Tagged: Investment

Odisha approves investment proposals worth Rs 1,325 crore

Odisha today approved investment proposals of Rs 1,325 crore from Chettinad Cement Corporation, North Eastern Electric Power Corporation Limited (NEEPCO) and Ramky Enviro Engineers Limited. The three proposals if implemented will create employment opportunity...

TNB to invest in India’s GMR Energy for US$300m

Tenaga Nasional Bhd (TNB) is planning to subscribe for a 30% stake in selected power assets in India’s GMR Energy Ltd (GEL) on a fully diluted basis for US$300 million (RM1.2 billion). In a...

ADB to lend India $500 mn for renewable energy project

The Asian Development Bankwill provide a $500 million loan to build a transmission system for solar and wind energy in western India, the bank said on Friday, a day after it announced a $400 million package for...