Agreements

UAE’s ADIA Plans $4-5 Billion Investment in India via GIFT City

The Abu Dhabi Investment Authority (ADIA), the largest sovereign wealth fund in the UAE, is establishing a substantial investment fund totaling $4-5 billion through India's Gujarat International Finance Tec-City (GIFT City), situated in Prime Minister Narendra Modi's home state. In-Principle...

Maharashtra Proposes 40 Ropeway Projects, Inks MoU With NHAI For Execution

The collaboration between the Maharashtra government and the National Highways Logistic Management Limited (NHLML) marks a significant step towards advancing connectivity and tourism development through ropeways under the National Ropeway Programme 'Parvatmala'. Formalizing Collaboration: Signing of MoU The Maharashtra government...

India, Oman Sign Pact For Defense Sector Collaboration

India and Oman have taken significant strides in bolstering their strategic partnership through enhanced defence cooperation. The recent signing of a Memorandum of Understanding (MoU) underscores their commitment to deepening collaboration in various realms of defence engagement. Framework for Defence...

NTPC Green Energy Inks Rs 80,000 Cr MoU With Maharashtra Govt for Green Hydrogen

  NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC, recently inked a groundbreaking Memorandum of Understanding (MoU) worth Rs 80,000 crore with the Maharashtra government. This strategic collaboration aims to pioneer green hydrogen projects within the state, aligning closely...

GAIL Secures 10-year LNG Deal With UAE

GAIL, India's leading gas company, has made significant strides in enhancing its liquefied natural gas (LNG) portfolio through a recent partnership with the United Arab Emirates' (UAE) ADNOC Gas. Under this deal, GAIL is set to procure 0.5 million tonnes...

Qatar Secures 15-Year Gas Supply Deal with Bangladesh to Bolster Energy Ties

In a major stride within the energy sector, QatarEnergy and Excelerate Energy have finalized a pivotal 15-year LNG Sale and Purchase Agreement (SPA) with the goal of providing LNG to Bangladesh. Under the SPA, Excelerate will secure up to one...

French President Macron’s India Visit: Key Deals and Announcements

French President Macron's India Visit: List of Deals and Announcements French President Emmanuel Macron concluded his two-day visit to India, participating as the chief guest in the 75th Republic Day celebrations. The visit aimed at strengthening strategic ties between India...

India, France Ink Deal On Defence Space Agreement

Amidst the grandeur of India's Republic Day celebrations, a significant milestone was quietly achieved as French Defence Minister Sebastien Locornu and India’s National Security Advisor Ajit Doval sealed the Defence Space Agreement on January 26. The low-key signing belied the...

India’s ACME and IHI Sign Historic Green Ammonia Supply Pact

India's ACME Group and Japan's IHI Corporation have inked a groundbreaking deal for the supply of 0.4 million metric tons per annum (MMTPA) of green ammonia from Odisha, India, to Japan. The agreement, signed by Manoj Upadhyay, ACME Group's Founder...

MoD Signs Rs 1,070 Cr Deal With Mazagon Dock For 14 FPVs

  With the growing activities of international pirates off the Gulf of Aden driving up the costs of freight and shipping, the Indian government has taken a significant step to ensure the safety of international shipping lanes. In a recent...