Tata Electronics, TCS to develop India’s first domestic semiconductor chips by 2026
Author: PPD Team Date: September 16, 2024
Author: PPD Team Date: September 16, 2024
Tata Consultancy Services (TCS) is collaborating with Tata Electronics to introduce India’s first domestically produced semiconductor chips by 2026. Tata Electronics is leading the manufacturing efforts, targeting industries such as automotive, electronics, power, consumer goods, and healthcare. TCS will contribute through semiconductor design, engineering, and related services, including software solutions and IP-based products.
The India Semiconductor Mission (ISM) has approved three semiconductor manufacturing facilities, including two led by Tata Electronics: a USD 11-billion chip manufacturing plant in Dholera, Gujarat, with Powerchip Semiconductor (PSMC) and a USD 3.26-billion facility in Assam for chip assembly and testing.
Author: PPD Team Date: October 23, 2024 The US Department of Energy (DOE) has announced nearly $2 billion in funding for 38 projects under the Grid Resilience and Innovation Partnerships (GRIP) program. The initiative aims to upgrade transmission and distribution infrastructure, introducing advanced technologies to support over 7.5 GW of grid capacity. These efforts are expected to accelerate the integration of clean energy projects, create around 6,000 jobs, and leverage over $4.2 billion in public…
Author: PPD Team Date: March 10, 2025 Dalmia Cement (Bharat) Limited (DCBL), a wholly owned subsidiary of Dalmia Bharat Limited, has signed an agreement to acquire a 34.52% equity stake in Kilavikulam Rajalakshmi Solar Power Developer Private Limited. The acquisition, valued at Rs 30 million, will help DCBL source up to 10 MW of solar power as a captive consumer in Tamil Nadu. The solar power generated under this arrangement will be eligible for captive…
Author: PPD Team Date: September 18, 2025 Power Grid Corporation of India Limited (POWERGRID) has been awarded the project to develop an inter-state transmission system under the tariff-based competitive bidding (TBCB) process. The Letter of Intent was issued to the company on 16 September 2025. The project, titled “Inter-regional (NR-WR) transmission system strengthening to relieve the loading of 765 kV Vindhyachal-Varanasi D/c line,” will be developed on a Build, Own, Operate and Transfer basis. The…
Author: PPD Team Date: January 28, 2026 Indian Oil Corporation Ltd. (IOC) has outlined plans to invest around Rs 1 lakh crore to build an 18 GW green energy portfolio by 2030. The state-owned refiner aims to acquire up to 12 GW of renewable energy capacity and develop another 6 GW organically. Its green energy subsidiary, Terra Clean Ltd., is targeted for a public listing by 2027-28. According to statements by IOC Chairman A S…
Author: PPD Team Date: November 7, 2024 Apollo Green Energy Limited (AGEL), part of Apollo International Group, has announced plans to build a Rs 100 billion project portfolio by 2025. Currently, its order book stands at Rs 35 billion, with active solar projects valued at Rs 25 billion under development across India. AGEL is preparing for a public listing in 2025 to support its expansion in renewable energy. The company reported significant revenue growth from…
Author: PPD Team Date: October 30, 2024 NTPC Green Energy, a subsidiary of NTPC Ltd, has received final approval from the Securities and Exchange Board of India (SEBI) to proceed with its Rs 100 billion initial public offering (IPO). As India’s largest public sector renewable energy enterprise (excluding hydro) by capacity and power generation in FY 2024, NTPC Green Energy initially filed its IPO documents with SEBI on September 18, 2024. As of June 30,…