Thermax Limited has partnered with Ankur Scientific to establish India's first Green Methanol Production Facility at Deendayal Port Authority (DPA), Kandla, Gujarat. The facility will have a production capacity of 18,000 tonnes and address nearly half of India's shipping industry's expected methanol demand of 37,000 tonnes by 2030. Meanwhile, Meghmani Organics Ltd announced that its subsidiary Meghmani Crop Nutrition Ltd received approval from the Ministry of Agriculture and Farmers Welfare for manufacturing nano fertiliser products including Nano DAP, Nano NPK and Nano Zinc.
Afcons Infrastructure Ltd secured a ₹373 crore order for civil infrastructure works under its Urban Infrastructure and Metro Business Unit, involving Engineering, Procurement and Construction contracts and tunnelling using TBM. Dynacons Systems & Solutions Ltd was awarded a ₹750.82 crore order for Supply, Installation, Implementation, Integration, Maintenance and Facilities Management Services for Private Cloud Infrastructure for the Reserve Bank of India's new Data Centre at Bhubaneswar, Odisha. EMS Ltd received the Letter of Award for ₹143.80 crore for Laying of Sewer Network and House Connection work in 18 problematic wards of Nagar Nigam, Varanasi.
Asahi India Glass reported that an exhaust chimney partially failed at its float glass plant in Soniyana, Rajasthan on May 31, apparently due to a local whirlwind/squall. The company confirmed there were no human injuries and all plant and machinery continue to be functional. Standard Surfactants informed exchanges about a fire that broke out on May 3 in the Spray Drier Plant at Mandideep, MP unit, with affected operations expected to resume in 2-3 months after re-installation.
Envair Electrodyne Limited received in-principle approval from Industrial Promotion & Investment Corporation of Odisha Limited (IPICOL) for a ₹136.87 crore investment under the Copper Clad Laminate manufacturing project. GRE Renew Enertech Ltd announced details of orders received from April 15 to April 30 as part of its regular business update. The market developments come amid positive indices with SENSEX at 77,269.40 (+355.90) and NIFTY at 24,119.30 (+121.75).
