India’s bioenergy sector is set to play an important role underpinning the country’s rapidly growing energy markets as robust policy frameworks boost ethanol and compressed biogas production and open new opportunities for biodiesel and sustainable aviation fuels, according to new report from the International Energy Agency (IEA).
KP Group, a leading renewable energy company, has signed an agreement with African nation of Botswana to collaborate on large-scale renewable energy generation, energy storage and transmission infrastructure, involving an estimated capital investment of Rs360 billion ($4 billion).
Leading Indian wastewater treatment specialist VA Tech Wabag has emerged as the preferred EPC partner for the Hadda ISTP project in Saudi Arabia. Wabag is part of the winning developer consortium comprising Metito Utilities, Etihad Water and Electricity and SkyBridge.
India-based Nisus Finance Services Company has acquired a prime residential building in Dubai Motor City for AED221 million ($60 million). Completed in 2021, the Lootah Avenue is a fully occupied freehold development featuring 273 residential units and other amenities.
Oman and India have signed a Comprehensive Economic Partnership Agreement (CEPA) in Muscat, laying the framework for a significant expansion of trade, investment and services cooperation between the two countries.
India’s leading fine jewellery group Tanishq has launched its new flagship store in Dubai’s Meena Bazaar, thus transforming the neighbourhood where its international journey began into the launchpad for its next, larger chapter in the GCC.
TA’ZIZ announced the signing of two product sale agreement term sheets with The Sanmar Group, a leading global producer of polyvinyl chloride (PVC) and specialty chemicals, for the supply of key petrochemical feedstocks.
Atmosphere Core has signed four new properties to its growing portfolio of hotels and resorts in India.
Global leader in events and exhibitions, RX, has announced the launch of WTM Spotlight Delhi, a brand-new event showcasing the power, potential and diversity of India’s growing travel market.
Ashok Leyland, an Indian multinational automotive manufacturer, has launched its new subsidiary in Saudi Arabia as part of its Middle East expansion plans. Ashok Leyland Saudi will be setting up assembly plant for buses and trucks in the kingdom.