The new facilities will primarily cater to concrete requirements for wind turbine foundations, one of the critical stages in wind project construction
The acquisition will take EET Retail’s network from 117 to 235 forecourts, with combined annual fuel throughput exceeding 650 million litres
The projects are also expected to create around 4.9 lakh jobs as commercial coal mining expands following the opening of the sector to private participation
The acquisition comes as several African economies seek to expand mining activity and attract investment into critical minerals
Urban infrastructure investment requirements are estimated at more than Rs 56 lakh crore during the period
Brent crude futures rose $3.21, or 3.1 per cent, to $107.82 a barrel by 1218 GMT, after touching an intraday high of $108.65
The project will be developed in Chhatrapati Sambhajinagar district
The transaction is expected to significantly expand Solar Industries’ mining-related operations in Africa
The latest orders span India, the Middle East and the Americas and include high-voltage transmission infrastructure as well as the supply of towers, hardware and cables