SHAREALAM
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.

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