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Genus Power Infrastructures, Olectra Greentech and DLF to see some action today

20 Jul 2023 Evaluate

Genus Power Infrastructures has incorporated a wholly-owned step-down subsidiary (WOS), namely ‘Genus Chhattisgarh PKG-1 SPV’ on July 19, 2023 for execution of Advanced Metering Infrastructure Service Provider (AMISP) Contract.

Olectra Greentech has awarded a contract for construction of the greenfield electric vehicle manufacturing facility on 150 Acres of the land situated at Seetharampur, Hyderabad, Telangana (Greenfield EV Manufacturing Facility or Project) to Megha Engineering & Infrastructures (MEIL) which is the ultimate holding company and a related party to Olectra Greentech.

DLF has awarded Rs 369 crore contract to construction firm B L Kashyap in its luxury housing project at Gurugram, Haryana. The nature of contract is civil structure and waterproofing works for 'DLF The Arbour' housing project in Sector 63, Gurugram. The contract is to be executed within the next 33 months.

Orient Tradelink has signed mega deal with Zee5 and initiated syndication of content to National and International buyers. This mega deal between Orient Tradelink and Zee5 will officially launch the new highly awaited spiritual series Sai Vibhuti – an animated series inspired by the book Sai Vibhuti by Aushim.

Exhicon Event Media Solutions (EEMSL) has signed the memorandum of understanding (MoU) with Chetak Equine Development (CEDPL) on July 18, 2023 to Co-organize the Show named Sarangkheda Chetak Festival for the upcoming 10 years. The Sarangkheda Chetak Festival is one of the oldest horse fairs in the Country and having been organized for around 300 years and now the same will be Co-Organized and managed by Exhicon for the next 10 years.

The United States Food & Drug Administration (USFDA) has completed a Pre-Approval Inspection (PAI) and a routine GMP inspection at Dr. Reddy's Laboratories’ API manufacturing facility in Srikakulam, Andhra Pradesh, India (CTO-6). The inspection was conducted from July 10, 2023 to 19th July, 2023. The inspection closed with zero observations and a classification of No Action Indicated (NAI).

PNC Infratech has announced the signing of concession agreements between National Highways Authority of India and the Special Purpose Vehicles incorporated by the Company for implementation of the following three Hybrid Annuity Mode (HAM) Highway Projects for an aggregate Bid Project Cost of Rs. 3264.43 crore, on July 19, 2023.

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