Prakash Industries Ltd has reached a major milestone by securing a 30-year mining lease for the Bhaskarpara commercial coal mine, located in Surajpur district, Chhattisgarh. The mining lease was officially executed by the state government on November 21, 2024, and was registered the following day, granting Prakash Industries exclusive coal mining rights for the next…
Indian Hotels Company Limited (IHCL), one of India’s premier hospitality brands, has announced its plans to open a new Ginger hotel in Raipur, the capital of Chhattisgarh. This new property is part of IHCL's ongoing efforts to expand its portfolio and strengthen its presence in key markets across the country. The new hotel will follow…
Larsen & Toubro (L&T) Energy has recently announced a significant achievement, securing orders from NTPC for the development of thermal power plants in Madhya Pradesh and Bihar. The projects, totaling 4,000 MW, are part of NTPC's ongoing efforts to enhance India's power generation capacity.
The scope of work includes two major thermal power plant projects: a…
The Madhya Pradesh Tourism Board has announced an exciting extension of the highly popular Skydiving Festival, scheduled to run until February 9, 2025, in the spiritual city of Ujjain. Following the immense success of previous editions, the fourth consecutive Skydiving Festival promises to be an exhilarating experience for adventure enthusiasts and tourists alike, helping to…
In a strategic move aimed at enhancing customer convenience, Ashok Leyland, the leading commercial vehicle manufacturer in India and part of the Hinduja Group, has signed a Memorandum of Understanding (MoU) with Madhya Pradesh Gramin Bank (MPGB). This partnership will offer customized vehicle financing solutions to Ashok Leyland's customers, focusing on providing flexible loan options…
Larsen & Toubro (L&T) Energy's CarbonLite Solutions division has won significant orders from NTPC Ltd for the development of two ultra-super-critical thermal power plants in India, with a combined capacity of 4,000 MW. The projects are located in Gadarwara, Madhya Pradesh, and Nabinagar, Bihar, and represent a key step forward in L&T's ongoing efforts to…
The Madhya Pradesh government is gearing up for its sixth Regional Industry Conclave (RIC), set to take place on December 7, 2024, in Narmadapuram (Hoshangabad). Spearheaded by Chief Minister Mohan Yadav, the conclave is part of a larger initiative aimed at attracting significant investments to the state and fostering industrial development across its regions.
The event…
The Madhya Pradesh government has recently approved customised packages for 10 industrial units under its Industry Promotion Policy, with the aim of boosting large-scale industrial growth in the state. The decision, made during a cabinet meeting chaired by Chief Minister Mohan Yadav, is expected to attract an investment of approximately Rs 2,100 crore. These investments…
A Madhya Pradesh-based company has made a significant move in Uttar Pradesh’s burgeoning liquor industry by establishing a new brewery in the Hasanganj locality of Unnao. With an annual production capacity of 10 crore litres, this brewery is set to be one of the largest in the state and the first of its kind in…
Madhya Pradesh attracted investment proposals worth nearly Rs 20,000 crore during its two-day mining conclave, held in New Delhi and Bhopal. Chief Minister Mohan Yadav expressed confidence that these investments would significantly boost the state’s mining sector, positioning it as a major player in both diamond and gold mining.
The proposals came from 11 industrial institutions,…
