmes’ DELMIA Apriso manufacturing execution system (MES) with Bosch SDS’ expertise in manufacturing transformation. The partnership also covers Industrial AI and Agentic AI, Digital Thread technologies, energy management, IT/OT integration, machine-level intelligence, and Digital Product Passports.

Also Read: Fortune Hospitality to set up AI-data centre park in Telangana

    Delhi Government to invest over Rs 266 crore for modern public toilet blocks

The Delhi government plans to invest Rs 266.26 crore to develop 500 modern public toilet blocks across the city. The proposed facilities will include solar panels, CCTV cameras, sanitary pad vending machines, ramps, and outdoor video walls.

Delhi Chief Minister Rekha Gupta inaugurated a modern public convenience complex at Labour Chowk in Shalimar Bagh. She said 2,000 modern public toilet blocks would be built across Delhi within a year.

The Municipal Corporation of Delhi (MCD) and the Delhi Tourism Department will construct 1,000 toilets each.

Also Read: Delhi Government plans to develop elevated corridor along Najafgarh drain

    Sonu Nigam sells 3.082 sq ft office space in Mumbai

Singer Sonu Nigam has sold 3,082 sq ft of commercial space in Mumbai. The space, located on the ground floor of the Trade Centre, Bandra Kurla Complex (BKC), was sold for Rs 18 crore. Nigam bought the land for Rs 14.30 crore in 2023.

Also Read: Actor Manoj Bajpayee buys 4.45 acres land in Pune

    Global packaging firms to set facilities in Uttar Pradesh, to invest Rs 6,566 crore

Leading global packaging firms Ball Corporation, Crown Holdings, and Canpack are looking to invest Rs 6,566 crore in Uttar Pradesh. The firms plan to set up units in integrated manufacturing and logistics clusters being developed along expressways.

According to updates, Crown Packaging India Private Limited is setting up its first manufacturing unit in India in Unnao, while Ball Beverage Packaging India is preparing to invest in Meerut. Canpack India is planning a large investment in Unnao.

Crown Packaging India's project will be spread over 40 acres in Unnao and will have an initial production capacity of 116.2 crore aluminium cans a year. The project will require an investment of Rs 2,078.44 crore. Ball Beverage Packaging India's unit will be based in an integrated manufacturing and logistics cluster in Meerut. Spread over 40 acres, the project will require an investment of around Rs 2,913 crore.

Canpack India's project will span 26 hectares and will have an annual production capacity of about 130 crore cans. It will require an investment of Rs 1,574.62 crore. 

Also Read: AM Group to set up data centre hub in Jewar with an investment of over Rs 26,910 crore