Mazagon Dock Shipbuilders marks 250-year milestone

16 May 2024 CW Team

Mazagon Dock Shipbuilders (MDL) celebrated the completion of 250 years. It started as a small dry dock in 1774 and was incorporated in 1934. Since 1960, it has been under the stewardship of the Government of India.

To commemorate this significant milestone, MDL organized a series of events. These included the inauguration of land acquired from the Mumbai Port Authority (MPA), the unveiling of a prototype of the indigenous midget submarine ?Arowana?, the commissioning of a Solar Electric Hybrid boat, the release of MDL?s Commemorative Coin marking the 250 years, and the hosting of a daylong technical seminar.

Giridhar Aramane, Defence Secretary, was the chief guest at the celebration. He formally inaugurated the piece of land acquired from the Mumbai Port Authority. This facility is intended for the simultaneous construction and outfitting of New Builds, Repairs / Refits of various types of vessels.

The new infrastructure will provide MDL with ample capacity to handle multiple projects simultaneously.

Infrastructure Energy

11 Jun 2025

Solarium To Launch Solar Module Unit In Gujarat

Solarium Green Energy Limited, a leading player in India鈥檚 rooftop solar segment, has announced its strategic re-entry into solar module manufacturing. The company plans to set up a fully automated, high-capacity manufacturing facility in Ahmedabad, Gujarat, with an annual output of 1,000 MW. The total estimated capital expenditure for the plant is around Rs 700 million, with additional working capital to be arranged in a 3:1 debt-to-equity ratio.This backward integration initiative is designed to strengthen Solarium鈥檚 control over critical components in its engineering, procurement and co..

Infrastructure Energy

11 Jun 2025

Inox Wind Energy To Merge With Inox Wind

The INOXGFL Group, a key player in India鈥檚 energy transition sector, announced that the National Company Law Tribunal (NCLT), Chandigarh Bench, has approved the merger of Inox Wind Energy Ltd (IWEL) into Inox Wind Ltd (IWL). The order, dated 10 June 2025, paves the way for streamlining the group鈥檚 wind energy vertical and strengthening the financial and operational base of the consolidated entity.Following the merger, IWL will see a significant improvement in its balance sheet with a reduction in liabilities of approximately Rs 20.5 billion. The amalgamation is also expected to deliver enh..

Infrastructure Urban

11 Jun 2025

Hilton Develops India-Made Forged Railway Wheelsets

Hilton Metal Forging Ltd has successfully developed and manufactured indigenous Railway Forged Wagon Wheelsets, which have been inspected and approved by RITES, the Indian government鈥檚 quality assurance agency. Each wheelset includes two forged wheels and one forged axle, with every rail coach or wagon requiring four such wheelsets.The company aims to meet the growing demand from Indian railway wagon manufacturers and reduce reliance on Chinese imports. Under the 鈥淢ake in India鈥� initiative, Hilton plans to manufacture over 3,000 wheelsets in FY26 and scale up to more than 12,000 units in..