Pune, Maharashtra-based Praj Industries' award winning biotechnology, enfinity, will be deployed to produce ethanol and other co-products using sugarcane bagasse, or plant residue, in what will be America's first bagasse-based bio-refinery. The bio-refinery is jointly promoted by Miami, FL- based Omega Energy USA LLC, a developer of renewable energy projects,...
Singapore Fund Invests in India's Infrastructure Sector
Singapore’s sovereign wealth fund GIC will invest over $600 million for a 49 percent stake in a private Infrastructure Investment Trust controlled by IRB Infrastructure Developers headquartered in Mumbai. As part of the transaction, IRB will transfer nine of its Build-Operate-Transfer assets into the Investment Trust in which IRB will...
Good Food Institute to Establish Center in India
Washington D.C.-based non-profit Good Food Institute, the government of India's state of Maharashtra, and the Institute of Chemical Technology located in Mumbai will set up a Center for Excellence in Cellular Agriculture. Good Food Institute India is looking for funding of $8 million to set up a lab at the...
India to Set Up 21 New Nuclear Reactors by 2031
Currently, India has 22 power reactors in operation at seven plant sites with a combined capacity of 6,780 MWe. It now expects to bring 21 new nuclear power reactors with a combined generating capacity of 15,700 MWe into operation by 2031, Jitendra Singh, the country's minister of state for the...
AstraZeneca, Indian Cancer Society to Launch Cancer Screening
AstraZeneca Pharma India in partnership with the Indian Cancer Society, announced the launch of a nationwide cancer awareness initiative – Cancer Screening for Women. Under this program, free, specialized cancer-screening will be conducted across the country for women from underprivileged families. These screening camps will focus on prevalent cancers of...
India Crosses 500 Million Internet Connections
By the end of September 2018, India recorded 56o million internet users marking 65% growth from 340 million connections in March 2016. According to a report from the Telecom Regulatory Authority of India 64% of the internet connections are from urban areas while 36% are from its rural regions. India's...