Weekly Flashback: Top News That You Might Have Missed

Published : 09 February 2024

By : Sachin Gupta

Force Motors plans to invest Rs 2,000 cr to focus on EV development

In the next three to four years, automaker Force Motors intends to invest Rs 2,000 crore in a variety of projects, including the development of electric vehicles (EVs) and sustainability. Going forward, the business plans to gradually introduce electric versions of its van lineup, with the Traveller Electric serving as the first electric vehicle. In addition, Force Motors intends to expand its usage of renewable energy sources and open a second, sizable paint shop.

Adani Power wins bid for Lanco Amarkantak at ₹4,101 crore

With an offer of ₹4,101 crore, Adani Power was announced as the successful bidder for the indebted Lanco Amarkantak Power. Reliance Industries and a partnership managed by Power Finance Corporation (PFC), the other two candidates in the race, did not take part in the auction. 

South East Railway and Tata Steel collaborate to create green infrastructure

Tata Steel will collaborate with South Eastern Railway (SER) to construct sustainable rail infrastructure using its slag-based aggregates.