In recent years, New Delhi has upped its overseas lending, providing tens of billions of dollars in credit to countries in the region, including financially distressed Belt and Road Initiative (China's program) recipients such as Sri Lanka. India's role as a creditor, by which it offers other governments lines of...
India’s TeamIndus Contends for $20-Million Lunar XPrize
Limiting state investment to 10%, Google’s Lunar XPrize aims to encourage private investment in space technology and development of low-cost systems for space exploration. Bangalore-based startup TeamIndus, the only Indian team in the Google Lunar XPRIZE competition, is building a privately funded Spacecraft capable of soft landing on the Moon by...
India’s NPCIL receives Steam Generators for Kakrapar Atomic Power Station Unit 3
Larsen & Toubro Limited, an Indian multinational conglomerate headquartered in Mumbai has supplied two 700 MWe steam generators for Unit 3 of the Kakrapar nuclear energy plant located in the state of Gujarat. Each steam generator weighs about 215 tons and is made of special low-alloy quenched & tempered steel ...