
SHAREALAM
February 11, 2025 at 05:29 PM
📢 **Update – 11th Feb**
📜 **New Orders & Contracts**
- **BHEL** secures a ₹6,200 crore order for the Raghunathpur Thermal Power Station.
- **Sonu Infratech** wins a ₹141.3 crore road construction project.
- **HAL** strengthens its order book, now exceeding ₹1.3 lakh crore.
📈 **Expansion Plans**
- **HPCL** plans a significant capacity expansion at its Vizag oil refinery.
- **Zetwerk** gears up for a $400-500 million IPO.
- **NIBE** expands its defense manufacturing unit in Maharashtra.
🤝 **Strategic Partnerships**
- **Bharat Forge & L3Harris** sign an MoU for advanced defense technology collaboration.
- **Astra Microwave** partners with **Troop Comforts Ltd.** and **Munitions India Ltd.** for air-defense system development.
🌍 **International Ventures**
- **Magellanic Cloud’s subsidiary, Motivity Labs,** secures a $6.1 million order for 2025.
- **Engineers India** and **BP** sign an MoU to explore global opportunities in oil, gas, and refining.
👨💼 **Leadership & Management**
- **Raymond Lifestyle** MD **Sunil Kataria** resigns; a new CEO will be appointed soon.
🚀 **Innovative Developments**
- **Ravindra Energy** to launch India’s first heavy vehicle battery swapping station by May 2025.
- **Owais Metals** advances in rare earth element extraction, boosting India’s self-reliance initiatives.
📆 **Other Updates**
- **Adani Power** to resume full supply from its 1,600 MW Indian plant to Bangladesh after a 3-month gap.
- **Zen Technologies** unveils AI-powered defense systems for advanced surveillance and national security.