ChemplastSanmar chemicals division signs LoI
The Custom Manufactured Chemicals Division of city-based ChemplastSanmar Ltd has signed a Letter of Intent to manufacture an advanced intermediate with a global agrochemical innovator, the company said on Friday.
ChemplastSanmar chemicals division signs LoI
Chennai: The Custom Manufactured Chemicals Division of city-based ChemplastSanmar Ltd has signed a Letter of Intent to manufacture an advanced intermediate with a global agrochemical innovator, the company said on Friday. The Custom Manufactured Chemicals division manufactures advanced intermediates for agrochemical, pharmaceutical, and fine chemical innovators. The division has invested in state-of-the-art production blocks, pilot and research and development facilities to handle a wide range of chemistries and processes, ChemplastSanmar said in a statement. "Last quarter, we announced that we have been selected to manufacture an intermediate for an established generic Active Ingredient. Today, we are pleased to announce that we have signed a letter of intent for this intermediate with a global agrochemical innovator company," company deputy managing director Krishna Kumar Rangachari said.
TP Saurya, TPTCL to set up 200MW solar plant
New Delhi: TP Saurya has signed a power purchase agreement with Tata Power Trading Company Ltd (TPTCL) to set up a 200 MW solar project at Bikaner in Rajasthan. TP Saurya Ltd (TPSL) is a subsidiary of Tata Power Renewable Energy Limited (TPREL), which is an arm of Tata Power. With the latest win, the total renewable energy capacity of TPREL reaches 6,788 MW with an installed capacity of 3,917 MW (solar 2,989 MW and wind - 928 MW) and 2,871 MW under various stages of implementation, Tata Power said in a regulatory filing. The plant will be commissioned by March 2024. TPTCL has entered into a PPA with TPSL for a period of 25 years, it said adding the project will supply 485 million units of energy annually.
HP cong seeks hike in import duty on Apple
Shimla: Himachal Congress president Kuldeep Singh Rathore on Friday said the central government should increase the import duty on Apple from 50 to 100 per cent to protect farmers. The statement came days after the government banned the import of apples if their imported price is less than Rs 50 per Kg. Rathore, in a statement, maintained that the apple growers are not getting remunerative prices because apple is being imported in large quantities from other countries. "BJP leaders should urge him (the Prime Minister) to increase the import duty from 50 to 100 per cent," he added. The Himachal Pradesh BJP on Tuesday hailed the central government's decision to ban the import of apples if their imported price is less than Rs 50 per kilogram, saying it will benefit the apple growers in the state.
