JSW Infrastructure Completes Landmark ₹7,503 Crore QIP to Fund Mega Expansion
JSW Infrastructure Limited has successfully concluded a ₹7,503 crore Qualified Institutions Placement, marking a milestone in the Indian industrial sector. The capital raised will support a massive ₹39,000 crore multi-year expansion program and facilitate regulatory compliance regarding public shareholding.
Knowledge Marine Secures ₹66.11 Cr IWAI Contract for Hybrid Electric Ferries
Knowledge Marine & Engineering Works Limited (KMEW) has secured its first external commercial shipbuilding contract from the Inland Waterways Authority of India. Valued at ₹66.11 crore, the project involves constructing ten hybrid electric passenger ferries. This order signifies a strategic move into India’s green maritime infrastructure segment.
Cochin Shipyard to Set Up ₹1,570 Cr Ship Repair Facility in Vadinar, Gujarat
Cochin Shipyard Limited has received Cabinet Committee on Economic Affairs approval for a state-of-the-art ship repair facility at Vadinar, Gujarat. The project involves a combined investment of ₹1,570 crore in partnership with Deendayal Port Authority to service large vessels up to 300 meters.