Rashmi Group chalks out investment plan worth Rs 35,000 crores

Kolkata-based industrial conglomerate Rashmi Group has chalked out an investment plan of Rs 35,000 crores for West Bengal. This investment will be spread across sectors like steel, power, and mining. 

Out of the total investment plan, around Rs 30,000 crore would be invested to expand its iron and steel manufacturing capacity by an additional 7 million tonnes per annum (MTPA). Further, Rs 5,000 crore would be spent on operationalising three coal mines acquired by the firm in Birbhum and Paschim Bardhaman districts.

Also Read: Rashmi Group signs MoU worth Rs 12,500 crores with the government of Telangana

    6 lakh sq ft office space leased by L&T Mindtree in Chennai

Technology consulting and digital solutions provider L&T Mindtree has leased 6 lakh sq ft of office space in parent Larsen & Toubro’s IT park in Chennai. This space is spread across 12 floors in Tower 2 of the L&T Innovation Campus. The space is leased for 5 years at a monthly rental of Rs 4.09 crores. 

Also Read: 630,000 sq ft office space leased by Intuit in Bengaluru

    Vande Bharat sleeper: Kineco Group bags contract for interior designing

Goa-based Kineco Group has bagged an order for the interior design work for Vande Bharat sleeper coaches. As per the updates, the firm has bagged a multi-year contract to supply the interiors for 100 Vande Bharat trains.

With this, the firm's order book has swelled to over Rs 3,000 crores.

Also Read: Railways plan to launch 800 Vande Bharat by 2030

    Order worth Rs 207 crores bagged by Enviro Infra

Environmental, Water treatment, and management solutions provider Enviro Infra Engineers Limited (EIEL) has bagged a new order worth Rs 207.47 crore from CGE 30 Hybrid Energy Private Limited. This order is for development work on a hybrid renewable energy facility integrating wind and solar power generation.

The scope of work covers civil and electrical infrastructure, crane deployment for Wind Operated Electricity Generator (WOEG) installation, storage handling, inter-carting, and erection services for wind energy systems. Further, the firm will undertake solar project infrastructure, power evacuation facilities, testing and commissioning, and other enabling works, such as land-related and right-of-way activities.

Also Read: Order worth Rs 972 crores bagged by Enviro Infra Engineers

    Kolkata Metro: Tender floated for work related to blue line

The Kolkata Metro Rail Corporation (KMRCL) has floated a tender inviting bids for the rehabilitation works on parts of the Blue Line viaduct. The estimated cost of the tender is Rs 43.36 crores with work covering viaduct sections between Dakshineswar (KDSW) and Dum Dum (KDMI), as well as stretches between Mahanaya Uttam Kumar and Kavi Subhas stations.

The aim is to strengthen ageing metro structures and improve the long-term reliability of the corridor. 

Also Read: Kolkata Metro: Rs 500 crore sanctioned for Tollygunge and Dum Dum tunnel overhaul

    290,000 sq ft office space leased by COWRKS in Chennai

Managed and flexible office space solutions provider COWRKS has leased 290,000 sq ft of office space in Chennai. The firm has operationalized 6 new centres, adding over 3,900 desks.

With this expansion, the firm now has 10 centres across Chennai, covering nearly 5 lakh sq. ft. and 6800 desks.

Also Read: 57,000 sq ft office space acquired by Quest Coworks in Mumbai

    HFCL bags order worth over Rs 135 crores

Telecommunications equipment and cables maker HFCL has bagged a new order worth Rs 135.09 crores. The order is from the government-owned RailTel Corporation of India and involves an annual maintenance contract (AMC) of a secure operations network deployed for Indian defence establishments.

This comes after HFCL  executed the implementation phase of the project, which involved the design, supply, installation, and commissioning of one central data centre and 120 mini data centres across defence establishments nationwide.

Also Read: HFCL to set up defence manufacturing facility in Andhra Pradesh

    Lords Hotels & Resorts signs new property in Katra

Mumbai-based hospitality chain Lords Hotels & Resorts has announced the signing of a new property in Jammu and Kashmir (J&K). The firm has launched Lords Inn Katra, located near the revered Vaishno Devi shrine.

The hotel will offer all the facilities to pilgrims, tourists, and leisure travelers, offering 45 well-appointed rooms, modern amenities, and thoughtfully curated hospitality services. 

Also Read: Lords Hotels & Resorts signs new hotel in Amritsar

    Order worth Rs 171 crores bagged by Saatvik Green

Gurugram-based clean energy firm Saatvik Green Energy has bagged a new order worth Rs 171.45 crores. As per the firm, the order is for the supply of solar modules for a utility-scale solar project.

Under the order, the firm will supply TOPCon Bifacial Glass-Glass Solar PV Modules, a latest-generation solar technology, that generates power from both sides of the panel.

Also Read: Order worth Rs 1,500 crore bagged by Saatvik Green Energy

    Toyota plans set up technology and manufactruing hub in Bengaluru

Japanese automaker Toyota has signed a Memorandum of Understanding (MoU) with the Karnataka state government. This MoU is for the development of a new 300-acre technology and manufacturing-focused hub near Bengaluru.

As per the firm, the facility named TKM Bizintel Hub will be located at KWIN City along the Doddaballapur–Dabaspet corridor in Karnataka. It will be used for a mix of technology, engineering, testing, digital integration, and intelligent manufacturing initiatives.

Also Read: Toyota to set up new plant in JV with Kirloskar Motor in Maharashtra