NTPC Green Energy forms JV with Indian Oil 

NTPC Green Energy Limited, a wholly owned subsidiary of NTPC Limited has incorporated a new company, in 50:50 joint venture with Indian Oil Corporation, in the name of IndianOil NTPC Green Energy Private Limited. The incorporation date of joint venture company is 2 June 2023.

IndianOil NTPC Green Energy will develop renewable energy based power projects (viz. Solar PV, Wind, any other RE, Energy Storage or any combination of same), to supply 650 MW or more renewable power on round the clock basis, to cater to the requirement of Indian Oil Corporation Limited.

Indorama Yarns commissions Bottle Grade PET resins manufacturing

Indorama Yarns Private Limited, a wholly owned subsidiary company of Indo Rama Synthetics (India) Limited, has successfully started commercial production of Bottle grade PET resins from its newly constructed Solid-State Polymerisation (SSP) Plant at Butibori, Nagpur, Maharashtra, on June 2, 2023.